The Iraqi Grain Board has issued an international tender to purchase at least 50,000 tonnes of wheat from any origin excluding the United States and Romania, European traders said. Shipment dates were not given. Bidding deadline was February 5 and offers must remain valid until February 9. “We are surprised [...]
Markets
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US Wheat Price Report
U.S. futures markets closed higher this week on the possibility of increased wheat export business based on rumors that...
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Wheat Trade
Weather Watch: Whether to Trade or Not Watching the weather may seem like the last trading tip when considering grain...
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World Wheat Production
There is a lot of wheat in the world. More, it seems, each month. For the seventh month in a row, the U.S. Department...
Russia Lacks Export Wheat in South
Russian supplies of milling wheat available for export from the Southern Federal District declined, pushing up prices, the Institute for Agricultural Market Studies said. “We see a stormy price increase because grain resources are becoming limited in the south,” Oleg Sukhanov, the institute’s grain analyst, said today by phone from [...]
Read more ›Grain Transportation
Analysts Consider That Actual Port Capacity Will Not Be A Problem This Year, As The Real Bottleneck Is In Getting Grain To The Ports As A Result Of Poor Management Of Railway Logistics, High Cost Of Transportation From Siberian Regions, And Competition With Grain From Kazakhstan (For Markets, For Russian Grain Cars, Etc.). [...]
Read more ›USDA projects higher U.S. corn exports
According to the USDA’s latest WASDE report, U.S. feed grain ending stocks for 2011/12 are projected lower this month as increases in corn and oats imports are more than offset by higher expected corn exports. Projected corn and oats imports are raised 5 and 10 million bushels, respectively, based on [...]
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