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MOSCOW – December 8, 2020 Accordin Routers, Russian wheat export prices fell slightly last week amid healthy supply from domestic farmers, analysts said on Monday. Russian wheat with 12.5% protein loading from Black Sea ports for supply in December was at $252 a tonne on a free-on-board (FOB) basis at the end of last week, […]

Earlier this week, the December ABARES report made some revisions to Australian wheat production which weighed heavily on the market. Total wheat production is factored at 31.2mmt – the second highest on record. NSW and VIC are both looking at record production with SA expected to reap an above average crop. Based on current deliveries,

Canadian Statistics Agency production number for durum wheat also came in 437,000 mt bigger than their September number, thus relaxing the balance by that amount.

BAAR, SWITZERLAND — December 08, 2020 Glencore Agriculture has officially rebranded as Viterra. With more than 16,000 employees operating in 37 countries, Viterra’s network of storage, processing and transport assets connects producers and consumers to supply sustainable, traceable and quality-controlled agricultural products. “Today is a historic day for our business, as we adopt the Viterra name

This morning, the Eurodollar is steady at 1.2120; the rouble is up vs. dollar at 73.80. The crude oil in NY is stabilizing at 45.40 $/b. Slowly but surely, the business is slowing down before the end-of-year break. In Europe, the Brexit is still at a standstill a few days ahead of the end of

Alla fine della scorsa settimana tutti i cereali, hanno subito perdite generalizzate. Anche questa settimana, inizia in rosso a seguito del graduale miglioramento delle condizioni metereologiche nelle principali aree di produzione e della permanenza di alcune incertezze socio politiche su entrambe le sponde dell’Atlantico. Secondo l’Agenzia Statale Francese, il grano attualmente viene considerato al 96%

Monday, December 7th 2020 Brazilian farmers have sold 56.5% of their beans in advance through December 4, Safras & Mercado, an agribusiness consultancy, said in a statement last Friday. Considering Brazil is poised to collect 133.517 million tons of the oilseeds this season, the volume of pre-sold soy amounts to an estimated 75.403 million tons, Safras

China affirmed its increased grain imports of corn and wheat are not the reason for rising global grain prices. A Chinese official attributed the increase in prices to the continued coronavirus (COVID-19) pandemic and food security uncertainty. Huang Hanquan, an official with the National Development & Reform Commission, noted export restrictions and food reserve stockpiling

December 07, 2020 PRODUCTION After the lowest global production of durum for five years in 2019/20, production in 20/21 is expected to increase sharply year on year, however, the durum wheat market should remain tight. The sharp increase in production from last season can be primarily attributed to Canada, USA, (up 30% from the previous