16.
12.21
06:23

Wheat is increasing due to Russia's possible reduced export quota

US wheat prices rise this morning as it became known that Russia, the world's largest wheat exporter, may cut its export quota to secure domestic supplies in the face of food inflation.
Russia is considering slightly reducing its wheat export quota from the previously planned 9 million tons, five sources familiar with discussions between officials told Reuters on Wednesday.
Argentina will cut export taxes on soybeans, corn and wheat, but only if they are organic products, which currently only make up a small part of the large grain producer's harvest.
Argentine farmers have sold 35.7 million tons of soybeans from the 2020-21 season after selling 327,800 tons last week, the Department of Agriculture said on Wednesday in a report that included data as of December 8.
Jordan's state grain buyer has not made a purchase in an international tender for 120,000 tons of feed barley that closed on Wednesday, European traders said.
Commodity funds were net sellers of wheat, corn, and soybean meal futures contracts on the Chicago Board of Trade and net buyers of soybean oil and soybean futures, traders report.
Source
Hansa Terminhandel GmbH
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