Grains - Grain Products

Cereals daily: situation remains highly tense

October 21, 2020 10:35 AM, Der AUDITOR
Play report as audio

CHICAGO/PARIS. Market and price trends with first estimates.

Wheat: demand declines
In Russia, 88% of the planned winter cereal sowings were completed. At 16.9 million ha, Russia is expected to increase cultivation by 900,000 ha. In many places, the rainfall over the weekend was not sufficient to ensure good pre-winter development. Sovecon increased the almost completely harvested wheat crop in Russia by 1.1 million mt to 84.4 million mt. Russian wheat prices increased to 251 USD/mt FOB Black Sea Region. This makes flour and animal feed more expensive in Russia, which increases the concern and the call for price

View related articles

Go to the News Overview
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.
Oct 19, 2021
BEIJING/KIEV. The US Department of Agriculture has reduced its estimate for global millet production in the 2021/2022 season by 4%. China's crop is now available in the market and in Ukraine the harvest process is almost complete.