Grain market. Russia // Week 50
The Russian grain export market continues to show mixed price dynamics. The market picture remains ambiguous, which has a corresponding impact on pricing.
The Russian grain export market continues to show mixed price dynamics. The market picture remains ambiguous, which has a corresponding impact on pricing.
In Australia, wheat prices have inched down, while barley export quotes stay at last week’s levels.
Brazilian corn prices have shown an upturn amid strong demand. Planting of first crop corn is coming to an end, with up to 96% complete.
Quotes for US-origin wheat have been growing after a sharp fall last week. However, the price upturn has been restrained by shipments of Black Sea and Australian grain to world markets,
The total number of wagons waiting for unloading amounted to 20,600 units as of Dec 14 (down 1,463 wagons compared with early Dec).
Rail Cargo Group, part of the Austrian Federal Railways (ÖBB), transported a total of 1 million tonnes of Ukrainian-origin grain during the period started March 1 and ended November 30, 2022.
The Freeport of Riga processed almost 2.2 million tonnes of cargo in November, that is 412,000 t above the volume recorded in October.
The cargo turnover decreased by 49,000 t to 641,000 t in Liepaja SEZ in November compared with October.