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• FOB grain prices higher, domestic market mixed
• Traders’ lobby criticize wheat export tax proposal
• Domestic grain market faces tough choice before 2021
• Sunoil and oilseeds markets on fire
• Exports reached a record pace
• AgMin proposes export quota, grain consumers want a tax on wheat
• Egypt returns to first place among wheat buyers, Turkey is #2, and Pakistan is #3
• Grain and wheat exports estimates up, barley and corn – down
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.
