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• Wheat Futures Inched Higher; Russian FOB Spiked on Improved Demand
• Wheat Exports Estimate Raised on Stronger Demand
• Ruble Wheat Market Flat; Sunflower Spikes Again
• Russian Farmers Begin Spring Planting
• Total exports fall below last year’s level
• Russia continues to ramp up wheat shipments to Egypt
• Russian wheat export forecast for 2024/25 season lowered amid extremely slow pace
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.
Why is #wheat up sharply today?
A serious cold snap could hit key Russian and US growing regions next week.
More: https://sizov.report/reports/25451/?utm_campaign=feb14
#oatt #sizovreport #agwx
#wheat #oatt
Kansas got mentioned, so a fast report from central ks. Currently snow is moving more horizontally (wind) than staying on the ground. Currently little snow cover.
One email every Monday on key events in the Black Sea from Andrey Sizov
