Regional News Russia calculated and published its official grain export duty rates on Monday. Effective 2 April 2021, the benchmark prices and tariffs are as follow:
Wheat: benchmark price of $281/80/MT, implying an export duty of $57.20/MT Corn benchmark price of $242.60/MT, implying an export duty of $40.30/MT Barley benchmark price of $238.90/MT, implying an export duty of $37.37/MT
Wheat crops in Belarus and Ukraine are starting their vegetation stage due to warming weather. Ukraine’s wheat is emerging from dormancy roughly five days later than normal, but that is not expected to have a significant impact on yields this summer. Farmers in Ukraine have started planting spring grain crops and 15.5 Mha are...
What You Need to Know Today: Russia rejected calls for a ceasefire in the Black Sea, including a proposal to halt attacks on civilian shipping that could help restore grain flows from Ukrainian ports. Tyson Foods announced plans to permanently close its Joslin, Illinois, beef processing facili...
We have described the long-term investment climate in crop and livestock production, using data primarily from the Bureau of Economic Analysis (BEA). The data provided background on the current investment climate and outlook for agricultural capital formation. Our conclusion was that investment...