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US weekly net sales of wheat for the 2024/25 crop year totaled 164,800 tonnes during the week to January 16, down by 68% from the previous week and by 55% from the prior four-week average, the US Department of Agriculture said on Friday January 24.
Ukraine exported 1.13 million tonnes of grains during the week ended January 23, up by 213,000 tonnes, or 23%, from the previous week, according to data released by the country’s State Customs Service on Friday January 24.
Canada’s grain and oilseed exports totaled 906,000 tonnes during the week to January 19, a decrease of 262,500 tonnes, or 22%, from 1.17 million tonnes the previous week, according to data from the Canadian Grain Commission published on Friday January 24.
Higher corn prices are leading Asia-based importers to switch to buying feed wheat, as the narrowing price differential between the two grains encourages end users to substitute their buying.
US and European wheat futures were little changed on Thursday January 23, with market participants trying to measure the impact of this week’s winterkill event in the US northern Plains while also considering a tightening global supply-demand balance.
The cold front expected to arrive in the US on Thursday January 23 will bring frigid temperatures to the Plains and Midwest through Wednesday January 29. Thin snow cover in some areas raises concerns that winter wheat could be exposed to damaging cold.
The German 12.5% FOB wheat APM for March loading was assessed at an €11 per tonne premium over the March Euronext contract...
Argentina’s wheat output totaled 18.6 million tonnes in 2024/25, up by 23.2% from the previous crop year’s 15.1 million tonnes and 8.8% above the average for the past five years, on the back of a higher area and yield, Buenos Aires Grains Exchange (BAGE) said in its final 2024/25 crop report released on Wednesday January 22.
Just 11,400 tonnes of milling wheat were exported from Rouen in the week to Wednesday January 22, according to data released by French port operator Haropa on Thursday January 23.
US and European wheat futures edged lower on Wednesday January 22 after Tuesday’s rally, which was spurred by a flurry of announcements from President Trump, lost momentum.
The German 12.5% FOB wheat APM for March loading was assessed at a €11 per tonne premium over the March Euronext contract...
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.
Euronext's commitment of traders report in the week to Friday January 17 showed an increase in bearish sentiment in wheat futures on the exchange, as the net-short position grew wider over the week.
South Korean feed importer Nonghyup Feed Inc (NOFI) has purchased up to 136,000 tonnes of corn and 65,000 tonnes of feed wheat for arrival in April and June via tenders that closed on Wednesday January 22, sources told Fastmarkets.
Brazilian grain exporters’ association Anec increased its estimate for Brazilian corn, soybean and wheat exports in January its weekly report published on Tuesday January 21.
US and European wheat futures jumped on Tuesday January 21, one day after President Trump’s inauguration, as he signaled a less aggressive approach to tariffs than some market participants projected and has delayed implementation of a review of existing trade agreements and policies with Canada, Mexico and China.
Jordan's state grain importer booked 60,000 tonnes of milling wheat in a tender that closed on Tuesday January 21, sources told Fastmarkets.
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 decreased by 12.5% to 261,786 tonnes during the week to January 16, down from 299,191 tonnes in the previous week, according to data from the USDA released on Tuesday January 21.
The European Union's weekly wheat exports amounted to 101,359 tonnes in the week to Sunday January 19, according to initial data from the European Commission.