Russian Deputy Minister of Agriculture Sergey Levin noted in a speech today that the ministry may reconsider the size of the wheat export duty or cancel it completely if the ruble stabilizes. Russian Grain Markets Grain Market Intervention Almost all offered lots were purchased (49,275 MT of 50,085 MT) during the 28 October grain market intervention trading session. This included: 24,300 MT of 3rd grade wheat; 16,605 MT of 4th grade wheat; 5,805 MT of 5th grade wheat; and 2,565 MT of 1st grade (feed) barley. Average purchase prices are noted below:
3rd grade wheat - $170.89/MT 4th grade wheat - $159.38/MT 5th grade wheat - $139.13/MT 1st grade barley - $118.54/MT
As of 28 October, 202,500 MT of grain have been purchased in total...
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...
