Reuters report "Chicago wheat slid on Monday, on track for its biggest three-day fall since mid-December, although worry over lack of protective snow cover in the United States and Russia limited decline."
Russia’s Ministry of Agriculture report the first 100,000MT of grain has been transported at a reduced rate in accordance with the new policy on subsidising grain rail transport and included grain from Novosibirsk (52KMT), Omsk (35KMT), Orenburg (3 KMT) and Tambov (9KMT).
Russia’s Ministry of Agriculture report the sowing of winter crops for the harvest of 2018 is 17.4 million hectares, which corresponds to the same level as last year.
Russia’s Federal Service for Hydrometeorology and Environmental Monitoring report winter crops are in good and satisfactory condition on an area of 16.24 million hectares (95% of the total sown area).
The Deputy Minister of Agriculture gave insight into Russian agricultural policy yesterday when he said, "We face a serious challenge - not only to maintain the accelerated pace of development of the agrarian sector, but to provide conditions for its further growth.”
Eastern Europe’s largest biogas plant has opened in Western Ukraine, the Khmelnytskiy plant will convert manure, corn silage and sugar beet pulp into 15.6 mw of electricity, enough to power 16,000 households in the region.
Ukraine’s first solar plant located in the Chernobyl exclusion zone is to go on stream within weeks; the one-megawatt, 1.6ha site can cover the needs of a medium-sized village although plans are to eventually produce 100 times this.
The Times report Russian gas imported to Britain last year could be going to America as freezing weather in the US send prices soaring; a tanker carrying liquefied natural gas from storage facilities in Kent appeared to be heading to Boston, although its destination could yet change
The Ukrainian weather centre report that due to the influence of the Arctic air, the air temperature in Ukraine will gradually decrease starting from the beginning of the week.
Quote of the week; Benjamin Bodart from @CRMagri discussing this year’s wheat export market, "More than one in three tonnes exported in the world will be from the Black Sea region.”