Ukraine exported almost 549,000 tonnes of grain by rail in July 1-19
A total of 549,000 tonnes of grain were exported from Ukraine by railways during the period started July 1 and ended July 19, 2023.
Вантажi: Grain
Goods awaiting transfer through Ukraine’s western land border crossing points
There were about 7,090 wagons with various goods waiting to be transferred through Ukraine’s western land border crossing points as of July 20 compared with 7,080 wagons seen in late June.
Soybean market // Week 28
USDA experts have noticeably reduced the forecast of soybean production in the USA (-5.7 millionb tons to 117.03 million tons) due to smaller planting areas.
Grain market. Australia // Week 28
In Australia, barley prices have increased amid the ongoing tariff dispute with China.
Grain market. South America // Week 28
The Brazilian corn market remains stable. Producers are focusing on soybean sales and refrain from selling corn.
Ukraine planning to organize temporary route for grain exports from ports
The Ministry of Communities, Territories and Infrastructure Development of Ukraine has applied to the UN International Maritime Organization with a statement of intent to temporarily use the recommended sea route for grain exports after the shutdown of the Grain Initiative.
Grain market. USA // Week 28
Prices for U.S. wheat have decreased following higher production estimates in the country (+2 million tons to 47.3 million tons) and the ongoing harvesting campaign (winter wheat harvesting was 46% complete by July 9), which lags behind last year and a five-year average pace (62% and 59%, respectively).
Grain market. Kazakhstan // Week 28
Prices for Kazakh wheat are stable, trade is inactive. According to some exporters’ estimates, wheat and flour exports from Kazakhstan in the current season may reach 8.8-9 million t.
Grain market. Russia // Week 28
Players note that the retreat of leading foreign grain traders from Russia (since July 1) has not yet affected the pace of sales and exports.
Grain market. EU countries // Week 28
Prices for EU grains have been showing mixed dynamics. In its July forecast, Strategie Grains’ lowered the estimate of the EU 2023-24 wheat crop by 2.5 million t to 126.2 million t.