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wheat prices

Soybeans down 18-22 cents; wheat down 8-10 cents; corn down 5-8 cents

Soybeans down 18-22 cents; wheat down 8-10 cents; corn down 5-8 cents

  • CBOT wheat sliding overnight after climbing Tuesday on increased Chinese demand for US wheat, noted in the US Department of Agriculture's monthly supply and demand report.
  • Ukraine's winter crops are in good condition, with limited areas of frost damage.
Published 10 Mar, 2021 07:44pm
Wheat up 1-3 cents; soybeans, corn down 3-5 cents
Markets

Wheat up 1-3 cents; soybeans, corn down 3-5 cents

  • CBOT wheat inching higher overnight after the USDA offered mixed ratings for US winter wheat conditions. Gains are limited by rain forecasts across the US Southern Plains.
  • Russian wheat export prices fell last week after two weeks of growth due to lower prices in Chicago and Paris, analysts said.
Published 09 Mar, 2021 08:45pm
Pakistan believed to pass in 300,000 tonnes wheat tender
Markets

Pakistan believed to pass in 300,000 tonnes wheat tender

  • Offers in the tender from the Trading Corporation of Pakistan (TCP) which closed on Tuesday were regarded as too high at a time when Pakistan's own grains harvest is starting, a trader said.
  • Wheat prices have risen since Russia announced grain export taxes to reduce its overseas shipments and cool Russian domestic prices.
Published 05 Mar, 2021 06:25pm
Wheat up 5-7 cents; corn, soybeans down 2-4 cents
Markets

Wheat up 5-7 cents; corn, soybeans down 2-4 cents

  • Wheat futures rebounding from three straight days of declines, supported by deteriorating crop conditions in the US Plains.
  • The US Agriculture Department lowered its good-to-excellent ratings for wheat in Kansas, Texas and Oklahoma.
Published 02 Mar, 2021 08:30pm
Philippines tenders for 145,000 tonnes of wheat
Markets

Philippines tenders for 145,000 tonnes of wheat

  • Deadline for price submissions is believed to be Thursday, March 4.
  • The group is seeking 75,000 tonnes of feed wheat in two consignments for delivery between April and June. Another 70,000 tonnes of milling wheat is sought in two consignments for delivery in June.
Published 02 Mar, 2021 06:29pm
Paris wheat pauses after rally, rapeseed hits near 8-year high
Markets

Paris wheat pauses after rally, rapeseed hits near 8-year high

  • May milling wheat, now the most active contract on Paris-based Euronext, was down 0.25 euro, or 0.1%, at 229.00 euros ($278.12) a tonne.
  • The contract earlier equalled Monday's one-month high of 229.75 euros but again failed to breach resistance at 230 euros.
Published 23 Feb, 2021 07:07pm
Tunisia buys soft wheat, durum wheat and feed barley in tender
Markets

Tunisia buys soft wheat, durum wheat and feed barley in tender

  • Tonnage bought was initially unclear but thought to be close to the tender volume of around 100,000 tonnes of soft wheat, 92,000 tonnes of durum wheat and 100,000 tonnes of barley.
  • Shipment of all grains was sought between March 15 and April 25, depending on the supplying origin.
Published 19 Feb, 2021 07:11pm
Philippines said to pass in 145,000 tonne wheat tender
Markets

Philippines said to pass in 145,000 tonne wheat tender

  • Prices were regarded as too high. Price offers were said to be over $300 a tonne c&f.
  • The group had sought 75,000 tonnes of feed wheat in two consignments for delivery between April and June plus another 70,000 tonnes of milling wheat in two consignments for delivery in June.
Published 17 Feb, 2021 08:22pm
Algeria issues tender to buy milling wheat, traders say
Markets

Algeria issues tender to buy milling wheat, traders say

  • The latest OAIC wheat tender also specified that wheat should be shipped to two Algerian ports, Mostaganem and Tenes.
  • "The two ports specified are relatively small and this may mean using smaller bulk carriers than usually booked to ship Algerian wheat sales," one trader said.
Published 15 Feb, 2021 06:03pm
Wheat futures firm as US weather eyed; corn, soy ease
Markets

Wheat futures firm as US weather eyed; corn, soy ease

  • Cold temperatures chiefly domestically, lesser so abroad, will keep the wheat trade watching winterkill prospects over the weekend.
  • Expectations for bumper harvests in South America despite dryness concerns throughout the growing season added pressure to corn and soybeans.
Published 12 Feb, 2021 09:43pm
European wheat prices rise
Markets

European wheat prices rise

HAMBURG: European wheat prices rose on Monday as US and European grain belts were hit by freezing temperatures while...
Published 10 Feb, 2021 04:12am
Paris wheat consolidates before USDA crop report
Markets

Paris wheat consolidates before USDA crop report

  • March milling wheat on Paris-based Euronext was up 0.25 euros or 0.1% at 226.75 euros a tonne.
  • Chicago corn futures rose to a new 7-1/2-year high earlier on Tuesday as investors anticipated the USDA would reduce US and global supplies of the feed grain.
Published 09 Feb, 2021 09:21pm
Russia may impose formula-based wheat export tax from June 1
Markets

Russia may impose formula-based wheat export tax from June 1

  • Moscow is attempting to reduce wheat exports to help curb rising domestic food prices after President Vladimir Putin criticised food inflation amid the coronavirus pandemic.
  • The formula may be set at 70% of the difference between the price of wheat per tonne and $200, starting from June 1.
Published 30 Jan, 2021 06:55pm
Jordan tenders to buy 120,000 tonnes feed barley
Markets

Jordan tenders to buy 120,000 tonnes feed barley

  • Jordan bought about 60,000 tonnes of barley in a previous tender for 120,000 tonnes which closed on Tuesday.
  • A separate tender from Jordan to buy 120,000 tonnes of wheat also closes on Wednesday.
Published 20 Jan, 2021 05:53pm