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 6.2.2021

Argentinian exports of corn, wheat and soybeans fell 20,341 Mt, or 16%, in May versus to April. The drop compares to an increase of 6% in the same month a year ago. Corn accounted for the bulk of the decline, with exports falling by 33,568 Mt on the month. That was countered by an increase …