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Nearly all US grain prices moved moderately lower last Friday. Traders, indeed, has squarred their positions prior the weekend, looking to USDA’s next World Agricultural Supply and Demand Estimates (WASDE) report, which will out tomorrow morning. Meantime, corn faded 0.75%. Soybeans were down around 0.4%. Chicago SRW contracts dropping more than 1% by the close. […]

A pretty quiet week for US grain markets, while other markets have been bubbling higher. Corn prices, indeed, dropped around 2% this week. Soybeans were down 0,28% for the week.  Soymeal was weaker again with a 2.5% drop.  Soyoil, meantime, shot up 4.6%, spurred by a surge in Malaysian palm oil and by crude oil.

The Russian agriculture ministry has amended the export tax for the week October 13–19, for wheat at $58.70, up $0.9 from the previus week, for barley at $49.40, up $6.30 and for corn at $47.20, up $2. Indicative prices are respectively $283.9 for wheat, $255.6 for barley and $252.5 for corn.

Per latest data released on this morning by the local agriculture ministry, Ukrainian farms had harvested 49.4 million tonnes of grain by Oct. 7 from 70.2% of the sown area, with an average yield of 4.41 tonnes per hectare. Ukraine plans to thresh a record 80.3 million tonnes of grain in 2021. Meantime, Ukraine has

According to the FranceAgriMer, crop conditions latest data showed, for the week 39 ending Oct. 4, have seen French corn at 89% from good to excellent, substantially unchanged from prior week. Corn percent harvested, meantime, increased compared to last week from 2% to 7%, but remain well down from 47% a year ago. Soft wheat

US farm markets continued to be mixed but mostly higher yesterday. Indeed, corn and soybeans both trended higher with gains around 0.3% – 0.4%. Wheat prices offered a mixed bag, with spring wheat contracts firming as much as 0.5% while winter wheat contracts trended moderately lower. On macro markets, oil prices continued to be volatile,

According to the US Department of Agriculture, US weekly wheat export sales, for the period September 24-30, 2021, were at 333,200 metric tons (MT). That was up 15% from the previous week, but down 19% from the prior 4-week average. Increases primarily for Mexico (89,100 MT, including decreases of 9,400 MT), SouthKorea (82,700 MT), the

According to the Food and Agriculture Organization of the United Nations (FAO), world food prices rose for a second consecutive month in September to reach a 10-year peak, driven by gains for cereals and vegetable oils. Indeed FAO’s food price index, which tracks international prices of the most globally traded food commodities, averaged 130.0 points