Lachstock | Daily Report on Grains

Aug 4, 2022 | Agricultural Markets

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Lachstock Consulting was founded in 2007 in Australia and specialized in the grain market. Using accurate research & market analysis, they produce grain market reports that aim to reduce your costs and increase profitability.

Chicago wheat was down 8.20usc/bu, Kansas lost 5.60usc/bu while Minni gained 2.00usc/bu. Matif milling wheat was down EUR$2.00 while the Black Sea contract was also down USD$2.00/mt. Corn was down 0.40usc/bu, while beans were down 10.60usc/bu, meal lost USD$6.60/st and beanoil was down by 0.12usc/lb. Matif canola was down EUR$21.00/mt. The Dow was up 416 points and the Aussie went out at 0.69400

Global Highlights The Razoni has passed inspection in Istanbul and is on its way to Lebanon. After the inspection JCC said in a statement “The JCC will use this voyage in its ongoing work on fine-tuning procedures and processes to enable the continuation of safe passage of commercial vessels across the Black Sea under the Initiative.” There has been no word yet on when the next ship will be cleared to depart

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