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The December Euronext wheat contract gave back some of Wednesday's gains on Thursday November 28, falling by €2.75 per tonne on the day to €211.50 ($223.25) per tonne as of 5:31pm Central European Time, while the March contract also moved lower, falling by €0.75 per tonne to €221.75 per tonne.
Turkey’s state-backed grain storage and supply agency TMO has issued a second, rare export tender, this time for durum wheat, according to documents seen by Fastmarkets on Thursday November 28.
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.
A buy tender launched by Mustaqbal Misr, which had presented itself as a new entity of the Egyptian government, has gone unfilled according to trade sources, with some saying that they had not taken the tender seriously amid doubts over the new company and its documentation.
Brazil’s Paraná state agency Deral has trimmed its estimates for the 2024/25 soybean production to 22.3 million tonnes from the previous 22.4 million tonnes forecast, while slightly reducing its summer corn and wheat output projection, its monthly report showed on Thursday November 28.
Nearly 100,000 tonnes of milling wheat was exported from Rouen in the week to Wednesday November 27, according to data released by French port operator Haropa.
Sales of both old and new Argentine soybean, corn and wheat crop decreased during the week to Wednesday November 20, according to data released by Argentina’s agriculture secretariat on Wednesday November 27.
US wheat futures declined on Wednesday November 27 as traders squared positions ahead of the country's Thanksgiving holiday, while European prices declined on competition from Black Sea producers.
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.
South Africa’s Crop Estimates Committee (CEC) has confirmed its final corn production estimate for the 2024 summer crop season in a report released on Wednesday November 27.
Euronext's commitment of traders report in the week to November 22 showed investors cutting their short positions in wheat futures, however the contract remains firmly net-short.
The German 12.5% FOB wheat APM for January loading was assessed at an €13 per tonne premium over the March Euronext contract...
Tunisia’s state grain importer has awarded a total of eight cargoes in its latest tender for delivery between December and January, according to documents seen by Fastmarkets on Wednesday November 27.
Algeria’s state-backed grain importing agency OAIC has purchased up to 150,000 tonnes of milling wheat for January-March delivery, according to market participants.
Brazilian soybean sowing reached 83.3% of the projected area of 47.3 million hectares in the week to November 24, a weekly advance of 9.5 percentage points. This surpassed the 75% completion rate from a year earlier, national food agency Conab said in its weekly crop progress report published late on Monday November 25.
US wheat futures declined on Tuesday November 26 after a government report showed that winter wheat crop conditions improved more than expected after rain in recent weeks in prime growing regions in the southern Great Plains.
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 EU's weekly wheat exports reached 238,438 tonnes in the week ended Sunday November 24, according to initial data from the European Commission.
Ukraine's winter grain sowing campaign has paused, reaching 98% complete in the week ended Monday November 25, with 5.06 million hectares of the planned 5.18 million ha for the 2025/26 season sown, according to the Ministry of Agrarian Policy & Food.
Jordan’s state grain importer has booked 60,000 tonnes of milling wheat for shipment in the second half of January, trade sources told Fastmarkets on Tuesday November 26.