Russian Grain Markets: 3-12 December 2012 Grain Market Interventions The intervention fund put up 64,880 MT of grains for exchange trading on 11 December 2012.The next day, 12 December 2012, 64,969 MT of grains were released for trading. Export Update As of 10 December, Russia has exported 12.1 MMT of grains since 1 July 2012. During the first five months of the 2012/13 marketing year (July-November), the country's general grain exports amounted to 11.96 MMT, down 3.18 MMT from the same period last year. Specifically, Russia last month exported 1,638,000 MT of grain, including 978,000 MT of wheat, 340,000 MT of barley and 258,000 MT of corn. Geographically:
3rd grade soft milling wheat prices continued to increase in European Russ...
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...