Grain market. USA // Week 13
Statements by world grain traders Cargill and Viterra about withdrawal from the Russian market supported prices for US HRW and SRW wheat. Quotes for US corn remain supported by high demand.
Grain market. Australia // Week 13
Competition from the Black Sea region is driving down prices for Australian grains, especially for feed crops.
Grain market. Kazakhstan // Week 13
The Kazakh market remains unchanged: trade is slow and export quotes are stable. If prices for agri products remain low for a long period, it could lead to bankruptcy of some farmers in the country. Production costs have risen by around 20% this season, while wheat prices have fallen by 25%.
Grain market. EU countries // Week 13
Prices for EU grains have been mainly growing this week (except for wheat in Constanta and barley in German ports) despite the sharp decline in shipments.
Grain market. Russia // Week 13
Grain export quotes have been mainly declining in Russian ports. At the same time, one of the main buyers of Russian wheat, the Turkish TMO, has bought about 535,000 t of wheat (out of the planned 695,000 t) within the international tender.
Soybean market // Week 13
The US soybean market is supported by the upturn in the soybean oil segment. Players expect a large planting area under soybeans in the US this year and, consequently, a record crop.
Sunflower oil market. Ukraine // Week 13
Trade remains dull on the Ukrainian sunflower oil market, still putting pressure on prices. Buyers expect this trend to continue and do not hurry to sign deals.
Grain market. Ukraine // Week 13
Export quotes for Ukrainian grains have been actively decreasing in late March. Prices suffer pressure from large number of domestic offers (amid the start of planting), as well as from moderate importers’ demand.
Poland: Up to 39.3 mmt cargo carried by rail in Jan-Feb 2023
A total of 18.96 million tonnes of various goods were transported by rail in Poland in February, down 7% month-on-month and down 4% year-on-year.
APM Terminals expands Maasvlakte II terminal in Rotterdam
Container terminal operator APM Terminals (part of the A.P. Moller – Maersk Group) plans to expand its Maasvlakte 2 terminal in the port of Rotterdam (Netherlands).