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The European Union's weekly wheat exports amounted to 267,292 tonnes in the week to Sunday June 16, according to initial data published by the European Commission on June 18.
China’s corn imports in May fell by a further 11% from April to 1.05 million tonnes, figures from the country’s General Administration of Customs (GACC) released Tuesday June 18 showed, with the level the lowest seen since April 2023 when imports were 1 million tonnes.
US corn, soybean and barley crop conditions declined slightly in the week to Sunday June 16, while spring and winter wheat crop conditions improved slightly, the USDA’s weekly crop progress report showed on Monday June 17.
Fastmarkets commits to publishing on a daily basis the bids, offers, indicative levels or other cash trading indications on any basis and geography that relates to any of the vital markets that have strong ties with Ukraine.
The Russian government decreased the wheat export tax, while corn and barley duties stayed at zero for the June 19-25 period the country's Ministry of Agriculture reported on Friday June 14.
The areas sown under wheat recovered in Western Australia amid rains received and replanting of rapeseed areas, the monthly report from the Grain Industry of Western Australia (GIWA) showed on Friday June 14.
Grain volumes declared for export out of Ukraine totaled 942,000 tonnes during the week to Friday June 14, according to data from the country’s State Customs Service.
The Ukrainian agriculture ministry has updated its forecast for grains and oilseeds production for the 2024/25 marketing year, raising corn, wheat and sunflower seeds figures, while also giving projections for exports, an official note on the ministry’s website showed on Friday June 14.
French soft wheat growing conditions remained stable in the week to Monday June 10, while planting of the corn crop rose to 97%, according to a weekly crop report from French farm agency FranceAgriMer on Friday June 7.
Fastmarkets commits to publishing on a daily basis the bids, offers, indicative levels or other cash trading indications on any basis and geography that relates to any of the vital markets that have strong ties with Ukraine.
Australian winter crops were likely to benefit from the amount of rainfall that has been seen over the week ending Thursday June 13 and that has been forecast for the next few days, with a bias toward the country’s southern regions.
Activity at France’s main grain export hub of Rouen slowed by 48% week on week to 115,474 tonnes of grain in the week to Wednesday June 12, mainly due to the lack of shipments to key destinations such as China and Morocco, data from French port operator Haropa showed.
Fastmarkets commits to publishing on a daily basis the bids, offers, indicative levels or other cash trading indications on any basis and geography that relates to any of the vital markets that have strong ties with Ukraine.
Russian spring grain planting slowed down at the final stretch, progressing another 5.7 percentage points to 93.7% complete in the week to Tuesday June 11, according to agriculture ministry data.
France’s state-backed farm agency FranceAgriMer has moderately increased its forecast for 2023/24 soft wheat exports outside the European Union in its monthly outlook published on Wednesday June 12.
Fastmarkets commits to publishing on a daily basis the bids, offers, indicative levels or other cash trading indications on any basis and geography that relates to any of the vital markets that have strong ties with Ukraine.
The European Union’s weekly wheat exports totaled 269,440 tonnes in the week to Sunday June 9, according to initial data from the European Commission released on Tuesday June 11.
In its first production forecast for the new 2024 marketing year, France’s farm ministry Agreste estimated winter barley production in the country to be around 8.6 million tonnes, down by 10.7% from 2023 but up by 2.6% from the five-year average.
In its third forecast for the 2024 crop, trade association Coceral pegged the total grain crop in the EU27 (the EU’s 27 members) and the UK at 296 million tonnes, slightly above the previous forecast of 295.5 million tonnes and up from the 292.8 million tonnes harvested in 2023.
US corn and soybean planting advanced at a slower pace compared to last year in the week to Sunday June 9, while spring wheat and barley exceeded the pace of 2023, the USDA’s weekly crop progress report showed on Monday June 10.