Last week Russian wheat decreased in price on the export market. 12.5% milling wheat price lost in average $2/MT. Prices were pressured by CBOT tendency as well as by continuing wheat ergot story with Egypt. Decline in prices was seen also in feed wheat market. Over the week export prices for feed decreased in Novorossiysk…
As of September 22, Russian agrarians continued harvesting grains and pulses. Agrarians harvested grain crops throughout the general areas of 40.6 million ha (on the same date in 2015 – 36.6 million ha), or 86% of the planned areas (47.3 million ha). The produced volumes reached 107.5 million tons of grains, with the average yield…
On September 23, Russia zeroed down the export duties on wheat, the Minister of Agriculture of Russia Alexander Tkachev declared. According to the forecast of Tkachev, in the current year the grain exports will reach 35-40 million tons. At the same time, as of the morning of September 23, the officials still did not make…
In January-August Ukrainian flour milling enterprises produced 1.212 million tons of flour, down by 5.9% YoY, the State Statistics Service of Ukraine declared. In particular, the production volumes in August totaled 176 thousand tons, up by 18.4% MoM and by 1.1% YoY. In January-August the production volumes of crude sunflower oil in Ukraine totaled 2.4…
In 2016/2017 MY the share of domestic consumption of flour in Ukraine will decrease to 87% of its general production, against the average index of 91% during five recent years. At the same time, the forecast of Ukrainian flour exports in the current season totals 370 thousand tons, up by 7.5% YoY (344 thousand tons),…
On September 22, Egypt purchased 240 KMT of milling wheat from Russia with shipment on October 21-31, at the average price of $187.03/MT C&F. The price at the previous tender equaled $185.52/MT C&F. The purchase included: – 60 KMT of Russian wheat from Aston at $186.80/MT C&F ($179/MT FOB with a freight rate of $7.80/MT);…
Belarus has announced an open tender to identify importers of alcoholic beverages in 2017, the commission responsible for holding the tender said in a statement. Importers are invited to present their bids to the Trade Ministry by October 24. They are expected to provide lists of beverages they wish to import, as well as information…