Will 2023 be the “Mixed Bag” Everyone’s Expecting For Shipping?
2023 has began with most experts expecting a mixed bag for the various shipping segments. In its latest report, shipbroker Intermodal said that “the United Nations Conference on Trade and Development (UNCTAD) published a Global Trade Update on December 13th highlighting that global trade would hit a record $32 billion for 2022 despite the war […]
Grain Highlights 06.01.2023
According to the latest analysts’ estimates, the wheat production in Australia will reach a record 42 million tons given the higher than expected yields at the end of the campaign. – Over the period of July – December, 28.5 million tons of grain were exported from Russia (+5.6% compared to the previous year – 27 […]
Grain Highlights 05.01.2023
StoneX has lowered its forecast for soybean production in Brazil in 2022/23 by 1.2 million tons to 153.8 million tons, given the drought in the southern parts of the country. – According to an estimate by the European Commission, in the last week of 2022, 117,800 tons of soft wheat were exported from the EU […]
Grain Highlights 04.01.2023
In December, India increased palm oil imports by 94% compared to December 2021 to a record level for the month of 1.1 million tons given the fall in the palm oil price. – In January, the export tax on sunseed oil from Russia remained zero. The export tax on sunseed meal will be 1,826.9 rubles/ton […]
Grain Highlights 31.12.2022
In its December report, the Ministry of Agriculture of Argentina forecast wheat exports from the country in 2022/23 of 4.8 million tons (14.5 in 2021/22). – According to data from Rosstat, the grain production in Russia will reach 150.7 million tons of net weight in 2022, including 100 million tons of wheat and 13.9 million […]
Grain Highlights 30.12.2022
In 2022, the wheat production in Russia reaches 105.7 million tons of bunker weight (+26.6 compared to 2021), barley production is 24.6 million tons (19) and corn production reaches 13.9 million tons (16.1). – In 2022, the wheat production in Russia is 105.7 million tons of bunker weight (+26.6 compared to 2021), barley production is […]
Grain Highlights 24.12.2022
According to Oil World’s forecast, the global export of sunseed will reach 5.1 million tons in 2022 (2.2 in 2021). – According to a forecast by Rusagrotrans, the production of oil crops in Russia will reach a record 29.2 million tons in 2022 (24.8 in 2021). The sunseed production is at16.46 million tons (15.64), soybean […]
Grain Highlights 23.12.2022
Brazil’s Datagro lowered its forecast for the soybean production in Brazil in 2022/23 by 1.1 million tons to 152.2 million tons (125.6 in 2021/22). – Over the period of 01.07 – 21.12.2022, the export of grain from Ukraine reached 20,601 million tons (30,122 a year earlier), including 2,718 million tons in December (4,016). Wheat exports […]
Weekly Analysis 12.12.2022 – 18.12.2022
Over the past week, wheat, corn and soyoil futures rose in Chicago, while soybean and soymeal futures fell. In Paris, wheat, corn and rapeseed futures declined. Over the past week, the EUR/USD currency pair increased by 0.0046 to 1.0586. US WTI crude oil rose by 3.27 USD/barrel to 74.29 USD/barrel. During the week, the Fed, […]
Grain Highlights 20.12.2022
The export potential of Ukrainian wheat has dropped to 4 million tons. Until now, Turkey was actively buying wheat from Ukraine, but it has started redirecting transactions to Russia. – Russia has received permission to export fertilizers from the ports of the Netherlands, Belgium and Estonia. Latvia has agreed to carry out inspections for the […]