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Australian wheat exports picked up by 19% in July after a drop in June, led by significantly increased shipments into Indonesia and Yemen, while barley and canola flow dropped, according to monthly data from the Australian Bureau of Agricultural and Resource Economics and Sciences (ABARES), published on Friday September 6.
Ukraine’s grain export volumes fell to 532,000 tonnes in the week to September 5, down by 67,000 tonnes, 11%, from 599,000 tonnes in the preceding seven days, according to data from the country’s State Customs Service released on Friday September 6.
Canada's grain and oilseeds exports rose by 39%, or 167,100 tonnes, week on week in the week ended Sunday September 1, totaling 600,900 tonnes, data from the Canadian Grain Commission released on Friday September 6 shows.
The United Nations’ Food and Agriculture Organization (FAO) Food Price Index fell by 0.1 point from its revised July figures to 120.7 points in August, due to decreases in values of cereals which were more significant than increases in prices of vegoils, sugar and meat products, the FAO said on Friday September 6.
The 2024/25 corn sowing has started early in Argentina amid concerns over a lack of rain and the impact of leafhoppers on new crop planted area reduction. The old crop harvest has come to an end, reaching 46.5 million tonnes, reflecting a 25.6% increase from a year earlier, according to the weekly report published by the Buenos Aires Grains Exchange (BAGE) on Thursday September 5.
Heavy rainfall in China and Australia during the week beginning Thursday September 5 is expected to improve soil moisture levels and benefit crops such as wheat and barley. In contrast, drought conditions are forecast to continue in several agricultural areas in the US, affecting corn and soybean.
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.
For the second week in August, not a single milling wheat cargo was loaded at the French Atlantic port of Rouen, according to data released by French port operator Haropa.
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.
US corn and soybean crop ratings were reported at 65% in good-to-excellent condition in the week to Sunday September 1, while winter wheat planting has started, the USDA’s weekly crop progress report showed on Tuesday September 3.
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 publication of reports that the Chinese government has asked state-owned importing companies to restrict purchases of barley and sorghum in 2024 could be an attempt to keep import volumes below the levels seen in 2023, and this could also be the case for wheat and corn imports, trade sources told Fastmarkets in the week started Monday September 2.
Ukraine's winter grain sowing campaign has officially started, with the planting of winter rapeseed already 36% complete, according to the country's Ministry of Agrarian Policy.
The EU’s weekly wheat exports amounted to 301,963 tonnes in the week ended September 1, according to initial data from the European Commission released on Tuesday September 3.
Jordan’s state grain importer has booked 60,000 tonnes of barley for shipment in the first half of October, trade sources told Fastmarkets on Tuesday September 3.
The Australian Bureau of Agricultural and Resource Economics and Sciences (ABARES) revised upward its 2024/25 marketing year estimates for Australian wheat crop by 9% and for exports by 5% compared with its previous report.
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 wheat crop harvest was 68% complete in the week ending Friday August 30, out of the 29.8 million hectares planned for the 2024/25 campaign, according to data seen by Fastmarkets on Monday September 2.
Russian wheat exports continued to increase on a weekly basis but still lagged compared with the previous year, a Fastmarkets analysis showed on Friday August 30.
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.