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Canada’s grain and oilseed exports totaled 899,100 tonnes during the week to Sunday December 8, a decrease of 639,900 tonnes, or 42%, from 1.54 million tonnes the previous week, according to data from the Canadian Grain Commission published on Thursday December 12.
In Argentina, recent rainfall during the week to December 11 improved soil moisture, creating better conditions for crop sowing, according to a Buenos Aires Grains Exchange (BAGE) report released on Thursday December 12, 2024.
US wheat futures declined on Thursday December 12 after the USDA released weak sales and export numbers and the market met technical resistance.
Weather conditions are forecast to remain mostly beneficial for crops in Brazil and Argentina during the week beginning Thursday December 12, underpinning expectations of good soybean and first corn crop yields.
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.
Brazilian food agency Conab has trimmed its estimate for the country's total corn crop in 2024/25 to 119.63 million tonnes while marginally increasing its projection for soybean output to 166.2 million tonnes, its monthly report showed on Thursday December 12.
US weekly net sales of wheat for the 2024/25 crop year totaled 290,200 tonnes during the week to Thursday December 5, down by 12% from the previous week and by 31% from the prior four-week average, the USDA said on Thursday December 12.
Just two cargoes of milling wheat totalling 43,636 tonnes were exported from Rouen in northern France in the week to December 11, less than a third of the 150,000 tonnes exported in the previous week, according to data released by French port operator Haropa.
Saudi Arabia's state grain importer, the General Food Security Authority (GFSA), has issued a tender for 595,000 tonnes of milling wheat for February-April arrival in its sixth tender of 2025, according to an official note published on Thursday, December 12.
US and European wheat futures climbed for a second consecutive day on Wednesday December 11 following the USDA’s reduction of 2024/25 marketing year US ending stocks estimates and EU output projections.
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.
The German 12.5% FOB wheat APM for January loading was assessed at an €11 per tonne premium over the March Euronext contract...
Thailand’s Feed Millers’ Association (TFMA) has purchased 66,000 tonnes feed wheat at $256.30 per tonne CFR Liner Out for March delivery in a tender that closed on Wednesday December 11, trade sources told Fastmarkets.
Australian wheat exporters shipped 1.15 million tonnes in October with the new 2024/25 marketing underway, according to monthly data released on Thursday December 5, by the Australian Bureau Statistics.
Brazilian soybean sowing reached 94.1% of the projected area of 47.3 million hectares in the week ended Sunday December 8, a weekly advance of 4.1 percentage points. This surpassed the 89.9% completion rate from a year earlier, national food agency Conab said in its weekly crop progress report published late on Monday December 9.
US and European wheat futures advanced on Tuesday December 10 after the USDA reduced its estimates for US wheat ending stocks for the 2024/25 marketing year, while bolstering export projections and trimming the global production forecast.
The US Department of Agriculture reduced its estimates for US wheat ending stocks for the 2024/25 marketing year, while bolstering export projections and slightly increasing its global stocks forecast.
The German 12.5% FOB wheat APM for January loading was assessed at an €13 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.
The European Union's weekly wheat exports amounted to 207,333 tonnes in the week to Sunday December 8, according to initial data from the European Commission.