World Perspectives
feed-grains soy-oilseeds wheat

Southeast Europe Regional Analysis

Milling Wheat The Black Sea market again remained about unchanged last week with no major trades reported. The Russian 12.5 pro price has found a stable balance for the moment. It doesn’t need to go lower to vie with other origins of similar quality as only Argentina appears to be competitive. However, the freight disadvantage versus the Black Sea to most destinations is at least $10. On the other hand, the Russian wheat cannot afford to lose demand, and therefore the upside potential is very limited. The EU exported only 128,000 MT last week, bringing the total to 8.8 MMT versus 11.3 MMT at the same time last year. If the pace remains this slow in coming months, most analysts will have to lower their EU export estimates, which are...

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feed-grains soy-oilseeds wheat

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feed-grains soy-oilseeds wheat

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Key Market Developments Macro/Geopolitics:  Markets are staring down a deadline tonight as President Donald Trump pushes Iran to reopen the Strait of Hormuz by 8:00 PM Eastern. So far, Iran has rejected the U.S.-backed ceasefire proposal — reportedly delivered through Pakistan &mdash...

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feed-grains soy-oilseeds wheat

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May 26 Corn closed at $4.49/bushel, down $0.05 from yesterday's close.  May 26 Wheat closed at $5.98/bushel, up $0.0275 from yesterday's close.  May 26 Soybeans closed at $11.5825/bushel, down $0.085 from yesterday's close.  May 26 Soymeal closed at $311.8/short ton, down $4.8 fr...

feed-grains soy-oilseeds wheat

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feed-grains soy-oilseeds wheat

Middle East, Mediterranean, and Africa Regional Analysis

Mediterranean/Middle East/North Africa/Africa – MEA Region Egypt has said that it will no longer import any shipments of grain exported by Russia from the occupied areas of Ukraine. Egypt has increased its purchase price for local wheat by about 11 percent in order to increase domestic pu...

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