Brent

Canadian wheat prices for FOB delivery were (Cdn$/mt): – for the N1 class CWRS 13.5% – $475.75, down $14.48 per tonne; – for the N2 class CWRS 13.0% – $468.31, down $14.03/t; – for the N3 CWRS – $413.63, down $13.22 ; – for the N1 CWAD – $884.36, up $1.57 per tonne. (1USD=Cnd$1.268). US […]

This week, news and market comments will be released in a reduced mode. – US Gulf export facilities continue to push back into activity. Meanwhile higher barge values are making headlines. – Weekly US export sales figures had 1.2Mt soybeans sold, 0.2Mt corn and wheat 0.6Mt. – Canadian canola showed a small decline. – Corn

his week, news and market comments will be released in a reduced mode. – US crudeoil stocks fell 6.42 million barrels following a decrease of 1.53 million barrels the week before. – China and unknown cancelled a combined 328,000 metric ton US soybean export sales. – Ethanol production firmed 14 thousand barrels per day last

This week, news and market comments will be released in a reduced mode. – Condition ratings for the U.S. corn crop declined during the last week while the corn harvest got under way in the core Midwest production belt, the USDA said on Monday. – US weekly export inspection data were mostly disappointing. – Canada

All US grain prices were down this week with exception of soymeal. In spite the late week bounce, corn futures ended the week with 1.24% loss. Ditto for soybeans that minimized the week’s losses, only losing 0.43%.  Soymeal, in contrast, posted a 0.41% gain.  Soybean oil was feeling pressure from competing veg oils and fell 5.46%. 

According to the US Department of Agriculture global pasta demand surged during the first half of 2020, as pandemic stay-at-home orders boosted consumption of pasta products. Global exports of pasta surpassed 5 million tons during the 2019/20 trade year and remained strong throughout 2020/21. Tightening supplies of durumwheat, however, have posed additional challenges for the