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US WHEAT EXPORT SALES According to the US Department of Agriculture, for the period Dec.18-24, 2020 about wheat net sales of 520,600 metric tons (MT) for 20/21 were up 32% from the previous week and 4% from the prior 4-week average. Increases primarily for China (133,200MT), the Philippines (80,900MT), Vietnam (77,500MT), Indonesia (57,000MT, including 49,000MT switched from unknown destinations), […]

Yesterday’s announcement from the Argentinean authorities to limit corn exports is adding to the current market tightness. US corn should face an increase in demand. Argentina is seeking to curb the rise in prices on its domestic market and to secure volumes with the prospect of a smaller harvest than expected in 2020. Dry conditions

BUENOS AIRES – December 31, 2020 Argentine oilseed workers unions and soy crushing companies signed a new deal to end the 20-day strike. The strike began over oilseed workers wanting better wages particularly for those who continued to work through the height of the coronavirus pandemic. According to Argentina’s CIARA soy crushing chamber, the new

MOSCOW – December 31, 2020 Russian wheat export prices rose for the second consecutive week last week ahead of an upcoming wheat export tax, analysts said on Monday, adding that trade was thin before the long New Year holiday. Russian wheat with 12.5% protein loading from Black Sea ports for supply before mid-February was at

The unprecedented drop in economic output in Q2 2020 (–11.4%) turned lower than expected. The situation of the labour market may however worsen in 2021 due to the insufficient speed of economic recovery, as forecast by the European Central Bank. For the Euro area, the unemployment rate might jump from 7.3% in Q1 2020 to 9.5% in

Dopo la straordinaria performance della soia vista ieri a Chicago, oggi i prezzi di grano e mais sia su Euronext che al CME, sostenuti dai prezzi elevati in Russia, dal clima secco in Sud America e dalla forte domanda internazionale, stanno facendo registrare nuovi record. I livelli dei prezzi in Russia, stanno sostenendo notevolmente i

Kyiv – December 30, 2020 Ukraine’s grain exports have fallen by almost 17% to 25.27 million tonnes this season, which runs from July 2020 to June 2021, economy ministry data showed on Monday. Traders have sold 8.34 million tonnes of corn and 3.75 million tonnes of barley, the data showed. They also exported 12.38 million

The world’s number one grain exporter, Russia, has boosted year-on-year sales of its wheat abroad by as much as 20 percent, according to the latest report by the country’s agricultural watchdog. In 2020, exports of grain reportedly surged to 57.5 million tons as of December 27. The agency, controlled by the Russian ministry of agriculture, said that

The White House approved increasing COVID stimulus checks for individuals and their dependents to $2,000, but measure’s fate in the Senate is uncertain. The Argentine government sponsored talks yestarday in an attempt to end the strike by the Workers’ and Oil Employees Union (SOEA) and the Federation of Oil Workers that has been underway for

This week’s cross-USA winter storm will likely replenish soil moisture levels in the dry Southern Plains, eroding upward price potential for the wheat complex. Markets also appeared to be stabilizing after digesting a smaller Russian wheat quota in the second half of the 2020/21 marketing year. A stronger dollar added to the losses as the Dollar Index