Interesting Maps Of The Russian Situation

Painstakingly complied by yours truly: I'm too good to you I really am

Here's an interesting development, the Russian State Statistics Service say that 2010 grain plantings were 43.6 million hectares. That's around 4-5 million below last year and the current estimate of 48 million from the Russian Grain Union.

I see that Egypt have bought 120,000 MT of Russian wheat today, just before the shop shuts, paying USD211-212.45/tonne. That's almost USD30 up on their previous purchase and almost USD50 over what they paid in the tender before that at the end of June.

They really are the Milwall of the grain trade those lads aren't they?