October 14, 2024
SovEcon has worsened the outlook for the Russian wheat and barley harvest
Source: APKinform (Ukraine) SovEcon has lowered its forecast for the grain harvest in Russia in 2024 to 122.9 million tons, down from 124.4 million tons in its September estimate, Interfax…
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October 14, 2024
Egypt has set a maximum price for imported wheat
Source: Ukragroconsult (Ukraine) Egypt has set the maximum price for future wheat purchases at $240 per metric ton, an unnamed government official told Asharq Business. The representative added that Egypt…
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October 14, 2024
Wheat on Euronext rises according to Russian forecasts
Source: Ukragroconsult (Ukraine) European wheat futures rose on Thursday as traders discussed possible Russian export restrictions, although prices fell after Moscow lowered its crop estimate relatively slightly due to unfavorable…
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October 11, 2024
The promotion of higher production has led to a surplus of wheat in Iraq
Source: APKinform (Ukraine) A high wheat harvest in Iraq has led to a surplus of 1.5 million tons over domestic demand, according to Reuters calculations, leaving the country’s government with…
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October 11, 2024
Algeria bought 360,000 tons of Russian wheat in the tender and did not allow French grain to be auctioned
Source: Ukragroconsult (Ukraine) According to traders, the Algerian grain agency OAIS bought between 360,000 and 390,000 tons of soft wheat in an international tender. As with the Saudi Arabian tender,…
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September 27, 2024
Egypt will produce more wheat in the 2024/25 marketing year
Source: Ukragroconsult (Ukraine) According to a report by the USDA Foreign Agricultural Service (FAS), Egypt is expected to produce more wheat in 2024/25 as the government encourages a larger area…
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September 27, 2024
Wheat production in Serbia will fall by 16 percent through 2024
Source: Ukragroconsult (Ukraine) Serbian wheat production will fall by 16% to 2.9 million tons in 2024, the country’s statistics office said, citing preliminary data from September 5. The harvested area…
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September 27, 2024
Tariffs for Russian wheat exports are increased to 1,246 Russian roubles per metric ton
Source: Oleoscope (Russia) The duty on wheat exports from Russia for the period from October 2 to 8 will rise to 1,246 rubles per ton, corn – to 2,786.2 rubles…
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September 26, 2024
Wheat futures on Euronext rose slightly on Wednesday
Source: Ukragroconsult (Ukraine) Wheat futures on Euronext rose slightly on Wednesday as dry weather hampering sowing in Russia and Ukraine added to concerns about next year’s crop, although robust exports…
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September 23, 2024
Russia was one of the three most important wheat suppliers for China in August
Source: APKinform (Ukraine) China imported 17.9 million dollars worth of Russian wheat in August 2024, moving Russia from fifth to third place in the country’s top wheat supplier ranking after…
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September 23, 2024
Brazil increases the quota for duty-free wheat imports by 250 thousand tons
Source: Ukragroconsult (Ukraine) Brazil has increased its quota for duty-free wheat imports by 250,000 tons until the end of 2024, in addition to the annual quota of 750,000 tons exempt…
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September 23, 2024
Russian wheat exports could reach 5.5 million tons in September
Source: Zerno.ru (Russia) “The forecast for wheat exports in September 2024 has been increased to 5.5 million tons, taking into account deliveries to the EAEU countries, which corresponds to the…
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September 20, 2024
IGC analysts lowered their forecast for global wheat and maize production in the 2024/25 marketing year
Source: APKinform (Ukraine) In their September report, IGC analysts lowered their forecast for global wheat production in the 2024/25 marketing year by 1 million tons to 798 million tons (795…
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September 20, 2024
Export duty on Russian wheat to be increased again
Source: Oleoscope (Russia) The Russian Ministry of Agriculture has set new customs duties for the period from September 25 to October 1. The export duty on wheat will be increased…
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September 19, 2024
Wheat price on the Euronext exchange falls due to cheaper competition
Source: Ukragroconsult (Ukraine) Wheat prices on Euronext fell for a third consecutive day on Wednesday as traders saw a recent rise in futures widening the price gap against cheaper Black…
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September 18, 2024
Wheat prices in the EU continue to fall
Source: Ukragroconsult (Ukraine) Wheat prices on Euronext fell for the second day in a row on Tuesday, according to traders. Wheat futures for December delivery on Euronext Paris fell 0.6%…
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