Daily International Grain Market View

Good morning Farmer Family … US farm markets, were mixed but mostly higher yesterday. Corn moved modestly higher, up 0.87%, after hitting their highest in nearly two months. Soybeans also tried to push higher but ultimately failed, closing with 0.38% … Read More

US Weekly Export Sales Report

WASHINGTON – May 26, 2022 Per latest data from the US Department of Agriculture, wheat export sales for the period May 13-19, 2022 and delivery in 2021/22 season saw a net reductions of 2,300 metric tons (MT). That was a … Read More

Daily Market Wire – October 15, 2021

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

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