Milling Wheat The Black Sea milling wheat market was sharply higher for the sixth consecutive week. The offers in the FOB market are difficult to find, but some destination business was done this week:
Jordan bought 100,000 MT of Black Sea wheat at $343. Tunisia bought 125,000 MT of Black Sea wheat at $330 and $343. The $330 was considered to be very aggressive as the replacement calculation was at least $10 higher.
The harvest in Romania and Bulgaria is progressing under favorable weather conditions, with more than 50 percent of the planted area already harvested. The reported yields are in line with expectations. We estimate the crop in Bulgaria at 4 MMT and in Romania at 6 MMT, leaving about 2 MMT and 1.5 MMT fo...
WPI Grain Prices and Freight Rate App Note: you can also visit the app directly by clicking here. Supplemental Information The section below offers a concise view of the options available in the current version of the WPI FOB Price and Freight Rate app, along with a short “How To”...
Russian Grain Markets: 12–16 October 2026 During the week in review, the Russian grain market began recovering after an extended decline driven largely by Black Sea logistics bottlenecks, a good crop and weaker global demand in traditional Russian markets. Russia is beginning to harvest c...