LAST WEEK MARKET COMMENT

US grain prices continued to recover last Friday after stumbling earlier in the week.  Corn prices rose nearly 2%. Soybeans were up around 1%. Some wheat contracts trended as much as 1.75% higher. On macro markets, oil prices settled at … Read More

KARACHI – October 17, 2021

TCP Pakistan issued a tender to buy 90.000 tonnes of milling wheat.Closing date is for October 25, 2021.

GRAIN & PRICE WEEKLY REPORT

US farm markets continued to recover on Friday after stumbled earlier in the week as USDA, on Tuesday had bumped up estimated US corn and soybean yields , and projected looser ending stocks/use ratios for those commodities.  Thus corn prices shedeed … Read More

PARIS – October 15, 2021

According to the farming agency FranceAgriMer, French soft wheat exports outside the EU over the full July-June 2021/22 season are expected to be 2 million tonnes higher than last season at 9.6 million tonnes, Meantime, per latest data showed by … Read More

WASHINGTON – October 15, 2021

Today private exporters reported to the US Department of Agriculture, the following sales activity for China and for unknown destinations:- 396,000 metric tons of soybeans for delivery to unknown destinations during the 2021/2022 marketing year;- 326,750 metric tons of soybeans … Read More

WASHINGTON – October 15, 2021

According to the US Department of Agriculture, US weekly wheat export sales, for the period October 1-7, 2021, were at 567,600 metric tons (MT) for 2021/2022.That was up 70% from the previous week and 42% from the prior 4-week average. … Read More

The Italian Grains Market monthly analysis, for October 2021, by Giampaolo Nardoni, Head of the O.U. Economic Information at BMTI S.c.p.A..

Daily International Grain Market View

On Thursday, US farm markets bounced up finishing higher. Corn and soybean prices each gained around 0.75% while some wheat contracts up more than 1.25%. In fact, corn was up four and a half cents. Beans gained eleven. Chicago wheat … Read More

Daily Market Wire – October 15, 2021

ASX wheat January 2022 down A$5/t to $339/t; Chicago wheat December contract up US6c/bu to 724.75c/bu; Kansas wheat December contract up 9.25c/bu to 731c/bu; Minneapolis wheat December up 11.25c/bu to 960c/bu; MATIF wheat December contract up €5.75/t to €270.50/t; MATIF … Read More

BEIJING – October 14, 2021

According to the Chinese state planner, China has raised the mininum purchasing price for wheat in 2022. The National Development and Reform Commission, indeed, has set the 2022 minimum purchase price for wheat at 2,300 yuan ($357) per tonne, up … Read More