Reading Time: 3 minutes Russian wheat supplies to Syria have been suspended because of uncertainty about the new government and payment delays, Russian and Syrian sources said on Friday, while two vessels carrying Russian wheat for Syria did not reach their destinations.
Russian grain exports to Syria suspended due to uncertainty
CBOT Weekly: U.S. election drags down soybeans
Reading Time: 2 minutes Results from the United States election pulled down soybean prices at the Chicago Board of Trade during the week ended Nov. 13, 2024.
Prairie Wheat Weekly: Spring wheat bids rise, durum down
Reading Time: 2 minutes Spring wheat bids in Western Canada were slightly higher than the week before on Nov. 7, 2024. Meanwhile, durum prices were a bit lower.
CBOT weekly outlook: Trio of events loom over U.S. soybeans, corn
Reading Time: 2 minutes The trade's initial reaction to the re-election of former United States President Donald Trump was bearish for soybeans and corn on the Chicago Board of Trade on Nov. 6. Meanwhile, the U.S. Federal Reserve's interest rate announcement on Nov. 7 and the U.S. Department of Agriculture's supply and demand report on Nov. 8 are likely to have a bullish effect on those commodities, said Allendale Inc. president Steve Georgy.
Ukrainian grain exports to fall in 2024/25: USDA attaché
Reading Time: < 1 minute Ukrainian grain exports are expected to be down in the 2024/25 marketing year due to smaller crops, tighter carryout stocks and the ongoing challenges of shipping through the Black Sea, according to the United States Department of Agriculture’s Foreign Agricultural Service in Kyiv.
Russia’s proposed grain exchange for BRICS countries may take years to launch
Reading Time: 2 minutes Russia's proposal for a new international grain exchange could take years to get off the ground even though the plan was welcomed by members of the BRICS group of countries at a summit this week in Kazan in Russia.
Feed Grain Weekly: Less activity before corn deliveries
Reading Time: 2 minutes Despite a lack of activity in the feed grain markets, prices for feed barley and feed grain are trending lower, according to a grain broker from Edmonton.
U.S. grains: Grains, soybeans ease after rallies on weather and Middle East instability
Reading Time: 2 minutes Chicago | Reuters — Chicago wheat and corn futures dipped on Thursday on technical trading after surging to June highs this week. Wheat had climbed to a 3-1/2-month peak as traders monitored drought in the important Black Sea region and signs of possible Russian export caps. Corn exceeded a three-month peak on Wednesday, underpinned by […] Read more
China to grow more corn in 2024/25
Reading Time: < 1 minute Corn production in China is expected to increase to 293 million tonnes in 2024/25, said a report from the United States Department of Agriculture attache in Beijing, with improved yields overriding a slight reduction in harvested area.
Fund traders add to bearish bets in canola
Reading Time: < 1 minute Managed money fund traders added to their large net short position in canola in early September, while profit-taking saw a reduction in the bearish bets for soybeans and corn in Chicago, according to the latest Commitments of Traders report.
A message from April Stewart, Country Guide's Associate Editor
