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Markets, News

Less French wheat outbound of EU

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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
Markets, News, Other

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

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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
CBOT September 2020 wheat with 20-, 50- and 100-day moving averages. (Barchart)
Crops, Markets, Weather

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

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

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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
CBOT September 2020 wheat with 20-, 50- and 100-day moving averages. (Barchart)
Crops, Markets

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

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

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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
CBOT December 2020 corn with 20- and 50-day moving averages. (Barchart)
Crops, Markets

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

CBOT wheat futures rise

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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.
(Rahr.com)
Crops, Markets

China-Australia row to reshuffle trade in bulging barley market

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

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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,
CBOT March 2020 wheat with 20-, 50- and 100-day moving averages. (Barchart)
Crops, Markets

U.S. grains: Robust global demand supports Chicago wheat

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Chicago | Reuters — Profit-taking pulled down Chicago Board of Trade wheat futures on Wednesday after robust global demand and concerns about tightening supplies pushed the most-active contract to its highest price since August 2018. Soybean futures also ended lower, while nearby corn futures inched higher. Traders in the farm markets continued to wait for

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