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Week 23-27 November 2020 Price changes week on week. Grain and oilseed complex closed marginally higher in the short trading week due to the US’s Thanksgiving holiday. The fundamental remain, persistant dryness in south America, continued deamand from China, and expected USD weakness. In our view, there is more potential price upside in both the Corn […]

US futures markets firmed on Friday. The US dollar index weakened to 91.8. Coronavirus vaccines have started shipping over the weekend, with distribution set to start (slowly) in coming days. The overall question remains how quickly larger quantities can become available, but the first steps are underway. In the meantime, case counts continue to spike

Karachi – November 28, 2020 Two vessels Densa Jaguar and Scarlet Lady carrying 52,500 and 63,000 tonnes of wheat, respectively, were berthed at the Karachi Port and Port Qasim on Friday, the Trading Corporation of Pakistan (TCP) said. With the arrival of these two vessels, the TCP has so far imported a total of 391,625

North America grain, oilseed and pulse production in 2020 was amazingly good given the environment that some crops were given to develop in. Drought impacted a huge part of the continent this year extending from the heart of Canada’s Prairies through the northern and western US Plains and all of the far western states into northern Mexico.

According to the latest International Grains Council (IGC) monthly report, total world wheat and coarse grains production in 2020-21, following a small decline this month, at 2219 million tonnes (Mt) is now 33Mt above the 2019-20 crop. Despite production declines seen over recent months, world maize output is still expected to be record 1146Mt, with record

Accordining to Swedbank Corporates & Institutions, Linas Agro Group had divestment of an over 2,000 ha agricultural land portfolio, located in the most fertile regions of Lithuania, to INVL Asset Management Sustainable Timberland and Farmland Fund II. The group will use proceeds from the sale for planned investments and business development. Linas Agro Group is a leading agriculture and

According to Istat, the Italian statistics agency, exports of pasta increased by 30% in the first six months of the year compared with the same period in 2019. And even if, italians remain the biggest eaters of pasta worldwide, munching through 23kg per head annually, the country’s pasta-makers export 60% of their production, mostly to

According to the U.S. DEPARTMENT OF AGRICULTURE, herewith, the Outstanding Durum Wheat Export Sales Report, for the period Nov. 13-19, 2020.  

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 –