RABAT – October 25, 2021

According to a statement released by the Prime Minister’s office on this morning, the government of Morocco, is planning to suspend import duties both on soft wheat and durum wheat. The decrees will discuss during a cabinet meeting programmed on … Read More

WASHINGTON – October 25, 2021

According to the U.S. Department of Agriculture, herewith the US grains inspected and/or weighed for export during the week ending October 21, 2021.

BEIJING – October 25, 2021

According to the Chinese National Grain Trade Center, China sold 891,938 tonnes of wheat, or 88.5% of the total on offer, in the first auction of state reserves since the new harvest. Wheat was sold at an average price of … Read More

LAST WEEK MARKET COMMENT

Grain prices were mixed but mostly higher last Friday.  Corn prices firmed 1%. Soybean prices eased around 0.3% lower. Nearby MGEX spring wheat contracts surged 3.3% higher and surpassed $10 per bushel for the first time in nearly a decade. … Read More

GRAIN & PRICE WEEKLY REPORT

Corn, soybeans and wheat were all higher for the week. US grains markets, indeed, were able to partially resume bullish operations during Friday session. Corn prices rose 2,34% this week, erasing loss the previous week.  Soybeans had a promising rally … Read More

PARIS – October 22, 2021

In today’s session, European wheat prices rose to set fresh contract highs (280 €/ton for December delivery). Wheat prices are supported by a rally in Chicago that has seen the spring wheat contracts in Minneapolis, to surpass 10$/bu. The latest … Read More

PARIS – October 22, 2021

According to the farm office FranceAgriMer, French farmers stepped up harvesting of corn and sowing of winter wheat and barley last week thanks the dry and sunny weather. Indeed, an estimated 32% of corn crop area had been harvested as … Read More

Daily International Grain Market View

US farm markets were sharply down yesterday. Corn prices eroded 1.25% lower. Soybean prices had moved down 1.8%, despite plenty of bullish export data from USDA.  All wheat complex also faded, with December Chicago SRW futures that fellmore than 1%. … Read More

LONDON – October 21, 2021

The International Grains Council (IGC) on this morning raised its forecast for the 2021/22 global corn crop, mainly due to an improved outlook for the United States production.In fact, in its monthly update, the inter-governmental body increased its 2021/22 world corn crop … Read More

BEIJING – October 21, 2021

According to the Chinese government, constant rains in recent weeks have delayed wheat planting in main production regions in China.China indeed, had completed only 26% of winter wheat planting across the nation by Oct. 19, slower by 27 percentage points than normal years.Consequentially, … Read More