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Traders are squaring positions ahead of USDA’s quarterly grain stocks and acreage reports, out Wednesday morning. In fact, despite they were well aware of rains this past week, some bargain buyers entered in action on grain markets yesterday, helping corn, soybean and wheat contracts achieve solid gains. Consequentially, corn prices surged 5% higher; soybeans saw gains […]

Russian wheat export prices were largely unchanged last week, supported by a new floating duty in Russia and improving crop forecasts ahead of the start of the new marketing season. According to IKAR, prices for new-crop Russian wheat with 12.5% protein loading from Black Sea ports and for supply in July were $249 a tonne

In the international tender for the grain lanched past week, GASC, received the lowest offer at $242.93 per tonne for 60,000 tonnes of Romanian wheat on a free-on-board basis, this morning. The buyer is seeking an unspecified quantity of wheat for #shipment Aug. 25- Sept. 5 with payment to be made at sight. GASC amended

Consultancy Strategie Grains has raised its forecast for this year’s European Union rapeseed harvest while trimming demand expectations, projecting reduced supply tightness next season. Rapeseed production in the 27-country EU, indeed, is now expected to reach 17 million tonnes, compared with the 16.82 million tonnes forecast a month ago. This is 3.3% above last year’s

According to the APK-Inform agriculture consultancy, Ukrainian wheat export bid prices decreased by $4 a tonne over the past week thanks to improved forecast of wheat output in key producing countries. Soft millingwheat with 12.5% protein was traded at $236 to $244 FOB Black Sea while feedwheat, which also lost $4 a tonne stood at

Rainy forecasts for the Midwest, along with worries over a new Supreme Court biofuels ruling, pushed most US grain prices into the red last Friday. Corn and soybean prices eroded 3% lower. Winter wheat contracts also suffered, dropping between 1% and 2.5%. Spring wheat, in contrast, bucked the overall trend gaining about 1,2%, as dry

As expected, some ag commodity prices are reverting back. In fact, hogs were the highest since 2014. Grains were the highest since 2013. Oilseeds like palm and canola reached record highs. But now, seems that some prices are reverting back. And we should not be very surprised to see it. Indeed, hog futures are down

U.S. HARVEST LATEST NEWS – SPECIAL NORTHERN DURUM Favorable weather sped up harvest progress in Texas, Oklahoma and Kansas. SRW harvest continues to move forward. Chronic drought conditions throughout the northern and PNW states are raising yield and variable protein level concerns. An early harvest of the drought-stressed SW crop is expected to begin this