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The lowest offer into today’s international wheat tender lunched by Egypt ‘s state commodities buyer GASC, was believed to be $325.25 a tonne FOB. The wheat was sourced from Ukraine and the offer was submitted by trading house Olam for 60,000 tonnes. The shipment is request between Nov. 23 and Dec. 3. Payment at 180 […]

According to the French farm ministry, corn harvest estimate was revised up. In fact, the ministry pegged this year’s grain maize crop, harvesting of which is in progress, at 13.9 million tonnes this month, up from its previous forecast of 13 million tonnes and 4.3% bigger than last year’s harvest. On the other hand ,the

US farm markets, were mixed but mostly lower to start the week. Traders, indeed, finished to square their positions ahead of today’s WASDE report released by the USDA. Consequentially, corn prices were up around 0,47%. Soybeans, meantime, eroded more than 1% lower, incurring in double-digit losses. Winter wheat contracts were all down around 0.25%. October spring

Russian wheat export prices rose for the 13th consecutive week. Indeed, according to the consultancy IKAR, Russian wheat with 12.5% protein loading from Black Sea ports for supply in the second half of October was valued at $310 a tonne, free on board (FOB) at the end of last week, up $3 from the previous

Nearly all US grain prices moved moderately lower last Friday. Traders, indeed, has squarred their positions prior the weekend, looking to USDA’s next World Agricultural Supply and Demand Estimates (WASDE) report, which will out tomorrow morning. Meantime, corn faded 0.75%. Soybeans were down around 0.4%. Chicago SRW contracts dropping more than 1% by the close.

A pretty quiet week for US grain markets, while other markets have been bubbling higher. Corn prices, indeed, dropped around 2% this week. Soybeans were down 0,28% for the week.  Soymeal was weaker again with a 2.5% drop.  Soyoil, meantime, shot up 4.6%, spurred by a surge in Malaysian palm oil and by crude oil.

The Russian agriculture ministry has amended the export tax for the week October 13–19, for wheat at $58.70, up $0.9 from the previus week, for barley at $49.40, up $6.30 and for corn at $47.20, up $2. Indicative prices are respectively $283.9 for wheat, $255.6 for barley and $252.5 for corn.

Per latest data released on this morning by the local agriculture ministry, Ukrainian farms had harvested 49.4 million tonnes of grain by Oct. 7 from 70.2% of the sown area, with an average yield of 4.41 tonnes per hectare. Ukraine plans to thresh a record 80.3 million tonnes of grain in 2021. Meantime, Ukraine has