The Black Sea tensions are particularly influential on prices of wheat, of which Russia and Ukraine are both big exporters (see below). However, the two countries are a force in corn too, expected by the USDA to originate a combined 24Mt of shipments in 2023/24, 12% of world corn exports.
⠀
Graintab is a trading name of CRM Commodities Ltd (CRM Agri) which delivers independent agricultural commodity market research and advisory services. [www.crmagri.co.uk]
Graintab is a trading name of CRM Commodities Ltd (CRM Agri) which delivers independent agricultural commodity market research and advisory services. [www.crmagri.co.uk]
Title
Recent post
- Agricultural Economic Outlook – October 2024
• Trump victory initially weighs on grain markets • US dollar continues to surge • Oil price risk premium provides support - Weekly Oilseed Outlook
Highlights: • Rapeseed - Prices extend rally, but headwinds mount • Soybeans - Strong demand for US soybeans—for now, at least • Crop Watch - Weather helps French, South American sowings
Contact Info
Daily Grain Markets
- Wheat rises on escalating geo-political tensions November 21, 2024