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Grains & Feed

Set Alert for Grains

Drought cuts EU wheat output, reducing export surplus

The lack of rainfall and heatwaves that have scorched fields in northern Europe are set to reduce the EU’s wheat harvest and lead the bloc to consume more of its own grains usually destined for exports, analysts have outlined.

Wheat EU Demand
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Wheat

Set Alert for IEG Vu Grains and Feed :: Wheat

USDA Crop Progress: Corn, soy ratings edge down while spring wheat harvest gains

US corn and soybean crops did see the condition ratings decline slightly over the past week while the ratings for spring wheat improved as harvest continues to move ahead.

Corn Wheat

US Futures Review: Wheat lower despite strong inspections

December wheat again posted double-digit losses Monday with the December contract losing 16¢ at USD5.53 1/2.

Wheat Exports

Kazakhstan wheat exports up on last season

Kazakhstan’s wheat exports for the first nine months of the 2017/18 season are already 25% higher than its total for 2016/17, analyst UkrAgroConsult reported.

Grains & Feed Wheat

US Futures Review: Wheat drops despite cut to US, global supply

Wheat futures finished the final session of the week with strong losses in the wake of USDA's August updates, with Minneapolis futures under the most pressure but losses were sizable for winter wheat markets. December Chicago wheat fell 17¢ at USD5.69 1/2.

Wheat Production

USDA tightens US, global wheat balance sheets

Carryover levels for US wheat and around the world are forecast smaller for 2018/19 than they were one month ago, and USDA also confirmed that European Union (EU) wheat production is under pressure.

Wheat Production

Drought to cut Danish cereal production by 40%

Denmark’s cereal production could be cut by almost half compared to previous years as farmers suffer one of the hottest and driest summers on record, a farming organisation has warned

Wheat Denmark
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Corn

Set Alert for IEG Vu Grains and Feed :: Corn

US Futures Review: Corn futures post moderate gains on technical rebound

Corn futures closed higher Tuesday, with December up 6¢ at USD3.76 1/2.

Corn Production

Southern Europe may save EU corn production

Favourable prospects for corn in southern Europe are expected to offset the damage caused by hot and dry weather further north. But reduced cereal harvests will still leave the region reliant on record imports of corn to feed its livestock, analysts have outlined.

Grains & Feed Corn

USDA Crop Progress: Corn, soy ratings edge down while spring wheat harvest gains

US corn and soybean crops did see the condition ratings decline slightly over the past week while the ratings for spring wheat improved as harvest continues to move ahead.

Corn Wheat

US Futures Review: Corn futures ended lower on continued pressure from USDA data

Corn futures finished lower Monday, December corn down 1 1/4¢ at USD3.56 1/2.

Corn Production

Rising costs add to woes for Brazilian pig and poultry sectors

Having survived June's truck drivers' strike, Brazilian hog and poultry farmers now face rising production costs, especially feed - driven by rocketing corn prices.

Brazil Hogs & Pork

IEG Vu Prices Briefing: Sugar and vanilla markets cooler, milk powder values converge

Prices for Madagascan vanilla and Bolivian Brazil nuts eased back while sugar futures also lost ground last week. Firmer than expected wheat and soybean prices offered some support to corn futures. Meanwhile European prices of skimmed milk powder (SMP) and lamb are edging closer to values in New Zealand.

International Sugar
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Rice

Set Alert for IEG Vu Grains and Feed :: Rice

South Korea to expand its MRL regulation

South Korea is going to increase the maximum residue limits (MRLs) for pesticides under its restriction scheme, called the Positive List System (PSL), to all imported agricultural products from December 2018 onward, to fulfil the harmonisation route map dictated by its trade agreement with the EU.

Dried Fruit & Nuts South Korea

First global rice price decrease in 21 months

The UN’s Food and Agriculture Organization (FAO) recorded the first significant decrease in its All Rice Price Index (2002-04=100) since October 2016, registering a 2.4% decline on-month in July to 229.2 points.

Rice Price

India’s monsoon rains seen below average, raising drought risk

After initially positive forecasts, India is now expected to receive below-normal monsoon rains in 2018, which could threaten the country’s grain harvest and planting of summer-sown crops.

Grains & Feed Oils & Oilseeds

IGC grains outlook cut on Russia and EU production downgrades

The International Grains Council (IGC) world grain production forecast was cut by 18 million tonnes month-on-month to a three-year low of 2,059 mln tonnes, with a warning of potential further cuts as harvests disappoint.

Russian Federation China

Japonica leads rice prices higher in June

A 5.2% increase in Japonica prices helped lift the UN Food and Agriculture Organization’s (FAO) all rice price index (2002-2004=100) up 1.5% on-month in June to 231.6 points.

Rice Pakistan

Philippines to miss rice self-sufficiency target

The Philippines will likely miss its target to become self-sufficient in rice production by 2020, the country’s agriculture minister admitted on Tuesday (June 19).

Grains & Feed Rice
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Barley

Set Alert for IEG Vu Grains and Feed :: Barley

Drought to cut Danish cereal production by 40%

Denmark’s cereal production could be cut by almost half compared to previous years as farmers suffer one of the hottest and driest summers on record, a farming organisation has warned

Wheat Denmark

Russian wheat harvest approaches half way mark

Some 13 million hectares of spring and winter wheat were threshed in Russia as of August 7, up from 9.9 mln ha in 2017, with 46.1 mln tonnes of wheat harvested, up from 43.2 mln tonnes last year.

Russian Federation Barley

Ukraine wheat exports up, barley falls

Ukraine has exported 3.4 million tonnes of grain since the start of the 2018/19 season on July 1, down from 3.5 mln tonnes last year.

Ukraine Barley

Argentina to set wheat production record after difficult drought year

Wheat production in Argentina is expected to hit a record of 19.5 million tonnes in 2018/19 as weather conditions improve after a severe drought curtailed 2017/18 production to 18.2 mln tonnes, according to a USDA post report.

Corn Argentina

Russian wheat exports over double last year’s level as corn falters

Russia has started the 2018/19 season with a high pace of grain exports as high volumes of wheat more than compensate for falling corn exports.

Russian Federation Barley

Weather costs Russian farmers RUB9 bln

Russian farmers have claimed RUB8.7 billion (USD143.7 million) in damages to cereal and legume crops as a result of adverse weather across the country, with a state of emergency declared across 17 regions due to droughts and areas of excess rainfall.

Russian Federation Barley
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Soymeal

Set Alert for IEG Vu Grains and Feed :: Soymeal

US Futures Review: Lower crop ratings, Argentine export tax changes support soymeal

Soymeal strength supported soybean futures again Tuesday while soyoil contracts ended lower. November soybean futures gained 11¢ at USD8.79 3/4.

Soy Soymeal

US Futures Review: Soybean futures buoyed by global soymeal strength

Soybean futures moved higher Wednesday, led by strong gains in soymeal while soyoil futures ended slightly lower. November soybean futures gained 4 3/4¢ at USD9.10 1/2.

Soy Soymeal

Indian oilmeal exports higher on strong rapeseed meal demand

Indian exports of oilmeals rose by 18% in July compared with the same month last year, according to provisional figures from the country’s Solvent Extractors Association (SEA).

Oils & Oilseeds Grains & Feed

Chinese soybean imports slow in July

Chinese soybean imports fell by 8% in July compared with the previous month, figures from the General Administration of Customs showed.

Oils & Oilseeds Soy

Pakistan’s soybean imports continue to grow

Pakistan is on track to import record 2 million tonnes of soybeans in 2017/18, according to a report from the USDA’s Foreign Agricultural Service’s (FAS) Islamabad post.

Oils & Oilseeds Soy

China could cut soybean imports by over 10 mln tonnes

China could reduce its soybean imports by more than 10 million tonnes this year, thanks to new technology, the use of alternative oilseeds in animal feed and slack demand for soymeal, state media Economic Daily reported today (August 6).

Oils & Oilseeds Soy
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Rapemeal

Set Alert for IEG Vu Grains and Feed :: Rapemeal

Indian oilmeal exports higher on strong rapeseed meal demand

Indian exports of oilmeals rose by 18% in July compared with the same month last year, according to provisional figures from the country’s Solvent Extractors Association (SEA).

Oils & Oilseeds Grains & Feed

Half Year Outlook 2018: Top EU rapeseed producers hit by weather woes

As the 2018 harvests get under way, the market looks to China for demand amid the escalating trade war between the Asian powerhouse and the US.
Oils & Oilseeds Rapeseed

Indian oilmeal prices drop to five-month low

Average export prices for Indian soy- and rapeseed meal dropped to a five-month low in June, according to the Solvent Extractors’ Association (SEA).

Grains & Feed Oils & Oilseeds

EU oilseeds imports 2017/18 down on previous season

EU oilseeds imports ended 2017/18 down by 8% compared with the previous season, thanks to better harvests in the bloc.

Oils & Oilseeds Rapeseed

German compound feed prices end 2017/18 higher

Prices of compound animal feed in Germany are set to end the 2017/18 marketing year higher, according to market information agency AMI.

Grains & Feed Price

Indian meal exports more than halve in May

Indian exports of oilmeals dropped by 57% in May compared with the previous month, provisional data from the Solvent Extractors’ Association (SEA) showed.

Oils & Oilseeds Grains & Feed
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Sunflowermeal

Set Alert for IEG Vu Grains and Feed :: Sunflowermeal

EU oilseeds imports 2017/18 down on previous season

EU oilseeds imports ended 2017/18 down by 8% compared with the previous season, thanks to better harvests in the bloc.

Oils & Oilseeds Rapeseed

IGC 2018: China's protein demand growth slowing

China may be consuming a growing share of world soybean production, but per-capita growth in protein demand in the country has been falling, even lagging slowing GDP growth in recent years.

China Soy

Global sunflower seed meal imports to grow by 5% in 2018/19

Global imports of sunflower seed are expected to grow by 5% in 2018/19, according to the USDA, thanks to the emergence of new markets such as China and Morocco.

Sunflowerseed Sunflowermeal

EU palm oil imports continue as regulatory debates rumble on

Despite much media attention over possible regulatory moves to curb its use on environmental grounds, EU palm oil imports remain up year-on-year at 4.9 million tonnes, led by Indonesia and Malaysia.

EU Soy

Turkey set for another year of record sunseed production

Turkish sunflower seed plantings and production are set to edge up from the previous record set in 2017/18 thanks to attractive returns, the USDA’s Foreign Agricultural Service (FAS) said.

Oils & Oilseeds Sunflowerseed

China approves seven Ukrainian sunflower meal exporters

A Chinese regulator has approved seven Ukrainian companies to start exporting sunflower meal to China.

Oils & Oilseeds Sunflowerseed
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Other Grains & Feed

Set Alert for IEG Vu Grains and Feed :: Other Grains and Feed

India’s monsoon rains seen below average, raising drought risk

After initially positive forecasts, India is now expected to receive below-normal monsoon rains in 2018, which could threaten the country’s grain harvest and planting of summer-sown crops.

Grains & Feed Oils & Oilseeds

IGC grains outlook cut on Russia and EU production downgrades

The International Grains Council (IGC) world grain production forecast was cut by 18 million tonnes month-on-month to a three-year low of 2,059 mln tonnes, with a warning of potential further cuts as harvests disappoint.

Russian Federation China

US farmer associations call for end to trade war and ‘self-inflicted damage’

US farmers want strong long-term markets, not stopgap compensation, say associations.

Trade Disputes Tariffs

US unveils USD12 bln farmer compensation for trade tariffs

The US government has unveiled a USD12 bln stop-gap measure to compensate agricultural producers affected by the country's ongoing trade dispute with China while the administration works on a longer-term trade policy.

Policy Trade Disputes

Weather, politics to lower China grains production

Grain production in china for the 2018/19 marketing year is subject to a maelstrom of weather events and domestic policy changes aimed at altering the structure of the market in the midst of trade tensions that threaten China’s global sourcing of agricultural products.

China Corn

Webinar: Grains and Oilseeds outlook for 2018 now available to review

With the escalating trade dispute between the US and China, and concerns over weather conditions in some of the biggest growing countries, there are a number of risk factors for the global grains and oilseeds market heading into the second half of the year.

Corn Sorghum
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