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
Russia’s wheat exports declined 14% in 18/19, further decrease is expected in 2019/20
In the 2018/19 (July-June) season Russia exported 35.3 MMT of wheat which is 14% lower than a year ago. In …
USA lost Chinese corn market even before the trade war thanks to Ukraine, fast-growing Black Sea exporter
USA lost Chinese corn market years ago to Ukraine, which exports rose six times in last 10 years. This year the country is expected to harvest another bumper corn crop.
Russian wheat traders face a tough start to the season
Russia’s traders face a tough start of the new export season. Farmers remain slow sellers, the ruble is strong and new crop outlook is deteriorating. July wheat exports are projected at 3.1 MMT, -18% YoY.
Russian wheat crop slashed to 73.7 MMT
SovEcon cut Russian wheat crop estimate from 76.6 MMT to 73.7 MMT after assessing the situation in Center and Volga Valley. The dry weather which we observed in May-June had a significant negative effect on crops in almost all key winter wheat regions.
Russian wheat crop estimate is sharply down on abnormally dry weather in June
Since the second half of May we have been anxiously watching the worsening weather conditions for the formation of new …
Bumper Black Sea wheat crop ahead as local farmers describe the weather as “almost ideal”?
Wheat planted in Russia at a record pace and the weather is good. Will country harvest another bumper crop in 2019?