How are exports from Russia moving?
Moscow announced that this season's grain deliveries exceeded last year's by 9%, including wheat deliveries, which registered a growth of 2.4%. According to Elena Tyurina, director of the analytical department...
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New production data sets trade
Black Sea market analysts at SovEcon raised their forecast for the 2024-25 Russian wheat crop by 0.9 million tonnes to 92.2 million tonnes, reflecting favorable weather conditions for winter wheat...
China preparing for new records?
According to global analysts, attacks on shipping in the Red Sea region have led to a sharp increase in the number of grain cargoes being diverted around the Cape of...
Ukraine increased exports by sea?
Ukraine has been able to increase its Black Sea grain exports to a level not seen since before the war, although the shipping crisis in the Red Sea poses a...
World trade has moved
Japan's Ministry of Agriculture, Forestry and Fisheries (MAFF) has announced that it wants to buy a total of 88,710 tonnes of bread wheat from the United States and Canada in...
What determines the price of European wheat?
A slower pace of EU wheat exports contributed to lower wheat prices in Europe and the UK in the first half of the 2023/24 marketing season, according to global analysts....
The US crisis hit agriculture hard
The Federal Reserve's fight against inflation and a rising U.S. dollar have taken a toll on agriculture, manufacturing and the food industry, according to CoBank's latest report. High manufacturing costs...
Is there a grain corridor in the Red Sea?
An attack on a bulk carrier this week in the Red Sea region will lead to more diversions of grain cargoes around the Cape of Good Hope, although most are...
Russia increased oil exports to Asia
Russia increased crude oil exports in late December and early January, and all of its Asia-bound cargo from its western ports continues to go through the Suez Canal-Red Sea route,...
World wheat stocks are increasing
In its latest report, the USDA increased global wheat ending stocks for the 2023-24 marketing year by another 1.8 million tonnes to 260 million tonnes. On the supply side, opening...
New transport lines around the world
Uzbekistan in 2023, the press service of Kazakhstan Temir Joly (KTZ) or Kazakhstan Railways reported. "In 2023, cargo exports to China, Uzbekistan, Russia increased compared to 2022. Deliveries to Russia...
Yakutia - the new star in Russia's grain production
Container traffic across the Russian Railways network increased by 14.1% in 2023 compared to 2022 to 7.438 million TEUs (twenty-foot equivalent units), the Russian rail monopoly said. "In January-December 2023,...
Traders return to the market
Leading South Korean animal feed manufacturer Nonghyup Feed Inc. (NOFI) bought nearly 135,000 tonnes of corn in two deliveries in an international auction from Tuesday, European traders said. The one...
How did the markets start?
Euronext wheat rose on Friday, but fell sharply for the year after strong export competition from the Black Sea region belied concerns that the war would disrupt trade in the...
It's not all grain, but it's all politics
In recent days, all news channels have been commenting on the world food crisis. A crisis that turns out to be a very profitable business for certain countries. The now...
Russia raises export tariffs
The duty on wheat exports to Russia will be increased to 4,165.9 rubles ($46.51) per tonne from January 11, 2024, up from the current rate of 3,859.7 rubles ($43.09) per...