Grain market. Ukraine // Week 29
Prices for Ukrainian wheat and barley have increased after Russia’s withdrawal from the Grain Initiative. Shipments from Black Sea ports stopped.
Soybean market // Week 29
Prices for U.S. soybeans have grown due to dry weather in the Midwest, although crop state has improved at the start of the week.
Romania: New version of TransMontana locomotive from Softronic
The manufacturer Softronic (Romania) is starting to test the first TransMontana locomotive version 3.2, which is equipped with the European Train Control System (ETCS) of the Thales Group.
Railpool ordered 50 Traxx Universal freight locomotives from Alstom
Rolling stock manufacturer Alstom and Railpool, a rail leasing company, have signed a contract for the supply of 50 Traxx Universal multipurpose locomotives. The deal is valued at €260 million.
Grain market. Australia // Week 29
Increased demand for Australian grains due to the suspension of Ukrainian Grain Initiative led to an increase in relevant export prices.
Grain market. South America // Week 29
Prices for Brazilian corn have grown following the global trend. Corn sales by farmers have been inactive due to low prices.
Grain market. USA // Week 29
World wheat prices have surged after Russia’s withdrawal from the Grain Initiative, as well as amid Russian attacks on Ukrainian ports.
Grain market. Kazakhstan // Week 29
Amid the drought, Kazakh farmers have started to restrain grain sales, reducing the already slow trade in the region.
Grain market. Russia // Week 29
Mixed price trends have been seen on the Russian grain export market. Quotes suffer pressure from grain quality issues, which is so far worse than in previous seasons.
Grain market. EU countries // Week 29
Grain traders from EU countries have noticeably raised offer prices, following the futures levels, as shipments from Ukrainian Black Sea ports have stopped and there is no hope for their recovery.