marketing

Russian Agriculture Ministry has amended export duties for wheat, barley and corn for the period Dec. 22-28, 2021.As for wheat the export duty continue to increase from 91 USD/t the prior week, to 94 USD/t for the referred period.The indicative price moved up from 330.1 USD/t to 334.3 USD/t.As for corn, the export duty lifted from 54.40 USD/t at 55 USD/t.The […]

US farm markets, after having encountered some difficulties in recent sessions, thanks to a new series of bullish export data, particularly for corn and wheat, yesterday finally saw prices pull higher. Some reports on potential production challenges in South America and on the possibility of wind-damaged winter wheat fields in the U.S. Plains, given an

According to Argus Media group, farmers are the first to suffer the effects of historical price levels of fertilizers, this in all the major grain production areas. For French wheat, the Group estimates production costs would be up 21% over the 2022/23 campaign compared to 2021/22. This is due to the costs of nitrogen fertilization, which would drop from $ 23 / t (€ 20.3

According to the US Department of Agriculture, US weekly   wheat export sales, for the period Dec. 3-9 were at 650,600 metric tons (MT) .That was a marketing-year high– up noticeably from the previous week and from the prior 4-week average. Increases primarily for Mexico (170,000MT, including decreases of 1,000MT), Japan (162,500MT), Peru (105,000MT), SouthKorea (75,000MT), and the Philippines (72,100MT), were offset by reductions for unknown destinations (22,100MT). Exports of 274,400 MT were