Articles By Sam Balf
Euronext's commitment of traders report in the week to November 15 showed the net-short position in wheat futures grow by 12% while investors maintained to their bearish views and added to short positions, even as long positions rose slightly.
The EU imported a total of 166,951 tonnes of soybeans in the week ended Sunday November 17, pushing the yearly total to 4.75 million tonnes, a 9% increase compared with the previous year, according to preliminary data from the European Commission.
The EU’s weekly wheat exports amounted to 233,449 tonnes in the week to Sunday November 17, according to initial data from the European Commission released on Tuesday November 19.
Algeria’s state-backed grain importing agency has issued a fresh tender for a nominal 50,000 tonnes of durum wheat, according to an official document seen by Fastmarkets.
Algerian state feed importer ONAB has issued a new tender for 240,000 tonnes of corn, sources told Fastmarkets on Thursday, November 14.
Just 30,000 tonnes of milling wheat were exported from the port of Rouen in the week to Wednesday November 13, according to data released by French port operator Haropa.
Euronext's commitment of traders report for the week to Friday November 8 shows bearish momentum continued in wheat futures as the net-short position widened.
France's state-backed farm agency FranceAgriMer has further reduced its forecast for total wheat exports from France to 9.89 million tonnes from the previous forecast of 10.03 million tonnes, down by 40.5% from the 16.6 million tonnes exported in the 2023-2024 marketing year.
The EU’s weekly wheat exports amounted to 223,323 tonnes in the week to Sunday November 10, according to initial data from the European Commission released on Tuesday November 12.
Algerian state feed importer ONAB has issued a tender for 240,000 tonnes of corn, sources told Fastmarkets on Tuesday November 12.
Just 7,402 tonnes of milling wheat was exported from Rouen in the week to Wednesday November 6, according to data released by French port operator Haropa.
Algerian local banks are understood to have begun the process of blocking all payments to French companies for goods supplied to Algeria, traders told Fastmarkets on Wednesday November 6.
The European Union's weekly wheat exports amounted to 282,478 tonnes in the week to Sunday November 3, according to initial data from the European Commission released on Tuesday November 5.
Algeria’s state grain importer purchased as much as 600,000 tonnes of milling wheat in an international tender on Wednesday October 30, for shipment over December 1-31 to Algerian ports, Fastmarkets has learnt.
Just 51,803 tonnes of milling wheat was exported from Rouen in the week to Wednesday October 30, according to data released by French port operator Haropa.
Agricultural commodities giant Bunge Ltd reported its third-quarter financial results on Wednesday October 30, reflecting lower earnings year over year in the context of a tight global margin environment.
Algeria’s state-backed grain importing agency, OAIC, is expected to close a tender to buy a nominal 50,000 tonnes of wheat on Tuesday October 29, according to a document seen by Fastmarkets.
Tunisia's state grain importer has canceled an international tender to buy 75,000 tonnes of durum wheat for shipment between November and December, according to market participants.
Tunisia's state grain importer has issued an international tender to buy 75,000 tonnes of durum wheat for shipment between November and December, according to a document seen by FastMarkets on Monday.
Iran's state importer SLAL booked some 144,000 tonnes of corn in an international tender awarded on Thursday October 24, market sources have told Fastmarkets.