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According to the farm office FranceAgriMer, French softwheat harvest sped up last week as dry weather offered farmers a respite after heavy rainfall, but was still lagging far behind last year. In fact, about 47% of the French soft wheat crop area had been cut by Monday this week, up from 14% a week earlier […]

The European Commission this morning raised its forecast of usable production of common wheat in European Union’s 27 member countries. For 2021/22 season the available common wheat is 127.7 million tonnes compared to 125.8 million estimated last month. In 2020/21 season was of 117.2 million tonnes. The Commission kept unchanged its outlook for EU common

US farm markets surged yesterday as hot and dry weather persists in the U.S. MIdwest. Indeed, Chicago wheat jumped 2,39%; Kansas wheat gained 2,27%; Minneapolis moved 1,63% higer; Corn was up1,59%; Soybeans took 1,09%. On macro markets, oil prices dropped this morning but remained on track to post steep weekly gains. In fact, Brent crude futures

ASX wheat September contract up $7.70/t to A$316/t; Chicago wheat September contract up US16.5c/bu to 705.25c; Kansas wheat September contract up 15c/bu to 674.5c; Minneapolis wheat September contract up 14.75c/bu to 918.5c; MATIF wheat September contract up €4.50/t to €220.75/t; MATIF corn August contract up €5.25/t to €267.25/t; Chicago corn September contract was up 8.75c/bu

The International Grains Council (IGC) this morning trimmed its forecast for the 2021/22 global wheat crop outlook by 1 million tonnes to 788 million as the diminished outlook for North America are only partially offset by improved prospects in the European Union. In fact, the IGC cut its forecast for this year’s U.S. wheat crop

According to the U.S. Department of Agriculture, for the week ended July 22, U.S. exporters sold 515,200 tonnes of wheat for export, up 9% from last week and 46% more than the prior four-week average. Exports of 345,000 MT were down 27 percent from the previous week, but up 2 percent from the prior 4-week

US farm markets closed stronger, yesterday. Chicago wheat moved 2.11 higher%; Kansas wheat gained 2,8%; Minneapolis wheat jumped 2,9%; Corn was marginally up 0,09%; Soybean took a 0,24%. On macro markets, crude inventories fell by 4.1 million barrels in the week to July 23, the U.S. Energy Information Administration (EIA) said, helped by lower imports

ASX wheat September contract up $3.80/t to A$309.30/t; Chicago wheat September contract up US14.25c/bu to 688.75c; Kansas wheat September contract up 18c/bu to 659.5c; Minneapolis wheat September contract up 25.5c/bu to 903.75c; MATIF wheat September contract up €4.25/t to €216.25/t; MATIF corn August contract up €3.5/t to €262/t; Chicago corn September contract was up 0.5c/bu

US farm markets were mixed yesterday as small moves occurred overnight. In deed, corn was down 0.18%; Soybeans gained 0.32%; Chicago wheat fall 0.38%; Kansas was up 0.39%; Minneapolis moved 0.05% lower. On macro markets, oil prices climbed this morning after industry data showed U.S. crude and product inventories fell more sharply than expected last

ASX wheat September contract up $5/t to A$305.50/t; Chicago wheat September contract down US2.5c/bu to 674.5c; Kansas wheat September contract up 2.5c/bu to 641.5c; Minneapolis wheat September contract down 0.5c/bu to 878.25c; MATIF wheat September contract down €1/t to €212/t; MATIF corn August contract up €0.5/t to €258.5/t; Chicago corn September contract was down 1c/bu