BRUSSELS – December 07, 2021

According to the European Commission, softwheat exports from the EU in the 2021/22 season that started in July continued to run last week.Indeed, as of Dec. 05, EU soft wheat exports had reached 12.84 million tonnes, up from 11.62  million tonnes of last week … Read More

EU Oilseeds Exports/Imports update

EU Grain Exports/Imports Update

World Wheat Outlook as of December 7, 2021

Overall, the wheat outlook is unchanged for now. Global demand remains strong and end users are still buying at consecutively higher prices.In fact, Jordan bought 60k mt of wheat for LH June at $351.50/mt, presumably based on new crop Balkan wheat, but other … Read More

SASKATOON – December 07, 2021

The rail recovery in Canada continues to be slow.Rain is still hampering repair efforts. Consequently, deliveries to Vancouver terminals were small and will continue to be restricted also in the next days. In this context, Canadian Gov’t has asked Vancouver terminals to prioritize feed grain deliveries to British … Read More

WHEAT PRICES IN THE WORLD – as of December 6, 2021

Canadian wheat prices for FOB delivery West Coast were (Cdn$/mt): – for the N1 class CWRS 13.5% – $540.6, down $5.56 per tonne; – for the N2 class CWRS 13.0% – $527.46, down $9.32/t;– for the N3 CWRS – $470.21, down $14.49;– for … Read More

Daily International Grain Market View

US farm markets started the week with little changes, as traders are squarring ahead to the next round of supply and demand data from USDA, which the agency will release on Thursday morning.  Thus, corn prices ended the session narrowly mixed … Read More

Daily Market Wire – December 07, 2021

ASX wheat January 2022 was down A$5/t to $415/t;Chicago wheat March contract up US2.4 cents per bushel to 806.2c/bu;Kansas wheat March contract down 1.6c/bu to 822.60c/bu;Minneapolis wheat March up 7c/bu to 1027.6c/bu;MATIF wheat March contract up €1.75/t to €291.75/t;MATIF corn January contract up €1.25/t at €246.25/t;Chicago corn March … Read More

SAO PAULO – Decemebr 6, 2021

Brazil is keen to negotiate new trade agreements that would allow it to diversify farm products exports to Islamic countries beyond items such as raw sugar, corn and chicken meat, said Flavio Bettarello, deputy trade secretary at the Agriculture Ministry.Speaking … Read More

WASHINGTON – December 6, 2021

According to the U.S. Department of Agriculture, herewith the US grains inspected and/or weighed for export during the week ending December 2, 2021.