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The European Commission has updated its forecasts for usable cereal production in the EU for the 2024/25 marketing year, reflecting slight adjustments compared with previous estimates and notable differences from the five-year average, Fastmarkets heard on Friday November 29.
Ukraine exported 771,000 tonnes of grains during the week ended Thursday November 28, marking a weekly decrease of 156,000 tonnes (17%) from the previous week, according to data released by the country’s State Customs Service on Friday November 29.
The French corn harvest advanced by 7 percentage points in the week to Monday November 25, with 89% of the total planted area now harvested, according to the latest weekly report from FranceAgriMer.
Canada’s grain and oilseed exports totaled 1.1 million tonnes in the week to Sunday November 24, down by 70,300 tonnes, or 6%, from 1.17 million tonnes a week earlier, according to data published by the Canadian Grain Commission on Friday November 29.
The German 12.5% FOB wheat APM for January loading was assessed at an €13 per tonne premium over the March Euronext contract...
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.