While grain exports from Russian seaports grew to 24.3 MMT in 2016 against 22.9 MMT the previous year, those from Ukrainian seaports were significantly higher. Note: Today’s report is abbreviated as there is almost no market activity and little information available due to the 1-7 January holiday season in Ukraine and Russia. Egypt’s 29 December Ukrainian and Russian Wheat Purchase During its final 2016 tender on 29 December, Egypt’s GASC purchased 235,000 MT of Ukrainian and Russian wheat for 1-10 February delivery. This specifically included:
60,000 MT of Russian origin from AOS/Friends at $197.35/MT CNF ($186.25/MT FOB plus freight at $11.10/MT) 60,000 MT of Russian origin from ADM at $197.95/MT CNF ($186.85/MT FOB plus freight at...
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...
