ASX wheat January 2022 down A$5/t to $339/t; Chicago wheat December contract up US6c/bu to 724.75c/bu; Kansas wheat December contract up 9.25c/bu to 731c/bu; Minneapolis wheat December up 11.25c/bu to 960c/bu; MATIF wheat December contract up €5.75/t to €270.50/t; MATIF … Read More
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BEIJING – October 14, 2021
According to the Chinese state planner, China has raised the mininum purchasing price for wheat in 2022. The National Development and Reform Commission, indeed, has set the 2022 minimum purchase price for wheat at 2,300 yuan ($357) per tonne, up … Read More
Daily International Grain Market View
Yesterday, US farm markets were lower. Corn prices lost more than 2%. Soybeans still slid, around 0.25% lower. Some wheat contracts were down nearly 2.5%. Wheat futures had risen on Tuesday after the U.S. Department of Agriculture’s (USDA) monthly supply … Read More
Daily Market Wire – October 14, 2021
ASX wheat January 2022 up A$2/t to $344/t; Chicago wheat December contract down US15.25c/bu to 718.75c/bu; Kansas wheat December contract down 18c/bu to 721.75c/bu; Minneapolis wheat December down 6.25c/bu to 948.75c/bu; MATIF wheat December contract down €6.75/t to €264.75/t; MATIF … Read More
SASKATOON – October 13, 2021
The extremely tight supply has prompted rumours that Canadian elevators will need to increase their wheat basis levels. However, final yield data from Sask Ag had HRS wheat at 30 bushels per acre, which was 3 bu/acre higher than their … Read More
PARIS – October 13, 2021
Farm office FranceAgriMer on this morning lowered its forecast of French soft wheat stocks by the end of the 2021/22 season, but kept its forecast of exports outside the European Union unchanged. Indeed, soft wheat stocks at the end of … Read More
WHEAT PRICES IN THE WORLD – as of October 12, 2021
Canadian wheat prices for FOB delivery were (Cdn$/mt): – for the N1 class CWRS 13.5% – $499.22, up $0.36 per tonne; – for the N2 class CWRS 13.0% – $486.42, down $3.19/t; – for the N3 CWRS – $417.38, down … Read More
Daily International Grain Market View
Yesterday’s October WASDE report showed some helpful data for wheat, but brought bearish news both for corn and soybeans. Consequently corn prices fell around 1.75%. Soybeans slumped nearly 2.5% lower. Wheat prices rose as much as 1% higher, meantime. On … Read More
Daily Market Wire – October 13, 2021
ASX wheat January 2022 up A$1/t to $343/t; Chicago wheat December contract up US2.25c/bu to 731.75 734 c/bu; Kansas wheat December contract up 5.25c/bu to 739.75c/bu; Minneapolis wheat December up 9.5c/bu to 955c/bu; MATIF wheat December contract up €3/t to … Read More
WASHINGTON – October 12, 2021
Corn and soybean production is up from September 2021, according to the Crop Production report issued today by USDA’s National Agricultural Statistics Service (NASS). Corn production is up 3% from last year, forecast at 15.0 billion bushels; soybean growers are … Read More
