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As another week passes, the U.S. corn and soybean harvests inch toward completion, with southern row crops also making some inroads, according to the latest USDA Crop Progress report, which covers progress through November 25. The 2018/19 winter wheat crop is nearly planted, meantime, with the pace of emergence not far behind. Corn harvest […]
Brazil sugar production between April 1 and November 16 would reach 25,13 million tonnes, decreasing 27% year on year. That would be the lowest for the period in 10 years, since the 2008-09 crop. The amount of sugarcane crushed in the first half of November in Brazil’s key Center-South region was expected to be 21,1 […]
Mauritius reduced its forecast for sugar output this year for the third time as weather patterns aren’t favorable to sucrose formation. The Indian Ocean island nation will probably produce 320,000 tonnes of sugar this year, the Mauritius Chamber of Agriculture said in an e-mailed statement. Its initial forecast for the year was for 350,000 tonnes, […]
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The South American nation has risen to become the top buyer of U.S. beans in the last three months as China looks elsewhere in an escalating trade war with the Trump administration. Almost 1.3 million metric tons of U.S. oilseed have been inspected for export to Argentina from Sept. 1 through Nov. 22, according to […]
MAIZE plantings are significantly down this season as the crop competes with alternative options, such as cotton, for limited irrigation water allocations. Instead of the more usual 450,000 to 550,000 tonnes of production, Lachlan Commodities managing director, Tony Cogswell, Forbes, NSW, expects production will be back to 200,000-240,000t this season. Mr Cogswell said in the […]
The member countries of the World Trade Organization (WTO) have warned Pakistan of initiating dispute settlement proceedings under the WTO over payment of subsidy on the export of wheat. The government has recently allowed export of 0.5 million tons wheat. Officials told The Express Tribune that WTO member countries had voiced serious concerns over the […]
The overall production of cereals for 2018 is estimated to be approx. 1.8 million tonnes, down from 2.3 million tonnes in 2017, according to latest figures from Teagasc. This 500,000 tonne reduction from 2017 is significantly below the 5 year rolling average of 2.3 million tonnes. It is the smallest recorded harvest since 1995. The […]
Talks to allow Argentine soymeal livestock feed to enter China are progressing at a slower-than-hoped pace amid bureaucratic issues, including Chinese demands to inspect local crushing plants, the head of Argentina’s soy industry chamber said. Luis Zubizarreta, president of Argentina’s ACSOJA soy industry chamber that represents farmers, exporters and seed companies, said the country was […]
EXPORT growth for Western Australia’s oat industry continues to hold steady at five to 10 per cent per annum, according to the Grain Industry Association of Western Australia (GIWA) Oat Council. Oat Council chair and Narrogin oat grower, Ash Wiese, said for traditional oat growers, 10pc growth in demand per year was a good signal, […]
Argentinian wheat is expected to become bullish after December and January as supply gets tighter and the carry per month gets stronger, market sources said this week. Currently, global prices are expected to dampen in December and January on the Argentinian harvest taking place, with around 40% of it expected to be completed by the […]
The fortunes of US soybean growers and the US-China trade war could affect Australian wheat growers, according to the latest analysis. Rabobank analyst Cheryl Kalisch Gordon said there was likely to be a lot more wheat being grown internationally next year, which could eventually weigh on Australian prices. “Right now, the expectation is we’ll find […]
Canola was softer today, after losses yesterday that mirrored soybeans and made the two crops some of the most active on the commodity markets. Today, however, the American holiday might have held it up, as that side of the oilseed trade moved into a long-weekend mode where if nobody moves, nobody gets hurt. Asian palm […]
Torrid exports early in the crop year mean Agriculture Canada’s forecast of full year wheat exports of 22.3 million tonnes is in reach. Canada exported 5.44 million tonnes of wheat in the first 15 weeks of the crop year, which is likely a record amount for this time of year, helping to keep Canada’s overall […]
On November 22, Egypt purchased 240 KMT of milling wheat from Romania, USA & Russia to be delivered on January 10 – 20, 2018 at an average price of USD 252.97/MT C&F. The price in the previous tender equaled USD 252.56/MT C&F. The purchase included the following: Quantity, KMT Origin Shipper FOB ($) Freight ($) C&F […]