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Exports of milling wheat from the port of Rouen increased by 181% in the week to Wednesday February 19 to 72,580 tonnes, compared with 25,831 tonnes in the previous week, according to data released by French port operator Haropa on Thursday February 20.
Fastmarkets commits to publishing daily the bids, offers, indicative levels or other cash trading indications on any basis and geography related to any vital markets with strong ties with Ukraine.
Export inspections of US wheat rose by 104% to 492,658 tonnes during the week to Thursday March 13 from 241,646 tonnes the previous week, according to data from the USDA released on Monday March 17.
Ukraine exported 816,000 tonnes of grains during the week ended Sunday March 16, a decrease of 148,000 tonnes, or 15%, from the previous week, according to data released by the country's State Customs Service.
The Japanese agriculture ministry has issued an international tender to buy 122,456 tonnes of US, Canadian and Australian wheat, according to an official note published by the ministry on Monday March 17.
Fastmarkets’ weekly recap of the main movements in global cash markets.
Investors in the US corn markets slashed long positions while amassing shorts in the week to Tuesday March 11, helping trim the net-long to its lowest since early December; meanwhile the soybean net-short declined, data from the Commodity Futures Trading Commission (CFTC) showed late on Friday March 14.
Fastmarkets commits to publishing daily the bids, offers, indicative levels or other cash trading indications on any basis and geography related to any vital markets with strong ties with Ukraine.
US and European wheat futures declined on Friday March 14, with market participants saying that recent gains were overdone given the supply and demand fundamentals, particularly amid concerns about the effect of US tariffs on global trade flows.
Exports of milling wheat from the port of Rouen totalled just 48,000 tonnes in the week to March 5, up from 10,280 tonnes in the previous week, according to data released by French port operator Haropa on Thursday March 6.
Russia’s wheat exports from Black Sea ports fell their lowest level in several years in the week ending Thursday March 13, totaling 92,720 tonnes, according to Fastmarkets analytics data published on Friday March 14.
Russia has lowered its export duties on wheat, corn and barley for March 19-25, the country’s agriculture ministry said on Friday March 14.
Exports of milling wheat from the port of Rouen totalled just 10,280 tonnes in the week to February 26, according to data released by French port operator Haropa on Thursday February 27.
Canada’s grain and oilseed exports amounted to 814,400 tonnes in the week to Sunday March 9, down by 117,000 tonnes, or 13%, from 931,400 tonnes in the previous week, as a decline in wheat and soybean shipments outweighed the growth in canola and durum exports, according to the latest data from the Canadian Grain Commission.
France's state-backed farm agency FranceAgriMer has decreased its forecast for 2024/25 soft wheat exports to 9.58 million tonnes, compared with its previous forecast of 9.74 million tonnes, in its March outlook published on Wednesday March 12.
French farm agency FranceAgriMer's latest crop report for the week of March 4–10 indicated stable conditions for soft wheat and winter barley, a slight decline in durum wheat conditions, and spring barley sowing reaching 92%.
A prolonged spell of dry, windy conditions in the week beginning Thursday March 13 will intensify drought concerns in the US’ southern Plains, where winter wheat is already showing signs of stress. Record-low moisture and gusty winds are forecast to persist across key wheat-growing regions, setting the stage for a challenging week for farmers who are counting on timely precipitation.
Fastmarkets commits to publishing daily the bids, offers, indicative levels or other cash trading indications on any basis and geography related to any vital markets with strong ties with Ukraine.
US and European wheat futures advanced on Thursday, March 13, with the Kansas contract extending gains over Chicago amid concerns that dry, windy weather could further stress winter wheat crops in the southern Great Plains.
Spring planting of cereal and leguminous crops has officially begun on a mass scale in 14 regions across Ukraine, according to the latest update from the Ministry of Agrarian Policy on Thursday March 13.