soybeans

Here, the latest EU Oilseeds Exports/Imports update.

Statistics Canada released the September ’21 export numbers. A total of 1 million mt of wheat (excl. durum) were exported during the month of September. This compares to 1.56 million mt during Sept. 2020. The top destinations this year in September were the US (191k mt) and Indonesia (177k mt). Exports to the US during Aug-Sep are 23% larger than last year. As of September, Canadian wheat exports are running 27% (-962k mt)

Canadian wheat prices for FOB delivery were (Cdn$/mt): – for the N1 class CWRS 13.5% – $514.20, down $24.47 per tonne; – for the N2 class CWRS 13.0% – $459.30, down $70.20/t;– for the N3 CWRS – $435.05, down $6.38 ;– for the N1 CWAD – $840.37, up $6.02 per tonne.(1USD=Cnd$1.245).US HRS for Dec. ’21 is valued at $444/ mt

US farm markets, were mixed yesterday as traders finished to square their positions ahead of today’s WASDE report from USDA.  Thus corn eased slightly, shedding 0,27%.   Soybeans declined 1,41% regestering double digits losses. Wheat tracked modestly higher in some contracts, as CBOT December contract was up 0,20%, Kansas up 0,26%, while Minneapolis was down 0,07%.