Russian Grain Markets: 14-18 January 2019 All domestic grain increased in both RUB and USD expression. The average milling wheat export price rose $3/MT to $243/MT FOB Black Sea, and purchase prices at seaports grew to $218-220/MT CPT-Black Sea port. The average feed barley export price dropped to $236/MT FOB, however, as the average CPT-Black Sea port remained stable in RUB expression but grew in USD expression to $211/MT. GEOGRAPHICALLY 3rd grade soft milling wheat prices increased in Central (+$2.80/MT), Volga Valley and Black Soil (+$3.60-4.00/MT), the South and Ural (+$4.50-4.80/MT), and Siberia (+$7.50/MT). 4th grade soft milling wheat prices grew in Central and Siberia (+$3.70-4.10/MT), Black Soil, the South and Ural (+$5.00-5.7...
What You Need to Know Today: Russia rejected calls for a ceasefire in the Black Sea, including a proposal to halt attacks on civilian shipping that could help restore grain flows from Ukrainian ports. Tyson Foods announced plans to permanently close its Joslin, Illinois, beef processing facili...
The Bureau of Labor Statistics (BLS) released the Consumer Price Index (CPI) on Wednesday. In July, the CPI rose 0.1 percent, seasonally adjusted, and rose 3.4 percent over the last 12 months, not seasonally adjusted. The index for all items less food and energy, or the “core” infla...
We have described the long-term investment climate in crop and livestock production, using data primarily from the Bureau of Economic Analysis (BEA). The data provided background on the current investment climate and outlook for agricultural capital formation. Our conclusion was that investment...
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