Price: €11.00
Member Price: €0.00

Cereals daily: exporters in Russia desperate to ship

January 29, 2021 at 9:58 AM , Der AUDITOR
Play report as audio

CHICAGO/PARIS. Exporters in Russia are desperate to ship before the new export tariffs apply. The Euronext has issued a new wheat future from Ukraine. China has stepped up purchases in the corn market.

New Euronext Ukraine wheat futures

Euronext has launched Ukraine Black Sea wheat futures in partnership with the media organisation Argus. The futures are cash-settled and based on daily Argus Ukraine wheat price assessments. Exporters in Russia are, meanwhile, desperate to ship before the new export tariff of EUR 25/mt applies for wheat as of 15 February. The tariff will be lifted to EUR 50/mt on 1 March. As many as 70 ships are waiting to be loaded in the Sea of Azov, which is connected to the Black Sea. 

View related articles

Go to the News Overview
Grains
Apr 16, 2025
LIMA/SUCRE. The quinoa harvest in Peru and Bolivia is expected to gain momentum at the end of April, and the prospects are certainly positive. Demand in the EU is also increasing noticeably, and the two South American countries are the most important suppliers here.
Grains
Apr 1, 2025
KYIV/DALIAN. Low demand is causing buckwheat prices in the Chinese market to fall again. In Ukraine, the acreage is expected to be lower than originally anticipated.
Grains
Apr 1, 2025
KYIV/DALIAN. Farmers in Ukraine have started sowing the spring crop. However, the millet acreage is expected to be even smaller than previously assumed.
Grains
Mar 5, 2025
DALIAN/KYIV. Chinese market players are keeping an eye on sowing for the coming crop. In Ukraine, lower acreages are expected from the outset.