The EU executive arm announced at the end of last week that the import ban on grain and oilseeds from Ukraine in five neighbouring EU countries has expired.
Wheat prices leaped, leading a strong session for grain futures, as a massive attack by Russia on Ukrainian ports shattered hopes for the country’s grain exports, reports the CRM Agri team.
The EU Commission’s Mars bureau this week nudged its forecast for the EU’s 2023 rapeseed yield higher to 3.34t per hectare, led most likely by an increase in the French crop. Should that be achieved, it would be the highest yield since the high of 3.61t...
Rapeseed futures extended their losses in trade on the Euronext exchange yesterday as the market anticipates a cut in German demand ahead, finds an outlook from CRM Agri.
Wheat prices saw record highs in mid-May, before falling notably in recent months, bringing markets back to where they started the year, finds a CRM Agri review.
The impacts of Russia’s invasion are going to change the dynamics of agriculture in Ukraine for years to come, and will inherently impact the global grains and oilseed market, according to insights gleaned from a recent webinar run by AHDB.
Canadian canola production has, for some time, been expected to bounce back after last year’s severe drought. Confirmation of this return in production potential for the 2022-23 season has been backed by Statistics Canada.
Demand for soybeans remains subdued and the dollar remains exceptionally strong, further dragging on demand levels, while the war in Ukraine continues to support global rapeseed values, finds a report from CRM Agri.
Rapeseed production remains low in the UK, which is leading to increased reliance on imports of oilseed, meal, and oil, according to a USDA FAS report.
Ukraine has become an increasingly large corn exporting country, suppling significant volumes of that grain to the UK, EU, China, and North African markets.
Global crude oil values have rallied sharply as the conflict in Ukraine continues to escalate and markets price in risk premium, with growing uncertainty in global markets, finds CRM Agri in its latest outlook.
Soybean meal prices have reached their highest levels since May 2021, due to the worsening outlook for South America, finds a new outlook from CRM Agri.
Soybean prices have found strong support this week, buoyed by better than forecast soybean crush data from the based US National Oilseed Processors Association (NOPA), finds the latest CRM Agri oilseeds market outlook.
Rapeseed markets risk coming under pressure; ahead of harvest, there is a growing confidence in new crop availability in Europe and Ukraine, says CRM Agri.
The latest USDA WASDE changes were limited and mostly reflected known data, but it, nevertheless, can be viewed as a slightly bearish report, says Peter Collier, an analyst at UK based CRM Agri.
Supply prospects for wheat have been boosted, while rain is proving beneficial for maize crops in South America, according to the latest market report from the AHDB.
Globally wheat stocks-to-use is up year-on-year, but a poor start for crops in Argentina with dryness and frosts needs monitoring, warns AHDB analysts in their latest grain market report.
In its third forecast for the 2020 crop, COCERAL sees the European Union’s total grain crop at 299.2 million tons, 2.6m tons lower than the level the organization forecast in March 2020.
China has announced a tariff on Australian barley in the latest escalation in trade tensions. The anti-dumping and anti-subsidy duties imposed total 80.5%.
The EU Commission has been urged to lift certain restrictions on protein crop production in Europe to address what the EU farming lobby terms ‘a growing risk’ to supply.
In its first forecast for 2020, COCERAL estimates that the EU total grain crop will reach 302.7 million tons, a decrease when compared to 2019 levels, when output hit 309.8m tons.
US soybean markets saw a boost at the end of last week, said the market specialists at the UK’s Agriculture and Horticulture Development Board (AHDB) in a report today [October 14].
Most of the Northern Hemisphere grain production is harvested or weeks away, says the AHDB in its most recent reviews of global grain and oilseed markets, and so all eyes are now trained on the weather conditions in the Southern Hemisphere.
Large wheat crops are expected for the EU, US and Ukraine, while the improved US weather outlook and large Black Sea crop forecasts are pressuring maize prices, according to the latest AHDB grains and oilseeds market review.
In its first forecast for the 2019 crop, Coceral, the trade group representing the representing EU trade in cereals, rice, feedstuffs, oilseeds, olive oil, oils and fats and agrosupply, projects the EU total grain crop at 298.5 million tons.
The 2019/20 season looks set to see a shake-up in the European rapeseed market as France, Germany, Poland and the UK are all forecast to have reduced planted areas, say grain and oilseed market specialists.
CRM AgriCommodities says global oilseeds values have edged higher this week as markets sensed a more optimistic tone in the trade negotiation between the US and China.
Although the truce between the US and China has not yet translated into US soybean exports fully, it has certainly created more positive undercurrents in the market, now trading near the highest levels since August, reported CRM Agri in its weekly market...
Aarhus University’s Knud-Erik Bach Knudsen, leader of the work package on alternative protein feed ingredients and real-time characterization under the Horizon 2020 backed Feed-a-Gene project, was presenting on achievements to date of that work at EuroTier...