echemi logo
Product
  • Product
  • Supplier
  • Inquiry
    Home > Food News > Food Articles > European wheat market: wheat prices fall in French ports

    European wheat market: wheat prices fall in French ports

    • Last Update: 2021-09-18
    • Source: Internet
    • Author: User
    Search more information of high quality chemicals, good prices and reliable suppliers, visit www.echemi.com
    Foreign media September 12 news: French wheat spot prices fell in the past week
    .
     
    On Thursday (September 9), the delivery price of first-class French wheat at the port of Rouen in France was US$293/ton, down by US$6/ton from a week ago
    .
    The price range for the past 52 weeks is between US$228 and US$314 per ton
    .
     
    The price of second-class wheat in Shanghe, Argentina was US$287/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$319/ton, a decrease of US$8 from a week ago; the price of US No.
    2 soft red winter wheat was US$298 /Ton, down 9 dollars from a week ago
    .
     
    On the Euronext exchange in Paris, France, the most active December wheat futures on Friday closed at 237.
    75 euros/ton, down 6.
    75 euros or 2.
    76% from a week ago, while Chicago wheat futures fell 5.
    60% over the same period
    .
     
      The results of the second wheat quality test released by FranceAgriMer, the crop office under the French Ministry of Agriculture this week, showed that only 30% of soft wheat exceeds the minimum standard of 76KG/HL for French milling wheat, which is lower than 39% a week ago
    .
    Last year, 98% of French wheat had a bulk density of more than 76%
    .
    In addition, 67% of the French wheat fall value exceeds the French standard of 220, last week it was 72%; 51% of the wheat fall value exceeds the 240 required by some export markets, which is lower than the 57% estimated last week
    .
     
      This week's survey showed a slight improvement in the protein content of French wheat
    .
    95% of soft wheat has a protein content of no less than 11%, which was predicted last week to be 94%
    .
    However, the proportion of wheat with a protein content of more than 11.
    5% is lower, at 74%, compared with 77% last week
    .
    FranceAgriMer will release the final report on soft wheat quality for 2021 later this month
    .
     
      The European Commission recently released its August monthly report, lowering the forecast for wheat production in the 27 EU countries in 2021/22 to 127.
    2 million tons, which is lower than the 127.
    7 million tons predicted last month
    .
    But still higher than the 117.
    2 million tons of last year
    .
     
      The European Commission maintains the EU's general wheat export forecast data for the 2021/22 season (July to June of the following year) unchanged, still at 30 million tons, compared with 27.
    3 million tons in 2020/21
    .
     
      In August 2021, French soft wheat exports to regions outside the EU increased to a three-year high, because after a slow start in July, French wheat exports to Algeria increased
    .
    In August, France's soft wheat exports to regions outside the EU were 834,600 tons, of which 335,900 tons were exported to Algeria
    .
    FranceAgriMer predicts that France’s soft wheat exports to regions outside the EU are expected to be 10.
    5 million tons in the 2021/22 season (July to June), an increase of 3 million tons year-on-year
    .
    In August, France's soft wheat exports to EU member states were 100,000 tons
    .
     
      In the port of Rouen, France’s number one wheat export port, data from the port operator Haropa showed that the export volume of wheat from the port of Rouen was 115,294 tons in the week ending September 8, an increase of 85% from the previous week, of which 54,300 tons were exported to Algeria.
    , Exporting 40,000 tons to China
    .
     
      According to data from the European Commission, as of September 5, wheat exports from the 27 EU countries reached 4.
    66 million tons (3.
    678 million tons a week ago) and 405,000 tons ( 265,000 tons a week ago)
    .
    Algeria is the number one destination, importing 692,000 tons (539,000 tons last week), accounting for 14.
    8% (14.
    7% last week), but still lower than 699,000 tons (19.
    4%) in the same period last year; South Korea imported 492,000 tons Tons (428,000 tons last week), accounting for 10.
    6% (11.
    6% last week)
    .
     
      Euronext's position data shows that as of September 3, investment funds and financial institutions held a net long position of 150,206 lots in the Euronext milling wheat futures and options market, down from 169,831 lots a week ago
    .
     
      On Friday, the euro exchange rate was 1 euro to 1.
    18 U.
    S.
    dollars, and 1 euro to 1.
    19 U.
    S.
    dollars a week ago
    .
     
      Note: 1 Euro is equal to 1.
    18 US dollars
    French wheat prices
     
      On Thursday (September 9), the delivery price of first-class French wheat at the port of Rouen in France was US$293/ton, down by US$6/ton from a week ago
    .
    The price range for the past 52 weeks is between US$228 and US$314 per ton
    .
     
      The price of second-class wheat in Shanghe, Argentina was US$287/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$319/ton, a decrease of US$8 from a week ago; the price of US No.
    2 soft red winter wheat was US$298 /Ton, down 9 dollars from a week ago
    .
     
      On the Euronext exchange in Paris, France, the most active December wheat futures on Friday closed at 237.
    75 euros/ton, down 6.
    75 euros or 2.
    76% from a week ago, while Chicago wheat futures fell 5.
    60% over the same period
    .
     
      The results of the second wheat quality test released by FranceAgriMer, the crop office under the French Ministry of Agriculture this week, showed that only 30% of soft wheat exceeds the minimum standard of 76KG/HL for French milling wheat, which is lower than 39% a week ago
    .
    Last year, 98% of French wheat had a bulk density of more than 76%
    .
    In addition, 67% of the French wheat fall value exceeds the French standard of 220, last week it was 72%; 51% of the wheat fall value exceeds the 240 required by some export markets, which is lower than the 57% estimated last week
    .
     
      This week's survey showed a slight improvement in the protein content of French wheat
    .
    95% of soft wheat has a protein content of no less than 11%, which was predicted last week to be 94%
    .
    However, the proportion of wheat with a protein content of more than 11.
    5% is lower, at 74%, compared with 77% last week
    .
    FranceAgriMer will release the final report on soft wheat quality for 2021 later this month
    .
     
      The European Commission recently released its August monthly report, lowering the forecast for wheat production in the 27 EU countries in 2021/22 to 127.
    2 million tons, which is lower than the 127.
    7 million tons predicted last month
    .
    But still higher than the 117.
    2 million tons of last year
    .
     
      The European Commission maintains the EU's general wheat export forecast data for the 2021/22 season (July to June of the following year) unchanged, still at 30 million tons, compared with 27.
    3 million tons in 2020/21
    .
     
      In August 2021, French soft wheat exports to regions outside the EU increased to a three-year high, because after a slow start in July, French wheat exports to Algeria increased
    .
    In August, France's soft wheat exports to regions outside the EU were 834,600 tons, of which 335,900 tons were exported to Algeria
    .
    FranceAgriMer predicts that France’s soft wheat exports to regions outside the EU are expected to be 10.
    5 million tons in the 2021/22 season (July to June), an increase of 3 million tons year-on-year
    .
    In August, France's soft wheat exports to EU member states were 100,000 tons
    .
     
      In the port of Rouen, France’s number one wheat export port, data from the port operator Haropa showed that the export volume of wheat from the port of Rouen was 115,294 tons in the week ending September 8, an increase of 85% from the previous week, of which 54,300 tons were exported to Algeria.
    , Exporting 40,000 tons to China
    .
     
      According to data from the European Commission, as of September 5, wheat exports from the 27 EU countries reached 4.
    66 million tons (3.
    678 million tons a week ago) and 405,000 tons ( 265,000 tons a week ago)
    .
    Algeria is the number one destination, importing 692,000 tons (539,000 tons last week), accounting for 14.
    8% (14.
    7% last week), but still lower than 699,000 tons (19.
    4%) in the same period last year; South Korea imported 492,000 tons Tons (428,000 tons last week), accounting for 10.
    6% (11.
    6% last week)
    .
     
      Euronext's position data shows that as of September 3, investment funds and financial institutions held a net long position of 150,206 lots in the Euronext milling wheat futures and options market, down from 169,831 lots a week ago
    .
     
      On Friday, the euro exchange rate was 1 euro to 1.
    18 U.
    S.
    dollars, and 1 euro to 1.
    19 U.
    S.
    dollars a week ago
    .
     
      Note: 1 Euro is equal to 1.
    18 US dollars
    This article is an English version of an article which is originally in the Chinese language on echemi.com and is provided for information purposes only. This website makes no representation or warranty of any kind, either expressed or implied, as to the accuracy, completeness ownership or reliability of the article or any translations thereof. If you have any concerns or complaints relating to the article, please send an email, providing a detailed description of the concern or complaint, to service@echemi.com. A staff member will contact you within 5 working days. Once verified, infringing content will be removed immediately.

    Related Articles

    Contact Us

    The source of this page with content of products and services is from Internet, which doesn't represent ECHEMI's opinion. If you have any queries, please write to service@echemi.com. It will be replied within 5 days.

    Moreover, if you find any instances of plagiarism from the page, please send email to service@echemi.com with relevant evidence.