Daily International Grain Market View

US farm markets were sharply down yesterday. Corn prices eroded 1.25% lower. Soybean prices had moved down 1.8%, despite plenty of bullish export data from USDA.  All wheat complex also faded, with December Chicago SRW futures that fellmore than 1%. … Read More

Daily Market Wire – October 22, 2021

ASX wheat January 2022 down A$4/t to $338/t; Chicago wheat December contract down US8c/bu to 741.25c/bu; Kansas wheat December contract down 12c/bu to 747.75c/bu; Minneapolis wheat December down 4.5c/bu to 985.25c/bu; MATIF wheat December contract down €1.75/t to €276.50/t; MATIF … Read More

ISTANBUL – October 21, 2021

Turkey ‘s state grain board TMO has provisionally purchased an estimated 300,000 tonnes of wheat in an international tender for the same volume which closed on this morning. For now, no more purchases are expected. Delivery places, quntities and quality, … Read More

LONDON – October 21, 2021

The International Grains Council (IGC) on this morning raised its forecast for the 2021/22 global corn crop, mainly due to an improved outlook for the United States production.In fact, in its monthly update, the inter-governmental body increased its 2021/22 world corn crop … Read More

BEIJING – October 21, 2021

According to the Chinese government, constant rains in recent weeks have delayed wheat planting in main production regions in China.China indeed, had completed only 26% of winter wheat planting across the nation by Oct. 19, slower by 27 percentage points than normal years.Consequentially, … Read More

ROME – October 21, 2021

Italy has reported an outbreak of highly pathogenic H5N1 bird flu in a commercial farm of fattening turkeys in the north of the country, the World Organisation for Animal Health (OIE) said in a statement on this morning. The outbreak … Read More

WASHINGTON – October 21, 2021

According to the US Department of Agriculture, US weekly wheat export sales, for the period October 8-14, 2021, were at 362,400 metric tons (MT) for 2021/2022. That was down 36% from the previous week and 6% from the prior 4-week … Read More

Daily Market Wire – October 21, 2021

ASX wheat January 2022 down A$3/t to $342/t; Chicago wheat December contract up US13.25c/bu to 749.25c/bu; Kansas wheat December contract up 11.5c/bu to 759.75c/bu; Minneapolis wheat December up 15.5c/bu to 989.75c/bu; MATIF wheat December contract up €4.50/t to €278.25/t; MATIF … Read More

MOSCOW – October 20, 2021

Demetra, one of the largest grain traders in Russia, has supplied 60,000 tonnes of wheat to Algeria, it said in a statement on Wednesday. Demetra Trading is part of a holding with the same name, in which VTB consolidated stakes … Read More

Daily International Grain Market View

US farm markets were mixed but mostly higher yesterday.  Corn prices spilled slightly into the red by the close around 0,46% down. Soybeans moved around 0.53% higher. Spring wheat led the charge of wheat complex, moving 0.67% higher.  Winter wheat … Read More