Reading time: 2 minutes By Andrey Sizov, Managing Editor at The Sizov Report. SovEcon cut Russia’s wheat crop forecast from 82.3 mmt to 76.4 mmt. The main reason is the substantially smaller winter wheat area reported by Rosstat on Friday, June 30....
Reading time: 5 minutes Black Sea and French Wheat are essential products for the Mediterranean Sea countries such as Tunisia, Algeria, or even Egypt. With France being the leading Wheat producing country in the EU, Russia—the world’s top Wheat...
Reading time: 2 minutes By Andrey Sizov, Managing Editor at The Sizov Report. Prices for Russian wheat rose steadily last week. Export quotes for wheat with protein 12.5% strengthened by 2.5% to $245/t FOB, bids in ports - by 6% to 14,300-14,700...
Reading time: 5 minutes At the beginning of 2021, Canola (or Rapeseed) global stocks are scarce due to a lower supply. Moreover, with energy prices recovering more than well and the booming Chinese economy massively importing all types of Vegoils,...
Reading time: 2 minutes By Andrey Sizov, Managing Editor at The Sizov Report. Outlook for Russian wheat crop worsens. SovEcon cut 2021 crop estimate from 84.6 mmt to 82.3 mmt two weeks ago, USDA lowered its estimate by 1 mmt to 85 mmt a week ago. ...
Reading time: 4 minutes The Canadian Grain Commission (CGC) releases monthly reports for Canada crop production. The Canada Outlook for Principal Field Crops provides the best information and statistics to build Canadian-related balance sheets....
Reading time: 2 minutes By Andrey Sizov, Managing Editor at The Sizov Report. Last week, 12.5% wheat prices in Russia’s deep-sea ports tumbled $12 to $234/mt FOB. This was driven by weaker global benchmarks and expectations of the bumper crop....
Reading time: 7 minutes The recent rise of dry bulk cargo ocean freight rates is a consequence of the current global bull market. Starting in Q4 2020, the Chinese economy surged with renewed and increased consumption needs, while in parallel, the...
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