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This week there were some showers in the Canadian forecast, however there now is little hope of any significant improvement to the wheat crop. Most all-wheat production estimates for Canada, indeed, have been lowered to 20 from 25 million mt. Durum wheat production in Canada also has clearly been impacted by the dryness and heat.

Private exporters reported to the U.S. Department of Agriculture the following activity: -Export sales of 182,880 metric tons of corn for delivery to Mexico. Of the total, 152,400 metric tons is for delivery during the 2021/2022 marketing year and 30,480 metric tons is for delivery during the 2022/2023 marketing year; -Export sales of 132,000 metric

Morocco ‘s state grains agency ONICL has issued a tender to import around 363,000 tonnes of U.S.- origin durum wheat under a preferential tariff import quota. The deadline for submission of offers in the tender is August 24. The tender calls for shipments to arrive at Moroccan ports by December 31.

US farm markets were mixed but mostly lower yesterday. Corn and wheat saw moderate cuts. The soybean complex, in contrast, was the lone bright spot, with nearby soybean, soymeal and soyoil contracts all trended higher. On macro markets, oil prices are rosing this morning, edging up from a three-week low comapred the previous session, as

According to the U.S. Department of Agriculture, herewith the US grains inspected and/or weighed for export during the week ending August 05, 2021.

Russian wheat prices rose last week. A strong demand from importers and many domestic buyers as well as a worsening outlook for the global crop, are pushing up Russian prices. In this context, according to the agriculture consultancy IKAR, Russian wheat with 12.5% protein loading from Black Sea ports for supply in August was $267

Grain prices got a nice boost last Friday. The optimism of demand and expectations for the lower production estimates by USDA in its next batch of data in next WASDE report that will be releasded on Thursday, are pressuring all markets. Soybeans rose more than 1%. Some wheat contracts trended more than 2% higher. Corn