The feed wheat market in the Black Sea is under pressure in the absence of buying interest with the low pro Argentine wheat significantly more competitive. Milling Wheat The Black Sea market is lower without many trades being reported. The weather forecast is calling for a sharp drop in temperatures in south Russia and Ukraine over the coming days, and there is currently not much snow on the ground to protect the wheat. The market will closely monitor the region’s weather development in the coming weeks as it may be critical for the winter wheat condition.Egypt’s GASC bought two cargoes of Argentine wheat (60,000 MT each) in tender last week, paying $190.28-191.60 on a CNF basis. The cheapest offers for French and Russian origins were abo...
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...
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