Market News
Stay updated with current crop prices, market trends, trade insights, and the impact of political and economic factors on the agriculture market.
US Crop Progress Report 2024: Corn and Spring Wheat Thrive, While Soybeans and Winter Wheat Struggle
The USDA’s latest weekly report highlights contrasting fortunes for major US crops amid variable weather conditions. While corn and spring wheat show...
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Russia Slashes Wheat Export Duty: Opportunities and Implications for Global Agriculture
Starting July 2, 2024, Russia’s wheat export duty will drop 4.4 times, from 248.3 rubles to just 56.3 rubles per ton, according to...
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Russian Wheat Prices Hit Seasonal Low: What It Means for Farmers and Global Markets
According to Forbes, citing the analytical center SovEcon, Russian wheat prices in deep-water ports fell to $209 per ton in early June—a $1 drop per...
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China’s Hesitation on Russian Winter Wheat and Barley: Market Barriers and Global Trade Shifts
Russian Agriculture Minister Oksana Lut recently addressed the challenges in gaining Chinese market access for Russian winter wheat and barley,...
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Strong Start to Summer Wheat Procurement: Policy Support Ensures Smooth Sales for Farmers
According to the latest data from China's National Food and Strategic Reserves Administration (June 13), over 17 million tons of summer wheat...
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Rice Glut in Krasnodar: Falling Prices, Export Challenges, and the Future of Russia’s Rice Industry
As of early June, Krasnodar Krai—Russia’s key rice-producing region—holds 300,000 tons of unsold rice and rice groats, according to Igor Lobach,...
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Wheat Farming in Crisis: Voronezh Farmers Face 244% Profit Drop as Export Duties Bite
Farmers in Russia’s Voronezh Oblast, a key grain-producing region, are facing a financial crisis as wheat cultivation has turned from modestly...
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Title: “China’s Corn Craze: Russia’s Agricultural Export Boom and What It Means for Global Trade”
In a dramatic shift in global grain trade, Russia has exponentially increased its corn exports to China, reaching 90 times previous shipment...
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Corn Sowing in Predgorny District: High Hopes for a 54,000-Ton Harvest
Agricultural producers in Predgorny District, Stavropol Krai, have begun sowing corn across planned areas of nearly 17,000 hectares, with 7,000 hectares already...
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China’s Sudden Wheat and Barley Buying Spree: What It Means for Global Agriculture
Over the past few weeks, China has made significant moves in the global grain market, securing between 400,000 to 500,000 tons...
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