Russian wheat flat, grain processors lobby for export tax
Russian export market remains relatively flat. 12.5% wheat prices in deep-sea ports declined by $1 to $253/mt. The market continues to watch the weather in the Black Sea and follow closely a discussion about potential export restrictions.
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 down $2 week on week, weather improves
Russian 12.5% wheat prices in deep-sea port were marginally down week on week, by $2 to $253/mt, as per SovEcon
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
The Black Sea 20/21 round-up: Good wheat crop and exports despite a disappointing start
The start of the 2020 wheat harvest campaign around the Black Sea was a disaster. Both Russia and Ukraine were reporting yields around 30% lower than a year ago after a prolonged dryness period in spring which damaged crops in the region substantially.
Russia’s wheat prices reverse, will Black Sea dryness help wheat bulls?
Last week, Russian wheat prices started to ease but dryness in the Black Sea should remain on the markets’ radar
Russia’s wheat prices continue to rise; September exports could set a new record
Last week, 12.5% Russia’s wheat prices in deep-sea ports rose sharply, by $8, to $222/mt. The market was supported by strong demand from importers. Russian wheat starts to lose its competitive edge after the recent rally.
Russian wheat prices below $200 again, big crop is getting bigger?
Last week, Russia’s 12.5% wheat prices in deep-sea ports fell $1 to $199/mt. The market remains under harvest pressure in Russia, weaker ruble also helps.
August WASDE report Black Sea commentary
USDA has just released the new WASDE report, here’s our quick commentary
Russia planted record-high 29.4 mln ha of wheat
SovEcon has analyzed eagerly anticipated official data on the pre-harvest wheat area in Russia released by Russia’s statistical agency Rosstat on July 24.