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Weekly Global & Russian Market Commentary
• Wheat Futures Mixed; FOB Values Lower
• Russian June Wheat Export Estimate Cut
• Ruble Wheat Prices Mixed; Sunflower Higher on Strong Demand
• Weather Favorable for New Russian Crop
Ukraine crop and S&D update
• 2026 Crop Estimates Raised on Favorable Weather and Higher Corn Area
• 2026/27 Export Forecast Raised Again; 2025/26 Pace Remains Sluggish
Hi, I am Andrey Sizov
I am the Managing Director of SovEcon, a leading firm focused on the Black Sea agricultural markets research. For 27 years we have been forecasting crops and exports, assesing stocks and consumption and looking at other key price drivers. Every day we talk to farmers, traders and officials gathering market intelligence and sorting out the market noise.
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Cuidado al festejar los precios actuales de la urea. "En realidad, las preocupaciones sobre los fertilizantes no han terminado, sus precios aún están lejos de haberse estabilizado. Estamos en una época del año en la que la demanda suele ser menor".
El aceite de palma es el más consumido a nivel global, y compite con los de soja y girasol. Va a tener una temporada complicada. La seca que propone El Niño puede recortar su producción en Malasia, en tanto Indonesia estatizó las exportaciones. Son los líderes de este mercado...
“Forget Hormuz, ferts are cheap again.”
Not really.
CRU’s latest charts show fertilizer and raw material prices are still far from comfortable across several markets. And this is happening in a part of the calendar that usually sees softer demand.
#fertilizer #oatt