philippines

Grain Groupe Soufflet’s Socomac silo in Rouen will be unavailable for deliveries against Euronext ‘s ENX.PA March 2022 wheat futures due to maintenance work, Euronext said on Thursday.Sourced by Reuters.

According to the US Department of Agriculture, US weekly  wheat export sales, for the period Nov. 19-25 were at 79,900 metric tons (MT) for 2021/2022.That is a marketing-year low, down 86% from the previous week and 80% from the prior 4-week average. Increases primarily for Colombia (38,400MT), Mexico (16,800MT, including decreases of 2,300 MT), Malaysia (9,000MT, including 10,400MT switched from the Philippines and decreases of 1,800MT), ElSalvador (7,000MT), and Guatemala (4,300 MT),

Tunisia’s ODC state agency, purchased 100.000 t of soft wheat on CFR basis as following:25.000 t from Bunge – P1 – at 382.00 USD;25.000 t from Casillo – P2 – at 385.68 USD;25.000 t from Casillo – P3 – at 387.68 USD;25.000 t from Cofco – P4 – at 383.40 USD.(EUR/USD = $1.1319).

Tunisia’s ODC state agency, purchased 92.000 t of durum wheat on CFR basis as following:– Viterra 25.000 t P1 at 682.56 USD;– Viterra 17.000 t P3 at 684.09USD;– Casillo 25.000 t P2 at 682.89 USD;– Finagrit 25.000 t P4 at 674.00 USD.(EUR/USD = $1.1319).

According to the FAO, the U.N. food agency, world food prices rose for a fourth straight month in November remaining at 10-year highs as continuing strong demand for wheat and dairy products. In fact, the FAO food price index, which tracks international prices of the most globally traded food commodities, averaged 134.4 points last month