Processors' and traders' bid prices for soybeans on the Ukrainian domestic market rose to $374-394/MT EXW and $378-398/MT CPT, while CPT-port prices grew to $386-398/MT. FOB offer prices increased to $360-375/MT. The price growth was mainly due to the upward trends on the global market. Russian Grain Market Note: Market information is limited due to the local May holidays. Market Trends: 25-29 April 2016 Milling rye prices remained stable during the week in review as other grain prices grew slightly in RUB expression and more significantly in USD expression due to strengthening of the ruble. USD/RUB Rate As of 29 April, the USD/RUB rate was 1/64.32 as the Russian ruble strengthened. Russian Oilseed Markets
Russia: Planting Update...
What You Need to Know Today: The corn and soybean markets closed slightly higher in low-volume trade. The wheat market was mixed, with HRW continuing its downward trek on improved moisture. As expected, the bearish cattle on feed report drove down cattle prices and pulled hogs down with it. Mi...
Dry bulk markets were volatile but ultimately steady this week with notable differences in rate developments across vessel classes. The Capesize sector, which led the recent rally in freight rates with its dramatic surge, pulled back slightly amid more cautious chartering activity, partic...
Key Market Insights Macro markets delivered a full whipsaw today. Early in the session, crude oil had rallied back above $100/barrel as traders priced renewed concern over the U.S.-Iran standoff and potential supply risk through the Strait of Hormuz. That strength helped pull grains off their o...