Grain Highlights 21.05.2023

Refinitiv forecasts a 2023/24 wheat production in Australia of 29.6 million tons (39.2 in 2022/23), which is above the previous estimate. – Latest forecasts of Russian analysts for the new grain production 2023/24 in Russia show: Rusagrotrans estimates the total grain production in Russia at 129.8 million tons, including wheat production of 84.1 million tons. […]

U.S. West Coast ports regain lost volume as competitive pressure mounts

Some U.S. importers who shifted cargo away from West Coast ports to rival gateways over fears that labor contract talks could disrupt shipments have begun bringing some of that volume back, even as those negotiations stretch into their 13th month, company supply chain executives said. But anxiety over labor negotiations only explains part of the […]