Price: €11.00
Member Price: €0.00

Grains and oilseeds: China about to announce retaliatory tariffs

November 1, 2024 at 12:34 PM , Der AUDITOR
Play report as audio

BRUSSELS. Russia’s failed attempt to drive up wheat prices has slowed shipments. Ukraine’s corn exports are 18% up. Rain has prompted sowing to gain pace for soybeans in Brazil and Argentina. Rumour has it that China will slash retaliatory tariffs on Canada's canola.

Russia bickers over wheat prices

Improved crop projections for Argentina and slow exports from Russia prompted sharp declines for wheat at the start of the week. Argentina’s exports may reach 13.3 million mt. This would the second highest value on record as 15.4 milllion mt were shipped in 2021/2022. Russia’s failed attempts to drive up prices slowed down a shipment over 430,000 mt to Egypt in October. The shipment is now to take place in November.

Morocco has recently purchased several consignments in France. Algeria also bought 480,000 mt of wh

View related articles

Go to the News Overview
Oilseeds
Jul 15, 2025
DALIAN. While there is disagreement about the size of the acreage for Shine Skins, the Lady Nails variety is becoming increasingly popular, which is also reflected in planting figures. GWS kernels and Snow Whites are proving to be more stable.
Nuts
Jul 14, 2025
NEW DELHI. Although prices on the Indian peanut market have declined again, traders are optimistic that this could soon change. Several factors point to price increases in the near future.
Oilseeds
Jul 10, 2025
ASTANA. A recovery in crops and EU tariffs on Russian flaxseed imports have caused Kazakhstan's flaxseed exports to double. Around 74% of exports went to China and Belgium.
Oilseeds
Jul 10, 2025
NEW DELHI/BRASÍLIA. Growers in India were able to start Kharif sowing early. South Korea has published a new sesame seed tender. The crop in Brazil is of impressive quality.