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Beijin – December 11, 2020 For months they have been warning about impending collapse in prices and doom for speculators, but prices just don’t come down. The average corn price reported by the National Bureau of Statistics peaked in August, but resumed its climb in September-October despite the arrival of newly-harvested corn. The price appeared […]

Wheat continued to rise. Corn was eased. The crude oil is dealing higher this morning, close to 47 $/b in NY. The oilseeds markets were mixed yesterday. However, prices should find some support today from the rebound of canola, palm oil and crude oil. Australia grower cash bids were up a buck or two along

Washington – 10:57AM Dec. 10, 2020 WHEAT The outlook for 2020/21 U.S. wheat this month is for slightly smaller supplies, unchanged domestic use, higher exports, and lower ending stocks. Supplies are reduced on lower imports, which are decreased 5 million bushels to 120 million on a slower-than-expected pace. Exports are raised 10 million bushels to 985 million

Global Wheat production is up this month with larger crops for Australia, Russia, and Canada more than offsetting production cuts in the European Union and Brazil. Global Wheat consumption is boosted on higher feed consumption in Australia, China, and the European Union. Global Wheat trade is also up, driven by higher Australia, Canada, Russia, and

I prezzi del grano oggi pomeriggio sono rimbalzati fortemente sulla scia dei mercati Americani a poche ore dal rilascio del rapporto mensile da parte del Dipartimento dell’Agricoltura degli Stati Uniti. Su Euronext, infatti, in questo momento [10/12/2020 16:14 (GMT + 1)] la tonnellata di grano tenero sta guadagnando 3,00 euro nei contratti con scadenza Marzo 2021, venendo

U.S. WHEAT EXPORT SALES According to the US Department of Agriculture, for the period Nov27-Dec03, 2020 about wheat, net sales of 616,500 metric tons(MT) for 2020/2021 were up38% from the previous week and 42% from the prior 4-week average. Increases primarily for Mexico (107,300MT), unknown destinations(104,000MT), Japan (88,700MT, including decreases of 200MT), Thailand (86,500MT), and China (68,300MT),were offset

Private exporters reported to the U.S. Department of Agriculture export sales of 344,442 metric tons of corn for delivery to Mexico during the 2020/2021 marketing year. The marketing year for corn began Sept. 1.

Significantly greater Chinese demand for U.S. agricultural products limited export elevation availability, causing an increase in wheat export basis values for October 2020 through February 2021 deliveries. However, the anticipation of seasonally reduced Chinese demand for U.S. agricultural goods could pressure U.S. wheat export basis levels for March 2021 and forward delivery periods. The United

Markets bounced amid markets’ mixed messages. The latest bearish elements, mainly the rains in South America and the production estimates in Australia, now seem to be integrated and the markets are once again turning to the demand dynamics on the international scene. And, on the physical markets, the fundamentals held up well and the market