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• Wheat Higher on Funds Buying and Poor Russian Crop Conditions
• Russian December Wheat Exports Expected to Drop Below Average
• Wheat and Sunflower Prices Lower in Rubles
• Limited Snow Cover but Warmer Temperatures for Russian Winter Wheat
• 2024 corn crop estimate upped on improved yields
• 2025 wheat crop to exceed 2024 on good crop conditions
• 2024/25 exports estimate increased; minimum price regulation started
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.
One email every Monday on key events in the Black Sea from Andrey Sizov