Reading Time: < 1 minute Sao Paulo | Reuters –– Brazil, the world’s top beef exporter, shipped 1.56 million tonnes of meat abroad in 2014, 3.3 per cent more than it did in 2013, industry association Abiec said on Thursday. Volumes exported were near the 2007 record of 1.62 million tonnes. Beef exports by value were a record US$7.2 billion […] Read more
Brazil exported 3.3 per cent more beef in 2014, industry says
Russian grain exports seen reviving as informal curbs ease
Reading Time: 2 minutes Moscow | Reuters –– Russian grain exports have picked up again after a decision to impose official export duties reduced informal curbs that had all but stopped sales abroad, SovEcon agriculture consultancy said on Saturday. Russia, the world’s fourth-largest wheat exporter, introduced informal grain export controls last week to try and cool domestic wheat prices […] Read more
U.S. grains: Wheat retreats from rally fuelled by Russia export worries
Reading Time: 2 minutes Chicago / Reuters – U.S. grain and soybean futures slumped on Wednesday, with wheat dropping by 4 per cent in a setback from a rally fuelled by concerns over Russian export restrictions. The market extended a retreat from gains last week amid talk that Russia, expected to be the world’s fourth-largest exporter this year, won’t impose grain export duties until Feb. […] Read more
U.S. grains: Corn reaches new five-month high, wheat advances
Reading Time: 2 minutes Chicago / Reuters – U.S. corn futures on Tuesday jumped to a new five-month high for the second consecutive session on increasing global demand and wheat advanced amid uncertainty about the impact of Russian export restrictions. Soybean futures also were firmer in thin volume before the Christmas holiday on Thursday. Nearby March corn futures hit a session high of […] Read more
Russia’s new grain export duty sows confusion
Reading Time: 2 minutes Moscow / Reuters — Russia stiffened its bid to curb grain exports on Monday with plans for a duty on shipments, to defend domestic bread supply against a crumbling rouble. Russia, one of the world’s top wheat exporters to North Africa and the Middle East, has been exporting record volumes of grain this year as […] Read more
Russia adds rail loading to informal curbs on grain exports
Reading Time: 2 minutes Moscow | Reuters — Russia has significantly cut railway loading of grain for export, industry sources said, adding to informal curbs to overseas shipments. Russia, one of the world’s main wheat exporters, is restricting grain exports to try to cool domestic prices as the country tackles a currency crisis linked to plunging oil prices and […] Read more
Russia curbs grain exports to cool domestic prices
Reading Time: 3 minutes Moscow | Reuters — Russia, one of the world’s main wheat exporters, is taking steps to restrict grain exports in an attempt to cool domestic prices, as it tackles a financial crisis linked to plunging oil prices and Western sanctions. In a meeting with grain exporters on Wednesday, Deputy Prime Minister Arkady Dvorkovich said the […] Read more
Russia restricts grain export certificates for some countries, trade sources say
Reading Time: < 1 minute Moscow | Reuters — Russia’s Veterinary and Phytosanitary Surveillance Service (VPSS) has restricted grain export certificates for some countries, three trade sources told Reuters. Russia has been exporting record volumes of wheat this year as a tumble in the rouble makes its grains cheap on world markets. The central bank hiked rates sharply on Monday […] Read more
Russia should limit grain exports via offshore firms, ag minister says
Reading Time: 2 minutes Moscow | Reuters –– Russia should limit grain exports through companies registered offshore, the country’s agriculture minister told TASS news agency, suggesting a possible way the government could curb exports as it has sworn off an embargo. Russia is exporting grains at a record pace this year as a slump in the rouble makes them […] Read more
U.S. grains: Wheat drops as fears fade about Russian export limits
Reading Time: 2 minutes Chicago | Reuters — U.S. wheat futures fell two per cent on Tuesday as Russia denied it was discussing grain export restrictions, while soybean futures rose for the fifth consecutive session on strong export demand. Corn futures advanced as traders adjusted positions ahead of a monthly U.S. Department of Agriculture report on Wednesday. The wheat […] Read more
A message from April Stewart, Country Guide's Associate Editor
