Andrey Sizov
18.11.2024
On Friday, grain prices rose. The December SRW wheat contract closed at $5.36/bu ($197/mt), up 1.2% from Thursday. The December HRW wheat contract in Kansas increased to $5.40/bu ($198/mt), up 1.3%. The December Euronext wheat contract closed at €216.25/mt ($228/mt), up 2.6%. The December U.S. corn contract rose to $4.24/bu ($167/mt), up 1.2%.
In the night from Saturday to Sunday, Ukraine experienced a mass combined attack involving missiles and drones across all regions. In the Odesa region, energy infrastructure was damaged, leading to power outages.
From November 1 to 15, Ukraine exported 1.9 million mt of grain, compared to 1.7 million mt during the same period last year, according to data from the Ministry of Agrarian Policy. Since the start of the season, total grain exports reached 16.3 million mt, up from 11.0 million mt a year earlier.
SovEcon is hosting a webinar on Black Sea grain market in 2024/25. Join us next Thursday, November 21; 10:30AM US Eastern / 4:30PM Central European / 6:30PM Moscow. Check out our website to find out more
