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 Canadian wheat prices for FOB delivery were (Cdn$/mt): – for the N1 class CWRS 13.5% – $503,63; – for the N2 class CWRS 13.0% – $496,23; – for the N3 CWRS – $413,99; – for the N1 CWAD – $646,86. (1USD=Cnd$1.259). US HRS prices for Sept. ’21 is valued at $405.00/ mt FOB PNW – […]

oday, private exporters reported to the U.S. Department of Agriculture the following activity: – Export sales of 198,000 metric tons of soybeans for delivery to China during the 2021/2022 marketing year; and – Export sales of 132,000 metric tons of soybeans for delivery to unknown destinations during the 2021/2022 marketing year. The marketing year for

This morning, the Germany’s association of farm cooperatives has revisited its estimates of the country’s 2021 wheat and rapeseed crops. German wheat, indeed, has escaped the crop damage seen in others European countries, and overall wheat harvest quality is reasonable to good. Consequentially, Germany’s 2021 wheat crop is expected to increase by 1.3% on the

A severe drought in Western #Canada and the Northern Plains of the Unite dStates will sharply reduce North American durumwheat production. This year, however, Canada is expected to have a dramatically lower yield, leading to substantially lower durum production. The U.S. durum crop is also down significantly yearover-year, dropping 50% to 900,000 tons. With reduced

US Crop Production 2021 According to the US Department of Agriculture, all US #wheat production for grain is forecast at 1.70 billion bushels, down 3% from the previous forecast and down 7% from 2020. Based on August 1 conditions, yields are expected to average 44.5 bushels per harvested acre, down 1.3 bushel from the previous

Strategie Grains in its monthly report, reduced its forecast for 2021 soft wheat production in the 27-country EU by 1.5 million tonnes to 131.5 million tonnes. Sourced by ESM – European Supermarket Magazine

US grain prices were mixed but mostly lower yesterday. Traders are finishing to square their positions ahead of the August World Agricultural Supply and Demand Estimates (WASDE) report from USDA, out tonigth. Meantime, corn moved around 1% higher by the close. The nearby soybean contracts which will expire this week, spilled 3% lower, while November’s

The two main Russian #agriculture consultancies – IKAR and SovEcon – cut again their estimates for Russia’s 2021 #wheat crop this morning. IKAR cut its forecast wheat crop to 77 million tonnes from 78.5 million. Sovecon has yet to release details of its new forecast to the media, but this morning said on social media

US farm markets bounce back for the most part yesterday. Soybean prices moved nearly 1% higher. Some wheat contracts were more than 2% higher. Corn, in contrast, failed to follow suit finishing the session with fractional losses. On macro markets, oil prices this morning are consolidating the yesterday’s strong gains as a bullish outlook for