Reading Time: < 1 minute French consultancy Agritel said July 26 it expects the soft wheat crop in France to fall 5.6 per cent this year after adverse weather. “French producers have had to deal with frost, drought, hail and scorching temperatures. These phenomena affected most of France with different degrees of intensity,” Agritel said in a statement. Its estimate […] Read more
Dry weather hits French wheat crop
Russia to ban some imports of seeds from Canada, Europe
Canada's Prograin soybean seed on list
Moscow | Reuters — Russia will ban imports of some seeds from several locations in Europe and Canada from Aug. 15, its agriculture safety watchdog said on Thursday, citing non-compliance by suppliers with phytosanitary requirements as the reason. Imports of tomato and carrot seeds will be banned from a nursery of Satimex Quedlinburg, in Germany, […] Read more
Grain exporters tap EU supplies as war shuts Ukraine ports
Hamburg/Paris | Reuters — Grain exporters are looking for alternative sources of wheat and corn as a Russian invasion cuts off Ukrainian supplies, with European Union producers Romania and France being used to cover some nearby loadings, traders said Friday. The conflict has rattled grain markets, with European wheat futures surging to a record high […] Read more
The end of pink ham? France to cut use of nitrite in cured meats
Paris | Reuters — France’s parliament has approved a bill that aims to gradually reduce the use of nitrite in cured meats and has ordered a review of the potential health risks by the end of June. Nitrite salts are widely used in cured meats such as ham, bacon and sausages, extend the shelf life […] Read more
U.S. grains: CBOT wheat up after mixed trade
Traders eye U.S. corn harvest results
Chicago | Reuters — Chicago Board of Trade wheat futures ended higher on Thursday after struggling for direction as traders assessed reduced harvest prospects in major exporting countries. Corn and soybean futures were little changed after topping two-week highs. Traders focused on global supply risks for wheat as Strategie Grains sharply lowered its projection for […] Read more
U.S. grains: Corn, soybeans climb
Wheat up on global supply concerns
Chicago | Reuters — Chicago corn futures climbed on Wednesday, supported by strength in the crude oil market and firming wheat futures. Wheat climbed as Russia joined France and Canada this week in reducing its production forecast for wheat at a time of strong global demand. Soybeans firmed, though gains were limited as canceled exports […] Read more
U.S. grains: Wheat firms on global supply cuts
Corn inches higher as U.S. crop ratings decline
Chicago | Reuters — Chicago wheat futures firmed two per cent on Tuesday, strengthened by global supply concerns amid strong demand, while a weaker U.S. dollar supported U.S. trade. Corn inched higher after a weekly decline in U.S crop conditions reported by the U.S. Agriculture Department (USDA). Soybeans traded both sides of even before easing […] Read more
U.S. grains: Wheat ends mixed, near 8-1/2-year high
Pro Farmer corn, soy tour begins in U.S.
Chicago | Reuters — Chicago Board of Trade wheat futures took a breather on Monday after setting 8-1/2-year highs last week on concerns about tightening supplies in exporting countries hit by harsh weather. Russian agriculture consultancy Sovecon trimmed its forecast for Russia’s crop by 0.3 per cent from last week in the latest estimated reduction […] Read more
Durum markets reckon with weather
'There was no wiggle room for a crop problem'
MarketsFarm — The higher temperatures soared and the longer between rains in Western Canada, the lower the yield projections for most crops — and drought-tolerant durum wheat is no exception. With bids already elevated due to a downturn in potential new-crop supply, the price of durum could rise even higher. “There’s not a lot of […] Read more
Morocco reimposing 170 per cent duty on hard wheat
Rabat | Reuters — Morocco will reimpose customs duty on soft and hard wheat of 135 and 170 per cent respectively from May 15 in order to cut imports at a time of higher prices in international markets, the agriculture ministry said Monday. The government had said last week the duties would be reintroduced from […] Read more