Traders union raises Ukraine 2023 combined grain/oilseed crop forecast to 76.8 mln T

Ukrainian grain traders union UGA has increased its 2023 combined grain and oilseed crop forecast for Ukraine by almost eight million metric tons to 76.8 million tons, the union said on Thursday. The harvest is likely to include 26.9 million tons of corn, 20.2 million tons of wheat, 5.2 million...

https://www.hellenicshippingnews.com/traders-union-raises-ukraine-2023-combined-grain-oilseed-crop-forecast-to-76-8-mln-t/

Wheat jumps over 2% on Black Sea port attacks, set for weekly decline

Chicago wheat jumped more than 2% on Friday with attacks near a key Russian grain port in the Black Sea region triggering fresh concerns over global grain supplies, although the market is set for a weekly decline. Corn and soybeans rose with forecasts for cool and wet weather conditions in the U.S....

https://www.hellenicshippingnews.com/wheat-jumps-over-2-on-black-sea-port-attacks-set-for-weekly-decline/

EU warns that Russia seeks to create dependencies through cheap grain

The EU has warned developing countries and the Group of 20 (G20) members that Russia is offering cheap grain “to create new dependencies,” Reuters reported on Aug. 3, citing a letter it has obtained. “As the world deals with disrupted supplies and higher prices, Russia is now approaching vulnerable...

https://www.hellenicshippingnews.com/eu-warns-that-russia-seeks-to-create-dependencies-through-cheap-grain/

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