Sinowei News and Blogs

by Dr Natalija Riabko - Head of Commodities, Sinowei Focus: Countries began to massively purchase food for the second wave of COVID. Several countries have started purchasing food products. According to Bloomberg, this is being done on fears that the second wave of...

by Dr Natalija Riabko - Head of Commodities, Sinowei Focus: Argentina first approved GMO wheat in the world Argentina became the first country in the world to approve genetically modified wheat (France24). In a statement released last Thursday, the Agriculture...

by Dr Natalija Riabko - Head of Commodities, Sinowei Crops Wheat Concerns about declining wheat production due to prolonged dry weather and high demand for wheat in the EU and the Black Sea region keep local prices high. This trend is likely to continue as the weather...

by Dr Natalija Riabko - Head of Commodities, Sinowei Baltic countries have become leaders in soft wheat exports: The countries of the European Union (plus the UK) have exported 7.143 million tons of all grain since the start of the 2020/21. This is 34% less than the...

by Dr Natalija Riabko - Head of Commodities, Sinowei Focus: Quotation Forecast Wheat market From January to August 2020, Egypt purchased 3.5 million tons of Russian wheat and muslin. The amount of export contracts exceeded $ 800 million (almost + 20% compared to the...

by Dr Natalija Riabko - Head of Commodities, Sinowei Focus: Ukrainian Grain Market Black Sea region assess the prospects for the corn harvest as good, even considering part of the crops died due to typhoons. If there is no new typhoon, producers plan to harvest at...

by Dr Natalija Riabko - Head of Commodities, Sinowei Focus: World Food Prices According to the Food and Agriculture Organization of the United Nations (FAO), in August, higher demand and a weaker US dollar pushed up world food prices. The FAO Food Price Index, which...

by Dr Natalija Riabko - Head of Commodities, Sinowei Markets China continues to actively import grain According to recent statistics, in July, China continued to actively import grain crops in order to increase domestic stocks, having purchased, according to Oil...

by Dr Natalija Riabko - Head of Commodities, Sinowei Crops Market In August, prices on the world grain market showed very different dynamics. Milling wheat prices were falling while prices for corn and barley strengthened. Wheat prices in the Black Sea region fell...

by Dr Natalija Riabko - Head of Commodities, Sinowei Focus: Xi Jinping urges Chinese to save on food row Chinese leader Xi Jinping called on compatriots to reduce food waste. The head of the PRC noted that grain production in the country is constantly growing, but it...

by Dr Natalija Riabko - Head of Commodities, Sinowei Focus: World food prices strengthen for the second month in a row According to the Food and Agriculture Organization of the United Nations (FAO), in July, the index of world food prices increased by 1.2% compared to...

by Dr Natalija Riabko - Head of Commodities, Sinowei Markets: Crops Market Last week, Chinese buyers have imported the largest US corn volume despite tensions rise between Washington and Beijing. According to the USDA, private exporters sold 1.937 million tons of corn...

by Dr Natalija Riabko - Head of Commodities, Sinowei Focus: Meat alternatives industry in China is gaining momentum After decades of rapid growth, China produces almost as much meat as the US and EU combined but still not enough to meet domestic demand. This...

by Dr Natalija Riabko - Head of Commodities, Sinowei Focus: China In 2019/20, rice exports could reach 3.4 million tons. Rice production in China in 2020/21 is expected to reach 148 million tons (IGC forecast). Previously, the prospects for the harvest were slightly...

by Dr Natalija Riabko - Head of Commodities, Sinowei Focus: Meat Quotes Over the four weeks of June, quotations of cattle meat and pork on the CME (Chicago Mercantile Exchange) fell down in different progressions. In May, quotes of cattle were actively increasing, but...

by Dr Natalija Riabko - Head of Commodities, Sinowei According to Rabobank International, the coronavirus pandemic and African swine fever negatively affect the demand for grain and oilseeds in Southeast Asia, which could lead to a 1.6% decrease of wheat, corn,...

by Dr Natalija Riabko - Head of Commodities, Sinowei According to the FAO June Report, global agricultural commodity markets are more pandemic resistant than many other sectors of the economy but uncertainty persists. According to the first data on the crop market,...

by Dr Natalija Riabko - Head of Commodities, Sinowei Until the end of the season, the prices for soybeans will be supported by the growing demand for soybean meal due to increased production of animal feed. The increase in prices for soybean meal, in turn, will be...