Articles By Masha Belikova
Russia’s wheat exports from Black Sea ports totaled 969,993 tonnes during the week to Thursday May 2, with Bangladesh overtaking Egypt as the leading destination, Fastmarkets analysis of port line-up data showed on Friday May 3.
The Russian government has further reduced the export tax on wheat and barley, leaving the tax on corn at zero, for the period May 8-14, according to an official note from country’s agriculture ministry released on Friday May 3.
Algeria’s state grain importer started its 2024/25 marketing year wheat purchasing on Thursday May 2, with the price paid at around $249-250 per tonne CFR for July shipment, sources told Fastmarkets.
Russian spring grain and oilseeds planting progressed by almost 10 percentage points during the week ending Thursday May 2, according to data from the agriculture ministry.
Ukrainian agriculture exports through Black Sea ports in April were the highest since the full-scale war started, while rail export fell to the lowest level since April 2022, according to official statistics from the agriculture ministry.
Freight rates eased in the week to Wednesday May 1 with weaker demand in the Asia-Pacific region and an improving outlook for the Panama Canal weighing on rates.
South Korean buyer Major Feedmills Group (MFG) has selected as much as 134,000 tonnes of corn for August arrival in a tender that was closed today, after a discount was given...
South Korean buyer Major Feedmill Group (MFG) has returned for another batch of corn purchases, for August arrival, trade...
The Russian government has cut the export tariff for wheat and barley, but left the corn tax unchanged in a short two-day...
Bidding ideas for the new crop of Russian milling wheat appeared in the market for July-August shipment, with indicated levels the same as or even higher than was heard for old crop May-June...
Current price ideas for Russian wheat are still in the range which was initially set for 2024-25 production in December 2023, despite talk of the dry weather affecting parts of...
Russia’s second-largest exporter of grains, trading house Rif, has changed its name, according to documents published on the company’s website on Friday April 26.
Taiwan's Flour Millers' Association (FMA) picked up 106,675 tonnes of US-origin milling wheat for the June-July shipment period in its regular tender...
Corn export prices in the EU Black Sea market have gone up by $10 per tonne with sellers’ offer ideas around $200 per tonne on an FOB CVB (Constanta Varna Burgas) basis...
Algeria’s state grain importer Inter-professional Office of Cereals (OAIC) has purchased an estimated 200,000 tonnes of durum wheat for June, market participants told Fastmarkets.
Thailand’s Feed Millers’ Association (TFMA) has passed on buying in its tender that closed on Wednesday April 24, with prices said to be too high, according to the industry sources.
Freight rates rose again in the week to Wednesday April 24, with continued stronger demand in the Pacific and the Atlantic acting to absorb the excess ship availability that had built up in the Atlantic.
Algeria’s state importer Office National des Aliments du Bétail (ONAB) has issued a fresh tender for corn and soymeal, trade sources told Fastmarkets on Tuesday April 23.
Wilmar International has confirmed one of its terminals was damaged in an "incident" and estimated that it will take up to six months to repair the facilities destroyed after a missile attack on the Ukrainian port of Pivdenny...
The Russian government has established an additional 5 million tonne grain export quota, and increased the share that individual exporters...