Grains - Grain Products

Cereals daily: unbeatable prices in Australia

November 18, 2020 10:58 AM, Der AUDITOR
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CHICAGO/PARIS. Millers and livestock feed suppliers are looking for more favourable prices for wheat, corn and other cereals in Western Europe. Exports are running relatively smoothly with arrivals from Australia expected to create a backlash soon. China has cut back in corn imports.

Buyers eye up wheat from Australia

Prices are up in Germany and in France as export demand is good. FranceAgriMer has raised the export estimates to third party countries by 150,000 mt to 6.85 million mt for 2020/2021. EU exports to third party countries, however, ranged at 5.053 million mt on 15 November, 22% down on the same period last year. Export volumes have increased again now, not least due to shipments over 1.151 million mt to China, mainly from France. Germany will ship wheat to Algeria and Pakistan. Meanwhile the UK the transition period ends on 31 Dec

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