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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.
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.