Grain market. Australia // Week 25
Australian grain producers are reluctant to sell their stocks as the end of the fiscal year approaches. The market is fairly stable, with few deals.
Grain market. South America // Week 25
Brazilian corn producers still do not hurry to sell, assessing production prospects in the country and in the US, as well as trying to sell their grain at higher prices.
Grain market. USA // Week 25
Drought in key farming areas of the US Midwest had a negative impact on corn and soybean crops, raising concerns about production prospects and pushing prices up.
Grain market. Kazakhstan // Week 25
In Kazakhstan, grain prices have declined amid weak importers’ demand and competition with Russian traders. At the same time, buyers continue to insist on additional discounts.
Lithuania imposes temporary ban on transportation of dual-use goods
The Lithuanian government has temporarily banned the transit and export of 57 groups of dual-use goods through Russia and Belarus to third countries.
Ventspils Freeport cargo turnover in May
The stevedoring companies operating at the Freeport of Ventspils reported a 19,000 t decrease in cargo turnover to 872,000 t in May compared with April.
Austrian steel company Voestalpine plans to increase rail deliveries of its products
In order to increase the volume of rail transportation of steel and scrap, Austrian steel company Voestalpine Stahl GmbH has extended its cooperation with its subsidiary Logistik Service GmbH (LogServ) and railway operator DB Cargo for another two years.
Container Terminal Mostyska offers oil transshipment and container transportation
Ahead of the new grain season, Container Terminal Mostyska offers container transportation.
Grain market. Russia // Week 25
Quotes for Russian grains have grown this week. Prices got some support from successful tender in Algeria. During the tender, local buyers have contracted about 400,000 t of wheat, mainly of Russian origin, at $261.5-264.5/t C&F for shipment in August.
Grain market. EU countries // Week 25
Prices for EU grains have surged amid concerns about the new harvest, although export trade is moderate.