Ukraine's milling wheat prices increased slightly as did corn prices at the UBS ports due to export reasons. The milling rye market there remained stable as both offers and bids were minimal. Meanwhile, Russia's 2016 corn crop could be a record. Russian Grain Market Note: Market information is limited due to the local May holidays. Market Trends: 2-6 May 2016 3rd and 4th grade soft milling wheat prices as well as feed wheat and corn prices increased in RUB expression and dropped in USD expression due to weakening of the ruble. Milling rye, feed barley and sunflower seed prices decreased in both forms of currency. USD/RUB Rate As of 6 May, the USD/RUB rate was 1/66.2 as the Russian ruble weakened. Russian Oilseed Markets
Russia: Pl...
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...
