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.
Вантажi: Grain
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.
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.
Fram Shipping to handle grain at Reni port
Fram Shipping is going to start business on the territory of the Reni seaport. The company focuses on handling export dry bulk cargo.