Grain Highlights 28.06.2023

MARS forecasts that the wheat production in Russia for 2023 will reach 86.7 million tons (compared to 103.9 million tons in 2022). Barley production is projected at 20.4 million tons (22.9), and corn production is estimated at 15.2 million tons (15.1). • As of June 26, 2023, 1.5 million tons of grain have been harvested […]

ICD owners seek permission to keep containers at Ctg port terminals

Owners of the inland container depots (ICDs) at Chattogram Port have sought allocation of space in the Chattogram Container Terminal (CCT) and Newmooring Container Terminal (NCT) to accommodate 1,500 TEUs export containers to ease congestion ahead of Eid-ul-Azha. Meanwhile, the average TEUs (twenty-foot equivalent units) awaiting shipment has increased to 15,000, more than double the […]

Grain Highlights 27.06.2023

The Romanian government is considering measures that would give local farmers preferential access to the port of Constanta, which would make it more difficult to export Ukrainian production. – During the week of June 19-25, 391,800 tons of grain were exported from the Russian port of Novorossiysk (523,600 a week earlier), including 330,700 tons of […]

Panama Canal postpones depth restrictions after much-needed rain

The Panama Canal will postpone depth restrictions that were set to affect the largest ships crossing the key waterway, the canal authority said, after much-needed rain provided relief to the strained maritime passage. A series of measures were scheduled to go into effect on June 25 and July 9 requiring ships to float at higher […]

Grain Highlights 25.06.2023

According to a forecast by Oil World, the production of oil crops in the world will reach 646 million tons in 2023/24 (+37 compared to 2022/23). – According to a Rusagrotrans forecast, wheat exports from Russia will reach a record 49 million tons in 2022/23 (+7 compared to 2021/22). In June, exports will reach 3.5 […]

DP World Signs Deal To Double Capacity At Indonesia’s Belawan New Container Terminal

DP World is set to commence operations at Indonesia’s Belawan New Container Terminal (BNCT), after finalising an agreement with the Indonesia Investment Authority (INA) and Pelindo to manage the terminal and begin a major expansion. The strategic partnership between the Indonesia Investment Authority (INA), Indonesian government-owned port operator Pelindo, and DP World, will create Indonesia’s […]

Grain Highlights 24.06.2023

SovEcon lowered its forecast for the 2023/24 grain production in Russia by 2.3 million tons to 134 million tons, including wheat production of 86.8 million tons (88), barley production of 19.9 million tons (20.8) and corn production of 14.6 million tons (14.8). – According to the forecast of the Oil Union in Russia, the export […]

Grain Highlights 21.06.2023

On 19/06/2023, Algeria purchased 600,000 tons of milling wheat of any origin. – During the period June 1-19, 2.538 million tons of wheat were exported from Russia, which is 2.6 times more than the previous year. Grain exports reached 2.97 million tons (+2.1 times), corn exports were 286,000 tons (+2%) and barley exports reached 243,000 […]

Climate activists target ports on anniversary of raid

Climate activists are warning the public to expect more disruptions after simultaneous protests at ports in Newcastle, Brisbane and Melbourne on the anniversary of a high-profile raid. Three people have been charged over their involvement in the Monday protests, which were live-streamed to social media. Zelda Grimshaw from Blockade Australia said people should “stay tuned” […]