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Canada's grain and oilseeds exports fell by 41% week on week in the week ended Sunday August 25, totaling 433,800 tonnes, data from the Canadian Grain Commission released on Friday August 30 shows.
The European Commission expects cereal production for the 2024/25 marketing year to total 264.5 million tonnes, down from an estimated 269.9 million tonnes in the 2023/24 marketing year, it said on Thursday August 29.
Argentina's corn harvest is less than 1% away from completion, and forecast rains are projected to delay sunflower seeding but aid wheat crop development, the Buenos Aires Grains Exchange (BAGE) said in its weekly crop report update on Thursday August 29.
The German 12.5% FOB wheat APM basis assessment for October loading was assessed up €1 per tonne at a €6 per tonne premium to the December Euronext wheat contract...
US and European milling wheat contracts advanced for a third day on Thursday August 29 on continuing concerns about the western European grain harvest and a government report that showed an increase in US net sales and exports.
Drought conditions in much of Ukraine are threatening the sowing of rapeseed, while much-needed precipitation would be welcomed by corn and soybean farmers in the US Midwest, and an easing of heavy rain in northeast China would help with waterlogged fields, Fastmarkets heard on Thursday August 29.
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.
US weekly net sales of wheat for the 2024/25 crop year totaled 532,100 tonnes during the week to August 22, up by 8% from the previous week and by 53% from the prior four-week average, the US Department of Agriculture said on Thursday August 29.
Rouen milling wheat exporters loaded just a few cargoes in the week to Wednesday August 28 for a total of 65,505 tonnes, according to data released by port operator Haropa.
Traders in agricultural derivative instruments will have access to a raft of new “spread” futures contracts that could unlock new trading opportunities as two of the world’s biggest exchanges announced new products on Wednesday August 28.
US and European milling wheat contracts advanced for a second day on Wednesday August 28 after a decline in US crop conditions and on signs that Black Sea producers are unwilling to further reduce prices.
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 German 12.5% FOB wheat APM basis assessment for October loading was assessed up €1 per tonne at a €5 per tonne premium to the December Euronext wheat contract...
South Africa’s Crop Estimates Committee (CEC) released its seventh production forecast for summer crops in 2024, as well as a first winter production forecast.
Euronext's commitment of traders report in the week to Friday August 23 showed the net-short position in wheat futures continued to rise, after investors continued to grow the size of their total short positions on the exchange.
Canadian farmers are expected to harvest more wheat, canola and oats in 2024 compared with the prior year, while corn and barley output is expected to trail 2023 levels, according to yield model estimates using satellite imagery and agroclimatic data, Statistics Canada (Stat Can) said on Wednesday August 28.
Brazil’s second corn crop (safrinha) harvest reached 97.9% complete out of the 16.3-million-hectare projected area in the week to Sunday August 25, a 1.5 percentage point advance and ahead of the 84% completion rate in the same period of 2023, national food agency Conab announced on Monday August 26.
Sales of Argentine soybeans and corn rose for both the 2023/24 and 2024/25 marketing years in the week to August 21, while wheat sales diverged on different market years, according to data released by Argentina’s agriculture secretariat on Wednesday August 28.
Wheat harvesting in the Brazilian state of Paraná advanced by 3 percentage points in the week to Monday August 26, reaching 6% of the projected area of 1.15 million hectares, state agency Deral’s weekly report showed on Tuesday August 27.
US and European milling wheat contracts rebounded on Tuesday August 27, after the USDA reported that US spring wheat conditions declined and with the recent selloff to fresh lows attracting bargain buyers.