Dry weather caused low levels on Danube river, preventing cargo vessels from sailing fully loaded in some rivers in Germany. This increased transport costs.
In China several large importers have big problems to pay for soybeans intended for import to China. Estimation goes up to 500,000 tonnes of US and Brazilian soybean on vessels arrived or on arrival to ports for which buyers struggle pay.
In Russia prices for wheat with 12.5 percent protein content were flat at US$ 279 /tonne on FOB Black Sea basis last week compared with a week earlier. Maize (corn) prices continued to rise in Russia's Southern regions.