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Egypt’s state grain buyer GASC, got different offers in its today’s wheat tender to buy an unspecified quantity of wheat for shipment Jan. 9-20.The lowest offer was at $350.85 per tonne for 60,000 tonnes of Romanian wheat on a free-on-board (FOB) basis.Particularly, the offer was presented by Abu Dhabi-based multinational animal feed and essential food commodities specialist, called Al […]

Russian wheat prices gained for the 6th consecutive week last week.Indeed, according to IKAR, Russian wheat with 12.5% protein loading from Black Sea ports for supply in the first half of December was $340 a tonne free on board (FOB) at the end of last week, up $6 from the previous week.According to SovEcon, wheat export price was up $6 to

US farm markets, on the whole, reacted well to the global sell-off last Friday, ending the week mixed but above all on the upside. Corn prices came 20 cents off lower at the open and then posted a late session rally to come out of day with a 1,21% gain and a week’s gains about

Concern that a new Covid variant identified in South Africa will lead to new outbreaks that derail the global economy hammered world equity and commodity markets yesterday, sparking the safe-haven demand of US T-notes, gold and cash. But the US farm markets, all in all, reacted well to the global sell-off, ending the week in a

Traders tracking EU grain flows are particularly exasperated by the lack of complete weekly information, as French customs have managed to issue complete data only in their monthly trade updates.Indeed, there were only incomplete wheat weekly export data from France, for the last four months due a technical glitch. That, is becoming a major issue