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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.
The Turkish government is set to extend restrictions on wheat imports until February 2025 and potentially for longer amid high levels of government-held stocks, trade sources have told Fastmarkets this week.
The German 12.5% FOB wheat APM for December loading was assessed at an €17 per tonne premium over the December Euronext contract...
The Russian government raised its tax on wheat exports further for the November 20-26 period while lowering its rates for corn and barley, according to an update from the country’s agriculture ministry on Friday November 15.
Russia's weekly wheat exports from Black Sea ports fell by 65% to 429,271 tonnes in the week ended Thursday November 14, from 1.134 million tonnes a week earlier, Fastmarkets analytic data showed on Friday November 15.
US weekly net sales of wheat for the 2024/25 crop year totaled 380,100 tonnes during the week to November 7, up by 1% from the previous week but down by 17% from the prior four-week average, the US Department of Agriculture said on Friday November 15.
Ukraine exported 949,000 tonnes of grains during the week ended November 14, up by 49,000 tonnes, or 5%, from 900,000 tonnes the previous week, according to data released by the country’s State Customs Service on Friday November 15.
Canada’s grain and oilseed exports totaled 1.54 million tonnes during the week to Sunday November 10, an increase of 271,900 tonnes (21%) from 1.27 million tonnes the previous week, according to data from the Canadian Grain Commission published on Friday November 15.
The French corn harvest advanced by 13 percentage points in the week to November 11, with 71% of the total planted area now harvested, according to the latest weekly report from the country’s farm office, FranceAgriMer, released on Friday November 15.
The Black Sea region is expected to experience unseasonably warm temperatures during the week beginning Thursday November 14, with highs reaching 25°C. This atypical warmth during late autumn could influence the development of winter wheat and barley crops, potentially affecting their dormancy and growth cycles.
US wheat futures remained under pressure on Thursday November 14 on a strong US dollar and beneficial rains that fell over the central and southern US Plains that helped improved crop conditions.
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.
The German 12.5% FOB wheat APM for December loading was assessed at an €15 per tonne premium over the December Euronext contract...
Brazilian food agency Conab has increased its estimate for the country's soybean crop in 2024/25 to 166.14 million tonnes and corn output was raised to 119.8 million tonnes, following favorable weather for crop sowing and development, while increasing soybean 2024 export estimates to 98 million tonnes, its monthly report showed on Thursday November 14.
Just 30,000 tonnes of milling wheat were exported from the port of Rouen in the week to Wednesday November 13, according to data released by French port operator Haropa.
South Korean feed importer Major Feedmill Group (MFG) purchased a feed wheat cargo for shipment in February in a private deal on Thursday November 14, trade sources told Fastmarkets.
US wheat futures dropped on Wednesday November 13 due to a stronger US dollar, nearly complete winter wheat planting progress and improved crop conditions.
Concerns have been mounting over a potentially significant reduction in Russia’s grain export quota for the second half of the 2024/25 marketing year, as Russian grain exports continue at an almost record pace while production has dropped, sources told Fastmarkets.
South Korean buyers remained active in the market, recently buying 65,000 tonnes of wheat and up to 133,000 tonnes of corn privately and via tenders, sources told Fastmarkets on Wednesday November 13.