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Egypt in talks with Argentina, India and U.S. on wheat imports

By Reuters April 1, 2022

Egypt is in talks with Argentina, India, France and the United States for future wheat imports, but is in no rush to buy at the moment, the supply minister said March 24. Egypt is looking for alternatives to Black Sea grain exports, which have been jeopardized by Russia’s invasion of Ukraine. Russia and Ukraine accounted

Standing corn north of St. Adolphe, Man. on Sept. 19, 2021. (Dave Bedard photo)

Crops, Markets

Feed weekly outlook: Corn prices steady, growers watch weather

By Adam Peleshaty, GFM Network News March 31, 2022

MarketsFarm — Days after a work stoppage at Canadian Pacific Railway (CP) came to an abrupt end, prices for corn have been relatively stable, according to one trader. Mike Fleischhauer of Eagle Commodities Ltd. in Lethbridge said there has been little price movement for the feed grain staple recently as most feedlots are already set

Crops, Markets

Soybeans to gain, corn to lose U.S. acres, USDA report predicts

By GFM Network News, Marketsfarm March 31, 2022

MarketsFarm — More soybean acres are projected to be seeded in the United States this year, while fewer corn acres will be planted according to a report that has surprised analysts. The U.S. Department of Agriculture (USDA) released its survey-based Prospective Plantings report on Thursday and the projected acreage numbers for two of the country’s

Fresh bread in Egypt. (Goldream/iStock/Getty Images)

Crops, Markets

Egyptian delegation to visit India to discuss wheat imports

By GFM Network News, Mayank Bhardwaj March 29, 2022

New Delhi | Reuters — A delegation from Egypt will visit India in the first week of April to facilitate wheat imports as part of efforts to secure supplies and tide over shortages at one of the world’s biggest importers of the staple, Indian government sources said. Egypt, often the world’s biggest wheat importer, is

CBOT May 2022 wheat (candlesticks) with MGEX May 2022 spring wheat (yellow OHLC) and K.C. May 2022 hard red wheat (orange OHLC). (Barchart)

Crops, Markets

U.S. grains: Wheat, corn fall on ceasefire hopes

Chicago May soybeans also lower

By GFM Network News, Julie Ingwersen March 29, 2022

Chicago | Reuters — U.S. wheat futures fell four per cent and corn fell nearly three per cent on Tuesday as comments by Russia and Ukraine following negotiations in Turkey raised hopes of a ceasefire in a conflict that has disrupted massive grain exports through the Black Sea region. However, trade was volatile, with benchmark

Markets, News

German 2022 wheat, rapeseed harvests forecast higher

By Reuters March 29, 2022

Germany’s 2022 wheat crop will increase 5.8 per cent on the year to 22.61 million tonnes, the country’s association of farm co-operatives said in its first harvest estimate on March 17. It forecast Germany’s 2022 winter rapeseed crop to rise 11.6 per cent from last summer’s crop, to 3.90 million tonnes after an increase of

The closure of ports in Ukraine and sanctions imposed on Russia after its invasion of that country have disrupted grain shipments through the Black Sea.

Grain Markets, Markets

Strategie Grains raises EU wheat export outlook on Ukraine conflict

By Reuters March 25, 2022

Some 11 million tonnes of wheat will be lost from the global market in the 2021-22 season because of the conflict between Russia and Ukraine, Strategie Grains said March 17, as the consultancy raised its estimate for European Union exports. The closure of Ukrainian ports and sanctions imposed on Russia after it invaded its neighbour

CBOT May 2022 wheat (candlesticks) with 20-, 50- and 100-day moving averages (yellow, orange and dark green lines). (Barchart)

Crops, Markets

U.S. grains: Wheat, corn, soybeans fall with exports in focus

Ukraine's hindered exports 'priced in' on values

By GFM Network News, Mark Weinraub March 24, 2022

Chicago | Reuters — Chicago Board of Trade wheat and corn futures fell on Thursday, with traders noting the market has already absorbed supply disruptions from the Black Sea region following Russia’s invasion of Ukraine a month ago. “It feels like the market has priced in that there will be an issue with corn and

Wheat in a field near the village of Hrebeni in Ukraine’s Kyiv region on July 17, 2020.

Grain Markets, Markets

Canola’s wild ride ends up near where it started

Oilseeds are caught up in crude oil values’ ebb and flow

By Glen Hallick - MarketsFarm March 24, 2022

Despite all the volatility in the markets over the last seven days, ICE Futures canola values ended up pretty much where they started. On March 10, the nearby May canola contract closed at $1,130.70 per tonne; a week later it finished at $1,130.20. It was a similar story for the July contract, at $1,096.40 per

CBOT May 2022 corn (candlesticks) with Bollinger bands (20,2). (Barchart)

Crops, Markets

CBOT weekly outlook: Grain markets rangebound

Drought seen persisting for U.S.

By Adam Peleshaty, GFM Network News March 23, 2022

MarketsFarm — With very little in terms of major new developments from the Russian invasion of Ukraine, grain prices on the Chicago Board of Trade (CBOT) for the week ended Tuesday were devoid of the volatility seen in previous weeks. The May corn contract traded at each side of the $7.50 per bushel mark during

Daily Network News

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Tag Archives Wheat

Egypt in talks with Argentina, India and U.S. on wheat imports

Feed weekly outlook: Corn prices steady, growers watch weather

Soybeans to gain, corn to lose U.S. acres, USDA report predicts

Egyptian delegation to visit India to discuss wheat imports

U.S. grains: Wheat, corn fall on ceasefire hopes

German 2022 wheat, rapeseed harvests forecast higher

Strategie Grains raises EU wheat export outlook on Ukraine conflict

U.S. grains: Wheat, corn, soybeans fall with exports in focus

Canola’s wild ride ends up near where it started

CBOT weekly outlook: Grain markets rangebound

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