Grain Highlights 20.06.2023
According to SovEcon’s forecast, wheat exports from Russia will reach 2.8-3.2 million tons in June, which is three times more than in June 2022. – During the past week, the export of wheat from Russia was 0.77 million tons, and two weeks ago it was 0.65 million tons. – During the week of June 12-18, […]
For ILWU, West Coast port deal to be union-ratified, here’s what has to happen next
West Coast port management and the labor union representing port workers reached a tentative deal late on Wednesday after the intervention of California labor market pro and Biden acting Labor Secretary Julie Su in the negotiations in San Francisco, but it could be months before the full union votes to approve the deal. The tentative […]
Grain Highlights 18.06.2023
Agritel estimates the new wheat production in Romania at 8.8 million tons (-1.6 compared to the previous estimate and -0.4 compared to 2022/23). – According to a government forecast, grain exports from Russia will reach 60 million tons in 2023/24. – From the beginning of the season to 16.06.2023, 47.49 million tons of grain were […]
US West Coast port customers urge swift finalization of labor deal
U.S. business groups on Thursday said a “hard-fought” six-year labor deal tentatively agreed between U.S. West Coast seaport employers and the union representing 22,000 workers should avoid economic harm and urged both sides to ratify it quickly. The tentative deal was announced on Wednesday and followed an intervention from Acting Secretary of Labor Julie Su, […]
Grain Highlights 17.06.2023
The Rosaro Grain Exchange lowered its forecast for the 2022/23 soybean production in Argentina by 1 million tons to 20.5 million tons. The harvesting campaign is coming to an end. – The Foreign Minister of Russia has stated that if the grain deal does not work by 17.07.2023, it will not be continued. – Stratégie […]
Grain Highlights 15.06.2023
In their June report, Conab analysts raised their forecast for Brazil’s 2022/23 soybean production by 0.9 million tons to 155.7 million tons. – As of June 1, 2023, wheat stocks in Kazakhstan reached 6.64 million tons (3.44 a year earlier and -2.2 compared to May 2023). Barley stocks were 1.01 million tons. – Yesterday Chicago […]
Grain Highlights 14.06.2023
Coceral lowered its forecast for the 2023/24 grain production in the EU by 6.7 million tons to 273.4 million tons (266.8 in 2022/23). – Coceral lowered its forecast for the 2023/24 grain production in the EU by 6.7 million tons to 273.4 million tons (266.8 in 2022/23). The soft wheat production is projected at 127.3 […]
UKHO signs MoUs with Port of London Authority and Peel Ports Group, strengthening collaboration in port sector
The UK Hydrographic Office (UKHO) has signed new Memorandums of Understanding (MoUs) with the Port of London Authority (PLA) and Peel Ports Group to enable greater collaboration in the port sector, the organisation has announced today. The new strategic partnerships will help to improve the supply, management and sharing of hydrographic and marine data and […]
Grain Highlights 13.06.2023
According to the latest data from the Buenos Aires Grain Exchange, as of 06/07/2023, 94% of the soybean areas in Argentina have been harvested (+7% for the week, 99% a year earlier and 98% on average for the last five years). – From the beginning of the season to 12.06.2023, 46.748 million tons of grain […]
Jobs at stake as California port terminal upgrades to green technology
Unions hope a $30 million grant to electrify tractors in a Long Beach, California, port terminal’s final push to become the world’s first zero-emissions facility will serve as a bulwark against lost jobs in an era of energy transition and increasing automation. The money from U.S. President Joe Biden’s administration for Long Beach Container Terminal’s […]