RATIN

Ukraine exports resume; El Nino slows planting in Brazil

Posted on October, 30, 2023 at 07:49 am


Snapshot of the global export markets for grains, oilseeds and edible oils reported by government and private sources, as of the end of business on Friday:

UKRAINE EXPORT CORRIDOR: Four vessels left Ukrainian Black Sea ports in the Odesa region on Friday as shipping via a new export corridor resumed after a three-day pause, independent transport sector consultancy STC said.

BRAZIL SOY, CORN PLANTING: Scarce rainfall due to the El Nino climate phenomenon has caused disparities in the speed of soy planting in Brazil’s top grain state Mato Grosso and could impact sowing of second corn, farmers and experts said on Friday.

PENDING TENDERS:

RICE TENDER: South Korea’s state-backed Agro-Fisheries & Food Trade Corp issued an international tender to purchase an estimated 50,100 metric tons of rice largely from the United States, traders said. The deadline for submissions of price offers in the tender was Oct. 12.

CORN TENDER: Iranian state-owned animal feed importer SLAL issued an international tender to purchase about 180,000 metric tons of animal feed corn, European traders said. The deadline for submitting price offers was Oct. 24.

WHEAT TENDER: The Taiwan Flour Millers’ Association issued an international tender to purchase an estimated 52,000 metric tons of grade 1 milling wheat to be sourced from the United States, European traders said. The deadline for submission of price offers in the tender was Oct. 26.

WHEAT TENDER: Bangladesh’s state grains buyer issued an international tender to purchase 50,000 metric tons of milling wheat, European traders said. The deadline for submission of price offers is Oct. 30,they said. The wheat can be sourced from any worldwide origins except Israel.

Source: Hellenics Shipping News