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CHICAGO GRAIN NEWS

Chicago – 28 dicembre 2020 I futures agricoli CBOT hanno mantenuto la tendenza rialzista sul miglioramento della domanda mondiale, poiché il dollaro USA potrebbe continuare a indebolirsi a causa del crescente deficit di bilancio degli Stati Uniti, ha osservato una società di ricerca con sede a Chicago. La rottura delle tendenze laterali a 5 anni […]

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RECORD AUSTRALIAN WHEAT CROP

Canberra – December 28, 2020 Australia’s wheat market is set to welcome the new year with a positive outlook as cargoes are priced to attract ample export demand. Despite price pressures from prospects of an improvement in wheat production, Australia has benefited from the recent rally in Russian wheat prices, which was driven by dry

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PAST WEEK MARKET COMMENTS

The oilseed complex continued to rally week over week. Since mid-September this year, soybeans prices had a strong rally, in line with bullish soybeans view. We have seen calling for higher soybean oil prices for the last three weeks. We continue to believe that soybean oil has further upside given fundamentals of alternative oils are

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GRAINS CHRISTMAS REPORT

December 26, 2020 Usually, the holidays bring in a sloppy performance to the grains, but not so much this year. It is likely the grains will see some sort of retracement going into the holiday, especially after posting strong gains and new highs consistently last week. |The grains gave producers an early Christmas present with

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Daily Market Wire – December 24, 2020

Chicago wheat March contract up US12.5 cents per bushel to 629.75c; Kansas wheat March contract up 12.75c/bu to 588c; Minneapolis wheat March contract up 8.5c/bu to 580c; MATIF wheat March contract up €2.50/t to €211.25; Corn March contract up 3.75c/bu to 447.25c; Soybeans March contract up 10c/bu to 1260c; Winnipeg canola March contract down C$7.30/t to $620.80; MATIF rapeseed February contract down €0.75/t

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US WHEAT EXPORT SALES

Washington December 23, 2020 According to the US Department of Agriculture, for the period Dec.11-17, 2020 about wheat net sales of 393,700 metric tons (MT) for 20/21 were down 27% from the previous week and 34% from the prior 4-week average. Increases primarily for Nigeria (102,000MT), Mexico (70,200MT, including decreases of 200MT), Indonesia (60,000MT), southkorea (57,000MT, including 55,000MT switched

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BRAZIL & ARGENTINA TRADE

Buenos Aires – Brasilia – December 23, 2020 The workers’ strike in the Argentine ports, now in its third week, may disrupt Brazil’s wheat milling operations if it does not end soon, representatives of the Brazilian milling industry. The report cited government data that showed incoming wheat volumes dropping, a sign that the Argentine strike is taking a

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