LAST WEEK MARKET COMMENT

Nearly all US grain prices moved moderately lower last Friday. Traders, indeed, has squarred their positions prior the weekend, looking to USDA’s next World Agricultural Supply and Demand Estimates (WASDE) report, which will out tomorrow morning. Meantime, corn faded 0.75%. … Read More

Daily Market Wire – October 11, 2021

ASX wheat January 2022 was unchanged at $348/t last Friday; Chicago wheat December contract down US7.25c/bu to 734c/bu; Kansas wheat December contract down 3.75c/bu to 737.5c/bu; Minneapolis wheat December up 4.25c/bu to 946.5c/bu; MATIF wheat December contract down €0.25/t to €269/t; MATIF corn November contract up … Read More

GRAIN & PRICE WEEKLY REPORT

A pretty quiet week for US grain markets, while other markets have been bubbling higher. Corn prices, indeed, dropped around 2% this week. Soybeans were down 0,28% for the week.  Soymeal was weaker again with a 2.5% drop.  Soyoil, meantime, … Read More

MOSCOW – October 08, 2021

The Russian agriculture ministry has amended the export tax for the week October 13–19, for wheat at $58.70, up $0.9 from the previus week, for barley at $49.40, up $6.30 and for corn at $47.20, up $2. Indicative prices are respectively … Read More

KYIV – October 08, 2021

Per latest data released on this morning by the local agriculture ministry, Ukrainian farms had harvested 49.4 million tonnes of grain by Oct. 7 from 70.2% of the sown area, with an average yield of 4.41 tonnes per hectare. Ukraine … Read More

PARIS – October 08, 2021

According to the FranceAgriMer, crop conditions latest data showed, for the week 39 ending Oct. 4, have seen French corn at 89% from good to excellent, substantially unchanged from prior week. Corn percent harvested, meantime, increased compared to last week … Read More

Daily International Grain Market View

US farm markets continued to be mixed but mostly higher yesterday. Indeed, corn and soybeans both trended higher with gains around 0.3% – 0.4%. Wheat prices offered a mixed bag, with spring wheat contracts firming as much as 0.5% while … Read More

Daily Market Wire – October 08, 2021

ASX wheat January 2022 up $1/t to $348/t; Chicago wheat December contract down US4.75c/bu to 741.25c/bu; Kansas wheat December contract down 3.75c/bu to 741.25c/bu; Minneapolis wheat December up 3.25c/bu to 942.25c/bu; MATIF wheat December contract up €1/t to €269.25/t; MATIF … Read More

WASHINGTON – October 07, 2021

According to the US Department of Agriculture, US weekly wheat export sales, for the period September 24-30, 2021, were at 333,200 metric tons (MT). That was up 15% from the previous week, but down 19% from the prior 4-week average. … Read More

ROME – October 7, 2021

According to the Food and Agriculture Organization of the United Nations (FAO), world food prices rose for a second consecutive month in September to reach a 10-year peak, driven by gains for cereals and vegetable oils. Indeed FAO’s food price … Read More