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MNI is the leading provider
of intelligence and analysis on the Global Fixed Income, Foreign Exchange and Energy markets. We use an innovative combination of real-time analysis, deep fundamental research and journalism to provide unique and actionable insights for traders and investors. Our "All signal, no noise" approach drives an intelligence service that is succinct and timely, which is highly regarded by our time constrained client base.Our Head Office is in London with offices in Chicago, Washington and Beijing, as well as an on the ground presence in other major financial centres across the world.
RUSSIA
- Wheat holds near 6-1/2 year peak as focus stays on Russian export tax (EUR 50bn as of Friday)
- expected to last from March 1 to June 30
- 10 Dec marks the start of export tax talks (circled on graph)
- Russia's higher tax on wheat, and it remaining in place beyond June, continues to reverberate through wheat markets - Commonwealth Bank
- Proposed taxes, aimed at cooling food inflation, have pushed up bothRussian export prices and prices of other origins like U.S. wheat seen incontention to take demand from Russia
MNI London Bureau | +44 020-3983-7894 | murray.nichol@marketnews.com
Why MNI
MNI is the leading provider
of intelligence and analysis on the Global Fixed Income, Foreign Exchange and Energy markets. We use an innovative combination of real-time analysis, deep fundamental research and journalism to provide unique and actionable insights for traders and investors. Our "All signal, no noise" approach drives an intelligence service that is succinct and timely, which is highly regarded by our time constrained client base.Our Head Office is in London with offices in Chicago, Washington and Beijing, as well as an on the ground presence in other major financial centres across the world.
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