Grains - Grain Products

Grain: global production estimates sharply revised

November 27, 2020 10:44 AM, Der AUDITOR
Play report as audio

CHICAGO/PARIS. New export and production estimates have been issued for wheat and corn in the Black Sea Region and the EU along with revised IGC production estimates. Attention is shifting more and more towards 2021.

Capped Black Sea wheat exports set to reduce pressure

Due to Thanksgiving the US market is providing little impetus. Egypt's GASC authority has bought 175,000 mt of wheat in Russia at USD 262/mt CFR. Russian exporters are trying their best to step up shipments due to concerns that export quotas and export tariffs will be introduced. Russia has exported 20.7m mt of wheat so far. Export supplies are estimated at 40.8m mt. The country has found new buyers in Saudi Arabia, Morocco and Jordan and Sudan. Shipments to the EU have also been stepped up. Ukraine has exported

View related articles

Go to the News Overview
Aug 3, 2022
BEIJING. High temperatures are slowing trading activities in China and have damaged the millet crop. Refiners would like to see more orders coming in.
Aug 3, 2022
BEIJING. Rain has created ideal conditions for the new buckwheat crop in China. Demand is, however, leaving much to be desired.
Grain Products
Jul 20, 2022
GAZIANTEP. A new import regulation is to ensure that food safety is guaranteed in Turkey. Global problems such as the Ukraine war, climate change and pandemics are to be counteracted in this way.
Jun 29, 2022
BEIJING/KYIV. In China, demand in the millet market is low. Missing supplies from Russia and Ukraine were partly covered by the USA. The acreage in Ukraine has shrunk by more than 35%.