Russian Grain Markets: 5–9 January 2026 The first week of January is typically quiet for trading and logistics as Russia observes Orthodox Christmas. Activity remained subdued, although the ongoing Russo–Ukrainian war continued to shape market sentiment. Both sides carried out airstrikes, with Ukraine targeting oil reserves and refineries, and Russia striking power infrastructure, crush facilities, and storage sites. Several vessels were also attacked in the Black Sea. The latest USDA report indicates that downward pressure on global grain prices—particularly wheat and corn—could continue. To remain competitive, Russia has taken unprecedented steps by keeping grain export duties at zero. Policymakers appear focused o...
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What You Need to Know Today: The U.S. dollar continued to strengthen Thursday as persistent inflation reinforced expectations for additional Federal Reserve interest rate hikes. Higher Treasury yields have helped support the dollar, potentially reducing the competitiveness of U.S. agricultural...
Key Takeaways: Dry bulk freight markets were stronger this week, but the rally was uneven and due to divergent dynamics across basins and vessel classes. Panamax markets were broadly higher, but Atlantic grain demand was primarily responsible while Asian activity was subdued. That trend...