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
Grain Products
Sep 21, 2022
GAZIANTEP. Exporters have successfully campaigned for the suspension of the export quota for bulgur in Turkey. They are also quite satisfied with the export performance in August.
Sep 21, 2022
BEIJING. The buckwheat harvest is underway and it is becoming clear that the extreme drought has also left its mark here. Prices have nevertheless dropped slightly.
Sep 20, 2022
BEIJING. Despite the arrival of the new crop, demand for millet in the Chinese market remains moderate due to Covid restrictions. Meanwhile, exports to Germany are at a similar level to last year.
Aug 31, 2022
BEIJING. New millet from Inner Mongolia should be available on the market from the beginning of September. Meanwhile, the price trend in recent weeks has been downward.