commodities

This morning, the Eurodollar is steady at 1.2120; the rouble is up vs. dollar at 73.80. The crude oil in NY is stabilizing at 45.40 $/b. Slowly but surely, the business is slowing down before the end-of-year break. In Europe, the Brexit is still at a standstill a few days ahead of the end of […]

Alla fine della scorsa settimana tutti i cereali, hanno subito perdite generalizzate. Anche questa settimana, inizia in rosso a seguito del graduale miglioramento delle condizioni metereologiche nelle principali aree di produzione e della permanenza di alcune incertezze socio politiche su entrambe le sponde dell’Atlantico. Secondo l’Agenzia Statale Francese, il grano attualmente viene considerato al 96%

Monday, December 7th 2020 Brazilian farmers have sold 56.5% of their beans in advance through December 4, Safras & Mercado, an agribusiness consultancy, said in a statement last Friday. Considering Brazil is poised to collect 133.517 million tons of the oilseeds this season, the volume of pre-sold soy amounts to an estimated 75.403 million tons, Safras

China affirmed its increased grain imports of corn and wheat are not the reason for rising global grain prices. A Chinese official attributed the increase in prices to the continued coronavirus (COVID-19) pandemic and food security uncertainty. Huang Hanquan, an official with the National Development & Reform Commission, noted export restrictions and food reserve stockpiling

December 07, 2020 PRODUCTION After the lowest global production of durum for five years in 2019/20, production in 20/21 is expected to increase sharply year on year, however, the durum wheat market should remain tight. The sharp increase in production from last season can be primarily attributed to Canada, USA, (up 30% from the previous

With Christmas rapidly approaching, a reminder that CBOT markets close early on the 24th and are closed on the 25th. The ASX will also be closed on the following Monday the 26th for Boxing Day. Brexit concerns are once again gaining prominence. Worries emerged, déjà vu, about a no deal termination as the January end

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