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net/tag_3729.
html" class="zdbq" title="France-related food information" target="_blank">French foodmate.
net/tag_2057.
html" class="zdbq" title="Wheat-related food information" target="_blank">wheat spot foodmate.
net/tag_2496.
html" class="zdbq" title="Price related food information" target="_blank">prices have fallen in the past week , and this is also the second consecutive week of lows.
Rainfall in the agricultural production areas of France helped to alleviate the growth pressure on crops caused by drought and frost last month.
On Thursday (May 13), the delivery price of first-class French wheat at the port of Rouen, France, was US$286/ton, down by US$13/ton from a week ago.
The price range for the past 52 weeks has ranged from US$201 to US$304 per ton.
The price range for the past 52 weeks has ranged from US$201 to US$304 per ton.
The price of second-class wheat in Shanghe, Argentina was US$283/ton, an increase of US$1 from a week ago; the price of No.
2 hard red winter wheat in the United States was US$296/ton, a decrease of US$24 from a week ago; the price of US No.
2 soft red winter wheat was US$307 /Ton, down 22 dollars from a week ago.
2 hard red winter wheat in the United States was US$296/ton, a decrease of US$24 from a week ago; the price of US No.
2 soft red winter wheat was US$307 /Ton, down 22 dollars from a week ago.
On the Euronext exchange in Paris, France, on Friday (May 14), the most actively traded September wheat futures closed at 217.
75 euros/ton, down 14.
25 euros from a week ago.
75 euros/ton, down 14.
25 euros from a week ago.
On May 13, the consulting firm Strategic Grains maintained its forecast for soft wheat production in the EU this year, as the forecast for French wheat production declined due to bad weather, but it was offset by the favorable production outlook for the southeastern EU.
The French company still expects that the 27 EU countries will produce 129.
6 million tons of soft wheat, an increase of 8.
5% from 119.
4 million tons last year.
The French company still expects that the 27 EU countries will produce 129.
6 million tons of soft wheat, an increase of 8.
5% from 119.
4 million tons last year.
The French Agriculture Office FranceAgriMer issued a report on May 12, reducing the 2020/21 season's French wheat ending stocks to 2.
6 million tons, which is lower than the 2.
7 million tons forecast last month and a 13% decrease from the previous year's 3 million tons.
The lowest inventory since 2013/14.
This is mainly due to the increase in French wheat exports to EU countries to 5.
7 million tons this month, higher than the 5.
6 million tons predicted in April.
6 million tons, which is lower than the 2.
7 million tons forecast last month and a 13% decrease from the previous year's 3 million tons.
The lowest inventory since 2013/14.
This is mainly due to the increase in French wheat exports to EU countries to 5.
7 million tons this month, higher than the 5.
6 million tons predicted in April.
According to data from the European Commission, from July 1, 2020 to May 9, 2021, the total wheat exports of the 27 EU countries reached 22.
84 million tons, an increase of about 700,000 tons from a week ago.
Algeria is the number one destination for EU wheat exports, importing 5.
04 million tons, accounting for 22.
1%.
China is the fifth destination, importing 1.
77 million tons of wheat, accounting for 7.
7%.
In addition, China is also the number one destination of EU barley, importing 2.
57 million tons, with a share of 38.
5%.
84 million tons, an increase of about 700,000 tons from a week ago.
Algeria is the number one destination for EU wheat exports, importing 5.
04 million tons, accounting for 22.
1%.
China is the fifth destination, importing 1.
77 million tons of wheat, accounting for 7.
7%.
In addition, China is also the number one destination of EU barley, importing 2.
57 million tons, with a share of 38.
5%.
According to the monthly supply and demand data released by the European Commission on April 29, the EU soft wheat production in 2021/22 is expected to be 124.
8 million tons, which is lower than the March forecast of 126.
7 million tons, but an increase of 6.
48% from the 117.
2 million tons in 2020/21.
.
The ending stocks of EU wheat in 2021/22 were also lowered to 11.
4 million tons, lower than the 12.
9 million tons predicted in March.
The outlook for wheat demand remains unchanged, and exports are expected to be 30 million tons, the same as the March forecast.
8 million tons, which is lower than the March forecast of 126.
7 million tons, but an increase of 6.
48% from the 117.
2 million tons in 2020/21.
.
The ending stocks of EU wheat in 2021/22 were also lowered to 11.
4 million tons, lower than the 12.
9 million tons predicted in March.
The outlook for wheat demand remains unchanged, and exports are expected to be 30 million tons, the same as the March forecast.
Euronext's position data shows.
As of June 7, investment funds and financial institutions held 145,178 net long positions in the Euronext milling wheat futures and options market, up from 133,450 a week ago.
As of June 7, investment funds and financial institutions held 145,178 net long positions in the Euronext milling wheat futures and options market, up from 133,450 a week ago.
On Friday, the euro exchange rate was 1 euro to 1.
21 U.
S.
dollars, and 1 euro to 1.
20 U.
S.
dollars a week ago.
21 U.
S.
dollars, and 1 euro to 1.
20 U.
S.
dollars a week ago.
Note: 1 Euro is equal to 1.
21 US dollars
21 US dollars
