From World Grain:
Turkey temporarily halts exports from third countries
Turkey has temporarily banned exports sourced from third countries to stabilize local market conditions and keep prices from increasing further, according to a report from the US Department of Agriculture’s Foreign Agricultural Service (FAS).
Turkey has stopped exports of grains, oilseeds, cooking oil and other agricultural commodities that are being held in bonded warehouses at Turkish seaports. The Ministry of Agriculture & Forest also stopped direct exports of cooking oil, bulk olive oil shipments, margarine, red lentils and dry beans....
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Related from Bloomberg via Yahoo Finance, April 14:
Russian Grain Still Flows to Top Customers Despite War Inflating Costs
Seven weeks after its invasion of Ukraine, Russia is still exporting grain to some of its biggest customers, even as shipping costs soar.
The main buyers remain Egypt, Turkey and Iran, said Dmitry Rylko, general director of the Moscow-based Institute for Agricultural Market Studies. The resilience of grain exports, despite sanctions and moves by some traders to shun Russian commodities, is pushing some market observers to raise their estimates for shipments this season.
Almost 900,000 tons of wheat have been loaded in Russian ports so far this month, in line with the pace in March, according to Logistics OS. Crop data from AgFlow also show Russian exports of key agricultural commodities, including wheat, fell just shy of 1 million tons in the first 13 days of April, close to level in the same period in March.
Those shipments have spurred analysts like Strategie Grains to downgrade their outlook for wheat exports from the European Union, one of Russia’s biggest competitors. The U.S. Department of Agriculture last week also raised its estimate for Russian wheat exports in the current season to 33 million tons, though that remains short of the 35 million tons it forecast before the war....
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