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The Wheat 27.04.2021

Grain prices soared again yesterday due tight US domestic supplies, the weather worries in Brazil and the late start to plantings in the U.S.. In fact, there’s a solid storm system this week in the US moving through the eastern and southern corn belt, including a lot of the Soft Red Winter wheat areas, but

La domanda cinese e le difficoltà meteorologiche continuano ad alimentare i rally oltre Oceano Le gare egiziane ed algerine, riportato in netto rialzo i prezzi dei cereali europei L’ipotesi di un aumento delle tasse alle esportazione in Argentina arricchisce ulteriormente lo scenario rialzista Mentre i mercati azionari stamattina sono stati pressoché nervosi, a seguito dell’aumento

According to the U.S. DEPARTMENT OF AGRICULTURE, here the Grains Inspected and/or Weighed for export reported in week ending April 22, 2021.

According to the U.S. DEPARTMENT OF AGRICULTURE there was the following outstanding export sale activity: – Export sales of 120,000 metric tons of soybeans for delivery to unknown destinations during the 2021/2022 marketing year. The marketing year for soybeans began Sept. 1.

According to the Russian Ministry of Agriculture, as of April 23 the spring planted areas were: Wheat 456.6k ha or 3.6% of expectations (1mln ha YoY); Barley-1.2 mln ha or 15.6% (2.6 mln ha YoY); Corn-81.4k ha or 2.9% (869.7k YoY); Sunflower-242.9k ha or 2.9%(1.5 mln ha YoY).

RUSSIAN WHEAT EXPORT PRICE RISE AGAIN.

A perfect storm of factors drove grains market to new, multi-year highs past week. Several days of freezing temps in US and French winter wheat areas. The continued dryness threatening Brazil safrinha corn. The suspension of Brazilian import duties on soybeans, corn, meal and oil. Not for last, ther e was rumors China’s bougth of US