BACK TO ALL news

Russia May Focus on Traditional Grain Buyers Amid Crop Issues

  • POST FROM 6 June 2024

Russia might reduce the range of its grain exports in the upcoming season because of crop problems, which could lead to a stronger focus on traditional markets. During the current season, Russia has been active in grain markets like Mexico, Indonesia, and Vietnam, which are usually dominated by other exporters.

https://www.reuters.com/markets/commodities/crop-woes-may-lead-russia-focus-traditional-grain-buyers-2024-06-06/

Read next

Starting June 21, Turkey will suspend wheat imports until at least October 15 to shield its farmers from price fluctuations, secure domestic raw materials, and create a favorable market for local producers, the agriculture ministry announced. This announcement led to…

7/06/2024
  • News
  • Logistics

Chicago wheat prices remained steady after hitting a two-week low, as concerns about weather-related damage to Russian crops eased. Despite the price fluctuations, international demand for wheat remains robust, with significant purchases from Algeria and Egypt. Soybean prices increased on…

5/06/2024
  • News
  • Trade

Tunisia’s state grains agency has issued an international tender to acquire approximately 50,000 metric tons of soft milling wheat and around 75,000 metric tons of barley. The origin is optional, with the deadline for price offers set for Friday, June…

6/06/2024
  • News
  • Logistics