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According to the farm office FranceAgriMer, French farmers had nearly finished harvesting this year’s soft wheat crop by Monday. In fact, as of Aug. 30, farmers had cut 99% of the soft wheat area. Harvest progress remained two weeks behind the pace last year and 11 days slower than the average pace of the past […]

US farm markets closed moderately higher yesterday. Corn futures bounced back, closing with fractionally gains around 0,52%. Soybeans complex were mixed as oil gained so, soybeans closed the Thursday session with gains around 0,43%. CBT SRW prices were 0.07% to 0.43% higher on the day. KC prices recovered 0.39% to 0.86%. Minneapolis wheat bounced from

According to the US Department of Agriculture, US weekly export sales for the period August 20-26, 2021 were: About wheat, at 295,300 metric tons (MT) for 2021/2022. That was up noticeably from the previous week (+154%) and up 15 percent from the prior 4-week average. Mexico with 103,900 MT was the first buyer. Shipments, in

According to the United Nations food agency, world food prices jumped in August after two consecutive months of decline, pushed up by strong gains for sugar, vegetable oils and some cereals. FAO’s food price index, which tracks international prices of the most globally traded food commodities, averaged 127.4 points last month compared with 123.5 in

US farm markets closed mostly double-digits lower yesterday. At the close, the Dec. corn futures finished 2.15% lower. November soybean futures closed 1,14% down. CBOT December wheat futures settled 1.10% lower. KC wheat gave back 1,12% on the day. Minneapolis wheat futures ended the midweek session with 0,52% losses. On macro markets, oil prices fell

Per latest data showed by agriculture ministry, Ukraine has exported 8.6 million tonnes of grain in the first two months of the 2021/22 July-June season versus 7.73 million at the same point a year earlier. That included 4.6 million tonnes of #wheat, 2.8 million tonnes of #barley and 1.26 million tonnes of #corn, the data

Yesterday US farm markets react negatively to the hurricane damage at export facilities. At the close, the Dec. corn futures finished 1.56% lower. November soybean futures settled 0,82% down. Chicago wheat futures closed 0,17% lower. Kansas moved marginally lower. Minneapolis fell 0,68%. On macro markets, oil prices recovered on this morning after the lower yesterday

EU Grain Exports/Imports Update

Yesterday Stats Canada released their July production estimates largely inline with trade expectations. All wheat production was seen 35% lower than last year at 22.9 million mt. Area harvested was seen 8.5% lower at 22.7 million acres while average yield was decreased 29% from last year to 37.2 bpa. The decrease in production was primarily in springwheat,