Morocco's grain imports for the June-October period are up by 80 percent against last year at a total 2.2 MMT including 750,000 MT of wheat and 1.1 MMT of corn. The wheat is mainly from Ukraine, France and Russia with about 80 percent of the corn from Argentina and Brazil.
News Updates Port congestion and bad weather are reportedly delaying some shipments from Russian Black Sea and Azov Sea ports that could affect wheat exports to North Africa and Middle Eastern destinations.Iran has stated very strongly that it has no agreement with Russia for the countertrade of that country's wheat for its oil. Russia will be supplying technical and operational support to the Iranian oil industry, but countertrade does not seem to be in...
What You Need to Know Today: The Federal Reserve held interest rates steady at 3.75 to 4.0 percent Wednesday, with two officials dissenting in favor of a 25-basis-point increase. The Fed upgraded its assessment of economic growth from "solid" to "strong" but adopted a more patient approa...
Key Takeaways: Expected growth in U.S. soybean crushing capacity and output, driven by biofuel demand, will increase domestic soymeal supplies, with production growth significantly outpacing demand. WPI forecasts soymeal production increasing from 65.8 million short tons in 2026/27 to 70.5 mil...
Russian Grain Markets: 19–23 October 2026 The Russian grain market continued its recovery during the week, although prices remained volatile across regions. Wheat was notably bullish, while feed barley and corn were slower to appreciate, primarily because of weaker export demand amid logi...