Russia’s wheat prices reverse, will Black Sea dryness help wheat bulls?
Last week, Russian wheat prices started to ease but dryness in the Black Sea should remain on the markets’ radar
August WASDE report Black Sea commentary
USDA has just released the new WASDE report, here’s our quick commentary
Russia planted record-high 29.4 mln ha of wheat
SovEcon has analyzed eagerly anticipated official data on the pre-harvest wheat area in Russia released by Russia’s statistical agency Rosstat on July 24.
Will USDA up its Russia’s wheat crop forecast?
USDA cut its Russian wheat crop estimate by 0.5 mmt to 76.5 mmt in the July WASDE report. We expect it to up its fugure later, let us explain why.
Starting wheat yields in Russia are -45% YoY
Russia started to harvest the new winter wheat crop. Starting yields are low. As of June 29, the average yield is only 2.4 mt/ha (4.4 mt/ha a year ago).
Andrey Sizov speaks about Russian grain quota and food nationalism
Food export restrictions are being lifted all over the world but Russia keeps its grain quota and the AgMin wants to use it again in the future. Andrey Sizov from SovEcon talks about food nationalism and Russian grain quota perspectives in our video.
Andrey Sizov speaks about COVID-19 news and wheat market
Andrey Sizov from SovEcon speaks about COVID-19 news and the world wheat market. When the COVID-19 panic is over what could support the market? The answer is the weather.
Russian wheat export forecast cut on weak pace and low crop
The export forecast has been lowered again. The reason is the current weak pace and low crop figures for 2019, released by Rosstat in December.
Russia targets the Chinese soybeans market. Should American soybean farmers worry?
In October Russian President Vladimir Putin said that China is ready to buy as many soybeans as Russia can produce. …
Ukraine’s bumper corn crop to pressure U.S. exports business
Ukraine is expected to harvest a record-high corn crop this year which threatens the US exports to Asia