MENA wheat importers report that Russia is making wheat exports more difficult in advance of its new export duty set to begin 1 February. The expansion of export inspections and delays in receiving official documents are restricting both vessel loadings and sailings.
News Updates MEDITERRANEAN/MIDDLE EAST COMMENTS Of concern to wheat importers in the Middle East/North Africa (MENA) region is the report from Ukraine that the government has asked grain exporters to limit the January and February wheat shipments to no more than 200,000 MT per month. This is a request only, and no formal export restrictions are said to be expected. Coupled with the new Russian export tax on wheat, this will only increase import prices for MENA whea...
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...
