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South Africa’s Crop Estimates Committee (CEC) released its seventh production forecast for summer crops in 2024, as well as a first winter production forecast.
Canadian farmers are expected to harvest more wheat, canola and oats in 2024 compared with the prior year, while corn and barley output is expected to trail 2023 levels, according to yield model estimates using satellite imagery and agroclimatic data, Statistics Canada (Stat Can) said on Wednesday August 28.
The Russian wheat crop harvest reached 64% complete in the week ended August 26, from the 29.8 million hectares planned for the 2024/25 campaign, according to data seen by Fastmarkets on Tuesday August 27.
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 EU's weekly wheat exports amounted to 237,666 tonnes in the week to August 25, according to initial data from the European Commission released on Tuesday August 27.
Algeria’s state-backed grain importing agency has issued an international tender for a nominal 120,000 tonnes of corn and 35,000 tonnes of barley, trade sources told Fastmarkets on Tuesday August 27
Yield forecasts for almost all crops have been revised down and are now mostly below the five-year average in the EU’s latest Monitoring Agricultural Resources (MARS) report, published on Monday, August 26.
US corn, soybean crop and spring wheat crop conditions declined in the week to Sunday August 25, the USDA’s weekly crop progress report showed on Monday August 26.
Across Canada’s top crop-growing regions, the province of Saskatchewan leads the way in harvest progress as of the past week, as reported in provincial reports collated by Fastmarkets.
Fastmarkets will not publish any price assessments for wheat, barley, corn, vegoils and meals for Europe, Ukraine and Russia, nor Black Sea sunflower, on Monday August 26 due to holidays in Ukraine and the United Kingdom.
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 grain exports rose by 5% week on week to 854,000 tonnes in the week to August 22, according to data from the country’s State Customs Service released on Friday August 23.
Russia increased its wheat export duty for the August 28-September 3 period after raising it in the previous week, the country’s agriculture ministry said in an official update on Friday August 23.
Russian wheat exports continue to improve from week to week, but still lag compared with last year, a Fastmarkets analysis showed on Friday August 23.
Canada's grain and oilseeds exports fell by 37% week on week in the week ended Sunday August 18, totaling 738,000 tonnes, data from the Canadian Grain Commission released on Friday August 23 shows.
French soft wheat conditions were stable in the week to August 19, with farmers finishing harvest work, according to a weekly report released by farm agency FranceAgriMer on Friday August 23.
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.
Global weather forecasts on Thursday August 22 for the week ahead include hot temperatures and dry conditions across the Americas, Ukraine and China, which could hinder crop development and the pace of harvesting, while Argentina faces the risk of frost affecting wheat crops despite approaching rain.
Ukrainian sunflower and soybean harvesting is picking up the pace amid hot and dry weather conditions, according to data from the country’s Ministry of Agrarian Policy and Food released on Thursday August 22.
Germany’s 2024 harvest will be well below average, German farmers association Deutscher Raiffeisenverband (DRV) said in a statement on Thursday August 22.