Iran is gradually re-routing its imports of Russian wheat to the Caspian Sea as shipments via the Black Sea stall due to Ukrainian drone attacks and because the Strait of Hormuz is closed, analysts said on Thursday.Iran is one of the biggest buyers of Russian wheat…
Chicago wheat futures jumped on Tuesday as hopes faded for a U.S. diplomatic effort to end the war in Ukraine, which has disrupted Black Sea grain shipments, analysts and traders said.Corn and soybean futures chopped up and down as traders adjusted positions ahead of Friday's U…
Euronext wheat eased on Friday, extending a pullback from contract highs as the market waited to see if a renewed diplomatic push to end Russia's war with Ukraine might alleviate disruption to Black Sea trade.Losses were limited as more attacks…
Russian wheat export prices rose last week, tracking global prices, against a backdrop of a sharp decline in supply due to restrictions in the Azov-Black Sea basin, analysts said. 'World FOB prices strengthened sharply amid extremely limited…
European wheat fell sharply on Monday, as renewed comments by Turkey about seeking a diplomatic solution to stop war disruption to Black Sea grain shipping drove profit-taking after Friday's contract highs.December wheat, the most-active contract on the Paris-based Euronext…
Euronext wheat rose further on Thursday to set another one-month high as the market remained focused on the risk of prolonged disruption to Russian and Ukrainian exports due to an escalation in the war.December wheat, the most-active contract on Euronext…
Chicago wheat futures rose to a three-year high on Thursday, extending the previous session's limit-up rally, as reports that Russia may intensify strikes on Ukraine fueled fears of prolonged disruptions to the massive Black Sea grain trade…
Chicago corn and wheat futures set fresh multi-year highs on Wednesday as falling expectations for U.S. corn yields and ongoing disruption to Black Sea grain exports maintained uncertainty over global availability.Soybeans were steady as support from corn was tempered by a slide in crude oil…
Russian wheat export prices fell last week, but some analysts said they regarded the prices as largely symbolic as shipments from southern ports have been virtually halted due to the escalating conflict with Ukraine. Export prices in the…
Attacks on shipping have shut down more than 97% of Russia and Ukraine's grain export capacity in the Azov and Black Sea basin, cutting off a major source of low-cost supplies and helping to drive up global prices.The two major grain exporters…
Chicago Board of Trade soybean futures rose for a third straight session on Tuesday as weather reports and crop data raised concerns about prospects for this year's harvest yields in the U.S. Midwest, analysts said.Firm crude oil and a wave of Chinese demand for U…
Euronext wheat rose on Friday to post a weekly gain as a Ukrainian attack on a Russian Baltic port and Moscow's rejection of a possible Black Sea truce intensified concern over reduced exports from Russia and Ukraine.December wheat, the most-active position on Euronext…
Euronext wheat pared gains in choppy trading on Thursday to come off a two-week high as a Reuters report that Kyiv had proposed a truce in attacks on civilian targets in the Black Sea tempered concerns about disruption to massive Russian and Ukrainian wheat exports…
Euronext wheat prices extended losses on Tuesday to the lowest level since mid-July as market rumours of talks to halt attacks on vessels in the Black Sea eased concerns about a squeeze on Russian and Ukrainian exports.Sluggish demand for Western European wheat…