Food for Peace Program Begins Wheat Shipment to Kenya
The Transportation Institute (TI), representing U.S.-flag American shipping companies, joined farmers, millers, longshoremen, merchant mariners, the U.S. Department of Agriculture, and the World Food Programme (WFP) at the Port of New Orleans to mark the latest Food for Peace shipment of grain bound for Kenya. The U.S.-flagged LIBERTY GRACE loaded 28,420 metric tons of Louisiana Rice in New Orleans. The vessel will take on wheat in Houston before departing with enough food to feed more than 1 million people facing hunger for an entire year.
Ukraine Explores Alternative Grain Routes
Alternative grain export routes from Ukraine will reach required capacity at the end of August at the earliest, its agriculture minister said, warning they would cover only half of volumes handled by Black Sea ports disrupted by Russian attacks.Russia has intensified missile and drone attacks on foreign-flagged civilian vessels in the southern Odesa port hub, which handles most of Ukraine's grain shipments.The situation endangers exports of around half of this year's grain and oilseeds forecast total…
CBOT Wheat Prices Rise As Russia, Ukraine Conflict Threatens Exports
Chicago Board of Trade wheat futures rose on Monday, reversing earlier weakness on fears that intensified fighting between Russia and Ukraine would further disrupt Black Sea exports.Corn and soybean futures turned higher, though prices remained under pressure as crude oil tumbled on prospects for a deal between the U.S. and Iran, along with a spate of recent rainfall across parts of the U.S. Midwest.Corn futures ticked higher on support from the wheat market, where a technical bounce was also bolstered by a spate of weather worries…
Russian Grain Lobby Warns Black Sea Attacks Threaten Grain Security
Russia's main grain lobby group warned on Friday that Ukrainian drone attacks on Russian ships and ports could shut down grain exports via the Black Sea in the near future, pushing up prices and causing hunger in Africa and the Middle East.Russia, the world's largest wheat exporter, and Ukraine, also a major agricultural exporter, have been attacking each other's agricultural export facilities and commercial vessels in the Black Sea area in recent weeks.Russia's Union of Grain…
Russian Wheat Export Prices Soar Amidst Escalating Hostilities
Russian wheat export prices surged last week amid difficult shipping conditions in the Black Sea and a new wave of attacks in the Strait of Hormuz, analysts said on Monday.Forecasts for July wheat shipments from Russia continued to fall, even as domestic wheat prices declined sharply across all regions this week, they added, noting that weak demand at the Azov Sea and Volga terminals was impacting domestic prices.Shipping from Russia’s shallow-water ports on the Black Sea has remained restricted “for safety reasons” since July 10 amid drone strikes in the wider area…
Russian Wheat Prices Spike on Shipping Difficulties
Russian wheat export prices rose last week as weather conditions continued to seriously hamper shipments from the country's southern ports, analysts said.The price of Russian wheat with 12.5% protein content for free-on-board (FOB) delivery in the second half of March was $233.0 a metric ton at the end of last week, up $2 compared to the previous week, said Dmitry Rylko, head of the IKAR consultancy.Weather conditions significantly limited shipments from Russia's southern ports in January.
India OKs Ag Exports to Placate Farmers
India's on Friday allowed the export of 2.5 million metric tons of wheat and an additional 500,000 tons each of wheat products and sugar, as the world's second-biggest producer of both commodities seeks to support local growers amid protests over a trade deal between New Delhi and Washington.On Thursday, thousands of farmers staged demonstrations, alleging the government had compromised their interests under the interim U.S.-India trade framework, though the trade minister said safeguards were in place.Announcing the decision in a statement, the federal government said the aim was to stabilise
EU Soft Wheat Exports for 2025/26 Down 5%
European Union soft wheat exports so far in 2025/26 are down 5% from the same week last year, though this season's volume lacked two days of figures for the latest week, the European Commission said on Tuesday.EU soft wheat exports since the start of the 2025/26 season in July had reached 9.19 million metric tons by November 21, compared with 9.69 million a year ago, the Commission said in a weekly report.However, due to a technical issue at the data source, the report included figures only up to last Friday…
Russia Ships Less Wheat to Mexico in 2025 at 58,000 Tons
Russia, the world's largest wheat exporter, has shipped 58,000 metric tons of food-grade wheat to Mexico from its western port of Kaliningrad this year, the local agricultural safety watchdog said on Monday, a significant slowdown from 2023 and 2024.Russia is aiming to diversify its grain exports beyond its traditional Middle East markets, targeting new ones in Latin America, Asia and Africa through its expanding grain terminals in the Baltic Sea.The Kaliningrad food safety watchdog said it inspected the wheat destined for Mexico between January 1 and November 5…
Chicago Wheat Rises Amidst Black Sea Security Deal Uncertainty
Chicago wheat futures were hesitant on Wednesday after Russia said that a number of conditions must be met before a Black Sea security deal with Ukraine can be activated, further questioning the agreement's impact on exports from the region.However, prospects that the deal would pause attacks at sea and on energy targets, along with favourable weather in the Black Sea region continued to pressure prices.The most-active wheat contract Wv1 on the Chicago Board of Trade (CBOT) was down 0.2% at $5.42-1/4 a bushel as of 1257 GMT.
Record Indian Wheat Harvest will not seen Benefit Global Supplies - BIMCO
“India is heading for the highest wheat harvest on record of 112 million tons this spring. However, exports will likely be limited in the coming year as the country is still recovering from last year’s poor harvest and is expected to focus on rebuilding its own wheat inventories,” says Filipe Gouveia, Shipping Analyst at BIMCO.During the past year, the Indian government has struggled to combat high domestic wheat prices and securing local food availability. A wheat export ban…
Ukrainian Ship Loaded with Wheat Arrives to Lebanon
A Ukrainian ship loaded with 11,000 tonnes of wheat has arrived at the port of Tripoli in northern Lebanon on Tuesday, the state news agency NNA reported.The Golden Bird ship has started unloading its cargo, the agency quoted the port director Ahmed Tamer as saying, adding that another Ukrainian wheat ship, Princess Mariam, had unloaded a cargo of 7,000 tonnes of wheat in Tripoli port on Feb. 28.Princess Mariam, which had arrived from Ukraine's Mariupol port, will return to Tripoli with a new wheat cargo, Tamer added without setting a date for its return.Both ships left Ukraine shortly before the Russian invasion, Tamer told NNA on Feb.
BIMCO: U.S. Coarse Grain "Madness" Triples Ton-Mile Demand
Record high US seaborne exports of coarse grains in March of 9.2 million tonnes took total Q1 exports to 21.3 million tonnes. This is the highest ever first quarter on record and a 120% increase from Q1 2020.Of the total 21.3m tonnes exported so far this year, 68%, or 14.6m tonnes, have gone to Asia, an increase of 208.7% from Q1 2020. For years, the trade war has lowered US exports to China, but exports are now rebounding with a vengeance and China becoming the largest buyer of US coarse grains.
