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On Thursday (May 26), the delivery price of first-class French wheat at the French port of Rouen was $449/ton, down $9 from a week earli.
The price range over the past 52 weeks is $240 to $472 a ton.
The price range over the past 52 weeks is $240 to $472 a ton.
On Thursday, the price of second-class wheat in Shanghe, Argentina was 475 yuan / ton, down 6 US dollars from a week ago; the US .
2 hard red winter wheat price was 523 US dollars / ton, down 26 US dollars from a week ago; the US .
2 soft red winter wheat price was 455 US dollars / ton, down 21 US dollars from a week a.
2 hard red winter wheat price was 523 US dollars / ton, down 26 US dollars from a week ago; the US .
2 soft red winter wheat price was 455 US dollars / ton, down 21 US dollars from a week a.
On the Euronext in Paris, the most actively traded December wheat futures closed at 4075 euros / ton on Friday, down 5% from a week ago; Chicago wheat futures fell 0% over the same peri.
The European Union's grain chamber, COCERAL, released its third forecast for EU cereal production in 2022 on Friday, raising its 2022 French soft wheat output to 376 million tonnes, up from its March forecast of 351 million tonnes, as plantings were raised At 8 million hectares, up from the 76 million hectares forecast in March; yields remained unchanged at 25 t/ha per hecta.
COCERAL's forecast for French wheat production contrasts sharply with forecasts by other analysts, who believe that dry weather is causing growth pressures for the French wheat cr.
COCERAL's forecast for French wheat production contrasts sharply with forecasts by other analysts, who believe that dry weather is causing growth pressures for the French wheat cr.
France is facing its worst drought since 2011, with declining wheat conditions and lower production prospects, Nathan Cordier, head of analytics at Agritel, told the Grain & Maritime conference in Istanb.
Agritel forecasts French wheat production in 2022 at 33 million tons, down from 35 million in 2021; wheat yields at 8 tons/ha, down from 12 tons/ha in 2021 and 7% below the 10-year average; sown area at 490 million hectar.
Agritel forecasts French wheat production in 2022 at 33 million tons, down from 35 million in 2021; wheat yields at 8 tons/ha, down from 12 tons/ha in 2021 and 7% below the 10-year average; sown area at 490 million hectar.
Agritel expects French wheat exports to third countries to increase to 15 million tonnes in 2022/23, up from 25 million tonnes in 2021/22, as domestic use is reduced due to lower domestic livestock stoc.
But the reduction in wheat production will prevent France from increasing exports more significant.
But the reduction in wheat production will prevent France from increasing exports more significant.
On May 12, FranceAgriMer lowered its forecast for French soft wheat exports to third countries in 2021/22 by 250,000 tons, from 5 million in April to 25 million, due to weaker overseas dema.
French wheat exports to EU member states were also lowered to 8 million tonnes from 1 million tonnes, while warnings that rains are urgently needed to avoid damage to cereal crops ahead of this summer's harve.
French wheat exports to EU member states were also lowered to 8 million tonnes from 1 million tonnes, while warnings that rains are urgently needed to avoid damage to cereal crops ahead of this summer's harve.
On May 12, the consulting agency Strategic Grains lowered its forecast for EU soft wheat production in 2022/23 (July-June) to 122 million tons, 500,000 tons lower than the April forecast, and 2021/2 of 133 million tonnes decreased by 1 million tonnes or 1%, reflecting lower plantin.
In addition, dry weather in Europe, especially in France, threatens yield potenti.
Additionally, Strategic Grains lowered EU soft wheat exports for 2021/22 to 29 million tons, down 5 million tons from April, as Russian wheat exports were higher than expect.
The agency raised its forecast for EU soft wheat exports in 2022/23 to 38 million tonnes, up 500,000 tonnes from the previous mon.
In addition, dry weather in Europe, especially in France, threatens yield potenti.
Additionally, Strategic Grains lowered EU soft wheat exports for 2021/22 to 29 million tons, down 5 million tons from April, as Russian wheat exports were higher than expect.
The agency raised its forecast for EU soft wheat exports in 2022/23 to 38 million tonnes, up 500,000 tonnes from the previous mon.
The European Commission's 2022/23 supply and demand report released on April 29 showed that EU wheat exports in 2022/23 will reach a record 40 million tons, unchanged from last month's expectations and up from 33 million tons in 2021/2 EU winter wheat production in 2022/23 is at 131 million tonnes, down from the March forecast of 133 million tonn.
EU-27 wheat exports in 2021/22 (July to June) reached 213 million tonnes as of May 22 (295 million tonnes last week and 223 million tonnes in the same period last year), according to European Commission da.
The volume was 22 million tons (13 million tons last week and 82 million tons in the same period last yea.
The number one buyer is Algeria, but the import volume is still lower than the same period last year, with 97 million tons of wheat imported so far (5 million tons last week, 33 million tons last year); its share is 15% (13% last week, 20% last year) .
The second largest buyer was Egypt, which imported 42 million tons (36 million tons last week, compared with 08 million tons in the same period last year); its share was 10% (13% last week and 4% in the same period last yea.
The third largest buyer was China, which imported 13 million tons (13 million tons last week, compared with 77 million tons in the same period last year), with a share of 8% (3% last week and 3% in the same period last yea.
The volume was 22 million tons (13 million tons last week and 82 million tons in the same period last yea.
The number one buyer is Algeria, but the import volume is still lower than the same period last year, with 97 million tons of wheat imported so far (5 million tons last week, 33 million tons last year); its share is 15% (13% last week, 20% last year) .
The second largest buyer was Egypt, which imported 42 million tons (36 million tons last week, compared with 08 million tons in the same period last year); its share was 10% (13% last week and 4% in the same period last yea.
The third largest buyer was China, which imported 13 million tons (13 million tons last week, compared with 77 million tons in the same period last year), with a share of 8% (3% last week and 3% in the same period last yea.
Milling wheat exports from the port of Rouen doubled to 115,200 tonnes in the week to May 25, as exports to Algeria and Egypt rose, up from 54,500 tonnes the previous week, data from French port operator Haropa show.
Last week, 60,350 t were shipped to Algeria and 47,500 t to Egy.
In addition, 4,000 tons were shipped to Ireland and 3,400 tons to the Netherlan.
Last week, 60,350 t were shipped to Algeria and 47,500 t to Egy.
In addition, 4,000 tons were shipped to Ireland and 3,400 tons to the Netherlan.
Investment funds and financial institutions were net long 184,315 contracts in Euronext milling wheat futures and options markets as of May 20, down from 186,215 contracts a week earlier, Euronext holdings data show.
The euro was trading at $07 on Friday, compared with $055 a week a.
Note: 1 Euro is equal to 07 USD
