Russian Grain Market: 13-17 February 2012 GRAIN COMMODITIES AND FLOUR Russia's domestic grain market remained bullish last week with prices growing at slower rates. Corn prices began to fall, primarily due to the product's low quality. Wheat prices continued to increase, but some factors may influence them negatively in the near future:
Cheaper U.S. wheat may force Russian exporters to take a break in selling wheat or decrease their prices. Russia's Ministry of Agriculture may start selling grain from the Intervention Fund in 2012. Winter crop condition (unlike in Ukraine, Russian winter crops were not as badly affected by the extreme weather).
So, the grain market's development trends for the near future are not yet clear. Dur...
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...