Commodity markets

            Export prices for Russian grains keep sliding down. Large volumes of unsold grain and the imminent end of the season continue to put pressure on the export and domestic markets.

            In Brazil, farmers’ sales are still lagging behind last year pace. However, buyers are also showing little interest in corn.

            Contrary to the global upward trend, prices for Australian grains have fallen this week.

            This week, pressure on US soybean prices was put by high planting pace along with low Chinese demand. Nevertheless, private exporters have reported sales of 132,000 t of soybeans to unknown buyers.