Tag

Corn

Weekly round-up of Black Sea grain market – June 27

Russia could ease export tax; Ukraine and Russia starting yields

Ukrainian 2022 grain crop to decline substantially

New Ukrainian wheat crop could decline by 19%, corn – by 34%, says SovEcon

Ukraine to harvest a record-high corn crop in 2021, wheat production is expected to decline next year

We have revised Ukraine’s crop numbers for 2021 (bearish corn) and have issued the first 2022 wheat crop forecast (bullish!).

Russian wheat is slightly higher on firm domestic market

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.

Russian wheat hits a new high on China’s imports and poor outlook for corn crop in the Black Sea

Wheat climbes higher supported by corn which is driven by Chinese imports and poor Black Sea crop

August WASDE report Black Sea commentary

USDA has just released the new WASDE report, here’s our quick commentary

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

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.