According to reports from Russia, wheat cargoes to Egypt's GASC are delayed in the ports there and exporters/traders will now be liable for the new Russian export tax after 1 February. GASC has stated that any additional costs must be absorbed solely by the shippers.
News Updates The Ukrainian government's grain export agreement with the nation's major grain and agriculture associations is of great interest to all importers in the Middle East/North Africa (MENA) region as it may limit the imports of wheat, corn and barley to levels below the area's market demand. According to the agreement details, wheat exports are not to exceed 4.6 MMT between January-June 2015 with the annual totals set at 7.1 MMT for milling wheat and 5.7 MM...
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...
