Russian Grain Market: 17-24 January 2012 GRAIN COMMODITIES AND FLOUR A major recent event in the Russian grain market was the government-held auction of grains from state purchasing interventions. The 24 January event was attended by 226 Russian companies. The total amount of the grain purchased during the auction was RUB 62.7 million ($2.04 million). In the course of the auction there were 13,500 MT of 2011 harvest grain purchased, including:
10,800 MT of 3rd category milling wheat (at average price $153/MT); and, 2,700 MT of 4th category milling wheat (at average price $145/MT).
The total volume of the 2011 grain harvest purchased to the state intervention fund is 345,465,000 MT, worth a total of RUB 1.58 billion ($51.48 milli...
What You Need to Know Today: Commodities were mostly lower across the board today after yesterday’s Federal Reserve meeting hinted at a potential interest rate hike later in 2026. The dollar index reached its highest level in over a year, and a strong dollar makes U.S. agricultural expor...
Tomorrow is the Juneteenth federal holiday, and the USDA, along with the rest of the federal government and the CME, will be closed, so the monthly Cattle on Feed report was released a day early. The total number of cattle on feed in feedlots with 1,000 head or more capacity on 1 June amounted...
