Grains - Grain Products

Wheat: new tenders from Taiwan and Jordan

February 20, 2020 11:30 AM, Der AUDITOR
Play report as audio

FRANKFURT. The wheat markets in the USA and Western Europe registered losses again, only on the Black Sea did wheat pick up slightly. Moscow expects a 3 to 5% higher wheat crop in the summer, and also corrected export expectations downwards by 1 million metric tonnes.

The wheat market tended to be weaker. In Chicago, wheat was quoted at USD 5.62 per bushel in the morning, which is 3 cents lower than yesterday; in Paris, wheat declined by 25 cents to EUR 195.75/ per metric tonne. On the Black Sea, the February date rose by 50 cents USD 223 per metric tonne. On the export side, Taiwan announced a tender for 102,525 metric tonnes of feed wheat for April-May and Jordan for 120,000 metric tonnes of milling wheat for September. New production figures were received from the Black Sea region. Russia's Ministry of Agriculture expects the

View related articles

Go to the News Overview
Grains
Dec 6, 2021
BEIJING. In China, demand for millet is currently so low that many processors have temporarily stopped producing. This is also causing prices to decline.
Grains
Dec 2, 2021
BEIJING. With the arrival of the Eastern European crops on the market, Chinese market players expect increased price pressure. Prices have already fallen slightly compared to last week.
Grains
Nov 23, 2021
BEIJING/MOSCOW. Russia, Ukraine and Kazakhstan were able to increase their buckwheat production this year. Germany's imports, however, declined noticeably in the first month of this season. In China, prices remained stable.
Grains
Nov 22, 2021
BEIJING/KIEV. According to the latest data from the US Department of Agriculture, global millet production has been lower than expected. In China, market players have been able to agree on a price level.