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According to the US Department of Agriculture, for the period Nov 13-19, 2020 about wheat net sales of 795,700 metric tons (MT) for 20/21–a MY high–were up noticeably from the previous week and up 74% from the prior 4-week average. Increases primarily for China (333,000MT, including 130,000MT switched from unknown destinations), Japan (109,900MT), unknown destinations (69,800MT), Nigeria (63,000MT), […]

US futures markets were closed yesterday, for the Thanksgiving holiday. European and Canadian markets moved little. Unsurprisingly, Egypt bought only 175 000 t of wheat, sourced from Russia at ~US$275/t C&F (including GASC costings, a bit under ten bucks implied). There was one French offer in the mix, about ten dollars out of the money –

US futures markets were closed for the Thanksgiving holiday. Chicago wheat March contract not quoted; Kansas wheat March contract not quoted; Minneapolis wheat March contract not quoted; MATIF wheat March contract up €0.75/t to €210.25; Corn March contract not quoted; Soybeans January contract not quoted; Winnipeg canola January contract down C$1.50/t to $577.40/t; MATIF rapeseed February contract down €2.50 to €410.25; Brent crude January

Mosca – 26 Novembre 2020 Il timore dell’introduzione di una tassa sull’export di grano russo, sta portando molti commercianti ad accelerare le loro vendite verso l’esportazione. Secondo l’Agenzia Statale Russa, le vendite internazionali di grano potrebbero arrivare nel 2020/2021 a 40,8 Mt, cifra record simile al 2017 (40,9 Mt)!

MOSCOW – November 25, 2020 Russia’s grain export quota seen at 15 mln T for Feb 15-June 30. To be distributed among traders based on July-Dec exports. Mongolia, some others may lose Russian grain due to quota. Russia’s grain export quota for February through June 2021 will consolidate the market positions of major traders and

EU Hits USA Hard Red Spring Wheat trade – Durum Wheat free to enter EU Arlington – November 26, 2020 U.S. hard red spring (HRS) wheat exports are caught in the crosshairs of an ongoing trade dispute between the United States and the European Union (EU), to the detriment of U.S. farmers and EU customers

Thanksgiving is very expensive this year. Only canola increased yesterday, while the futures of other cereals declined. The main wheat contracts in the United States at least fell 3%. So, it’s all quiet on the global front with all markets looking forward to the holiday. US politics continue to move closer to the final electoral

Chicago wheat March contract down US21cents per bushel to 596.5c; Kansas wheat March contract down 20.25c/bu to 550.5c; Minneapolis wheat March contract down 8.75c/bu to 561c/bu; MATIF wheat March contract down €2.25/t to €209.50; Corn March contract down 5c/bu to 427.5c; Soybeans January contract down 7.5c/bu to 1185.75c; Winnipeg canola January contract up C$2.10/t to $578.90/t; MATIF rapeseed February contract up €1 to