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US exchanges were shut on Monday for Independence Day, and european markets fell sharply, meantime. September milling wheat on Paris-based Euronext settled down 4.50 euros, or 2.2%, at 200.50 euros ($237.91) a tonne. The front-month contract earlier fell to its lowest since mid-April at 199.50 euros as it tested the psychological 200 euro threshold. The […]

Egypt ‘s state grains buyer, the General Authority for Supply Commodities (GASC), this morning received the lowest offer at $237.94 a tonne FOB for 60,000 tonnes of Romanian wheat. GASC sought an unspecified quantity of wheat for shipment Sept. 1-15 with payment using 180-day letters of credit. Offers submitted on a free-on-board (FOB) basis were:

According to the Ukrainian Ministry of Agriculture, Ukraine’s grain exports have reached 128,000 tonnes in the first 5 days of new 2021/22 July-June season. The volume included 65,000 tonnes of wheat and 59,000 tonnes of corn, the data showed. Ukraine, which started the 2021 grain harvest, plans to thresh around 76 million tonnes of grain

US grain markets remain closed on this morning due to the long weekend of Independence Day. Meantime grain prices slumped last Friday on another round of technical selling and profit-taking. In fact, soybean and spring wheat prices were the only winners after a late-session rally left those commodities with modest gains by the close. Nearby

All grain prices were all up this week. Corn prices took back all of last week’s losses plus some, as September rose 11.65% this week. Soybeans joined the bullish party and nearly took out 3 weeks of losses, with August rallying 10.02% this week. Soy Meal took part with a 9.34% gain for the week, with soybean oil 9.05% higher. Wheat prices also bought in on

According to the farm office FranceAgriMer crop conditions for French softwheat were stable in the week to June 28. In fact, an estimated 79% of French soft #wheat was in good or excellent condition, unchanged from the previous week and still well above a year-earlier score of 56%. For now, durumwheat harvest, is under way

China’s live hog futures fell to a weekly low on Friday, erasing some gains made earlier in the week, as ample pork supplies weighed on prices. Live hog futures on the Dalian Commodity Exchange were down 3.5% at 18,595 yuan ($2,869.02) per tonne at the close of Friday’s afternoon trading session. The futures contract, which

US grain prices suffered a bit yesterday after the Wednesday’s rally. Indeed, we have seen a round of profit-taking ensued, leaving soybeans slightly lower and most wheat contracts dropping by double digits. Corn prices bucked the overall trend – July futures finished unchanged, while September futures moved around 0.3% higher. On macro markets, oil prices