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Grain Highlights 17.10.2024

As of 01.10.2024, 50.5% of Russia's sunseed areas have been harvested, yielding 8.8 million tons. The forecast for the total production is 17.1 million tons.

Grain Highlights 16.10.2024

The Russian Grain Exporters Union has started publishing consensus indicative prices for the export of Russian wheat for October, November, and December.

Grain Highlights 15.10.2024

On the market in Kazakhstan, there is a shortage of third-grade wheat, which is used by millers. A price decline is being observed for fourth- and fifth-grade wheat due to its large supply.

Grain Highlights 11.10.2024

Starting from 16.10.2024, the export tax on Russian wheat will be 1,872 rubles/ton (up from 1,328.3 a week earlier). The export tax on barley will be 392.8 rubles/ton (up from 229.5), and the export tax on corn will be 2,827.2 rubles/ton (up from 2,696.7).

Grain Highlights 10.10.2024

Political tensions between Algeria and France are affecting their trade relations. In a recent wheat purchase tender, Algeria requested that no contracts be signed for wheat deliveries from France.

Grain Highlights 09.10.2024

According to data from Rusagrotrans, 5.26 million tons of wheat were exported from Russia in September (5.48 million a year earlier).

Grain Highlights 08.10.2024

According to Rusagrotrans data, 5.26 million tons of wheat were exported from Russia in September (compared to 5.48 million tons in September 2023).