Russian Grain Markets: 13-18 December 2012 Grain Market Interventions The intervention fund put up 64,990 MT of grains for exchange trading on 18 December 2012.As of 1 December 2012, total carryover stocks of grain in producing, storing and processing enterprises amounted to 29.7 MMT, down 12.6 MMT from the amount on the same date last year. Geographically:
3rd grade and 4th grade soft milling wheat prices continued to increase in the South and Siberia (+$1.5-4/MT), Black Soil (+$7/MT), Central (+$5-5.5/MT), and Ural and Volga Valley (+$10-11/MT). 5th grade feed wheat prices increased +$11/MT in Volga Valley, +$9/MT in Ural, +$4-5/MT in other regions and only +$3/MT in Siberia. Feed barley prices increased in the Central and South...
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...
