Russian Grain Markets: 12-16 November 2012 Grain Market Interventions The intervention fund put up 64,899 MT of grains for exchange trading on 14 November and 64,901 MT of grains on 20 November. Market Trends Unlike the depressing trend on the current global grain market, prices for most grains on the Russian domestic market increased during the week in review. Geographically:
3rd grade soft milling wheat prices increased in all regions of European Russia: the South (+$ 7/MT), Volga Valley (+$6/MT), Central and Black Soil (+$5/MT). Prices also began to increase in Asian Russia: Siberia (+$ 6.5/MT) and Ural (+ $2/MT). 4th grade soft milling wheat prices increased in European Russia and in Asian Russia. Specifically, prices in Sibe...
What You Need to Know Today: U.S. weather is getting more attention this week as conditions vary greatly across the western, central, and eastern corn belts, with the different regions battling dryness and too much rain simultaneously. The ProFarmer Crop Tour began today in Indiana and Nebrask...
Key Takeaways: Argentina is on pace for a record corn crop and record exports in the current marketing year, with abundant supplies likely to keep the country highly competitive in global export markets. Argentina’s record exportable surplus is allowing it to offer highly competitive pri...
