FTGRG

[Karen Braun @kannbwx]

An important #wheat thread:

The world grew a record wheat crop in 2021/22, but don’t let that deceive you when it comes to actual availability.

You must look at the projected year-end stocks and most critically, the expected demand relative to those stocks, also record high.

[Richard Fontaine @RHFontaine]

Since the invasion began, the scale and rapidity of geopolitical shifts have been astonishing. Already:

[Alan MacLeod @AlanRMacLeod]

[Thread] The most racist Ukraine coverage on TV News.

1. The BBC - “It’s very emotional for me because I see European people with blue eyes and blonde hair being killed” - Ukraine’s Deputy Chief Prosecutor, David Sakvarelidze

[Pedro H Dejneka @PHDChicago]

A quick “Did you know?” on Brazil #soybean exports:

1) Loss of production does not translate 1:1 to loss in exports

2) Despite cut ~ 20 MMTs from potential prod. (150) 🇧🇷 still likely to export ~ 80 MMTs - only 6 MMTs less than ‘21

3) 🇧🇷 🌱cheaper x 🇺🇸 still - CNF into 🇨🇳 👇🏻

[Russian Market @runews]

Shortly on markets closing today

[GRAINS & SOYBEANS @GRAINSOILSEEDS]

Prices probably will go higher tonight on mounting concern over Russian takeover of Ukraine (US State Dept advising all Americans to evacuate Ukraine). Reuters reports any interruption to the flow of grain out of the Black Sea region is likely to have a major impact on prices.

[Karen Braun @kannbwx]

I randomly came across a map the other day showing the size of USA vs. Vietnam. I forgot how big Vietnam actually is! 🇻🇳

So a U.S. grain barge on a long journey might travel roughly the length of Vietnam on its way to the Gulf...

[GrainStats 🌾 @GrainStats]

💯

[Andrey Sizov @sizov_andre]

🇷🇺🇺🇦 We are doing a webinar on December 9 on Black Sea grain markets ($99): crop, exports, prices, RU regulation (higher taxes, really??), 2022 crop outlook.

I'm giving away access to one random person who retweets this. Tks for RT!

More: https://t.co/pC2Ywz0Rdx

#wheat #corn