Grain market. Australia // Week 44
Winter harvesting continues in Australia. Chinese demand for wheat is growing. Reportedly, China purchased about 2 million t of new crop Australian wheat in October (shipments will start in December).
Вантажi: Grain
Grain market. Russia // Week 44
Prices for Russian wheat are virtually unchanged, while export quotes for barley have inched up. For the first time in the current season, SovEcon analysts have cut their forecast of Russian wheat exports in MY 2023-24, reducing the estimate by 400,000 t to 48.8 million t.
Grain market. Kazakhstan // Week 44
Trade remains slow on the Kazakh grain market. The situation remains difficult as this season the quality of harvested grain is low due to the rainy fall. Only half of the harvested wheat (about 5 million t) is of milling quality, so the presence of Russian grain will only be growing both on the…… Read more »
Grain market. South America // Week 44
Brazilian producers show concerns about weather conditions and their impact on the future safrinha corn crop. According to Safras&Mercado, farmers planted 72.4% of planned areas with first crop corn by October 27 (70.1% last year and an average of 67%).
Grain market. USA // Week 44
Wheat prices were pressured by weak demand for US-origin grain, ample supplies from Russia, and favorable rainfall in Argentina and Australia.
Grain market. EU countries // Week 44
EU grain prices have been mostly growing this week, which is not attracting importers. The pace of trade is low, and exports are also dull.
Grain market. Ukraine // Week 44
Mixed price trend can be seen on the Ukrainian grain export market. Navigation safety issues along the existing route to the Black Sea ports are limiting export volumes, but trade remains quite brisk.
Goods awaiting transfer through Ukraine’s western land border crossing points
About 11,480 wagons with various goods were found waiting for a transfer through Ukraine’s western land border crossing points on November 1 compared with 11,600 wagons in late October.
Ukraine ended October with rail transportation of 1.7 mmt of export grain
According to the latest data, almost 1.66 million t of grain were exported by railway in Ukraine in October 2023 compared with 1.07 million t in September 2023. In particular, shipments through the ports reached 927,000 t, while deliveries to land border crossing points averaged some 729,000 t.
Handling of grain wagons at Ukraine’s sea ports
Approximately 5,700 wagons with grain were found waiting for unloading at Ukrainian sea ports on November 2.