foodsecurity

Last week was marked by the release of the USDA’s December WASDE report which, while having made changes from nonexistent to insignificant, was still enough to inspire further selling in wheat and some new soybean purchases. Some bargain buying, however, got involved in the wheat game after the USDA report had sent Chicago wheat futures

This week was marked by the release of the USDA’s December WASDE report which, while making changes from nonexistent to insignificant, was still enough to inspire further clearance in wheat and some new soybean purchases. Some bargain buying, however, got involved in the grain game after the USDA report sent Chicago wheat futures to a

Chinese buyers have been making large purchases of French wheat and barley along with Ukrainian corn and barley in the last week.Some sources, indeed, said importers had secured several hundred thousand tonnes of grain from France and Ukraine.As for French wheat, buyers were understood to have booked between six and 10 vessels, or potentially up to 600,000 tonnes, for shipment mainly between January and March.Consequentially, these latest sales

Russian Agriculture Ministry has amended export duties for wheat, barley and corn for the period Dec. 15-21, 2021.As for wheat the export duty continue to increase from 84.9 USD/t the prior week, to 91 USD/t for the referred period.The indicative price moved up from 321.3 USD/t to 330.1 USD/t.As for corn, the export duty lifted from 54.30 USD/t at 54.40 USD/t.The