World Perspectives
feed-grains soy-oilseeds wheat

Black Sea Regional Analysis

Russian Grain Markets: 17–21 April 2023  Russia’s grain markets remained predominantly bearish, but the bear is weaker and slower now. Trading is a tug of war with farmers keeping stocks and they are in no hurry to sell for less. Export duties will dictate the trends in the near future and with lower duties, prices may recover slightly given export potential.  Decreased export duty for corn remains at $40/MT which indicates the Russian government is not keen on exporting corn. Since 2019, Russia has exported around 4 MMT of corn, this season the number may be slightly lower. Also impacting the market is the UN grain corridor terms and conditions which Russia does not like. Russia is expecting sanctions lifted from Ro...

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feed-grains soy-oilseeds wheat

Market Commentary: War, Crude Oil Still Dominate

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feed-grains soy-oilseeds wheat

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feed-grains soy-oilseeds wheat

Middle East Grain Trade Trends

Somewhat lost in the current discussion over the impacts of the conflict in Iran and the Persian Gulf is the impact on grain trade. The region is not usually at the top of grain market analysts’ thinking when it comes to major demand centers, yet it accounts for significant global grain c...

feed-grains soy-oilseeds wheat

Market Commentary: War, Crude Oil Still Dominate

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feed-grains soy-oilseeds wheat

Summary of Futures

May 26 Corn closed at $4.605/bushel, up $0.07 from yesterday's close.  May 26 Wheat closed at $6.1675/bushel, up $0.33 from yesterday's close.  May 26 Soybeans closed at $12.0075/bushel, up $0.215 from yesterday's close.  May 26 Soymeal closed at $317.2/short ton, up $7.9 from ye...

feed-grains soy-oilseeds wheat

Middle East Grain Trade Trends

Somewhat lost in the current discussion over the impacts of the conflict in Iran and the Persian Gulf is the impact on grain trade. The region is not usually at the top of grain market analysts’ thinking when it comes to major demand centers, yet it accounts for significant global grain c...

feed-grains soy-oilseeds wheat

Summary of Futures

May 26 Corn closed at $4.535/bushel, up $0.0975 from yesterday's close.  May 26 Wheat closed at $5.8375/bushel, up $0.155 from yesterday's close.  May 26 Soybeans closed at $11.7925/bushel, up $0.0975 from yesterday's close.  May 26 Soymeal closed at $309.3/short ton, down $0.6 f...

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