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: 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: 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: 2 minutes By Andrey Sizov, Managing Editor at The Sizov Report. Average domestic wheat prices in Russia were lower last week. 4th grade food wheat (~12-12.5% prot.) dropped 175 rub to 13,600 rub/mt (USDRUB = 72.8). Prices were under...
Reading time: 2 minutes By Andrey Sizov, Managing Editor at The Sizov Report. As of June 03, Russian farmers seeded 12.8 mln ha of spring wheat, as per AgMin’s data. Area expansion is driven by large replanting in the Center and record-high ruble...
Reading time: 6 minutes Introduction to Wheat Specifications Wheat specifications, as for all other agricultural commodities in the trading business, can be part of a contract as a clause to the agreement to ensure the goods' quality. Naturally, no...
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