Articles By Sam Balf
South Africa’s Crop Estimates Committee (CEC) released its sixth production forecast for summer crops in 2024 on Friday July 26.
Rouen milling wheat exports were sharply lower on the week, down by 69% to 36,300 tonnes in the week to Wednesday July 24 from 117,298 tonnes in the previous week, according to data released by port operator Haropa.
Euronext's commitment of traders report in the week to Friday July 19 showed a rise in the net-short position in wheat futures as investors continued to cut long positions on the exchanges, even as they trimmed short positions.
The European Union’s weekly wheat exports amounted to 500,883 tonnes in the week to Sunday July 21, according to initial data from the European Commission released on Tuesday July 23.
Tunisia’s state grain importer has purchased 100,000 tonnes of feed barley for shipment in early August to mid-September, market participants told Fastmarkets.
The wheat and barley harvest has reached its conclusion in both Romania and Bulgaria after having started earlier this season than usual, with farmers achieving a total crop of 17.8 million tonnes of wheat and 2.6-2.7 million tonnes of barley, market participants told Fastmarkets.
Rouen milling wheat exports were up by 45% week on week, rising to 117,298 tonnes in the week to Wednesday July 17 from 80,843 tonnes in the previous week, according to data released by port operator Haropa.
Tunisia's state grain importer has issued an international tender to buy 100,000 tonnes of feed barley for shipment in early August to mid-September, according to a document seen by Agricensus on Thursday July 18.
Euronext’s commitment of traders report for the week to Friday July 12 showed a large rise in short positions with investor sentiment remaining bearish, while long positions in wheat futures contracted marginally, leading to an big rise in the overall net-short for the contract.
The European Union’s weekly wheat exports amounted to 330,702 tonnes in the week to Sunday July 14, according to initial data from the European Commission released on Tuesday July 16.
Algeria’s state-backed grain importing agency, OAIC, issued a tender to buy a nominal 50,000 tonnes of wheat on Monday July 15, according to a document seen by Fastmarkets.
French soft wheat conditions continued to deteriorate and were estimated at 57% good to very good in the week to July 8, down by 1 percentage point from the previous week, and compares with 80% at the same time last year, according to a weekly report released by farm agency FranceAgriMer on Friday July 12.
France’s state-backed farm agency FranceAgriMer has left its forecast unchanged for 2023/24 soft wheat exports outside the EU in its monthly outlook published on Thursday July 11.
Exports of milling wheat from the port of Rouen in France rose by 24,562 tonnes, or 43% week on week, to 80,843 tonnes during the week to July 10, according to data released by port operator Haropa.
Euronext’s commitment of traders’ report in the week to July 5 showed a rise in short positions, while long positions in wheat futures fell, leading to an overall net short for the contract.
Algeria’s state grains agency OAIC is understood to have made purchases of milling wheat under its international tender, traders told Fastmarkets.
Weekly wheat exports out of the EU amounted to 480,130 tonnes in the week ended July 7, according to initial data from the European Commission released on Tuesday July 9.
The South Korean Flour Miller’s Association (Kofmia) has issued a tender seeking 85,000 tonnes of milling wheat to be sourced from the US and Canada.
Tunisia’s state grain importer has awarded a total of six cargoes in two separate international tenders, according to documents seen by Fastmarkets on Thursday July 4.
Rouen milling wheat exports were down by 54% on the week, falling to 56,281 tonnes from 110,343 tonnes in the week to Wednesday July 3, according to data released by port operator Haropa.