Ukraine's milling wheat prices increased slightly as did corn prices at the UBS ports due to export reasons. The milling rye market there remained stable as both offers and bids were minimal. Meanwhile, Russia's 2016 corn crop could be a record. Russian Grain Market Note: Market information is limited due to the local May holidays. Market Trends: 2-6 May 2016 3rd and 4th grade soft milling wheat prices as well as feed wheat and corn prices increased in RUB expression and dropped in USD expression due to weakening of the ruble. Milling rye, feed barley and sunflower seed prices decreased in both forms of currency. USD/RUB Rate As of 6 May, the USD/RUB rate was 1/66.2 as the Russian ruble weakened. Russian Oilseed Markets
Russia: Pl...
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...
