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Argentine exporters vow genetically modified wheat safeguards
Cereals, News

Argentine exporters vow genetically modified wheat safeguards

Aim is to protect key export market Brazil until it also approves the technology

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Reuters – Argentine grains exporters have asked the government to identify farmers who are growing drought-resistant genetically modified (GM) wheat, so they can halt sales from those areas until top importer Brazil approves the technology. Exporters say if any GM wheat is shipped from Argentina, all international sales of the grain may be shunned due
CBOT March 2022 wheat (candlesticks) with 20-, 50- and 100-day moving averages (yellow, orange and dark green lines). (Barchart)
Crops, Markets

U.S. grains: Wheat firms with exports in focus

Chicago corn, soybeans fall

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Chicago | Reuters — U.S. wheat futures rose on Friday, with strong buying interest by importers keeping prices near the multi-year highs hit earlier this week. Corn and soybean futures fell but the market was underpinned by strength in the cash market as grain dealers tried to entice U.S. farmers to book sales instead of
Kansas City December 2021 wheat (candlesticks) with CBOT December 2021 wheat (orange line) and MGEX December 2021 wheat (green line, left column). (Barchart)
Crops, Markets

U.S. grains: Wheat, corn, soy ease on profit-taking

Canada's latest export disruptions supportive

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Chicago | Reuters — U.S. wheat futures closed lower on Thursday, with K.C. hard red winter wheat and MGEX spring wheat falling from multiyear peaks on a round of profit-taking. Declines were kept in check by concerns about tight supplies and strong demand, factors that pushed Paris wheat to a 14-year high. Profit taking also
CBOT December 2021 wheat (candlesticks) with K.C. December 2021 wheat (orange line) and MGEX December 2021 wheat (green line, left column). (Barchart)
Crops, Markets

U.S. grains: CBOT wheat down off nine-year high

Chicago corn, soybeans also weak

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Chicago | Reuters — U.S. wheat futures fell on Tuesday on a profit-taking setback, with the benchmark Chicago Board of Trade soft red winter wheat contract sagging 1.9 per cent from the nine-year high it hit on Monday. Corn and soybean futures also were lower, but the declines were kept in check by signs of
(Jack Dykinga photo courtesy ARS/USDA)
Crops

Brazil clears GMO wheat flour from Argentina in global first

Sales, however, may be slow

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Sao Paulo/Buenos Aires | Reuters –– Brazil on Thursday became the first country to allow imports of flour made with genetically modified wheat, though shipments of the new variety developed in Argentina are unlikely anytime soon due to opposition from Brazilian millers and global consumers. The decision may spur a broader global discussion about genetically
CBOT December 2021 wheat (candlesticks) with 20-, 50- and 100-day moving averages (yellow, brown and dark green lines). (Barchart)
Crops, Markets

U.S. grains: Wheat hits multi-year highs on global supply worries

CBOT corn, soybeans also up

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Chicago | Reuters — U.S. wheat futures hit their highest price in nearly nine years on Thursday and European wheat futures climbed to a 14-year peak, boosted by concern that exportable global supplies could tighten further, analysts said. Soybeans followed wheat higher, while corn futures ended narrowly mixed after a choppy session as traders weighed
Kansas City (K.C.) December 2021 wheat (candlesticks) with 20-, 50- and 100-day moving averages (yellow, brown and dark green lines). (Barchart)
Crops, Markets

U.S. grains: Wheat futures rally as global stocks tighten

CBOT corn, soybeans also strong

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Chicago | Reuters –– U.S. wheat futures rallied on Wednesday, with the front-month K.C. hard red winter wheat contract jumping to its highest in 7-1/2 years, on concerns about tightening global supplies and strong export demand. Corn futures also rose, with the most-active contract surging 2.6 per cent in its biggest daily percentage gain in
Sovecon raises forecast for Russia’s 2021 wheat crop
Grain Markets, News

Sovecon raises forecast for Russia’s 2021 wheat crop

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Continuing dry weather could hamper winter grain sowing in Ukraine and result in a smaller sown area in Russia, analysts and weather forecasters said Oct. 27. Farmers in Russia, the world’s largest wheat exporter, have so far sown winter grains on 17.5 million hectares for next year’s crop, down from 18.2 million hectares around the

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