Processors' and traders' bid prices for soybeans on the Ukrainian domestic market rose to $374-394/MT EXW and $378-398/MT CPT, while CPT-port prices grew to $386-398/MT. FOB offer prices increased to $360-375/MT. The price growth was mainly due to the upward trends on the global market. Russian Grain Market Note: Market information is limited due to the local May holidays. Market Trends: 25-29 April 2016 Milling rye prices remained stable during the week in review as other grain prices grew slightly in RUB expression and more significantly in USD expression due to strengthening of the ruble. USD/RUB Rate As of 29 April, the USD/RUB rate was 1/64.32 as the Russian ruble strengthened. Russian Oilseed Markets
Russia: Planting Update...
What You Need to Know Today: A third U.S. border crossing (Columbus, New Mexico) has reopened to Mexican cattle imports following nearly two years of restrictions related to New World screwworm. The reopening could gradually improve feeder cattle availability, although more than 60 confi...
Yesterday, the USDA’s Agricultural Marketing Service (AMS) released a new report of negotiated cash purchases of cattle under the mandatory price report. The report included Colorado, New Mexico, Oklahoma, Texas, and Kansas. The goal of the report was to solve the confidentiality issues e...
Key Takeaways: U.S. soybean crushing began in 1911 and saw its most rapid expansion during the 1930s amid the broader agricultural and technology revolutions of the time. After peaking in the early 2000s, the soybean crushing industry went through a downturn as poor crush margins forced...
