European Grain Markets Despite unequivocal weakness in Chicago grain markets, wheat and corn at MATIF on Friday continued to rise, supported by a weak euro and improving competitiveness of EU […]
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Category: Wheat
Wheat
Drought in Amazon Forces Brazilian Grain Exporters
According to Anec experts, severe drought in the Amazon region is forcing Brazilian grain exporters to divert a certain amount of export cargo to southern port terminals instead of northern […]
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Grain Markets on the Last Day of the Week
European Grain Markets A firm euro depressed wheat futures in Paris yesterday, but the close was above the 50-day average, and US grain markets rose broadly, so we can attribute […]
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French Wheat Market Dynamics: Adjustments and Global Implications
Shifts in Export Projections and Key Markets Paris – In light of recent evaluations, French Ministry of Agriculture has revised its soft wheat export expectations for the 2023-24 marketing year. […]
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Wheat Exports of EU Reached Almost 9 Million Tonnes
According to the EU Commission, in 2023/24 MY (July 1 – October 15) the EU exported 8.81 mln tonnes of wheat to foreign markets, which is 22% lower y-o-y, reports Apkinform. […]
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Lower Soybean and Corn Stocks Support Grain Markets
European Grain Markets The October USDA report contains some bullish numbers, leading to a positive close on the grain markets yesterday. The solid performance of MATIF is in no small […]
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France Expects Higher Corn and Sugar Beet Yields
The Agriculture Ministry of France has raised its forecast for the country’s 2023 corn harvest, citing good growing conditions since mid-July, reports Agroforum. Corn harvest In its monthly estimates for […]
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Grain Markets: US and European Wheat Markets Recover – Mines in the Black Sea
European Grain Markets Matif’s wheat found support from news of drought-threatening production in Ukraine and Argentina but was limited somewhat by the euro’s recovery against the dollar. A ship hit […]
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Stocks of Major Crops in the US Are Lower Than Last Year
According to USDA estimates, as of September 1, wheat stocks in the US were estimated at 48.4 mln tonnes, slightly lower than in the same period in 2022, including 1.6 […]
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Grain Markets Plunge on Higher US Stocks
European Grain Markets On Friday evening, the USDA surprised the grain markets with much larger than expected US wheat production and stocks. The wheat slump in Paris reflects this surprise. […]
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