Wheat
Market News
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.
Ukraine’s grain export volumes reached 900,000 tonnes in the week to Thursday November 7, marking a weekly increase of 6%, according to data released by the country’s State Customs Service on Friday November 8.
The French corn harvest advanced by 20 percentage points in the week to November 4, with 58% of the total planted area now harvested, according to the latest weekly report from the country’s farm office, FranceAgriMer, released on Friday November 8.
Canada’s grain and oilseed exports totaled 1.27 million tonnes during the week to Sunday November 3, a decrease of 258,300 tonnes, or 17%, from 1.52 million tonnes the previous week, according to data from the Canadian Grain Commission published on Friday November 8.
The Russian government only marginally changed the export tax for wheat, barley and corn export taxes for November 13-19, according to an update from the country’s agriculture ministry on Friday November 8.
In Argentina, recent rainfall boosted soil moisture in the week to October 6, enhancing conditions for crop sowing, according to a Buenos Aires Grains Exchange (BAGE) report released on Thursday October 7.
Dry and unseasonably warm weather in the Black Sea region during the week beginning Thursday November 7 is likely to challenge winter wheat establishment.
Sales of both old and new Argentine soybean crop decreased during the week to October 30, while corn and wheat diverged among different market years, according to data released by Argentina’s agriculture secretariat on Wednesday November 6.
Wheat
Corporate News
Agricultural commodities giant Bunge Ltd reported its third-quarter financial results on Wednesday October 30, reflecting lower earnings year over year in the context of a tight global margin environment.
Traders in agricultural derivative instruments will have access to a raft of new “spread” futures contracts that could unlock new trading opportunities as two of the world’s biggest exchanges announced new products on Wednesday August 28.
The “Brooklyn Kyiv” grain terminal at Odesa port in southern Ukraine was damaged by a Russian missile attack late on Wednesday August 14, Louis Dreyfus Co (LDC) told Fastmarkets on Thursday.
Singapore-based Wilmar International posted its financial results for the first quarter on Monday April 29, with net profit at $302.9 million...
Russian president Vladimir Putin has signed a document that confirms his government has officially seized the assets of Russia-based company Agroterra, wresting control from the company's owner, US-headquartered investment company NCH Capital.
Singapore-based Asian agribusiness giant Wilmar International (Wilmar) saw an increase in its palm fresh fruit bunch (FFB) production in the second half of its 2023 financial year...
The agricultural giant Archer Daniels Midland (ADM) has seen its share prices tumble after it said it had placed its Chief Financial...
Louis Dreyfus Company (LDC)'s net sales for the first half of the year fell by 14.8% to $25.8 billion from $30.3 billion during the same...
Wheat
Policy News
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.
India’s government issued a flurry of changes to import duties, export prices, and stock levels in a late-night session that saw a raft of trade updates targeting vegetable oil imports, wheat stocks and both peas and rice, trade sources told Fastmarkets on Friday September 13.
Russia has raised its wheat export duty for September 18-24, after cutting it last week, and reduced its corn export duty, the country's agriculture ministry said in an official update on Friday September 13.
Traders in agricultural derivative instruments will have access to a raft of new “spread” futures contracts that could unlock new trading opportunities as two of the world’s biggest exchanges announced new products on Wednesday August 28.
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 Ukrainian government has adopted a minimum export price policy resolution, but the policy may only come into force a few months later, Taras Vysotsky, Ukraine’s acting agrarian policy and food minister said during a weekly Trend and Hedge club meeting late on Wednesday August 21.
The European Commission has confirmed that it has referred Belgium to the European Union’s Court of Justice after “failing to take sufficient action on nitrate pollution in the Flemish region,” according to a statement released on Thursday July 25.
The Russian government has changed its tax calculation formula on wheat exports, bringing it down significantly for the July 3-9 period, the country's Ministry of Agriculture said on Friday June 28.