soybeans

Per latest data released in today’s USDA WASDE report, Canada wheat production was revised down on expected increase in spring wheat abandonment. USDA, indde, estimates Canada wheat production for marketing year (MY) 2021/22 at 21.0 million metric tons (mmt), down 2.0 mmt (9 percent) from last month, 14.2 mmt (40 percent) from last year, and […]

According to the US Department of Agriculture, the outlook for 2021/22 U.S. wheat this month is for reduced supplies, lower domestic use, unchanged exports, and decreased ending stocks. Imports were down 10 million bushels, to 125 million on the import pace. Annual feed and residual use is lowered 25 million bushels to 135 million despite

EU Oilseeds Exports/Imports update

EU Grain Exports/Imports Update

The lowest offer into today’s international wheat tender lunched by Egypt ‘s state commodities buyer GASC, was believed to be $325.25 a tonne FOB. The wheat was sourced from Ukraine and the offer was submitted by trading house Olam for 60,000 tonnes. The shipment is request between Nov. 23 and Dec. 3. Payment at 180

According to the French farm ministry, corn harvest estimate was revised up. In fact, the ministry pegged this year’s grain maize crop, harvesting of which is in progress, at 13.9 million tonnes this month, up from its previous forecast of 13 million tonnes and 4.3% bigger than last year’s harvest. On the other hand ,the

US farm markets, were mixed but mostly lower to start the week. Traders, indeed, finished to square their positions ahead of today’s WASDE report released by the USDA. Consequentially, corn prices were up around 0,47%. Soybeans, meantime, eroded more than 1% lower, incurring in double-digit losses. Winter wheat contracts were all down around 0.25%. October spring

Russian wheat export prices rose for the 13th consecutive week. Indeed, according to the consultancy IKAR, Russian wheat with 12.5% protein loading from Black Sea ports for supply in the second half of October was valued at $310 a tonne, free on board (FOB) at the end of last week, up $3 from the previous

Nearly all US grain prices moved moderately lower last Friday. Traders, indeed, has squarred their positions prior the weekend, looking to USDA’s next World Agricultural Supply and Demand Estimates (WASDE) report, which will out tomorrow morning. Meantime, corn faded 0.75%. Soybeans were down around 0.4%. Chicago SRW contracts dropping more than 1% by the close.