Russia's seaborne grain exports dropped by 61.9% year on year in September to almost 2.0 million metric tons due to a sharp decline in shipments via the ports of the Azov-Black Sea basin, according to shipping data from industry sources.Total seaborne exports have amounted to 6.0 million tons so far this season, 61.5% down year on year, the data shows.Exports via terminals in the Black Sea and in the Sea of Azov fell by 93…
Latvia, a member of the European Union and NATO, has emerged as one of the top five importers of Russian grain this marketing season despite strained political ties, as Moscow redirects exports from the Azov-Black Sea basin to Baltic ports.Latvia imported 431…
Euronext wheat fell for a second session on Friday as a slide in Chicago, a bounce in the euro and a recovery in Russian exports weighed on prices after they hit a one-month high this week, traders said.December milling wheat on Euronext settled 1% down at €244…
Euronext wheat prices rose on Tuesday, tracking a rebound in Chicago futures as another attack on ships in the Black Sea kept attention on disruption to export trade.An international tender being held by Algeria also underpinned the market,…
Russian wheat export prices rose last week amid a firmer Black Sea market, while increased grain shipments helped halt a decline in domestic prices, analysts said.Consultancy IKAR said that, by the end of last week, export prices for wheat with 12…
European wheat futures in Paris rose on Monday, recovering from a sharp fall on Friday, as big importer Algeria issued a wheat purchase tender and hopes for a Black Sea peace deal faded.Export-boosting euro weakness also supported.Benchmark…
Russia's Baltic Sea ports boosted their annual capacity to handle grain exports to 23.5 million metric tons in October from 8.6 million tons in July, a senior Russian Railways executive estimated.Russia and Ukraine, both major grain producers and exporters…
French soft wheat exports to Morocco are expected to drop in the current 2026/27 season after improved rainfall boosted the North African country's domestic harvest, industry officials said on Tuesday.France exported 3.5 million metric tons…
Euronext wheat rose on Monday to reach three-week highs as a falling euro, continuing war disruption to Black Sea shipping and a large purchase by Saudi Arabia supported prices, traders said.Benchmark December milling wheat on the Paris-based Euronext ended the daytime trading session at 1630 GMT…
Euronext wheat rose on Thursday to a one-week high as a slide in the euro and news of a Saudi tender boosted export sentiment, traders said.Benchmark December milling wheat BL2Z6 on Paris-based Euronext settled 1.3% up at €239 ($268.11) a metric ton after the day session…
Grain consultancy Sovecon said on Wednesday it had cut its forecast for Russia's 2026/27 grain exports to 44.7 million metric tons, down from 49.4 million tons seen earlier, warning that Azov and Black Sea ports will remain shut until 2027.Both Russia…
Russia could quickly restart up to 80% of its grain terminal capacity in the Black Sea and Sea of Azov if diplomatic efforts to halt mutual attacks by Russia and Ukraine result in a ceasefire, a Reuters analysis of industry data showed on Friday…
Fewer countries are buying Russian wheat after attacks by Russia and Ukraine in the Black Sea have kept a key export route closed since July, data from the Russian Grain Union lobby group showed on Wednesday.The data showed that only eight countries bought wheat from Russia…
Euronext wheat was little changed on Tuesday as traders assessed diplomatic efforts to reduce attacks in Russia's war with Ukraine while factoring in a weaker euro against the dollar.December wheat on Paris-based Euronext settled unchanged on the day at €243…
Euronext wheat rose on Monday as the latest attacks in Russia's war with Ukraine cooled hopes for an upturn in Black Sea exports while optimism about a US-China summit this week lifted Chicago grains, traders said.December wheat on Paris-based…