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Dry conditions in most of Europe have benefitted winter rapeseed and cereal sowing for most of Europe, according to the latest EU Monitoring Agricultural Resources (MARS) report.
Export inspections of US wheat increased by 83% to 360,513 tonnes during the week to Thursday November 21, from 196,746 tonnes the previous week, according to data from the US Department of Agriculture (USDA) released on Monday November 25.
The German 12.5% FOB wheat APM for January loading was assessed at an €10 per tonne premium over the March Euronext contract...
Russian winter wheat planting advanced by less than 1% during the week ending Friday November 22, with the harvest of grains and oilseeds also slowly progressing to its final stages, according to data seen by Fastmarkets.
Bangladesh’s state buying agency, the Directorate General of Food (DGF) has received only three offers in its third 2024/25 marketing year delivery, optional-origin milling wheat tender, which closed on Monday November 25, sources told Fastmarkets.
Algerian state buyer, the Office Algerien Interprofessional des Cereales (OAIC), has returned to the market over the weekend looking for optional origin milling wheat for shipment into shallow water ports, according to the official document released on November 24 which was seen by Fastmarkets.
Soybean sowing advanced 16 percentage points in the week to November 20, reaching 35.8% of the projected area of 18.6 million hectares, according to a Buenos Aires Grains Exchange (BAGE) report released on Thursday November 21.
The German 12.5% FOB wheat APM for January loading was assessed at a €10 per tonne premium over the March Euronext contract...
US wheat futures declined on Friday November 22 as US planting progress and crop conditions continued to improve.
Fastmarkets’ weekly recap of the main movements in global cash markets.
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.
Argentina’s soybean sowing area estimate for the 2024/25 crop was raised by 0.6%, to 17.9 million hectares, while the wheat output was projected at 17.6 million tonnes, the country's Secretariat of Agriculture, Livestock and Fisheries (SagyP) monthly report showed on Thursday November 21.
Estimates of grain output in Western Australia, the key exporting state in the country, have continued to improve, but the quality was expected to be mixed, the Grain Industry of Western Australia (GIWA) said in its monthly report, published on Friday November 22.
Russia’s weekly wheat exports from Black Sea ports more than doubled to 1.1 million tonnes in the week ended Thursday November 21, from 429,271 tonnes a week earlier, data from Fastmarkets’ research team showed on Friday November 22.
The Russian government continued to increase its export tax on wheat, as well as increasing the corn tax for the period of November 27 to December 3, but lowered its rates for barley, according to an update from the country’s agriculture ministry on Friday November 22.
The French corn harvest advanced by 11 percentage points during the week to Monday November 18, with 82% of the total planted area now harvested, according to the latest weekly report from the country’s farm office, FranceAgriMer, released on Friday November 22.
Ukraine exported 927,000 tonnes of grains during the week to Thursday November 21, down by 22,000 tonnes, or 2%, from 949,000 tonnes the previous week, according to data released by the country’s State Customs Service on Friday November 22.
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.
Canada’s grain and oilseed exports totaled 1.17 million tonnes during the week to Sunday November 17, a decrease of 366,400 tonnes, or 24%, from 1.54 million tonnes the previous week, according to data from the Canadian Grain Commission published late on Thursday November 21.
The Americas will experience a mix of conditions in the week beginning Thursday November 21, with favorable weather in the US Midwest supporting the harvest of corn and soybeans, while drought stress in the Southern Plains could hamper winter wheat establishment.