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 8.10.2021

Ukrainian wheat loadings usually begin to pick up in July. Although this year is following that pattern, loadings have been slightly below normal. July wheat loadings rose 25% compared to June to reach 1.33mn Mt, but were 26.5% below July last year. This month’s loadings total 1.12mn Mt, with two-thirds of the month left to …

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 6.15.2021

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 …