wheat
Algeria purchased up to 400 thousand tons of Black Sea wheat
The main suppliers of the new batch of grain will be Romania, Bulgaria and Ukraine.
Global importers reduce wheat purchases due to financial difficulties
Economic recession and currency volatility are holding back grain demand, which, together with low global inventories, is putting pressure on grain prices.
Ukrainian wheat exports increased by a third, barley by two-thirds
Since the beginning of the season, Ukrainian farmers have exported 22.4 million tons of grain, which is 15% more than in the same period last year.
Egypt purchased 120,000 tons of wheat from Ukraine
The Egyptian state customer GASC purchased 290,000 tons of Black Sea wheat, exclusively with Ukrainian grain.
Wheat rates at the Chicago exchange decreased
The pressure on the market was caused by the fast pace of the winter wheat sowing campaign in the USA and significant exports from the Black Sea region. Wheat prices on the Chicago Stock Exchange fell on Tuesday. The December grain contract fell by USD 1/t — to USD 211.5/t, ASAP Agri analysts report ….
Lebanon bought Ukrainian wheat at a tender
Lebanon purchased several tens of thousands of tons of flour wheat of Ukrainian origin at a tender. Financing was provided by the World Bank.
USDA predicts a decrease in Ukrainian wheat exports
The US Department of Agriculture (USDA) predicts a reduction in the production and export of Ukrainian wheat.
Freight rates for coasters in the Black Sea region have fallen significantly
The market for coasters in the Black Sea during 2023 significantly lost ground.
Export of durum wheat has been banned in Russia
In the Russian Federation, it was forbidden to export durum wheat for half a year.
Prices for Ukrainian wheat are expected to rise in seaports
Analysts predict an increase in prices for Ukrainian wheat in the seaports of Odesa region.
