The Sierra Leone-flagged grain ship Razoni leaves the sea port in Odesa amid Russia’s attack on Ukraine, August 1, 2022. It was turned away by its buyer in Lebanon on August 9, citing delayed shipment to its previously agreed upon terms.

Comment: Ukraine’s grain exports, crop still must prove themselves

There’s potential for a lot of grain movement, but many risks remain

Reuters – The volume of grain Ukraine will have available for export over the coming year and whether those shipments can run smoothly remains to be seen, though optimism has increased with the first sea departure of a grain vessel since Russia’s invasion. Estimates across the industry vary on harvest potential, but there are suggestions,

CBOT November 2022 soybeans (candlesticks) with 20-, 50- and 100-day moving averages (yellow, brown and dark green lines). (Barchart)

U.S. grains: Soy dives on China’s economic uncertainty

Improved outlook for Ukraine exports weighs on grains

Chicago | Reuters — Chicago soybeans fell on Monday, pressured by forecasts for beneficial rainfall in parts of the U.S. Midwest and unexpected data from China that suggested declining demand for U.S. agricultural commodities from the country. The People’s Bank of China cut key interest rates on weaker-than-expected economic data from the world’s second-largest economy,


The USDA building in Washington, D.C. (Art Wager/iStock/Getty Images)

Wheat, soybeans buck expectations in USDA report

Soy ending stocks figure adjusted higher

MarketsFarm — Projected average yields and production for wheat and soybeans for 2022-23 went against many analysts’ expectations, according to the U.S. Department of Agriculture (USDA). USDA released its monthly world agriculture supply and demand estimates (WASDE) on Friday, which surprisingly showed upward revisions for average yields and production despite pre-report estimates showing the opposite.

CBOT September 2022 wheat (candlesticks) with 20-day moving average (green line), MGEX September 2022 spring wheat (yellow line) and K.C. September 2022 hard red wheat (orange line). (Barchart)

U.S. grains: Corn, wheat futures extend gains on crop risks

Wheat market also weighs prospects for more Ukraine exports

Chicago | Reuters — Chicago Board of Trade corn and wheat futures rose on Wednesday, as hot, dry weather in parts of the U.S. and Europe kept attention on harvest risks, while soybeans settled lower after notching contract highs. Traders also adjusted positions ahead of the U.S. Department of Agriculture’s (USDA) monthly supply and demand





CBOT December 2022 corn (candlesticks) with 20-, 50- and 100-day moving averages (yellow, orange and green lines). (Barchart)

U.S. grains: Corn, soybeans slip after Midwest rains

Traders looking ahead to USDA report on Friday

Chicago | Reuters — U.S. corn and soybean futures eased on Monday as improved weather in parts of the U.S. Midwest’s farm belt boosted harvest prospects for crops stressed recently by high temperatures and dryness. Chicago Board of Trade wheat firmed as the dollar softened, although gains were limited by improving prospects for exports from