11 Articles
11 Articles
Wheat futures fell to their lowest values since August. Large stocks and adaptation of importers mitigate the impact of threats to Black Sea exports.
Wheat prices rose with renewed strikes between Russia and Ukraine and growing fears of disruption of exports of the Black Sea, while crop prospects among other producers limited gains, amid a reduction in United States estimates of world wheat trade.
Attacks on commercial ships and operating restrictions on the Black Sea keep the export capacity of Ukraine and Russia limited, although international quotations show a moderate reaction.The lack of a sustained recovery in US exports and the possibility that Russia will quickly restore some of its shipments to a possible truce limit the potential bulldozer on the market.
Attacks on merchant ships threaten grain exports. Millions of tons of wheat are still waiting for transport.
Attacks on ships slow trade in the Black Sea. Why the grain market moves and also means opportunities for farmers.
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