GFM Network News


Britain’s wheat imports climb, Canada top supplier

London | Reuters — British wheat imports were sharply above year earlier levels in July, with Canada and France the main suppliers, customs data showed on Friday. Wheat imports for the month totalled 149,337 tonnes, up from 91,965 tonnes in July 2019, the figures show. July is the first month of the marketing year. Imports

Less French wheat outbound of EU

Reuters – French soft wheat shipments outside the European Union fell to a four-year low for the month of August, despite a large volume sent to China, as activity eased after a poor harvest, Refinitiv data showed. Soft wheat exports to destinations outside the EU totalled 644,000 tonnes in August, the second month of the



France’s 2019-20 wheat exports hit record high after strong June

Reuters – French soft wheat shipments outside the EU finished the season at a four-year high in June, helping overall 2019-20 exports to reach a record level, data from Thomson-Reuters subsidiary Refinitiv showed. Soft wheat exports to destinations outside the European Union totalled 1.17 million tonnes last month, an initial estimate based on Refinitiv loading

U.S. grains: Wheat futures top two-month high on global harvest worries

Corn, soybeans firm as U.S. weather looks hotter, drier

Chicago | Reuters — Chicago Board of Trade wheat futures on Thursday leapt to their highest prices in more than two months as the latest crop estimates in major exporting countries like Argentina, France and Russia raised questions about global supply. Corn and soybean futures also strengthened, as weather forecasts predicted more heat and dryness


U.S. grains: CBOT wheat hits one-month high

Global wheat production estimates shrink; U.S. crop report due out Friday

Chicago | Reuters — U.S. wheat futures jumped on Wednesday on concerns about shrinking crop production estimates in countries from France and Russia to Argentina, traders said. Prices approached a one-month high at the Chicago Board of Trade as adverse weather and lower-than-expected plantings have reduced expectations for harvests in major exporters. The neighbouring corn

U.S. grains: Corn, soy slip on less-threatening weather

CBOT wheat futures rise

Chicago | Reuters — U.S. corn and soybean futures eased on Tuesday as weather forecasts looked less threatening to America’s crops than they had a day earlier, analysts said. Traders took profits after soybean futures reached a four-month high on Monday on concerns that hot, dry conditions could threaten crop yields in the U.S. Midwest.

China-Australia row to reshuffle trade in bulging barley market

Gains for Canada, other exporters won't be 'magical'

Paris | Reuters — A prohibitive Chinese import tariff on Australian barley will benefit other suppliers without changing the bleak global outlook caused by large stocks and depressed beer demand, analysts and traders said. Beijing said on Monday it would apply an 80.5 per cent tariff on Australian barley imports for the next five years,