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The US Department of Agriculture (USDA)’s attaché in Kazakhstan expects that the country’s wheat and barley production will jump in the 2024/25 marketing year, but farmers are concerned that a bumper harvest and barriers to trade will lower prices for both grains.
Canada’s agriculture and fertilizer industries are among the sectors that will be seriously hit if the country’s two largest railroad companies cease operations on Thursday August 22, as they have threatened to do if no agreement is reached with a union.
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 amounted to 337,449 tonnes in the week ended August 18, according to initial data from the European Commission released on Tuesday August 20.
Harvest progress across Alberta, Saskatchewan and Manitoba — Canada’s top crop-growing regions — continued under way in the week to August 13, with concerns for crop conditions because of hot and dry weather, as reported in provincial reports collated by Fastmarkets.
US corn, soybean and barley crop conditions were unchanged in the week to Sunday August 18, while spring wheat conditions improved week on week, the USDA’s weekly crop progress report showed on Monday August 19.
The Russian wheat crop harvest reached 58% complete out of the 29.8 million hectares planned for the 2024/25 campaign in the week ended August 16, according to data seen by Fastmarkets on Monday August 19, while a decline in yields affected almost all regions where mass harvesting is taking place.
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.
China’s corn imports in July rose by 18.5% from June to 1.09 million tonnes, estimates from the country’s General Administration of Customs (GACC) released on Sunday August 18 show.
Canada’s new 2024/25 marketing year started with higher weekly wheat and rapeseed export numbers compared with a year ago, while exports of other crops are also noticeably higher, according to data from the Canadian Grain Commission published on Monday August 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.
Russia’s wheat export volumes from Black Sea ports totaled 951,299 tonnes in the week ended Friday August 15, an increase of 7% from the previous week, a Fastmarkets analysis of port lineup data showed.
The Russian wheat export tax has risen threefold for the August 21-27 period after declining for a few weeks in a row, the official update from the agriculture ministry showed on Friday August 16.
Germany is facing its worst grain harvest since 2018 because of a lower planted area, as well as worse yields, the German farmers’ association Deutscher Raiffeisenverband (DRV) said in a statement on Friday August 16.
Wheat exporters loaded just two cargoes at Rouen, in northern France, in the week to Wednesday August 14, amounting to a total of 43,454 tonnes, according to data released by port operator Haropa.
Ukraine’s grain exports fell by 31% week on week to 813,000 tonnes in the week to August 15, according to data from the country’s State Customs Service released on Friday August 16.
French soft wheat conditions declined by 1 percentage point in the week to August 12, according to a weekly report released by farm agency FranceAgriMer on Friday August 16.
The International Grains Council (IGC) has lowered its world grain production forecast for the 2024/25 marketing year by 6 million tonnes to 2.315 billion tonnes, with the EU accounting for a large portion of the downgrade, according to the council’s latest monthly report.
Western Australian wheat output estimation was revised up by 9% month on month amid continued rain and warm weather conditions in the state, the monthly report from the Grain Industry of Western Australia (GIWA), released on Friday August 16 shows.
Ukraine’s farmers have reached a landmark stage of the season in the week to Thursday August 15, finishing the harvest of the early group of grains and starting the harvest of sunflowers and soybeans, according to government data.