Cereals daily: wheat harvest starts in the US

June 9, 2021 at 12:44 PM , Der AUDITOR
Play report as audio

CHICAGO/PARIS. Market and price trends with first trade assessments. The wheat harvest has started in the USA and in Russia, spring wheat cultivation is increasing. Agreste has updated the acreage estimats. Ukrainian corn exports are declining.

Wheat: Russia increases spring wheat cultivation

In the US, wheat harvest has started in Texas and North Carolina. The US trade expects the 2021/22 US wheat crop to increase by 0.9% to 1.89 billion bushels from the USDA forecast in May. Looking at Russia, according to analyst SovEcon, the spring wheat sown area will reach 13.7 million ha due to reseeding in central regions of the country, close to the record level of 2016. As of 7 June, 12.9 million ha were sown, a good 1.7% more than planned and 0.6 million ha above last year's figure. Experts at ICAR raised t

View related articles

Go to the News Overview
Sep 8, 2023
BRUSSELS. Russia is flooding the markets with wheat. Brazil will take the lead from the USA in exporting corn in 2023/2024 and Argentina’s soybean production will finally bounce back this year. Tallage has slashed the EU production estimates for rapeseed.
Jul 14, 2023
BRUSSELS/BRASÍLIA. Buyers from China have a curious way of negotiating shipments for soy in Brazil. The EU has reported a sharp downturn in wheat imports and exports, extensive heat is proving a problem for corn and FAS is very much upbeat about Ukraine’s rapeseed production.
Jul 11, 2023
LIMA/SUCRE. According to market players, quinoa production in Peru was lower than expected. In Paraguay, however, farmers were able to start harvesting earlier than planned.
Jun 2, 2023
BRUSSELS. Ukraine has accused the EU of hypocrisy after demands were voiced to extend the import restrictions in place for Ukrainian wheat, rapeseed and corn along with sunflower seeds in five EU member states. China may shift its purchasing policy for soybeans.