Global demand for agricultural products is projected to grow by 15 per cent over the coming decade, while agricultural productivity growth is expected to increase slightly faster, causing ag commodity prices to remain at or below their current levels…Read More
Grain Central, July 11, 2019
Production volatility and trending higher global grains consumption is a key match for expanding volumes of grain trade. Read the latest International Grains Council market report ahead of its conference next week. ..Read More
US corn is getting sold heavily, US wheat prices facing harvest pressure, Russian yields are down, protein quality up while in critical phase French maize crops are facing 40 degree days. Just another normal Friday in the office…Read More
Lachstock Consulting, July 19, 2019
Cooler and drier weather outlook continued for the US corn belt which raised row crops hopes and had futures continue to gradually slip lower there, while in Europe the August rapeseed contact made a new high. Australia wanted rain…Read More
Lachstock Consulting, July 18, 2019
Australia’s wheat exports in May totaled 1.23 million tonnes, up 49 per cent from the April figure, and reflected strong sales to The Philippines, according to the latest data from the Australian Bureau of Statistics…Read More
Liz Wells, July 17, 2019
Wheat futures settled slightly lower, US soybeans were 1 1/2 per cent down and EU rapeseed ticked a little firmer. Western Australia is expecting to bank some rain tonight…Read More
Lachstock Consulting, July 17, 2019
Australia’s canola exports totaled 35,757 tonnes in May, down 60 per cent from the April figure, to reflect the normal annual reduction in shipments which occurs when local stocks run low and European crusher interest wanes…Read More
Liz Wells, July 16, 2019
A hot and dry end to the growing season in parts of Russia is lifting wheat proteins but cutting yields, and is behind export forecasts for this major world supplier…Read More
Grain Brokers Australia, July 16, 2019
Corn futures sold hard and wheat followed, though farmers were not keen to engage at lower values. US crop progress report and export inspections contained some good news. Australian forecasts remained mostly dry…Read More
Lachstock Consulting, July 16, 2019
On-farm prices for Central Queensland sorghum are softening now that its harvest is past the halfway mark, and demand is shifting to the Brisbane and Darling Downs markets. ..Read More
Liz Wells, July 15, 2019
Australia exported 302,334 tonnes of barley in May, down 2 per cent from 309,408t in April, with bulk shipments to Japan, Kuwait and Thailand bolstering demand in the face of reduced buying from China, according to the latest export data from the Australian Bureau of Statistics…Read More
Liz Wells, July 15, 2019
The new-season shipping and export program for Black Sea-origin wheats was well priced in June for bookings to export markets but EU traders had local reasons for holding tight, according to a USDA monthly international wheat-price summary released last Friday…Read More
Grain Central, July 15, 2019