ASX

TCP Pakistan issued a tender to buy 90.000 tonnes of milling wheat.Closing date is for October 25, 2021.

US farm markets continued to recover on Friday after stumbled earlier in the week as USDA, on Tuesday had bumped up estimated US corn and soybean yields , and projected looser ending stocks/use ratios for those commodities.  Thus corn prices shedeed around 0,88% for the week, while soybeans were down around 2% week over week. Soymeal was weaker

According to the farming agency FranceAgriMer, French soft wheat exports outside the EU over the full July-June 2021/22 season are expected to be 2 million tonnes higher than last season at 9.6 million tonnes, Meantime, per latest data showed by Refinitiv, French soft wheat shipments outside the European Union dropped in September, totalled 695,400 tonnes.China,

Today private exporters reported to the US Department of Agriculture, the following sales activity for China and for unknown destinations:- 396,000 metric tons of soybeans for delivery to unknown destinations during the 2021/2022 marketing year;- 326,750 metric tons of soybeans for delivery to unknown destinations during the 2021/2022 marketing year;- 132,000 metric tons of soybeans

According to the US Department of Agriculture, US weekly wheat export sales, for the period October 1-7, 2021, were at 567,600 metric tons (MT) for 2021/2022.That was up 70% from the previous week and 42% from the prior 4-week average. Increases primarily for the Philippines (142,000 MT), Mexico (127,800 MT, including decreases of 400 MT),