technicalanalysis

According to the U.S. Department of Agriculture, herewith the US grains inspected and/or weighed for export during the week ending December 16, 2021.

Algeria’s state grains agency OAIC has issued an international tender to buy durum wheat for shipment in February.The tender sought for 50,000 tonnes of durum wheat.However, OAIC usually purchases larger volumes.The deadline to present bids is on tomorrow morning.

Russian wheat fell for the third consecutive week last week.Indeed, according to IKAR, Russian wheat with 12.5% protein loading from Black Sea ports for supply in late December or early January  was $329 a tonne free on board (FOB) at the end of last week, down $5 from the previous week.According to SovEcon, wheat export price was down $3 to $335

US farm markets were mixed, but mostly higher, last Friday. Corn prices were up 0,34% at the end of the Friday session and 0,54% for the week, setting the highest price for front month futures since the week of July 14 (when July went off at a big inverse to September).  Soybeans rose 0,63% for the