Cereals - Incubator

World wheat prices vary: they have risen in Chicago, while changes are also observed in Kansas and Minneapolis. Prices for rice, corn, and barley are also fluctuating.

Russian export prices for grain are also changing: wheat has increased, barley has decreased, and corn has risen. Domestic purchase prices for wheat in Russia have decreased. New customs duties will be reduced from July 20.

The Grain Association has selected 13 countries for direct supplies of Russian grain products without intermediaries. The decision was made on October 11, 2024.

Partners of the association bear responsibility only in case of a long-term agreement.

In Bulgaria, low-quality sunflower is grown, which creates problems for local oil producers. The situation is further complicated by the high content of harmful substances in corn. The yield has decreased due to drought, which will lead to a decrease in oil production.

In Kazakhstan, sunflower crops have reached maturity, and harvesting has begun. Soybean and cotton crops are ripening, sunflower is being harvested. Harvesting of grain crops in the north is favorable. In the southeast, winter wheat is sown, and the grain is sprouting.

Prices for sunflower seeds in Russia are rising due to low yields and increased demand. Manufacturers note small seeds with less oil content, which also affects prices. Experts do not expect a sharp increase in prices in the future.

The Ministry of Agriculture and the American agricultural department confirm the yield forecasts. Sunflower harvesting in southern Russia has begun, and prices are expected to stabilize.

"Demetra Trading" has purchased the "Nash Soyuz" elevator in the Oryol region. Plans include modernization, increasing grain processing and flour production. The complex consists of 10 silos, a dryer, receiving lines, and a milling complex. Upgrades to the railway infrastructure are planned.

Alebor Group has successfully completed the harvest of sunflower and corn. Sunflower was harvested from 1.35 thousand hectares with a yield of 3.47 t/ha, while corn was harvested from 1.748 thousand hectares with a yield of 8.84 t/ha. The company's team is proud of the results and is preparing for the next season.

Specialists recommend preparing the vineyard for winter: remove fallen leaves, provide watering and pruning, apply fertilizers, cover from frost, monitor pests, and check the irrigation system. This will help successfully survive the winter and preserve the harvest.

LLC "Northern Garden" is planning to hold various events in a special pavilion and organize tours with the sale of its products. Tourists are not allowed to wander around the garden, but a section with berries will be allocated for city residents. The company also cooperates with students to increase the yield. Grants for agritourism are aimed at developing berry cultivation.

The Republic of Tatarstan has increased its exports of grains and oilseeds by 12.6% to 166.9 thousand tons in the first 9 months of 2024. The exports reach 17 countries, including Mongolia and China, due to the high quality of the products confirmed by the grain quality laboratory.

Sunflower meal remains popular in Belarus and Azerbaijan.

Quotations on commodity exchanges on 23.09.22:

Corn -11.50 ¢/bsh, soft wheat -30.25 ¢/bsh, hard wheat KCBT -29.00 ¢/bsh, hard wheat MGE -28.50 ¢/bsh, oats -22.00 ¢/bsh, rough rice -0.01 usd/cwt.

World wheat prices fluctuated: CBOT fell to 803.25 cents/bushel, KCBT dropped to 934.25 cents/bushel, MGE rose to 951.50 cents/bushel.

Prices for corn and rice increased. Russian prices have also changed. Grain exports continue to grow.