World Perspectives
feed-grains soy-oilseeds wheat

Southeast Europe Regional Analysis

Milling Wheat The cash market in the Black Sea remained about unchanged despite the U.S. and EU futures markets’ sharp rally. Crop conditions in Russia and Ukraine are generally considered as good, although there are dry regions in both countries where the wheat is starting to suffer from a lack of moisture. The weather in coming weeks will be crucial to the final yield and quality. USDA’s estimate of 72 MMT for the Russian crop was considered very conservative on the day of the WASDE report’s release. Today, however, that number seems much closer to the trade estimate than it did two weeks ago. The EU reported weekly exports of 219,000 MT, bringing the total to 17.7 MMT versus 22.3 MMT at the same date last year. The EU...

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feed-grains soy-oilseeds wheat

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feed-grains soy-oilseeds wheat

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feed-grains soy-oilseeds wheat

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