Tidbits, Arctic Ports, China Imports, Biofuel Allocation, Crop Progress, ENSO, Export Inspections 10/14/26
Tidbits
Russia has begun using its Arctic port of Murmansk for the first time to export grain. Latifundist.com reported that Russia dispatched 40,000 mts of wheat yesterday from the port 125 miles north of the Arctic Circle.
Because of the Gulf Stream, Murmansk remains open all year, but its maximum grain capacity is 60,000 to 90,000 mts per month. That is a drop in the bucket of what Russia normally ships out of the Black Sea. Transporting wheat to Murmansk costs 3 to 5 times more than to southern ports on the Black Sea the publication notes.
China is set to import at least 6 million mts of corn this marketing year, up from 4 and 1.8 million mts the past two years. Most of the corn will be coming from Mercosur (South American economic and political trade bloc) countries even as China keeps pushing higher domestic production on a stable area with subsidies and cheap state auctions, according to the USDA’s Beijing office.
Within the Mercosur bloc, Brazil has been China’s top corn supplier since 2023, ahead of the U.S. and Ukraine, with 360,000 mts loaded in September and more than 710,000 mts lined up for October. Brazil is also China’s only DDGS supplier.
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