Chinese buyers bought between 400,000 and 500,000 metric tons of wheat from Australia and Canada in recent weeks, traders said, as heat threatens to damage crops in China's agricultural heartlands.
China buys Canadian, Australian wheat as heat hits crop, traders say
Russia’s grain policies help Ukraine secure sales
Russia's curbs on wheat exports have inadvertently helped Ukraine secure lucrative sales to Egypt this week while also inflating prices for the world's top importer, traders said.
EU pork industry faces ‘nightmare’ if China restricts imports
Hamburg | Reuters – Europe’s pork industry faces a “nightmare scenario” of lower prices and falling profitability if China restricts imports from the region, industry executives and analysts said on Friday. Chinese firms have asked for an anti-dumping probe into pork imports from the European Union, state-backed Chinese media reported on Friday, escalating tensions after the bloc
Europe’s grain farms await rain break after damp winter
Weak prices for maize could encourage planting other crops
Grain growers in western Europe will need rain to ease this month to progress with spring planting, after a wet February maintained soggy field conditions that have already put the region on course for a smaller wheat harvest, analysts said.
Why are Russian export prices roiling the wheat market?
Dissecting the factors around Russia’s grain movement and its impact on global markets
Reuters – Russian wheat offers at a recent import tender by Egypt were all made at the same price, highlighting what traders classify as behind-the-scenes intervention by Russia’s government that is sowing confusion about the world’s biggest wheat-exporting country. Here is a more detailed look at what is happening: Russian policy In March, sources told
China snaps up Australian barley after tariffs lifted
Australian barley is starting to move toward China again after three years of tariffs
China has bought approximately 600,000 tonnes of Australian barley since Beijing lifted punishing duties on the grain in August, traders said. The numbers underline strong pent-up demand for the grain from the Asian nation, the same traders noted. China ended anti-dumping tariffs on Australian barley on Aug. 5, roughly three years after the 80.5 per
Europe’s grain crops in good condition as spring approaches
Reuters – Grain crops in Europe are nearing the end of winter in good condition, though low rainfall in the west is a risk for the spring growing period, analysts said. A record dry spell in France over the past month has raised concern about a repeat of the drought that last year damaged later-planted
Egypt shifts from wheat tenders to direct deals amid Ukraine uncertainty
Reuters – Egypt is in its latest round of talks to buy wheat by direct purchase, traders said, a system the government has said can provide more attractive prices since the Ukraine war disrupted grain markets. Egypt’s state grains buyer, the General Authority for Supply Commodities (GASC), held private talks with at least three suppliers,
EU wheat exports start strongly as war hangs over season
European Union wheat is being scooped up at the start of the 2022-23 crop season as importers profit from a pullback in prices and seek alternatives to Ukrainian supplies disrupted by war, traders and analysts said. A rare purchase of German wheat this week by Egypt’s state grains buyer, which ramped up direct purchases outside
Swine fever outbreak in Germany’s top pork state poses lasting threat
Risk seen for spread to neighbours Netherlands, France
Hamburg | Reuters — The spread of African swine fever to Germany’s most important pig rearing region has dealt a serious blow to the sector with major markets such as China likely to maintain import bans for years to come, analysts said on Monday. The outbreak on a farm in Emsland, Lower Saxony is the
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