Author: Viktoriia Ray

Domestic supply support: 14,900 tons of milling wheat released to Kazakh millers helps stabilize internal flour and grain markets. Quality-focused allocation: Third-class wheat with 23% gluten dominates sales, ensuring adequate supply for flour producers. Strong feed demand: Poultry farms requested about 200,000 tons of grain, signaling robust domestic feed consumption. Neutral-to-slightly bearish for exports: Higher…

Tender Result: Jordan’s MIT purchased 60,000 tonnes of milling wheat at $277.50/tonne C&F, half of the 120,000-tonne target volume. Price Competitiveness: CHS won the tender with the lowest bid, undercutting rivals by $0.90–$7.50 per tonne across a tight offer range. Logistics Window: Shipment is scheduled for June 1–15 delivery to Aqaba port, providing a benchmark…

Russian wheat inflows surge: Kazakhstan imported 395,700 tons of Russian wheat in the first five months of 2025/26 MY, a 41-fold jump from 9,500 tons a year earlier. Currency-driven advantage: Weakness of the Russian ruble against the Kazakh tenge is making Russian wheat highly competitive for Kazakh processors. Shifting Black Sea trade flows: Increased Kazakhstan…

Brazil wheat output seen at five-year low: 2026/27 harvest projected around 6.86–6.9 million tonnes, down roughly 12% year-on-year. Acreage contraction: Sown area expected to fall 5.2–15.5% amid weak margins, higher nitrogen fertilizer costs, and competition from alternative crops. Weather risk: Potential El Niño in late 2026 raises concerns about excessive rainfall and quality losses during…