biologico

WASHINGTON October 12, 2021.

According to the US Department of Agriculture, the outlook for 2021/22 U.S. wheat this month is for reduced supplies, lower domestic use, unchanged exports, and decreased ending stocks. Imports were down 10 million bushels, to 125 million on the import pace. Annual feed and residual use is lowered 25 million bushels to 135 million despite […]

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CAIRO – October 12, 2021

The lowest offer into today’s international wheat tender lunched by Egypt ‘s state commodities buyer GASC, was believed to be $325.25 a tonne FOB. The wheat was sourced from Ukraine and the offer was submitted by trading house Olam for 60,000 tonnes. The shipment is request between Nov. 23 and Dec. 3. Payment at 180

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PARIS – October 12, 2021

According to the French farm ministry, corn harvest estimate was revised up. In fact, the ministry pegged this year’s grain maize crop, harvesting of which is in progress, at 13.9 million tonnes this month, up from its previous forecast of 13 million tonnes and 4.3% bigger than last year’s harvest. On the other hand ,the

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Daily Market Wire – October 12, 2021

ASX wheat January 2022 down A$2/t to $346/t; Chicago wheat December contract down US2.25c/bu to 731.75c/bu; Kansas wheat December contract down 3c/bu to 734.5c/bu; Minneapolis wheat December down 1c/bu to 945.5c/bu; MATIF wheat December contract down €0.50/t to €268.50/t; MATIF corn November contract up €1.5 to €251.5/t; Chicago corn December contract up 2.5c/bu to 533c/bu;

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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%. Soybeans were down around 0.4%. Chicago SRW contracts dropping more than 1% by the close.

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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 €5.5 to €250/t; Chicago corn December contract down 3.5c/bu to 530.5c/bu; Soybeans November contract down 4.25c/bu

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