agriculture

Week 30 Nov. – 04 Dec. 2020 Chicago wheat, corn and soybean futures edged lower on Friday and were heading for weekly losses as bumper wheat harvests in Australia and Canada along with rain relief for soy and corn crops in Brazil tempered talk of tightening global supplies. A lack of fresh sales of U.S. corn and

Increased estimates for 2020/21 Australian and Canadian wheat production and Russian wheat exports (see below) pressured all wheat future prices from two weeks ago. StatCan, released its last estimates for Canadian productions. They pegged Canada’s wheat crop at 35.2Mt, which is above surveyed ideas tending slightly under the mid 34s. The production of durum wheat

Ieri l’Agenzia Statale Canadese ha reso nota la propria stima sul raccolto 2020, fissandola a 35,2 milioni di tonnellate, ovvero il livello di produzione più alto degli ultimi 7 anni. 28,6 milioni sono state le tonnellate di grano raccolte. La produzione di grano duro si è attestata a 6,6 milioni di tonnellate, ovvero al di

Private exporters reported to the U.S. Department of Agriculture export sales of 182,020 metric tons of corn for delivery to Mexico during the 2020/2021 marketing year. The marketing year for corn began Sept. 1.

Beijin – December 04, 2020 Seeking to improve its food security, China on Dec. 3 published a new draft law on management of its grain reserves that will include oversight of stocks in regions and provinces. The law was drawn up as “new situations and questions have risen regarding grains reserves security administration, posing severe challenges to

Greater area and higher yields push wheat production higher Canadian farmers produced more wheat, soybeans, corn for grain, barley and oats in 2020 as a result of favourable conditions compared with the previous year, while canola production was down from a year earlier. Although 2020 has been a difficult year for all Canadians including some agricultural operators due to

Yesterday, wheat futures fell a little, canola and soybeans rose 1 per cent. US dollar weakened further. Cereals prices are declining due to a falling Dollar vs. euro and a lack of new elements on fundamentals. Infact, this morning, the Eurodollar is dealing at 1.2145 and the Dollar/Rouble at 74.40. A bearish Dollar is reinforcing