Russian export prices were slightly higher this week, supported by the domestic market. 12.5% wheat prices in deep-sea ports rose $1 to $254/mt, in shallow ports were up $2 to $235/mt.
Wheat climbes higher supported by corn which is driven by Chinese imports and poor Black Sea crop
In October Russian President Vladimir Putin said that China is ready to buy as many soybeans as Russia can produce. …
Ukraine is expected to harvest a record-high corn crop this year which threatens the US exports to Asia
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.