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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.
Fastmarkets’ weekly recap of the main movements in global cash markets.
US and European wheat futures were little changed on Friday November 1 as market participants on both sides of the Atlantic awaited fresh headlines before making sizable bets on movement in either direction.
Tunisia's state grain importer has booked 75,000 tonnes of optional-origin durum wheat for November-December shipment in a tender that closed on Friday November 1, according to a document seen by Fastmarkets.
The USDA’s attaché in Turkey reported that it expects the country’s wheat, barley and corn production will decline in the 2024/25 marketing year because of dry weather, while the country still has immense inventories of wheat it is trying to liquidate.
China has returned to the market after a long absence, showing interest in Australian new crop milling wheat, sources told Fastmarkets on Friday November 1.
Soybean sowing reached 10% of the projected area of 6.8 million hectares in Brazil’s Rio Grande do Sul in the week to Thursday October 31, while weather conditions remain favorable for corn crops, state agency Emater/RS said in a report released late on Thursday.
The European Commission has further reduced its corn production forecast for 2024/25, estimating that Romania’s crop will be the lowest in twelve years, according to its latest report published late on Thursday October 31.
Ukraine’s grain export volumes rose to 850,000 tonnes during the week to Thursday October 31, up by 61% from the previous week, according to data released by the country’s State Customs Service on Friday November 1.
Canada’s grain and oilseed exports totaled 1.5 million tonnes in the week ended Sunday October 27, a significant increase of 647,000 tonnes, or 74%, from 877,900 tonnes the week before, according to data from the Canadian Grain Commission released late on Thursday October 31.
The 2024/25 soybean sowing process has begun in Argentina and has reached 3.3% of the projected area of 19 million hectares, the Buenos Aires Grain Exchange (BAGE) said in its weekly report on Thursday October 31.
Algeria’s state grain importer purchased as much as 600,000 tonnes of milling wheat in an international tender on Wednesday October 30, for shipment over December 1-31 to Algerian ports, Fastmarkets has learnt.
Rainfall across the US Midwest will provide much-needed moisture for late-stage corn and soybean crops in the week beginning Thursday October 31, while rain in Brazil's southeastern and central-west regions will increase soil moisture, favoring soybean sowing and crop development.
The French corn harvest advanced by 13 percentage points in the week to October 28, with 38% of the total planted area now harvested, according to the latest weekly report from the country’s farm office, FranceAgriMer, released on Thursday October 31.
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 and European wheat futures declined on Thursday October 31 as market participants focused on forecasts for rain in many winter wheat growing areas of the US Great Plains during the upcoming week, which helped ease drought concerns.
The German 12.5% FOB wheat APM for December loading was assessed at an €11 per tonne premium over the December Euronext contract...
Just 51,803 tonnes of milling wheat was exported from Rouen in the week to Wednesday October 30, according to data released by French port operator Haropa.
US weekly net sales of wheat for the 2024/25 crop year totaled 411,400 tonnes during the week to October 24, down by 23% from the previous week and by 14% from the prior four-week average, the US Department of Agriculture said on Thursday October 31.
Tunisia’s state grain importer has issued an international tender to buy 75,000 tonnes of durum wheat for November-December shipment after canceling a similar one earlier this week, according to a document seen by Fastmarkets on Thursday October 31.