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Daily International Grain Market View

US farm markets suffered significant cuts yesterday. Surging coronavirus concerns, which brought to fresh lockdowns in Shanghai, trigghered a broad commodity selloff.  Ongoing negotiations between Russia and Ukraine created an additional bearish pressure.  Thus corn prices dropped more then 0.7%. Soybean prices slumped nearly 2.7% lower. Chicago wheat contracts were slashed more than 4%. Kansas wheat […]

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Daily International Grain Market View

US farm markets suffered significant cuts yesterday. Surging coronavirus concerns, which brought to fresh lockdowns in Shanghai, trigghered a broad commodity selloff.  Ongoing negotiations between Russia and Ukraine created an additional bearish pressure.  Thus corn prices dropped more then 0.7%. Soybean prices slumped nearly 2.7% lower. Chicago wheat contracts were slashed more than 4%. Kansas wheat

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Daily Market Wire – March 29, 2022

ASX wheat July 2022 was down $12.5/t to $397.5/t;ASX wheat Jan 2023 was down $7/t to $398/t;Chicago wheat May contract was down US45.2 cents/bushel to 1057c/bu;Kansas wheat May contract down 40.2c/bu to 1070.4c/bu;Minneapolis wheat May contract was down 24.6c/bu to 1079.4c/bu;MATIF wheat May contract down €11.5/t at €369.75/t;BlackSea wheat April contract was down $3.5/t to $416.5/t;MATIF corn June contract was down €7.5/t to €331.25/t;Chicago corn May

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Daily Market Wire – March 29, 2022

ASX wheat July 2022 was down $12.5/t to $397.5/t;ASX wheat Jan 2023 was down $7/t to $398/t;Chicago wheat May contract was down US45.2 cents/bushel to 1057c/bu;Kansas wheat May contract down 40.2c/bu to 1070.4c/bu;Minneapolis wheat May contract was down 24.6c/bu to 1079.4c/bu;MATIF wheat May contract down €11.5/t at €369.75/t;BlackSea wheat April contract was down $3.5/t to $416.5/t;MATIF corn June contract was down €7.5/t to €331.25/t;Chicago corn May

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MOSCOW – March 28, 2022

According to IKAR and SovEcon, Russian wheat export prices for wheat with 12.5% protein content, from the BlackSea ports were being assessed at around $390 per tonne free on board (FOB), last week. Domestic 3rd class wheat, European part of Russia, excludes delivery, was valued at 17,850 ($182.19) +1,700 rbls roubles/t (Sovecon);Price for sunflower seeds was at 48,900 rbls/t +9,775 rbls (Sovecon);Domestic sunfloweroil was valued at 133,350 rbls/t +35,000 rbls (Sovecon);Soybeans was at

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MOSCOW – March 28, 2022

According to IKAR and SovEcon, Russian wheat export prices for wheat with 12.5% protein content, from the BlackSea ports were being assessed at around $390 per tonne free on board (FOB), last week. Domestic 3rd class wheat, European part of Russia, excludes delivery, was valued at 17,850 ($182.19) +1,700 rbls roubles/t (Sovecon);Price for sunflower seeds was at 48,900 rbls/t +9,775 rbls (Sovecon);Domestic sunfloweroil was valued at 133,350 rbls/t +35,000 rbls (Sovecon);Soybeans was at

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BEIJING – March 28, 2022

Chinese pork processing giant WH Group Ltd, said this morning that 2021 profits were up 7.2% to $ 1.043 billion thanks to higher sales in the US and Europe.China’s hog prices plummeted in 2021 after farmers rebuilt their herd due to the African swine fever outbreak, occurred in 2018.Lower Chinese pork prices have resulted in increased sales in both the

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BEIJING – March 28, 2022

Chinese pork processing giant WH Group Ltd, said this morning that 2021 profits were up 7.2% to $ 1.043 billion thanks to higher sales in the US and Europe.China’s hog prices plummeted in 2021 after farmers rebuilt their herd due to the African swine fever outbreak, occurred in 2018.Lower Chinese pork prices have resulted in increased sales in both the

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