Over the past week, wheat, corn, and soyoil futures increased in Chicago. Nearby soybean contracts increased, while longer-term contracts declined, and soymeal futures fell. In Paris, wheat, corn, and rapeseed futures also rose.
During the week starting on December 11, 2024, Russia's export tax for wheat will be 4,781.5 rubles/ton (previously 3,696.3), the export tax on barley will be 2,229.1 rubles/ton (previously 1,767.7), and the export tax on corn will be at 4,513.2 rubles/ton (previously 4,127).
Yesterday, wheat, corn, soybean, and soyoil futures rose in Chicago, while soymeal futures declined. In Paris, wheat, corn, and rapeseed futures increased.
According to an IKAR forecast, Russia's 2024 sunseed production will total 15.8 million tons (compared to 17.4 million in 2023), rapeseed production is epxected at 4.7 million tons (up from 4.2 million), and soybean production is projected at 6.9 million tons (up from 6.8 million).
Yesterday, wheat and soymeal futures in Chicago increased, while corn, soybean, and soyoil futures declined. In Paris, wheat and corn futures moved in opposite directions, while rapeseed futures fell.
Yesterday, wheat, soybean, soymeal, and soyoil futures in Chicago increased, while corn futures decreased. In Paris, wheat, corn, and rapeseed futures rose.
