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Monday, November 18, 2024
EU wheat exports shift to West Africa amid Russian competition
European Union (EU) wheat exporters are increasingly targeting West African markets, as competition from Russia has diminished their presence in traditional North African and Middle Eastern markets, traders reported.
Wednesday, June 26, 2024
Commodity analysis firm cuts Russian wheat output forecast to three-year low
Commodity analysis firm Argus has reduced its forecast for Russian wheat output this year to a three-year low of 79.5 million metric tonnes, a significant decrease of nearly 12 million tonnes from 2023, attributed to dry weather and late fr ...
Friday, February 9, 2024
Russian wheat prices decline amidst increased shipments
Russian wheat export prices experienced a continued downward trend last week, driven by ongoing oversupply concerns, as analysts observed a surge in shipments reaching a four-month peak due to improved weather conditions at ports, Nasdaq re ...
Tuesday, January 30, 2024
Egypt's wheat import soars with 39% increase in Russian supply
Egypt witnessed a substantial surge in its imports of Russian wheat, marking a 39% year-on-year increase in 2023, Zawya reported.
Tuesday, November 7, 2023
Russian agriculture ministry proposes suspension of durum wheat exports
Russia's agriculture ministry has proposed a ban on durum wheat exports for six months starting on December 1.
Thursday, November 2, 2023
Russian wheat pushes growth of Black Sea dry bulk exports during January-October 2023
Russia's wheat exports have driven dry bulk exports out of the Black Sea to rise by 13% year-on-year between January and October this year.
Thursday, November 2, 2023
Russian wheat prices stabilise amid sluggish demand and decreasing supply
Russian wheat export prices remained steady over the past week as demand from international buyers continued to be subdued, while wheat supplies from farmers decreased as a result of a prolonged price slump, Nasdaq reported.
Tuesday, October 24, 2023
Demand for Russian wheat on the rise as export prices drop
Russian wheat export prices declined again last week, but analysts see demand picking up at these levels.
Friday, September 22, 2023
Egypt eyes wheat imports from France and Bulgaria amid Russian supply halt
Egypt is exploring the possibility of importing approximately 500,000 tonnes of wheat from France and Bulgaria after Russia suspended wheat supplies due to pricing disputes, sources revealed, Zawya reported.
Tuesday, July 11, 2023
Mostly flat for Russian wheat's export prices last week
Export prices for Russian wheat remained largely flat last week, analysts said, as traders waited for signals about the Black Sea grain export deal ahead of its renewal deadline next Monday.
Wednesday, May 24, 2023
China emerges as leading wheat importer, but Russian supply hindered by challenges
China's increasing demand for wheat imports has positioned it as the largest buyer of this essential food staple, but there is one major supplier that has been missing out: Russia, Yahoo! Finance reported.
Tuesday, February 28, 2023
Russian wheat prices decline in line with global trends and higher domestic supply
Analysts said Russian wheat prices fell last week due to a downward trend in the international markets, weak exporter demand, and a growing domestic supply, Nasdaq reported.
Saturday, January 28, 2023
Russian wheat prices increase slightly due to higher export demand
Analysts said Russian wheat prices have increased slightly last week due to demand from domestic exporters, while an increase in Black Sea grain shipments and a stronger Australian crop drove down global benchmarks, Hellenic Shipping News r ...
Friday, January 13, 2023
Egypt leaned more heavily on Russian wheat as imports declined in 2022
Egypt leaned more heavily on wheat from Russia in 2022, even as the country reduced imports of the grain and looked to diversity its sources of wheat purchases, Zawya reported.
Thursday, January 5, 2023
January Russian wheat exports reach 3.6 million tonnes
Wheat exports from Russia in January are expected to remain high for this period of the July-June marketing season at about 3.6 million tonnes, following a huge 2022 grain crop, Hellenic Shipping News reported.
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