Russian Grain Markets: 26-30 November 2012 Grain Market Interventions The intervention fund put up 64,935 MT of grains for exchange trading on 4 December. Export Update Russia has exported 11.769 MMT of grain since 1 July 2012, according to the Russian Ag Ministry. During 1-28 November, export volumes amounted to 1.445 MMT of grain, including 865,700 MT of wheat, 307,300 MT of barley, 211,500 MT of corn and 60,800 MT of other crops. The current export potential for the rest of the marketing year is estimated to be 15.5 MMT.Comparing the current MY 2012/13 exports (1 July – 28 November) to the results from the same period in MY 2011/12, we can see that exports have fallen 18.2 percent (from 14.386 MMT of grain). Geographically:
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Yesterday, Alberta held a referendum on whether to begin the process toward independence from Canada. With more than one million votes counted as of early Tuesday morning, around 77 percent supported remaining in Canada, and 23 percent voted to start the process of separation, according to unof...
Mediterranean/Middle East/North Africa/Africa – MEA Region Pakistan’s smaller wheat farmers have been holding protests to complain about the lack of a support price for wheat and the potential expansion of GMO crop production. They also want the reinstatement of PASSCO, the governme...
What You Need to Know Today: Harvest pressure in the U.S. sent corn and soybeans lower as supplies increased and there were signs USDA’s upward revisions to yields in the October WASDE could be close to right. The conflict between Russia and Ukraine escalated over the weekend, with Ukrai...