Tag

Wheat

Russian wheat exports in June could triple YoY – SovEcon

Russia continues to actively export wheat amid record-high stocks.

Russian wheat exports may top last year’s record

The projection was revised due to higher crop estimates, a low likelihood of new wheat intervention purchases, and the launch of a new port terminal.

Russian on-farm wheat stocks are double the average

Increase in stocks can be attributed to the record-high wheat crop and relatively sluggish exports at the beginning of the export season.

Russian 2023 wheat crop estimate upped to 88 MMT

The estimate was revised up amid favorable weather conditions in the South.

Weekly Russian wheat exports decline to February low

The exports declined amid the sluggish demand at the end of the export season.

Russian wheat is being seeded at a record-high pace

Wheat is seeded at a rapid pace amid favorable weather conditions and warm temperatures at the beginning of the sowing campaign.

Russian wheat stocks are 79% higher than average – SovEcon

The stocks have significantly surpassed the average due to the record-high wheat crop and relatively sluggish exports.

Russia’s outstanding wheat sales hit multi-month low

The sales are declining amid the lower competitiveness of the Russian wheat.

Russian wheat crop forecast for 2023 upped by 1.5 MMT – SovEcon

The estimate was revised due to favorable weather conditions in the key farming regions.

Russian wheat exports in April to approach record-high – SovEcon

Exports are boosted by the falling wheat prices in the domestic market and stabilizing export prices.