Daily International Grain Market View

Most US grain contracts spilled into the red yesterday. Winter wheat lost about 2.5%. Soybeans fell 2%. Corn was down around 1%. Spring wheat prices, bucked the overall trend, moving around 0.5% higher. On macro markets, oil prices are easing … Read More

Daily Market Wire – July 23, 2021

ASX wheat September contract down $3.70/t to A$314.30/t; Chicago wheat September contract down US18.5c/bu to 692.25c; Kansas wheat September contract down 15c/bu to 653.75c; Minneapolis wheat September contract up 6.25c/bu to 904c; MATIF wheat September contract down €3.75/t to €210/t; … Read More

BEIJING – July 22, 2021

China’s Ministry of Commerce announced in an overnight press briefing that China ’s import volumes in the second half of 2021 are expected to slow relative to record-breaking volumes posted the same time last year. Li Xingqian, a Ministry of … Read More

PARIS – July 22, 2021

Consultancy Tallage SAS – Stratégie grains cut its estimate for France’s 2021 softwheat harvest this morning after a crop tour showed lower than expected yields. Consequentially, Strategie Grains now expects the soft wheat harvest at between 37 million and 37.5 … Read More

WASHINGTON – July 22, 2021

According to the US Department of Agriculture, for the period July 9-15, 2021 US soybean export sales of 62,000 MT for 2020/2021 were up noticeably from the previous week, but down 22% from the prior 4-week average. Increases primarily for … Read More

WASHINGTON – July 22, 2021

According to the US Department of Agriculture, for the period July 9-15, 2021 US corn export sales with a reductions of 88,500 MT for 2020/2021 were down noticeably from the previous week and from the prior 4-week average. Increases primarily … Read More

WASHINGTON – July 22, 2021

According to the US Department of Agriculture, for the period July 9-15, 2021 US wheat export sales of 473,200 metric tons (MT) for 2021/2022 were up 11% from the previous week and 44% from the prior 4-week average. Increases primarily … Read More

BRUSSELS – July 22, 2021

For marketing year 2021/22, EU total grain production is now anticipated at 293.3 MMT. Abundant rainfall in April and May, while bad for timely spring planting operations, improved soil moisture across the EU and alleviated drought concerns. However, mild temperatures … Read More

Daily International Grain Market View

U.S. winter wheat futures rose for the sixth day in a row yesterday as adverse weather in key exporting countries raised global supply concerns. But other grain prices struggled to find forward traction. Spring wheat prices, indeed, tumbled 2% lower. … Read More

Daily Market Wire – July 22, 2021

ASX wheat July contract up $6/t to A$318/t; Chicago wheat September contract up US10.25c/bu to 710.75c; Kansas wheat September contract up 8.5c/bu to 668.75c; Minneapolis wheat September contract down 18.25c/bu to 897.75c; MATIF wheat September contract down €1.75/t to €213.75/t; … Read More