ZMP Grains News-Cockpit

ZMP Cockpit – News Summary

Competition from Russia is increasing

After surging late last week and early this week, wheat contracts fell again, continuing their trend. Over the course of a week, wheat on the Euronext/Matif went south from EUR 288.75 last Thursday to EUR 283.00 yesterday. For the whole of January, the March contract fell by EUR 21.50. At first. Maize also fell on the Euronext and closed yesterday in the front month of March at a closing price of...
  • Ukraine conflict
  • Cold spell in the US
  • Cultivated areas Ukraine
  • Crop failure in Argentina
  • opening up of the Chinese economy
  • lower demand for cash in Germany
  • high corn imports
  • stronger euro
  • competitive situation in Russia

ZMP Market Analyses

  • FAO corrects global grain supply 2022-23

    Feb 2023: FAO updates global grain supply 2022/23 - first preview of crop 2023 The Food and Agriculture Organization of the United Nations (FAO) has in its latest Jan.2023 report on the situation in the world grain market compared to the Dec.2022 forecast Upward corrections made. Wheat is primarily affected by...

  • Mars with climate data evaluation around the turn of the year

    The risk of overwintering increases again The climate data evaluation of the Agrometeorological Institute at the EU Commission (MARS) shows a pronounced temperature sum surplus for large parts of Central and Eastern Europe. After the short cold spell in mid-December 2022, the unusually warm temperatures at the beginning of 2023...

  • Jan.2023 USDA World Grain Estimate

    Jan-2023: USDA estimates world grain supply very cautiously. The US Department of Agriculture has shown its Jan 23 issue very cautious with more recent crop numbers. In particular, the most recent information on the results in Russia and Australia was not adopted because it was not yet believed to be sufficiently reliable. In...

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