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Russian wheat prices gained for the 6th consecutive week last week.Indeed, according to IKAR, Russian wheat with 12.5% protein loading from Black Sea ports for supply in the first half of December was $340 a tonne free on board (FOB) at the end of last week, up $6 from the previous week.According to SovEcon, wheat export price was up $6 to […]

US farm markets, on the whole, reacted well to the global sell-off last Friday, ending the week mixed but above all on the upside. Corn prices came 20 cents off lower at the open and then posted a late session rally to come out of day with a 1,21% gain and a week’s gains about

Concern that a new Covid variant identified in South Africa will lead to new outbreaks that derail the global economy hammered world equity and commodity markets yesterday, sparking the safe-haven demand of US T-notes, gold and cash. But the US farm markets, all in all, reacted well to the global sell-off, ending the week in a

Traders tracking EU grain flows are particularly exasperated by the lack of complete weekly information, as French customs have managed to issue complete data only in their monthly trade updates.Indeed, there were only incomplete wheat weekly export data from France, for the last four months due a technical glitch. That, is becoming a major issue

According to the US Department of Agriculture, US weekly wheat export sales, for the period Nov. 12-18, 2021, were at 567,500 metric tons (MT) for 2021/2022.That was up 42% from the prev. wk. and 70% from the prior 4-wk avg. Increa. primarily for Japan (154,200MT), Nigeria (102,100MT), Mexico (82,000MT, incl. decreases of 17,700MT), the Philippines