Grain Highlights 20.04.2023
The European Commission has offered compensation to farmers from Eastern Europe in connection with the supply of Ukrainian grain in the amount of 100 million euros. – From the beginning of the season to 19.04.2023, 40.092 million tons of grain were exported from Ukraine, including 2.115 million tons in April. Wheat exports were 13.734 million […]
Container terminal operator margin pressure to ease
Container terminal operator earnings have declined as slowing trade and escalating costs have brought margins under pressure. But an improving economic outlook and falling energy costs are expected to provide some reprieve through the second half of the year. Widespread easing of port congestion reduced average container dwell times at terminals and led to a […]
Grain Highlights 19.04.2023
According to USDA data as of 04/16/2023, the state of winter wheat crops in the United States remains unchanged and is the worst in the history of statistics. – From the beginning of the season to 17.04.2023, 47.8 million tons of grain were exported from Russia (41.6 a year earlier). Over the period of April […]
Grain Highlights 18.04.2023
Hungary, Slovakia and Poland have introduced a temporary ban on the import of Ukrainian grain until 30.06.2023. Transit of Ukrainian production through both countries is permitted. Bulgaria is considering a temporary ban on Ukrainian production. – According to Rusagrotrans, wheat exports from Russia will reach 4.64 million tons in April (4.54 in the previous estimate […]
Grain Highlights 17.04.2023
The Rosario Grain Exchange lowered its forecast for the 2022/23 corn production in Argentina by 3 million tons to 32 million tons (51.1 in 2021/22), which would be the lowest result for the last 15 years. – According to experts, grain exports from Russia in 2022/23 will reach 58.5 million tons (56 in previous estimates), […]
Grain Highlights 14.04.2023
According to SovEcon’s forecast, wheat exports from Russia will reach 4.2-4.5 million tons in April. In April 2020 alone, exports were over 5 million tons. – Over the period April 1-10, 2,196 million tons of grain were exported from Russia (2.6 times more than the previous year). Wheat exports were 1.95 million tons (649,700), corn […]
Grain Highlights 13.04.2023
According to USDA data, as of 04/09/2023, 27% of the winter wheat crops in the US are in good to excellent condition (28% a week earlier and 32% a year earlier), which is the lowest level since 1996. – As of April 11, 2023, 2.2 million hectares were sown with spring crops in Russia, which […]
Grain Highlights 11.04.2023
Import demand for soybeans in China may remain weak until the end of April. In April, imports will reach 8 million tons (-20% compared to previous expectations) and 9 million tons are expected to be imported in May (-10%). – Over the week of April 3-9, 565,000 tons of wheat were exported from the Russian […]
Energy firms bet big on German port as clean energy hub
Germany’s only deep water port, home to its largest naval base, is where energy firms now plan to spend more than $5.5 billion to help construct the clean energy infrastructure the country needs to help end its reliance on Russian gas. Europe’s leading industrial exporter has only just managed to get through an energy crunch […]
Grain Highlights 07.04.2023
According to Ukroliyaprom’s forecast, the production of oil crops in Ukraine will reach 19.484 million tons in 2023/24 (+1.467 compared to 2022/23). – In the week starting from 12.04.2023, the export tax on Russian wheat will be 5,339.4 rubles/ton (5,179.4 a week earlier). The export tax on barley will be 1,646.7 rubles/ton (799.4) and 3,185.7 […]