Reading time: 2 minutes By Andrey Sizov, Managing Editor at The Sizov Report. Global wheat prices continued to move lower in January. On Friday, Chicago SRW closed at $7.58/bu ($279/mt; -1.6% YTD), Matif – at €274.5/mt ($312/mt; -1.4%). Chicago...

Reading time: 2 minutes By Andrey Sizov, Managing Editor at The Sizov Report. We have upped the 2022 Russian and Ukrainian wheat crop estimates on improved weather and a larger seeded area in Ukraine. Russian wheat crop has been revised from 80.7...

Reading time: 2 minutes By Andrey Sizov, Managing Editor at The Sizov Report. We have upped the 2021 Russian wheat crop forecast by 0.1 mmt to 75.4 mmt. The revision reflects good crop in Siberia. Good weather conditions in the second half of the...

Reading time: 2 minutes By Andrey Sizov, Managing Editor at The Sizov Report. Last week, news and rumors about Russian wheat exports regulation were a big market mover. Bulls enjoyed chatter about the strict export quota, but bears were the winner...

Reading time: 2 minutes By Andrey Sizov, Managing Editor at The Sizov Report. Last week, 12.5% wheat prices in deep-sea Russian ports rose $6 to $343/mt. The market was supported by strong demand and earlier rally in global benchmarks. During the...

Reading time: 2 minutes By Andrey Sizov, Managing Editor at The Sizov Report. Russian wheat exports have been growing in recent weeks. According to customs, as of the week ended November 17, 0.82 MMT of wheat was exported compared to 0.52 MMT a...

Reading time: 2 minutes By Andrey Sizov, Managing Editor at The Sizov Report. We have revised Ukraine’s crop numbers for 2021 (bearish corn) and have issued the first 2022 wheat crop forecast (bullish!). Ukraine is one of the top global corn and...