Grains - Grain Products

Cereals daily: prices are likely to fall

August 4, 2020 10:10 AM, Der AUDITOR
Play report as audio

CHICAGO/PARIS. Market and price trends with first estimates.

Wheat: downward trend expected
The wheat markets declined. The news that Russia's wheat crop could reach almost 80 million metric tonnes brought the market down. Analyst Ikar had raised his wheat forecast by 1.5 to 79.5 million metric tonnes. 75% of the Ukrainian wheat was harvested, and trade expected an amount of 26 million metric tonnes, which means that the crop is on average. This shows that the only crop that is actually lower is the EU's 116.6 million metric tonnes of common wheat, a good 11% below last year. There are plenty

View related articles

Go to the News Overview
Aug 3, 2022
BEIJING. High temperatures are slowing trading activities in China and have damaged the millet crop. Refiners would like to see more orders coming in.
Aug 3, 2022
BEIJING. Rain has created ideal conditions for the new buckwheat crop in China. Demand is, however, leaving much to be desired.
Grain Products
Jul 20, 2022
GAZIANTEP. A new import regulation is to ensure that food safety is guaranteed in Turkey. Global problems such as the Ukraine war, climate change and pandemics are to be counteracted in this way.
Jun 29, 2022
BEIJING/KYIV. In China, demand in the millet market is low. Missing supplies from Russia and Ukraine were partly covered by the USA. The acreage in Ukraine has shrunk by more than 35%.