Ag Trade: Turkey Negotiates With Moscow, Kyiv to Open Grain Export Corridor May 28, 2022

🕔May 28, 2022
Alistair MacDonald, William Mauldin and Ann M. Simmons reported in today’s Wall Street Journal that, “Russia is open to easing its blockade of Ukraine’s ports along the Black Sea if sanctions on Moscow are lifted, […]

Global Markets: Wheat – Trade in Flux Amid Russia-Ukraine Conflict Mar 11, 2022

🕔Mar 11, 2022
The conflict in the Black Sea has disrupted the flow of grains from the region and caused great uncertainty in global grain trade. Ukraine has suspended port operations for commercial […]

Global Markets: Cotton – Turkey Textile, Product Exports Spur Record Consumption Feb 12, 2022

🕔Feb 12, 2022
Turkey’s 2021/22 cotton consumption is forecast at a record 8.5 million bales and use is expected to grow more than 10 percent, well above the 3 percent consumption growth forecast […]

Global Markets: Cotton – U.S. Shipments Lag as Disruption of Seasonal Patterns Continues Jan 15, 2022

🕔Jan 15, 2022
The most recent Export Sales Report shows that total commitments for 2021/22 (accumulated exports plus outstanding sales, OS) relative to forecast exports of 15.0 million bales for the 2021/22 marketing […]

Global Markets: Oilseed – U.S. Soybean Oil Premiums Evaporate on Lower Demand Oct 15, 2021

🕔Oct 15, 2021
U.S. soybean oil prices at the Gulf peaked at nearly $500/ton above South American port quotes in mid- June but fell precipitously in July and August. However, premiums have risen […]

Global Markets: Oilseeds – Lower Sunflower Seed Production in Ukraine, Russia Tightens Global Supplies Nov 11, 2020

🕔Nov 11, 2020
Dry weather has reduced sunflowerseed yields in Ukraine and Russia, leading to a combined 1.5-million-ton decline in the projected output this month. From the initial forecast in May, combined production […]

Global Markets: Coarse Grains – Turkey’s Corn, Barley Balance Sheet Revised Nov 11, 2020

🕔Nov 11, 2020
Turkey’s balance sheets for corn and barley are revised in the Production, Supply and Distribution (PSD) database to incorporate the revisions by the Turkey Statistical Institute (TSI). In October, the […]

Global Markets: Rice – Iraq Increases Reliance on India Nov 11, 2020

🕔Nov 11, 2020
Iraq is a key Middle Eastern rice importer and is the only country in the region to source substantial quantities from both Asian and Western Hemisphere suppliers. However, this year, […]

Global Markets: Wheat – Turkey’s Govt. Eliminates Import Taxes as Domestic Prices Surge Nov 11, 2020

🕔Nov 11, 2020
To combat food-price inflation, a Presidential Decree was issued in October that eliminates Turkey import taxes on wheat, corn, and barley. By reducing tariffs on wheat from 45 percent to […]

Global Markets: Wheat – Philippine Imports Surge While Duties Implemented on Turkish Flour Jul 10, 2020

🕔Jul 10, 2020
The Philippines is currently the world’s third largest wheat importer, with demand for wheat flour and milling wheat nearly doubling in the last decade. Its expanding population, coupled with increasing […]

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