In the 24 hours that 0% Export Tax was in effect, 19.5 MMT of Grain and By-products were booked, according the following companies: #soybean#corn#wheat#vegoils#oilseeds
Great win in the dying minutes by the wallabies. Left alot of points on the board turning down 3 pointers and TMO involvement. Onwards to the lions. #ausvfij
🇷🇺Here is the precipitation situation in Rostov, one of #Russia's key winter #wheat producing regions - virtually no rain in two months plus abnormally warm temperatures. Easy to see why winter wheat planting is not going so well. Forecast isn't too favorable, either.
Biggest ever one-week drop in cost of shipping a container from Shanghai to New York. Since hitting a July peak below $6000 pr 40ft box, the Drewy global #container#shipping index has seen a sharp reversal, slumping 13% this past week alone to $4168, slowing the YTD advance to 36% while the YOY remains elevated at 167%. The latest weakness driven by steep declines on the Shanghai to Rotterdam (-17%) and NY (-21%) routes, the latter being the largest one-week drop on record.
Russia’s IKAR agricultural consultancy lowered its estimate for Russia’s #wheat crop to 86 million tonnes from 91 million tonnes. Wheat exports also decreased to 47 million tonnes from 50.5 million tonnes. → https://t.co/6Y4wJ6lVej
#agriculture#agribusiness#grain
Due to adverse weather conditions related to El Niño, the Foreign Agricultural Service of the US Department of Agriculture has lowered its forecast for #corn and #wheat production in #Brazil in marketing year 2023-24. → https://t.co/g2Rl2QuQ4H
#agriculture#agribusiness#grain