wheat

US grain prices were mixed but mostly firm to start the week. For corn we have seen double-digit gains yesterday as demand fundamentals are bullish. Indeed, corn prices were pushed prices more than 2% higher by the close. Soybeans also managed modest gains, thanks to support from another large sale to China reported during the […]

According to the U.S. Department of Agriculture, herewith the US grains inspected and/or weighed for export during the week ending September 23, 2021.

Private exporters reported to the U.S. Department of Agriculture export sales of 334,000 metric tons of soybeans for delivery to China during the 2021/2022 marketing year. The marketing year for soybeans began Sept. 1.

Russian wheat export prices rose for an 11th consecutive week last week. According to the IKAR, Russian wheat with 12.5% protein loading from Black Sea ports for supply in the first half of October, indeed, was at $304 a tonne, free on board (FOB), at the end of last week, up $3 from the previous

US grain prices were mixed on Friday. Corn prices fell nearly 0.75% on expectations of a brisk harvest pace moving forward. Soybeans finished the session with modest gains. Spring wheat was the day’s big winner after firmed 1%. CBOT futures also rose around 0.75%. Kansas peices were down a bit, sheding around 0,03%. On macro

China bought around 2 MMT of Australian wheat so far, out of total 5 MMT in sales made for the current crop which will be harvested Nov-Dec. They have reportedly also canceled several cargoes of French wheat given the quality.

All grains prices were in the green again yesterday. Corn prices rose 0.7%. Soybeans saw much more modest gains of around 0.15%. Chicago wheat contracts were up 1.7%. Kansas wheat contracts, trended 1.98% higher. Minneapilis wheat contracts added 0.88%. Wheat prices jumped on a round of technical buying spurred largely by North American production concerns