Grains

Grains and oilseeds: delays not a problem

November 24, 2023 at 11:05 AM , Der AUDITOR
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BRUSSELS. Export prospects are far from encouraging for wheat. Delayed sowing is not yet classified as a risk for Brazil’s corn crop and oil is weighing on rapeseed quotations.

Record wheat exports in Romania

Wheat quotations initially surged this week after Russia attacked the port of Odesa in Ukraine due to safety concerns in the Black Sea corridor. Ukraine’s grain exports have slumped by 25% to 12 million mt as compared with last year. While wheat exports reached 6.5 million mt last year, they have declined to 5.5 million mt this year. November grain exports only amounted to 2.8 million mt as opposed to last year’s 3.4 million mt. Trouble is Russia’s blockage. Yet, grain shipments hit a record 29.4 million mt in Romani

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