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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.
Forecasts of rain in the prime growing regions of China, Australia and Germany will be a major focus of attention among market participants around the globe this week, as well the prospect of frost in Argentina that could damage wheat, Fastmarkets heard on Thursday August 15.
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 US Department of Agriculture (USDA)’s local attaché in Australia has said that the country’s wheat and barley production is projected to climb in 2024/25, while Australian farmers deal with dramatically different growing conditions depending on location.
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.
The European Union's weekly wheat exports amounted to 488,410 tonnes in the week to Sunday August 11, according to initial data from the European Commission released on Tuesday August 13.
Weekly soybean imports into the EU totaled 55,356 tonnes in the week ended Sunday August 11, according to initial data from the European Commission released on Tuesday August 13.
US corn and soybean crop conditions were unchanged in the week to Sunday August 11, while the winter and spring wheat harvests advanced at a faster clip than projected, the USDA’s weekly crop progress report showed on Monday August 12.
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 reached 56% complete out of the 29.8 million hectares planned for the 2024/25 campaign in the week ended August 9, according to data seen by Fastmarkets on Monday August 12.
Canada’s top crop-growing regions continued to endure crop damage due to insufficient moisture and increasing heat in the week to August 5-6, although recent thunderstorms have provided some relief, as reported in provincial reports collated by Fastmarkets.
The Russian Ministry of Agriculture has reduced the export duty on wheat and increased it on corn for the week of August 14-20, leaving the duty on barley unchanged, according to data from the official website published on Friday August 9.
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 886,507 tonnes in the week ended Friday August 9, largely stable from the previous week, a Fastmarkets analysis of port lineup data showed.
Ukraine’s grain exports doubled week on week to 1.2 million tonnes in the week to August 8, according to data from the country’s State Customs Service released on Friday August 9.
Total grains and oilseeds exports from Canada in the 2023/24 marketing year amounted to 43.2 million tonnes, a 2.9 million-tonne (6%) decrease from the previous year, with 761,700 tonnes shipped during the week ended July 31, according to data from the Canadian Grain Commission published on Friday August 9.