Category: Wheat

Strong crop outlook: 11,500 hectares of winter wheat in Chernihiv, Kharkiv, and Sumy regions are overwintering well with uniform stands and vibrant green growth. Low weather risk so far: No signs of frost damage or critical plant stress reported during winter dormancy in key northern Ukrainian regions. Technology-driven productivity: Recent investments in Fendt and Horsch…

Hryvnia prices rise: Milling and feed wheat bids at Greater Odesa ports climbed to UAH 10,000-10,600/tonne (CRT) as the currency weakened. Dollar prices steady: USD-denominated bids for Ukrainian wheat held in the USD 206-216/tonne range, preserving export competitiveness. Logistics pressure: Overloaded networks, port restrictions, and higher tariffs from Russian attacks are lifting domestic cost bases.…

Neutral: Jordan secured 60,000 tonnes of milling wheat at $260/tonne C&F, setting a competitive price benchmark for April delivery. Neutral: Only half of the planned 120,000 tonnes was purchased, signaling either price sensitivity or a staggered procurement strategy. Neutral: Tight bid spread of less than $5/tonne among five major traders highlights ample global wheat supply…

Bullish (Rapeseed): February rapeseed futures jumped 2.4% to €462.75/tonne on bargain buying after December’s 16‑month low and supply concerns following damage to Bunge’s Dnipro vegetable oil plant. Bearish (Wheat): March Euronext wheat eased 0.5% to €188.25/tonne under pressure from abundant global supplies and increased Argentine export competition. Market Overview Euronext wheat futures slipped on January…

Russian wheat export duty cut to zero: Government reduces wheat export duty from 97.3 rubles/ton to zero for January 14–20, easing costs for exporters. Indicative wheat price edges higher: Wheat reference price rises to $229.2/ton from $228.4/ton, indicating slightly firmer market conditions. Barley and corn remain duty-free: Export duties for barley and corn stay at…

Bearish price move: Ukrainian milling wheat fell UAH 200-400/tonne over December amid weaker demand. Lower domestic demand: Constant power outages at processing plants are curbing wheat purchases. Soft export market: Weak export demand and limited trader activity are pressuring prices. Potential value opportunity: The recent price erosion may attract buyers if values stabilize at current…

Bearish pricing: Ukrainian milling wheat prices in Greater Odessa ports fell USD 6-9/ton in December, ending at USD 208-216/ton CPT (Class 2) and USD 206-214/ton CPT (Class 3). Feed wheat weakness: Feed wheat prices declined by an average USD 9/ton to USD 197-207/ton CPT (port) as buying interest eased toward month-end. Logistics-driven pressure: Military threats,…

Kazakhstan wheat prices firmed as state-owned Food Corporation began direct purchases, lifting offers for all grades. Black Sea export flows strengthened with Novorossiysk wheat loadings rising 5.7% week-on-week to 409,000 tonnes. Russia expanded export geography as Kemerovo Oblast completed its first-ever 1,200-tonne wheat shipment to Vietnam by rail. Overall tone: Neutral to slightly bullish on…

Production Surge: Russia’s 2025 net wheat harvest climbs 11% year-on-year to 91.37 million tons, boosting exportable supply. Yield Strength: Average wheat yield rises 17% to 34.4 centners per hectare, underscoring strong agronomic performance. Regional Shift: Stavropol Krai overtakes Krasnodar as top producing region with 8.19 million tons. Bearish Price Signal: Larger Black Sea export availability…

Russia cuts wheat export duty by 10.8% to 97.3 rubles/ton from January 12, down from 109.1 rubles/ton. Barley and corn duties remain at zero, preserving Russia’s competitive edge in global feed grain markets. Indicative wheat price edges up to $228.4/ton from $227.9/ton, signaling steady export demand. Duty changes are short-lived, applying only for January 12–13,…