Market Notes

Harvest resumes in Russia, Ukraine MOSCOW/KIEV (Reuters) — Russia and Ukraine are harvesting wheat after rain caused delays. Wheat yields are strong in Russia and lower in Ukraine, analysts and traders said. SovEcon upgraded its Russia forecast to 72.9 million tonnes, down slightly from 73.3 million in 2016. Last week the U.S. Department of Agriculture […] Read more

Market briefs

China makes big buy Chicago, Ill (Reuters) — China bought a total of 1.3 million tonnes of U.S. wheat in the past week, the U.S. Department of Agriculture said July 8. China, the world’s largest wheat producer, is “on an active buying kick” as the government builds its grain reserves, a U.S.-based wheat trader said. […] Read more