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Daily Market Wire – December 7, 2020

Chicago wheat March contract down US9cents/bushel to 575.5c/bu; Kansas wheat March contract down 7c/bu to 542.75c/bu; Minneapolis wheat March contract down 3c/bu to 550.5c/bu; MATIF wheat March contract down €1.25/t to €202; Corn March contract down 6c/bu to 420.5c/bu; Soybeans January contract down 5.25c/bu to 1163c/bu; Winnipeg canola January contract down C$4/t to $585.10/t; MATIF rapeseed February contract up €1.75 to €409.25; Brent crude […]

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LAST WEEK MARKET COMMENTS

Week 30 Nov. – 04 Dec. 2020 Chicago wheat, corn and soybean futures edged lower on Friday and were heading for weekly losses as bumper wheat harvests in Australia and Canada along with rain relief for soy and corn crops in Brazil tempered talk of tightening global supplies. A lack of fresh sales of U.S. corn and

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GRAIN & PRICE WEEKLY REPORT

Increased estimates for 2020/21 Australian and Canadian wheat production and Russian wheat exports (see below) pressured all wheat future prices from two weeks ago. StatCan, released its last estimates for Canadian productions. They pegged Canada’s wheat crop at 35.2Mt, which is above surveyed ideas tending slightly under the mid 34s. The production of durum wheat

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E’​ ufficiale: il Canada ha realizzato il suo più grande raccolto degli ultimi sette anni

Ieri l’Agenzia Statale Canadese ha reso nota la propria stima sul raccolto 2020, fissandola a 35,2 milioni di tonnellate, ovvero il livello di produzione più alto degli ultimi 7 anni. 28,6 milioni sono state le tonnellate di grano raccolte. La produzione di grano duro si è attestata a 6,6 milioni di tonnellate, ovvero al di

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CHINA GRAIN SECURITY

Beijin – December 04, 2020 Seeking to improve its food security, China on Dec. 3 published a new draft law on management of its grain reserves that will include oversight of stocks in regions and provinces. The law was drawn up as “new situations and questions have risen regarding grains reserves security administration, posing severe challenges to

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Kazakhstan Wheat 2020

Nur-Sultan – December 4, 2020 Kazakhstan’s geography and climate vary enormously: From steppe in the north, to desert and semiarid regions in the center, to mountains and foothills in the south and southeast. Summer temperatures average 20°C in the north and 30°C in the south. Winter temperatures average −18°C in the north and −3°C in

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CANADA WHEAT NEWS

Greater area and higher yields push wheat production higher Canadian farmers produced more wheat, soybeans, corn for grain, barley and oats in 2020 as a result of favourable conditions compared with the previous year, while canola production was down from a year earlier. Although 2020 has been a difficult year for all Canadians including some agricultural operators due to

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Daily Market Wire – December 4, 2020

Chicago wheat March contract down US4cents/bushel to 584.5c/bu; Kansas wheat March contract down 4c/bu to 549.75c/bu; Minneapolis wheat March contract down 2.5c/bu to 553.5c/bu; MATIF wheat March contract down €1.25/t to €203.25; Corn March contract up 2.75c/bu to 426.5c/bu; Soybeans January contract up 15.25c/bu to 1168.25c/bu; Winnipeg canola January contract up C$4/t to $589.10/t; MATIF rapeseed February contract up €4 to €407.50; Brent crude

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