World Perspectives
feed-grains soy-oilseeds wheat

Southeast Europe Regional Analysis

Milling Wheat The Black Sea market was slightly weaker last week. While Russia’s wheat stocks were reported to be 25 percent lower than on the same date last year, the export pace remains at about 1 MMT week with domestic prices about unchanged. Today the market was focused on the Ukraine/Russia conflict that resulted in the closure of the Kerch Strait during the weekend. However, the traffic via the strait has resumed this morning, and the incident had a very limited impact on the wheat market. Last week the Egyptian GASC bought 120,000 MT of U.S. SRW at $220.90/MT FOB (equivalent to $253.78/MT CNF), 60,000 MT of Russian at $233.50/MT FOB (equivalent to $250.30 CNF) and 60,000 MT of Romanian wheat at $238.36/MT FOB (equivalent to $...

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feed-grains soy-oilseeds wheat

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feed-grains soy-oilseeds wheat

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