Russian Grain Markets 18–22 September 2023  The Russian bear continued marching over all grains in European Russia without exception. The Asian part of Russia was more stable but sooner or later the bear will reach that part of the country as well as the domestic crop is huge and far exceeds Russia’s needs.  The export market remains unmistakably bearish and part of the reason beyond global bearish sentiments is the lack of international players on the market to force competition. Some traders believe that grain prices in the ports have already reached their bottom levels, however export duties and higher input costs for farmers are scaring the bull off. At the beginning of the marketing year, the wheat export duty...

TAGS – Feed Grains, Soy & Oilseeds, Wheat, Black Sea, Russia