Grains - Grain Products

Cereals daily: consternation over Russia's export tariffs

December 18, 2020 10:09 AM, Der AUDITOR
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CHICAGO/PARIS. Buyers feel that Russia's export tariffs on wheat are a slap in the face. Weather conditions, meanwhile, spell distaster for corn production in South America.

15% decline in wheat production in Argentina

Spot market prices are up in Europe. The drivers are Russia's decisions to slap an export tariff of 15% and an export quota on the market as of 15 February as well as downward revisions in production estimates in Argentina. Production is expected to decline by more than 15% to 16.5m mt in Argentina over last year. Exporters in Russia are reportedly having difficulties obtaining licences. Traders reckon that they have good chances of obtaining cheaper imports of high-quality wheat in Australia. At 29m mt, production has ne

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Nov 23, 2021
BEIJING/MOSCOW. Russia, Ukraine and Kazakhstan were able to increase their buckwheat production this year. Germany's imports, however, declined noticeably in the first month of this season. In China, prices remained stable.
Nov 22, 2021
BEIJING/KIEV. According to the latest data from the US Department of Agriculture, global millet production has been lower than expected. In China, market players have been able to agree on a price level.
Nov 4, 2021
BEIJING/MOSCOW. According to official estimates, Russia and Ukraine can both expect an increase in production. Ukrainian farmers are even said to have achieved the best crop in recent years. In China, meanwhile, buckwheat prices continue to rise.
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