Argentine grains inspectors and oilseeds workers extended on Friday a wage strike as stalling contract negotiations threaten to interrupt exports from one of the world’s main grain producers. Argentina, a top global supplier of corn, soybeans and wheat, is suffering a spate of strikes in its agricultural sector as workers seek pandemic-linked bonuses and higher pay-outs […]
December 12, 2020 Russia is considering imposing a grain export quota and wheat export tax amid rising domestic food prices, three sources familiar with discussions at the government told to the press . The quota and the tax could be imposed for Feb. 15-June 30, two of the sources added. Prime Minister Mikhail Mishustin said
Higher than expected weekly export sales, USDA’s reduced global ending stocks forecast and news that Russia is considering a wheat export tax (see below) supported all wheat futures prices week-over-week. So, Friday’s session was marked by a marked increase in wheat prices on both sides of the Atlantic. Infact, CBOT March Soft Red Winter (SRW)
GRAIN & PRICE WEEKLY REPORT Leggi tutto »
Scorte globali per il 2020/2021 messe a dura prova La forte domanda cinese di cereali potrebbe causare una contrazione delle scorte globali di grano e mais nel MY 2020/21, ma i prezzi del grano vengono supportati dalle possibili misure di limitazione delle esportazioni in Russia Una giornata ricca di rumors quella di ieri che ha
MERCATI: LA CINA LI GUIDA, MA E’ LA RUSSIA A TRACCIARNE IL PERCORSO… Leggi tutto »
According to the U.S. Department of Agriculture, in November, two category four hurricanes made landfall in Central America. Both reached Guatemala as tropical depressions and had a severe impact on agricultural production. Total known losses to date include 165,000 ha of affected crops valued at $4.3 million. Significant losses have been reported in the black
Guatemala City – December 11, 2020 Leggi tutto »
Private exporters reported to the U.S. Department of Agriculture export sales of 130,000 metric tons of soybean cake and meal for delivery to the Philippines during the 2020/2021 marketing year. The marketing year for #soybean cake and meal began Oct. 1.
WASHINGTON, December 11, 2020 Leggi tutto »
Beijin – December 11, 2020 For months they have been warning about impending collapse in prices and doom for speculators, but prices just don’t come down. The average corn price reported by the National Bureau of Statistics peaked in August, but resumed its climb in September-October despite the arrival of newly-harvested corn. The price appeared
Chinese officials attribute record-high corn prices to speculation and hoarding Leggi tutto »
Wheat continued to rise. Corn was eased. The crude oil is dealing higher this morning, close to 47 $/b in NY. The oilseeds markets were mixed yesterday. However, prices should find some support today from the rebound of canola, palm oil and crude oil. Australia grower cash bids were up a buck or two along
Daily International Grains Market View Leggi tutto »
Chicago wheat March contract up US13.25cents/bushel to 596.5c/bu; Kansas wheat March contract up 12.5c/bu to 564.5c/bu; Minneapolis wheat March contract up 7c/bu to 562.5c/bu; MATIF wheat March contract up €2/t to €204.75; Corn March contract down 2.5c/bu to 421.25c/bu; Soybeans January contract down 5.75c/bu to 1150.75c/bu; Winnipeg canola January contract down C$0.40/t to $579.40/t; MATIF rapeseed February contract down €0.25/t to €408.50; Brent crude
Daily Market Wire-December 11,2020 Leggi tutto »
Washington – 10:57AM Dec. 10, 2020 WHEAT The outlook for 2020/21 U.S. wheat this month is for slightly smaller supplies, unchanged domestic use, higher exports, and lower ending stocks. Supplies are reduced on lower imports, which are decreased 5 million bushels to 120 million on a slower-than-expected pace. Exports are raised 10 million bushels to 985 million
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