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Cereals daily: paradigm shift in France

November 5, 2020 at 10:42 AM , Der AUDITOR
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CHICAGO/PARIS. The wheat market has taken a surprising turn. A new export trend is emerging in France, where producers intend to grow more wheat. Corn exports may be restricted in Ukraine.

China buys wheat in France

Since Egypt has issed two new tenders for 15-30 December and 8-18 January the market has received a boost. Traders in France reckon that they stand good chances as prices range high in the Black Sea Region. Syria has issued a tender over 150,000 mt for soft wheat, bids will be accepted until 9 November. China now also intends to suspend shipments of barley and sugar from Australia in addition to wheat. The rise in tension between the two countries has prompted Beijing to step up purchases in France. Customs data shows that China shipped

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