Approximately 190 wagons were transferred daily through the the Vadul-Siret – Dornesti (Romania) land border crossing as of December 5 (down 11 wagons in two weeks). By destinations, some 136 wagons with export cargo (down 2 units) and 63 wagons with imported goods (down 9 units) were handled daily in the period under review.
In the period started August 8, when the Navy of the Ukrainian Armed Forces established a temporary corridor for vessels heading to/from Ukrainian Black Sea ports, and until today a total of 200 vessels went along the corridor departing from the ports while 226 ships used it to enter the ports.
About 7,200 wagons with grain were found waiting for unloading at Ukrainian sea ports on November 30. Taking into account that approximately 928 wagons per day are accepted at the stations, it might take up to 8 days to serve all the wagons currently standing in the railway network waiting for unloading at grain…… Read more »
A total of 2.43 million tonnes of grain were exported from Ukraine by railways during the period started November 1 and ended November 29 compared with 1.73 million t in October. Almost 1.71 million t of grain meant for oversea shipments arrived at Ukraine’s ports in the period under review (against 982,600 t in…… Read more »
About 9,800 wagons with various goods were waiting for a transfer through Ukraine’s western land border crossing points on November 30 compared with 11,600 wagons in late October.
In the U.S., soybean prices continue decreasing amid expectations of favorable rainfall in Brazil. According to USDA, private exporters have reported selling 134,000 t of soybeans to China and 123,300 t of soybeans to unknown buyers for shipments during MY 2023-24.
Heavy rains in southeastern Australia have damaged wheat crops. IKON Commodities estimates that excessive rainfall has potentially reduced production by more than 100,000 t and turned up to 1 million t of milling wheat into lower quality feed grain.
The pace of corn planting has grown in Brazil amid increased global demand. Anec estimates November corn exports at 7.35 million t (previous estimate was 7.96 million t). Farmers in central and southern Brazil planted corn of the first 2023-24 harvest on 83% of the planned fields (88% last year).
Last week’s decline in U.S. wheat prices caused an increase in demand, which, in turn, has supported export quotes this week. At the same time, favorable weather conditions for winter wheat (planting of which is already completed), have been restraining the price growth.
In Kazakhstan, export trade has been slow, with limited export volumes of wheat. Only 1.5 million t of the grain crop (35%) was rated as Grade 3. Although the harvest is sufficient to meet the needs of the domestic market and ship some volumes for exports (including in the form of flour), farmers and…… Read more »