March 24, 2020 12:54 PM
Editorial content from Der AUDITOR
Latest News - Grain products / flour

Wheat: irrational stockpiling of toast and pasta

FRANKFURT The wheat markets in the USA, Western Europe and on the Black Sea increased again by 2.5%. In the USA and Western Europe, stockpilings continue to increase, although agricultural ministries do not expect any food shortages. In Germany, irrational stockpilings are pushing logistics to the limits of capacity.

 

This report contains:

- Current market updates on Canada, USA, Australia, Argentina, India, the Black Sea and the EU
- Price charts, import and export data
- Current wheat prices 
price chart, wheat, MATIF
price chart, wheat, CBOT

 



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Editorial content

News
Buckwheat: export stop only lasts for a short time
MOSCOW. In order to prevent the spread of coronavirus infection to the Russian Federation, the Russian agricultural supervisory authority has closed the borders for the export of cereals, including buckwheat, for 10 days, starting on 20 March. However, these restrictions were discarded after only a few days.
3/25/20
Corn: fake news about export stop in Ukraine
PARIS. The EU corn market is moving upwards as the wheat market continues to put pressure on it. Feed mills increase stocks to ensure supply availability. Ukraine does not restrict agricultural exports under any circumstances. In the USA, China's wheat and corn purchases were seen as a comeback to its trade relations. The low price of crude oil is putting such a strain on the US ethanol market that ethanol plants have to close.
3/23/20
Wheat: shutdown puts logistics in trouble
FRANKFURT. The wheat markets are growing internationally and analysts expect strongly restricted economic activities around the globe. Wheat is not becoming scarce, but rather logistics could face major problems due to the rampant pandemic. For this reason, the industry is increasing its inventories in order to be able to compensate for transport delays or even loss of goods. Stockpiling of flour and China's presence for wheat imports from France and Ukraine are pushing the market. Russia is becoming competitive again due to the fall of the ruble.
3/19/20
Corn: disaster mode in Western Europe
PARIS. The corn markets continued to collapse in the USA and also in Western Europe. More and more countries are declaring national emergencies and disasters, and fears of a global recession are growing. In the food sector, retailers, shipping companies and industry are trying to maintain supply chains, which is likely to put logistics to a tough test. Avian influenza subtype H5 has been detected in laying hens in Saxony.
3/16/20
Corn: consumers are buying more canned goods
PARIS. The corn markets were able to recover slightly due to an increase in crude oil prices, which are supporting the market via ethanol. The purchasing behavior of consumers, who tend to buy canned food and avoid fresh products due to the risk of a coronavirus infection, which is also increasingly affecting butchers' shops, is causing concern. This could affect the feed market as well.
3/11/20
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Harvest dates
Next harvest dates for Wheat
Country
Start of harvest
Egypt
4/1/20
Mexico
4/1/20
Saudi Arabia
4/1/20
Pakistan
4/1/20
Peru
4/15/20
China
5/1/20
Japan
5/1/20
Lesotho
5/1/20
Mozambique
5/1/20
Afghanistan
5/1/20
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Crop sizes

Crop sizes for Wheat
Country
Year
Crop size
China
2018
131,430,000 mt
India
2018
99,870,000 mt
Russia
2018
72,136,000 mt
USA
2018
51,310,000 mt
France
2018
35,840,890 mt
Canada
2018
32,201,000 mt
Pakistan
2018
25,100,000 mt
Ukraine
2018
25,007,040 mt
Germany
2018
20,278,200 mt
Turkey
2018
20,000,000 mt
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Price Information
No price information found
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