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Wheat at 2-week top on supply woes, soybeans up for 6th session

SINGAPORE, Oct 21 (Reuters) - Chicago wheat futures climbed to a two-week high on Thursday, rising for a second consecutive session as tightening global supplies supported prices. Soybeans rose for a sixth straight session, while corn traded near two-week high. "There is no reason for wheat prices to decline as...
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Agriculture Online

Ukraine 2021 grain harvest 76.5% complete at 56.3 mln T

KYIV, Oct 22 (Reuters) - Ukrainian farms have harvested 56.3 million tonnes of grain from 76.5% of its sowing area, with the yield averaging 4.62 tonnes per hectare, the agriculture ministry said on Friday. The volume includes 32.3 million tonnes of wheat, 9.6 million tonnes of barley, 11.2 million tonnes...
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Agriculture Online

TABLE-Russia sets grain export taxes for Oct 27-Nov 2

MOSCOW, Oct 22 (Reuters) - Russia has set out its grain export taxes for Oct 27-Nov 2, the agriculture ministry said on Friday. $ per tonne Wheat Barley Maize (Corn) Oct 27-Nov 2 - tax 67.0 42.6 49.7 - indicative price 295.8 245.9 256.0 Oct 20-26 - tax 61.3 45.9 48.4 - indicative price 287.6 250.6 254.2 Oct 13-19 - tax 58.7 49.4 47.2 - indicative price 283.9 255.6 252.5 Oct 6-12 - tax 57.8 43.1 45.2 - indicative price 282.6 246.6 249.7 Sept 29-Oct 5 - tax 53.5 35.3 46.3 - indicative price 276.5 235.5 251.2 Sept. 22-28 - tax 50.9 31.0 47.8 - indicative price 272.8 229.4 253.4 Sept. 15-21 - tax 52.5 33.1 49.0 - indicative price 275.0 232.3 255.0 Sept 8-14 - tax 46.5 26.1 51.1 - indicative price 266.5 222.4 258.1 Sept 1-7 - tax 39.4 27.0 51.6 - indicative price 256.4 223.7 258.8 Aug 25-31 - tax 31.7 26.6 49.6 - indicative price 245.3 223.1 255.9 Aug 18-24 - tax 30.4 26.1 49.6 - indicative price 243.5 222.4 255.9 Russia, the world's largest wheat exporter, launched its formula-based duty for grain exports from June as part of measures the government hopes will help stabilise domestic food inflation. The agriculture ministry determines the size of the duty on a weekly basis, based on price indicators reported by traders. (Reporting by Polina Devitt; editing by Olzhas Auyezov)
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Laos Accelerates Cattle Production For Export To China

VIENTIANE, Oct 20 (NNN-KPL) – The Lao government has urged breeders to expedite the commercial production of cattle for export, notably to China, in anticipation of the upcoming operation of the China-Laos railway. The Lao government is encouraging farmers in all 18 provinces across the country to breed cattle for...
AGRICULTURE
Agriculture Online

GRAINS-Wheat falls back after hitting 2-week high; soy, corn also down

* Retreat in oil prices, firm dollar weigh on grains * Tightening world supplies drove wheat to highest since Oct. 7 (Adds quote in paragraph 3, fund positioning) SINGAPORE/PARIS, Oct 21 (Reuters) - Chicago wheat futures pulled back from a two-week high hit earlier on Thursday as weaker crude oil prices and a firmer U.S. dollar offset tightening global supplies. Soybeans fell after rising for five straight sessions, while corn edged lower. The most-active wheat contract on the Chicago Board of Trade (CBOT) was down 0.6% to $7.44-1/2 a bushel at 1115 GMT, after hitting 7.52-1/2 in early trade, its highest since Oct. 7. Soybeans fell 0.7% to $12.36-3/4 a bushel and corn fell 0.5% at $5.36-3/4 a bushel. "The interim rise in the prices of various agriculturals yesterday was chiefly attributable to the weaker U.S. dollar," Commerzbank said in a note. The U.S. dollar index was slightly higher at 1030 GMT, at 93.648. A fall in crude oil prices was also weighing grain futures, mainly corn. Strategie Grains sharply increased its forecast for this year's maize crop in the European Union, which led the consultancy to trim its forecast for EU maize imports in the 2021/22 season. The U.S. corn and soybeans harvests are more than half complete and some end-users are raising their basis bids as they work to draw out supplies from farmers. The U.S. Energy Information Administration said production of corn-based ethanol in the latest week rose to 1.096 million barrels per day, the biggest weekly total since June 2019, while stockpiles increased to 20.080 million barrels. Argentine farmers have sold 31.9 million tonnes of soybeans harvested in the 2020/21 season, the Agriculture Ministry said on Wednesday in a report with data updated through Oct. 13. On other oilseed markets, Malaysian palm oil futures pulled back from a record high to end lower on Thursday, rattled by concerns over tightening regulations on the commodities market in China. Commodity funds were net buyers of CBOT soybean, corn, wheat, soyoil and soymeal futures contracts on Wednesday, traders said. Prices at 1115 GMT Last Change Pct Move CBOT wheat 744,50 -4,75 -0,63 CBOT corn 536,75 -2,50 -0,46 CBOT soy 1236,75 -8,75 -0,70 Paris wheat Dec 276,75 -1,50 -0,54 Paris maize Nov 247,00 -0,25 -0,10 Paris rape Nov 694,75 -3,50 -0,50 WTI crude oil 82,77 -0,65 -0,78 Euro/dlr 1,16 0,00 -0,09 Most active contracts - Wheat, corn and soy US cents/bushel, Paris futures in euros per tonne (Reporting by Naveen Thukral and Sybille de la Hamaide Editing by Uttaresh.V and Mark Potter)
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esmmagazine.com

Russian Wheat Export Prices Stabilise After 13 Weeks Of Growth: IKAR

Russian wheat export prices were stable last week after 13 weeks of consecutive growth, the IKAR agriculture consultancy said. Russian wheat with 12.5% protein loading from Black Sea ports for supply in early November was $310 a tonne free on board (FOB) at the end of last week, unchanged from the previous week, said Dmitry Rylko, head of IKAR.
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Agriculture Online

TABLE-Russia's 2021 grain harvest progress as of Oct. 19

MOSCOW, Oct 20 (Reuters) - Russia, one of the world's largest grain exporters, has harvested 115.4 million tonnes of grain before drying and cleaning, data from the agriculture ministry showed on Wednesday. RUSSIA'S GRAIN HARVEST PROGRESS (Oct. 19) All grains: Wheat Barley Maize Sunflower Sugar Rapeseed Soybeans (corn) seeds beet Crop, mln tonnes 115.4 77.3 18.6 7.6 12.3 27.1 2.9 3.6 Crop, as of same date 130.6 87.2 22.0 8.2 11.4 24.8 2.6 3.3 in 2020 Harvested area, mln 43.3 27.5 7.8 1.5 7.6 0.7 1.6 2.1 hectares Harvested area, as of 45.2 28.8 8.2 1.6 7.1 0.7 1.4 1.8 same date in 2020 Farmers have already sown winter grains for next year's crop on 16.3 million hectares compared to 17.5 million hectares on Oct. 19, 2020, the data showed. (Compiled by Polina Devitt; editing by Alexander Marrow)
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Agriculture Online

GRAINS-Soybeans fall for first time in five sessions

CANBERRA, Oct 20 (Reuters) - U.S. soybean futures edged lower on Wednesday after four straight sessions of gains, though strong demand for U.S. supplies kept prices near a one-week high. FUNDAMENTALS. * The most active soybean futures on the Chicago Board Of Trade were down 0.1% at $12.27 a bushel...
AGRICULTURE
Agriculture Online

Argentina says growers have sold 31.9 mln tonnes of 2020/21 soy

BUENOS AIRES, Oct 20 (Reuters) - Argentine farmers have sold 31.9 million tonnes of soybeans harvested in the 2020/21 season, the Agriculture Ministry said on Wednesday in a report with data updated through Oct. 13. It said the rhythm of sales was slower than last year's, when as of the...
AGRICULTURE
Agriculture Online

Ukraine 2022 winter wheat sowing 75% complete -ministry

KYIV, Oct 19 (Reuters) - Ukrainian farms had sown 5 million hectares of winter wheat for the 2022 harvest as of Oct 18, equating to 75% of the expected area of 6.68 million hectares, the agriculture ministry said on Tuesday. Winter wheat accounts for 95% of Ukraine's total wheat sowing...
AGRICULTURE
Agriculture Online

Ukraine 2021 grain harvest 73% complete at 52 mln T

KYIV, Oct 19 (Reuters) - Ukrainian farms have harvested 52 million tonnes of grain from almost 73% of its sowing area, with the yield averaging 4.48 tonnes per hectare, the agriculture ministry said on Tuesday. The volume includes 32.3 million tonnes of wheat, 9.6 million tonnes of barley, 6.9 million...
AGRICULTURE
postintrend.com

Oilseeds take the lead in early rabi sowing; pulses, paddy trails at last year’s levels

Oilseeds have taken the lead in the early Rabi sowing till the first fortnight of October, while pulses and paddy are trailing last year’s levels. According to the preliminary data released by the Agriculture Ministry, total rabi crop planting has taken place in 4.31 lakh hectares till October 14, marginally up over the 4.21 lakh ha in the same period last year.
AGRICULTURE
newagebd.net

World Food Day today

The World Food Day 2021 will be observed in the country today as elsewhere in the world with the theme ‘our actions are our future- Better production, better nutrition, a better environment and a better life’. The agriculture ministry and the Food and Agricultural Organisation of the United Nations will...
AGRICULTURE
Agriculture Online

UPDATE 2-Russia's 2022 wheat crop to rise y/y - Sovecon

MOSCOW, Oct 18 (Reuters) - Russia may increase its wheat crop to 80.7 million tonnes in 2022 from 75.5 million tonnes in 2021 due to good weather conditions for winter wheat, Sovecon, one of the leading agriculture consultancies in Moscow, said in a note on Monday. Russia is the world's...
AGRICULTURE
bssnews.net

World Food Day tomorrow

DHAKA, Oct 15, 2021 (BSS) - The World Food Day 2021 will be observed in the. country tomorrow as elsewhere in the world with the theme "Our actions are. our future- Better production, better nutrition, a better environment and a. better life". The Agriculture Ministry and the Food and Agricultural...
AGRICULTURE
esmmagazine.com

Rains Help Argentine Corn Sowing As Farmers Wrestle New Export Policy

Rains in central Argentina have helped farmers plant 2021/22 corn with 23.2% of expected area sown so far, the Buenos Aires Grains Exchange said, while growers wrestle with a new export policy that they say could force them to plant less. The key corn-growing provinces of San Luis and Cordoba...
AGRICULTURE
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