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Russia’s wheat exports from Black Sea ports fell their lowest level in several years in the week ending Thursday March 13, totaling 92,720 tonnes, according to Fastmarkets analytics data published on Friday March 14.
Russia has lowered its export duties on wheat, corn and barley for March 19-25, the country’s agriculture ministry said on Friday March 14.
Exports of milling wheat from the port of Rouen totalled just 10,280 tonnes in the week to February 26, according to data released by French port operator Haropa on Thursday February 27.
Canada’s grain and oilseed exports amounted to 814,400 tonnes in the week to Sunday March 9, down by 117,000 tonnes, or 13%, from 931,400 tonnes in the previous week, as a decline in wheat and soybean shipments outweighed the growth in canola and durum exports, according to the latest data from the Canadian Grain Commission.
France's state-backed farm agency FranceAgriMer has decreased its forecast for 2024/25 soft wheat exports to 9.58 million tonnes, compared with its previous forecast of 9.74 million tonnes, in its March outlook published on Wednesday March 12.
French farm agency FranceAgriMer's latest crop report for the week of March 4–10 indicated stable conditions for soft wheat and winter barley, a slight decline in durum wheat conditions, and spring barley sowing reaching 92%.
A prolonged spell of dry, windy conditions in the week beginning Thursday March 13 will intensify drought concerns in the US’ southern Plains, where winter wheat is already showing signs of stress. Record-low moisture and gusty winds are forecast to persist across key wheat-growing regions, setting the stage for a challenging week for farmers who are counting on timely precipitation.
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.
US and European wheat futures advanced on Thursday, March 13, with the Kansas contract extending gains over Chicago amid concerns that dry, windy weather could further stress winter wheat crops in the southern Great Plains.
Spring planting of cereal and leguminous crops has officially begun on a mass scale in 14 regions across Ukraine, according to the latest update from the Ministry of Agrarian Policy on Thursday March 13.
Tunisian state grain importer Office des Céréales (ODC) has issued an international tender for 100,000 tonnes of wheat, according to an official notice published by the agency on Wednesday March 12.
Some 43,200 tonnes of milling wheat were exported from Rouen in the week to March 12, according to data released by French port operator Haropa on Thursday March 13.
US weekly wheat net sales for the 2024/25 crop year totaled 783,400 tonnes during the week to March 6, up ‘noticeably’ from the previous week and 83% from the prior four-week average, according to data released by the US Department of Agriculture (USDA) on Thursday March 13.
A correction has been issued for this report.
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.
US wheat futures edged lower on Wednesday March 12 when market participants attempted to weigh the effects of a raft of retaliatory actions taken after US President Donald Trump levied import tariffs on goods from the EU, China and Canada.
Algeria’s state grain importer OAIC purchased at least 450,000 tonnes of milling wheat in an international tender on Wednesday March 12 for shipment from May 1-31 to Algerian ports.
Euronext's commitment of traders report in the week to Friday March 7 showed short sellers gaining momentum, with the wheat net-short position driven wider on the week.
Canadian farmers are expected to plant more wheat, corn for grain and oats in 2025 while reducing the acreage planted with canola, soybeans and barley, Statistics Canada (Stat Can) said in a report on Wednesday March 12.
The European Commission has announced countermeasures affecting a broad range of agricultural and industrial goods following the reintroduction and expansion of US tariffs on steel and aluminium from the European Union that came into force on Wednesday March 12.