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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.
Forecast corn yields were cut, but most other crops held at yield forecasts close to five-year averages in the EU’s latest Monitoring Agricultural Resources (MARS) report published on Monday July 22.
The Russian grain crop harvest progressed by another 10.5 percentage points through the week ended July 19, including a wheat harvest that is 37.8% completed, while yields again declined, according to data seen by Fastmarkets on Monday July 20.
The USDA’s cattle on feed report released on Friday July 19 estimated the number of cattle in the nation’s feedlots at 11.3 million head on July 1, in line with market estimates and 1% above last year’s 11.24 million head.
Fastmarkets’ weekly recap of the main movements in global cash markets.
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’s wheat exports from Black Sea ports decreased by 7% from the previous week to 575,560 tonnes in the week ended Friday July 19, a Fastmarkets analysis of port line-up data showed.
The Russian government has lowered the wheat export tax for the week of July 24-30 after little support seen last week, while the corn and barley taxes stayed at zero, an official update from the agriculture ministry showed on Friday July 19.
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.
Ukraine's grain exports fell by 2% to 757,000 tonnes in the week to Thursday July 18, with the increase in wheat volumes failing to offset the drop in corn and barley outflows, according to data from the country’s State Customs Service released on Friday July 19.
French soft wheat conditions continued to deteriorate and were estimated at 52% good to very good in the week to July 15, down by 5 percentage points from the previous week, and compared with 80% at the same time last year, according to a weekly report released by farm agency FranceAgriMer on Friday July 19.
Canada's grain and oilseed exports fell by 22% to 547,000 tonnes in the week to Sunday July 14, with a decrease in the flow of almost all major crops for a second week in a row, according to data from the Canadian Grain Commission published on Friday July 19.
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.
Ukraine’s harvest reached 24% completion in the week to Thursday July 18, according to government data released on Thursday, while the duration of exposure to high temperatures will determine the effect on the formation of the yield of late crops.
In Ukraine, drought conditions are expected to linger in much of the country, with central, southern and eastern regions expected to see 20-30% reductions in the harvests of late crops such as corn, sunflower seeds and soybeans.
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.
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.
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.