Ad hoc commentary

SovEcon raised forecast for 2024 Russian wheat crop

The estimate was upped amid favorable weather conditions for winter wheat development.

SovEcon: Russian and global grain market news – January 24, 2024

Daily news and market insights from a leading firm focused on the Black Sea agricultural markets research

SovEcon: Russian and global grain market news – January 23, 2024

Daily news and market insights from a leading firm focused on the Black Sea agricultural markets research

SovEcon: Russian and global grain market news – January 22, 2024

Daily news and market insights from a leading firm focused on the Black Sea agricultural markets research

SovEcon: Russian wheat exports to lag behind last year for third month

Exports are lagging behind the previous year’s figures amid declining competitiveness of Russian grain

SovEcon: December Russian wheat exports to drop YoY

The forecast was lowered due to weak current shipments.

Russian 2024 wheat crop upped on better weather – SovEcon

The new crop estimate is close to this year’s figures.

Russian wheat prices have strengthened – SovEcon

A surge in wheat prices is supported by increased demand in both the external and domestic markets.

Russian wheat exports in November are to drop to season low – SovEcon

Wheat sales slowed due to stormy weather in the Black Sea.

Russian wheat crop to drop in 2024 – SovEcon

The yield in 2024 is expected to move lower on expected average 2024 crop conditions and decline in agriculture inputs application.