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China’s corn and wheat imports in August fell to their lowest levels for several years, with the pace of buying in the country slowing after a frenetic phase of imports earlier this year, sources told Fastmarkets on Wednesday September 18.
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.
France's state-backed farm agency FranceAgriMer has cut its forecast for total wheat exports from France by some 4 million tonnes, to 10.1 million tonnes, down by 39.2% from 16.6 million tonnes of exports in the 2023/24 marketing year.
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.
European Union weekly wheat exports amounted to 482,744 tonnes in the seven days to Sunday September 15, according to initial data from the European Commission on Tuesday.
The Russian wheat crop harvest was 78% complete in the week to Monday September 16, out of the 29.8 million hectares planned for the 2024/25 campaign, according to data seen by Fastmarkets on Tuesday, but heavy rainfall in some regions poses a threat to future harvests.
In its production forecast for the new 2024 marketing year, France’s farm ministry Agreste estimates a 9.25 million tonnes, or 26.5%, year-on-year decline in French wheat production to 25.8 million tonnes.
Ukraine's rapeseed sowing campaign advanced by 13 percentage points to 61% complete in the week ended Monday September 16, with 688,400 hectares planted out of the 1.1 million ha planned for 2025/26, according to the country's Ministry of Agrarian Policy.
US corn crop ratings were reported at 65% in good-to-excellent condition in the week to Sunday September 15, exceeding analysts' projections, the USDA’s weekly crop progress report showed on Monday September 16.
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.
Torrential rains across central and eastern Europe over the weekend have caused flooding and damage in several countries, most notably Poland and the Czech Republic.
Canada’s Saskatchewan province led the way in harvest progress, with Manitoba and Alberta not far behind, as reported in provincial reports released September 9-10 and collated by Fastmarkets.
Russian wheat exports decreased on a weekly basis, unable to catch up with last year's pace so far, a Fastmarkets analysis showed on Friday September 13.
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.
Russia has raised its wheat export duty for September 18-24, after cutting it last week, and reduced its corn export duty, the country's agriculture ministry said in an official update on Friday September 13.
Ukraine’s grain export volumes rose to 847,000 tonnes in the week to September 12, up by 315,000 tonnes (59%) from 532,000 tonnes in the preceding seven days, according to data released by the country’s State Customs Service on Friday September 13.
Canada's grain and oilseeds exports rose by 13%, or 76,500 tonnes, week on week in the week ended Sunday September 8, totaling 677,400 tonnes, with gains in corn, soybeans, barley and pea exports outweighed declines in wheat and canola flows, data from the Canadian Grain Commission released on Friday September 13 shows.
The Ukrainian corn crop harvest advanced by 4 percentage points to 6% complete in the week ended Thursday September 12, out of the 4 million hectares planned for the 2024/25 campaign, according to data from the country’s Ministry of Agrarian Policy and Food, released on Thursday.
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.
Just 41,844 tonnes of milling wheat were exported from the port of Rouen in the week to Wednesday September 11, according to data released by French port operator Haropa.