US wheat exports are below average so far this month, registering a daily pace of 29,770 Mt/d. That is down 49% from July, and 57% lower than the same month a year ago. Exports are 687,166 Mt on an absolute volume basis, which is down sharply from the 2.14mn Mt exported a year ago. The …
Tag Archives: Russia
Grains Market Clipps 8.13.2021
It is still early in the month, but daily discharge rates of wheat in the Middle East and North Africa are showing seasonal strength. The region’s wheat imports are running at a pace of 66,437 Mt/d so far, which is up 93% from July. The pace for the month is down 26.8% from the same …
Grains Market Clipps 8.11.2021
Between 2018 and 2020, Russian wheat exports reached their lowest point of each year during the month of June, and were followed by strong rebounds in July and August. This year, however, a low point was reached in May at 219,069 Mt, and was followed by a rebound to 1.49mn Mt in June. The rebound …
Grains Market Clipps 7.27.2021
Russian wheat exports are maintaining the generally downward trend that’s been in place since September, when they peaked at 129,157 Mt/d. The pace this month is currently 37,787 Mt/d, and down 63% from the same month a year ago. Exports typically reach a bottom in June before rebounding sharply in July, but are also down …
Grains Market Clipps 7.23.2021
Middle East and North African wheat discharges usually fall in June and July, before rebounding sharply in August. That pattern has held again this year, with 908,865 Mt offloaded so far this month. That is equal to a rate of 41,158 Mt/d, and is down from 38,870 Mt/d discharged in June. It is also slightly …
Grains Market Clipps 7.16.2021
Ukrainian wheat exports are currently on a pace of 12,983 Mt/d this month, which is down a sharp 61% from June’s 33,621 Mt/d. The decline is counter to the trend in each of the last two years, where exports rose by nearly 800%. Russian exports show a similar trend, with this month’s loadings down 61% …
Grains Market Clipps 6.24.2021
Russian wheat exports are up sharply so far this month, at 49,193 Mt/d. Volumes are increasing on the prospect of an improving crop and better weather conditions. Russian exports were 8,540 Mt/d in the same month a year ago and 15,779 Mt/d in June 2019. Meanwhile, the US wheat crop condition is deteriorating, with 49% …
Grains Market Clipps 6.16.2021
Russian wheat export prices have fallen slightly recently, based on an improved outlook for the upcoming harvest. That could help to boost the normal surge in wheat loadings, which usually takes place in July. Russian loadings are 11,191 Mt/d so far this month, which is up from 6,575 Mt/d in May. Last year, loadings surged …
Grains Market Clipps 6.15.2021
At the half-way point of the month, wheat discharges in the Middle East and North Africa regions are 39,154 Mt/d so far, which is -10% from a year ago. Egypt offloaded 9,674 Mt/d to date, which is down from 15,408 Mt/d in June last year. Some countries are discharging more than last year, however, including …
Grains Market Clipps 6.11.2021
Corn exports from Ukraine and Russia have tracked closely to year-ago levels recently. Loadings were 67,195 Mt/d in May, and down slightly from the 69,564 Mt/d loaded a year ago. China receives the bulk of the corn from the two countries, followed by the Netherlands, Spain and Egypt.