Russian Grain Markets: 12-16 November 2018 Prices on the domestic market moved in different directions. Meanwhile, the average milling wheat export price dropped to $226/MT FOB Black Sea, while purchase prices at seaports rose to $198-201/MT CPT-Black Sea port. The average feed barley export price remained at $240/MT FOB, and the average CPT-Black Sea port was stable in RUB expression but grew to $210/MT in USD expression. The average corn export price was steady at $186/MT FOB. GEOGRAPHICALLY 3rd grade soft milling wheat prices grew in Central (+$2.50/MT), Ural (+$0.80/MT) and Siberia (+$0.40/MT) but decreased in Black Soil and the South (-$0.20-0.05/MT). Meanwhile, they were unchanged in Volga Valley. 4th grade soft milling wheat pric...
What You Need to Know Today: USDA reports are delayed until Tuesday due to the federal holiday on Monday. Over the weekend, President Trump announced a ceasefire between Russia and Ukraine. Russia warmly welcomed and confirmed this ceasefire by conducting more strikes against Ukraine. Specific...
On Saturday, 10 October, at a campaign rally in Clarksville, Tennessee, President Trump said that the U.S. and Mexico would come to terms on a new trade deal, and he said Canada does not need to be part of the deal. Trump called the coming agreement with Mexico “great” but gave no d...
Key Takeaways: The United States has steadily lost global wheat export market share since the 1970s, falling from the world's leading exporter to a projected fifth place in 2026/27. The rapid expansion of Black Sea wheat exports, driven by improved productivity and export infrastructure, has r...
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Illuminating the value of technical research
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