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The Russian government has cut its export quota for wheat by 400,000 tonnes for the second half of the marketing year – from February 16 to June 30, an official document dated Wednesday December 18 shows.
US wheat futures declined for a third session on Thursday December 19, as ample global supplies and the dollar's strength bolstered concern about the competitiveness of the country’s exports in global markets.
The German 12.5% FOB wheat APM for February loading was assessed at an €10 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.
Dry weather in the US Midwest during the week beginning Thursday December 19 could exacerbate soil moisture deficits and stress winter wheat crops, which are currently in interseason development.
Three parcels totaling a meagre 35,900 tonnes of milling wheat was all that was exported from Rouen in the week to Wednesday December 18, according to data released by French port operator Haropa.
US weekly net sales of wheat for the 2024/25 crop year totaled 457,900 tonnes during the week to Thursday December 12, up by 58% from the previous week and by 16% from the prior four-week average, the US Department of Agriculture (USDA) said on Thursday December 19.
The German 12.5% FOB wheat APM for February loading was assessed €1 per tonne down at a €10 per tonne premium over the March Euronext contract...
The German 12.5% FOB wheat APM for February loading was assessed at an €10 per tonne premium over the March Euronext contract...
Thailand’s Feed Millers’ Association (TFMA) has reportedly booked up to 100,000 tonnes of feed wheat for March- April shipment in its latest tender, which closed on Wednesday December 18.
Algeria's state grain importer, the Office Algerien Interprofessionnel des Cereales (OAIC), has concluded an international tender for durum wheat for March-April shipment, according to a reports from market participants.
Two South Korean flour millers have purchased a total of 86,800 tonnes of US-origin milling wheat of various grades in a tender that closed on Thursday December 19, sources told Fastmarkets.
Sales of both old and new Argentine soybean crops increased during the week to December 11, while corn and wheat diverged between market years, according to data released by Argentina’s agriculture secretariat on Wednesday December 18.
US wheat futures declined for a second day on Wednesday December 18 as dollar strength bolstered concern that the country’s grain exports will be less competitive on global markets, while European futures edged higher on speculation about the health and size of the upcoming Russian crop.
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.
France's state-backed farm agency FranceAgriMer has further reduced its forecast for total wheat exports from the country to 9.76 million tonnes from the previous forecast of 9.89 million tonnes, down by 41.3% from the 16.6 million tonnes exported in the 2023/24 marketing year.
The US Department of Agriculture’s attaché in Brazil bolstered its estimate for the country’s corn output in the 2024/25 marketing year as yields improve following the El Niño weather phenomenon, which severely impacted the 2023/24 crop.
China imported an estimated 70,000 tonnes of wheat in November, according to data from the country’s General Administration of Customs (GACC) released on Wednesday December 18.
Tunisia's state grain importer has issued an international tender to buy 100,000 tonnes of both milling and durum wheat for shipment between January and February, according to a document seen by Fastmarkets on Wednesday December 18.
US and European wheat futures retreated on Tuesday December 17 amid a lack of fresh bullish headlines and as the dollar's strength weighed on US prices.