Russian and Ukrainian #wheat exports in July fell to their lowest since 2017

• Limited domestic supply
• Soft demand

We expect demand to recover soon — some large buyers may still be uncovered.

More: sizov.report?utm_campaign...

#oatt #sizovreport #blacksea

?

it was up before the export sales
reversed yesterday, straight after witkoff's visit

on a side note: i also predicted that wheat sales could be above the consensus

All week: “Wheat’s down on HUGE supply.”
Now wheat’s up. Glut gone?

Nope. But the market knew what to expect from Witkoff’s Moscow trip. And we figured it out several days ago.

Now it’s “sell the rumor, buy the fact.”

More here 👉 sizov.report/reports/2726...

#oatt #sizovreport

Domestic #wheat prices spiked in Russia in July 📈—slow crop arrivals are to blame... but trees don't grow to the sky?

More in our market reports: sizov.report?utm_campaign...

(USDRUB = 80.1)

#oat #sizovreport

Ukraine’s #wheat harvest is sharply down YoY due to (unexpectedly!) poor yields.

It appears crops were damaged during the final grain-filling stage in June.

#oatt #sizovreport #Ukraine #agwx

🇺🇦 Ukraine may raise its #wheat forecast to 22.0 MMT (from 21.2), Deputy Economy Minister Vysotskyi said, citing favorable weather.

Strongly disagree.

🌾 Weather is no longer a factor — 60%+ of the crop is already harvested.

📉 SovEcon’s latest estimate: 19.8 MMT.

#oatt #sizovreport #ukraine

where?

#Wheat down week on week on strong USD (and probably something else)...what is that?

#oatt #sizovreport

SovEcon: Russia’s Southern #Wheat Crop May Be Lowest Since 2020.

The South is the #1 wheat-growing and exporting region in Russia

#oatt #sizovreport #russia #blacksea

12.5% food #wheat bids in Russian ports are climbing 📈 as traders chase grain ahead of arriving vessels.

▪️ Prices rose 500 rub/mt WoW to 17,000 rub/mt ($213)
▪️ Farmer sales remain limited, especially in the South
▪️ Quality issues persist—low test weight is common

CBOT September #wheat is hovering near its contract low…

📉 Double bottom bounce coming?
💥 Or are we heading for a $4 handle?

#oatt #sizovreport

Big day for Trump's tariffs tomorrow...

"The Trump administration's trade policy faces a critical test this week as a federal court weighs the legality of its sweeping tariffs.

The U.S. Court of Appeals for the Federal Circuit in Washington, D.C., is scheduled to hear oral arguments on Thursday"

This #wheat chart doesn't look good...

#oatt #sizovreport

Can CBOT #wheat bounce from here?

#oatt #sizovreport

Argentina's Milei cuts export taxes ahead of October midterms 👏👏👏

🔻 #Corn, sorghum: 12% → 9.5%
🔻 #Soybeans: 33% → 26%
🔻 Poultry, beef: 6.75% → 5%
➡️ #Wheat stays at 9.5%

#oatt

what is 354/5?

Russian July #wheat exports are set to drop to their lowest since 2020 - SovEcon

• Soft demand? Likely.
• Harvest and supply disruptions? Absolutely.

What’s next?

Buyers are waking up (looking at you, #Egypt 👀)
BUT new crop flow is improving, and farmers need to sell...

#oatt #sizovreport

you think the seasonal low is not behind us?

"hopes have been justified" already
yields in the center are decent

Russian July #wheat exports are set to drop to their lowest since 2020 - SovEcon

• Soft demand? Likely.
• Harvest and supply disruptions? Absolutely.

What’s next?

Buyers are waking up (looking at you, #Egypt 👀)
BUT new crop flow is improving, and farmers need to sell...

#oatt #sizovreport

USDRUB is sharply up today ahead of an anticipated interest rate cut by the Russian Central Bank this Friday.

📉 Weaker ruble → more Russian #wheat exports

#oatt #sizovreport

Headline: #Wheat rises after Russia trims harvest estimate

Reality: CBOT wheat continues to trade like a DXY proxy

More in Discretionary View Wheat Market Updates for Traders: sizov.report?utm_campaign...

#oatt #sizovreport #russia

Chart: September CBOT Wheat vs Inverted DXY

🇧🇩🇺🇸 Another #wheat memorandum of understanding that may or may not matter...

* Bangladesh agrees to import 700,000 MT of U.S. wheat annually for 5 years
* This comes as Washington gears up for a 35% tariff on Bangladeshi exports
* I suspect it’s non-binding again...just something to please WH

agree that it could be useless....
but someone has to sign it from the us side ))

TASS: Russia’s #wheat exports this season may reach 43–44 MMT of #wheat, Ag Minister Oksana Lut said.

🔹 Reasonable numbers
🔹 SovEcon’s June forecast: 42.9 MMT
🔹 USDA’s 46.0 MMT? Too optimistic

SovEcon’s new Russian trade & S&D report drops this week → sizov.report?utm_campaign...

#oatt #agwx

🇧🇩🇺🇸 Another #wheat memorandum of understanding that may or may not matter...

* Bangladesh agrees to import 700,000 MT of U.S. wheat annually for 5 years
* This comes as Washington gears up for a 35% tariff on Bangladeshi exports
* I suspect it’s non-binding again...just something to please WH

Trump hits the Fed again.
DXY falls.
Ags rally — just like a few sessions ago.

Get the full macro-grain breakdown in our Discretionary View: sizov.report/reports/2703...

#oatt #sizovreport #wheat #macro

Shares of Archer-Daniels-Midland pulled back Thursday following Trump’s announcement that Coca-Cola has agreed to use real cane sugar in its drinks in the U.S.

Coca-Cola did not explicitly agree to the change, saying in a statement that more details about its new offerings “will be shared soon.”

#Wheat harvest is down 50% YoY in Russia! 📉

Sounds scary—until you see the full picture.

The pace is slow vs the unusually early 2024, but we’re now nearing the average, as we forecasted.

Crop updates based on deep Black Sea expertise for traders and funds: sizov.report?utm_campaign...

#oatt