Slower Russian wheat exports to benefit the US
MOSCOW, Russia — In 2017/18, Russia exported a record-high 1.5 billion bushels (41 MMT) of wheat and became the largest …
Russian wheat FOB prices are down following global benchmarks
12.5% wheat prices continue to creep lower, last week they were down $1 again to $193 (FOB deep sea) on …
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 …
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 …
Russian FOB wheat prices are on the rise
New crop Russian wheat prices are rising following global benchmarks. As of June 5, 12.5% wheat with July delivery is traded around $197/mt (FOB deep sea ports) which is around 9% higher than a month ago.
Russian wheat crop forecast downgraded on weather
While the market closely watches rains in US, lack of them becoming an issue for the Black Sea. SovEcon downgrades Russian wheat crop.
Russian wheat exports in April 2019 and outlook for 2019/20
2018/19 Russian wheat export campaign is almost over, exports are estimated at 34.9 mln t 2019/20 Exports are estimated at …
2019 wheat production in Russia: outlook remains optimistic on ample rains and fast planting
The weather remains favorable for the new Russian wheat crop. In recent weeks almost all key regions received 100-150% of normal rains boosting the moisture reserves during the important period of the season.
Russian FOB wheat prices were declining in April
Russian FOB wheat prices were declining in April. As of the end of the month, 12.5% wheat with the nearest delivery is traded around $218-219/mt. This is 3.5% lower than at the beginning of the month.