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Cereals daily: emerging crises on the Black Sea

November 24, 2020 at 10:23 AM, Der AUDITOR
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CHICAGO/PARIS. While there is doubt about Russia's export quotas, Ukrainian producers are threatened with a wave of lawsuits for non-fulfilment of contracts.

Wheat: Russian mills insist on state aid
The previous upward trend in Chicago and Paris resulted from greater drought for corn in Brazil and wheat in Argentina. Also too dry seed stands for US winter wheat in Texas, Colorado and parts of Kansas are driving up prices. Russia has a record acreage of 19.2 million hectares of winter cereals, however, with poor sowings before winter. According to Sovecon, Russian livestock companies have asked Moscow to reduce the planned export quota of 15 million mt of wheat between February and June. Rumour has i

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