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According to Eduard Zernin, head of RUSGRAIN UNION, Russia may boost supplies to Algeria to up to 1 million tonnes of wheat in the 2021/22 marketing season. Russia, has just sent 28,000 tonnes of wheat to Algeria – the first such shipment in more than four years – earlier this week. Some traders see Russian […]

According to the head of the analytical centre at rail operator Rusagrotrans, Russia is expected to supply 28,000 tonnes of wheat to Algeria. Its the first such shipment since December 2016. Algeria is usually France’s top wheat export market. In October, Algeria relaxed some of its specifications, making it possible for traders to offer Russian

Russian export prices for the summer’s new wheat crop fell last week under pressure from approaching good crop in the Black Sea area. According to IKAR, prices for new-crop Russian wheat with 12.5% protein loading from Black Sea ports and for supply in July were $248 a tonne free on board (FOB) at the end

After facing steep cuts past Thursday, bargain buyers returned to the grain markets on Friday, sparking a round of technical buying that lifted prices significantly by the close. Consequentially, corn and soybean futures each rose about 5% higher, with winter wheat contracts up nearly 1.5% and spring wheat contracts gaining more than 1%. Yield friendly

German pig prices fell sharply this week as a slump in Chinese prices undermined international markets, industry sources said on Friday. German pig prices fell to 1.48 euros ($1.76) a kg slaughter weight from 1.57 euros last week, the association of German animal farmers VEZG said. China’s pork and hog prices have fallen over 50%

Ukraine, a global major agricultural exporter, has started the 2021 grain harvest, sending the first cars with grain to Black Sea ports for future #export, the Ukrainian Nika-Tera sea port said on Friday. The port, located in Mykolayiv, said it had received the first cars loaded with barley from the 2021 harvest from Louis Dreyfus

Algeria has rejected a shipment of 27,000 tonnes of French millingwheat as unfit for consumption after two dead animals were found in the cargo, state news agency APS reported last Wednesday, citing the country’s agriculture minister. Algerian authorities are seeking compensation for the shipment, which is to be sent back to France, Abdelhamid Hamdani was