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Wheat Acres To Expand For First Time In 8 Years U.S. farmers will be planting more total wheat acres for 2021, thanks to stronger demand, higher grain prices and good weather conditions. US Agency predicts 46 million total acres of wheat will be planted—a 1.7-million-acre increase over the 44.3 million acres of wheat planted in […]

Beijin – December 01, 2020 CUSTOMS data released last week reveals that China’s insatiable demand for grain continued unabated in October. This was led primarily by demand from the country’s rapidly rebounding pork sector, which was decimated by African Swine Fever in late 2018 and through 2019. China imported a staggering 1.14 million tonnes (Mt)

December, 01 2020 Global corn production in the 2020-21 marketing year was revised downward by 10 million tonnes by Expert Ag. in their last November Report . Expert Ag. said the reduced output was mainly linked to smaller crops in the United States, European Union and Ukraine. Overall global grain production was revised downward by 7 million tonnes

Futures markets fell across the board; there was needed to experience a bearish correction after the sharp increase in prices of recent weeks. And this is what happened yesterday on the back too of beneficial rains in the US and in South America and after ABARES published estimate the Australian wheat crop at 31.17 Mt

Venerdì scorso i mercati sono stati abbastanza calmi con le piazze americane aperte solo mezza giornata. Chicago, comunque, ha concluso la sessione con una leggera nota positiva. L’Egitto ha acquistato 175.000 t di grano proveniente dalla Russia. La maggior parte delle attività ha riguardato il mais con acquisti di origine statunitense da parte della Corea

Private exporters reported to the U.S. Department of Agriculture the following activity: –Export sales of 140,000 metric tons of corn for delivery to unknown destinations during the 2020/2021 marketing year; and –Export sales of 204,000 metric tons of corn received in the reporting period for delivery to unknown destinations during the 2020/2021 marketing year. The

US futures markets firmed on Friday. The US dollar index weakened to 91.8. Coronavirus vaccines have started shipping over the weekend, with distribution set to start (slowly) in coming days. The overall question remains how quickly larger quantities can become available, but the first steps are underway. In the meantime, case counts continue to spike

Chicago wheat March contract up US9.5cents/bushel to 606c/bu; Kansas wheat March contract up 14.75c/bu to 565.25c/bu; Minneapolis wheat March contract up 8.5c/bu to 570c/bu; MATIF wheat March contract down €0.25/t to €210; Corn March contract up 6.25c/bu to 433.75c/bu; Soybeans January contract up 7.75c/bu to 1191.75c/bu; Winnipeg canola January contract up C$5.60/t to $583/t; MATIF rapeseed February contract up €3.75 to €414;

Algeria’s head of grain imports was fired because of “toxic Black Sea wheat”. But, Algeria hasn’t bought any Black Sea wheat officialy, as we recall.