02.
02.23
09:47

18.78 million tons of EU wheat exports

Yesterday, Wednesday, the March contract on the Euronext/Matif went south for EUR 2.50. Wheat could not keep the positive signs of the previous days yesterday. The export statistics of the EU Commission show wheat exports of 18.78 million tons for the current marketing year up to 01/29/2023. This means that the lead over the previous year has increased again somewhat. In northern Germany, but also in the Baltic Sea ports, there is currently talk of a quieter export business. Overall, cash market activity in Germany remains calm. According to reports, the food industry is supplied with sufficient grain until April/May, the feed mixers are ordering cautiously, since their buying farmers are very reluctant to enter into feed contracts in the wake of the recent fall in grain prices. On the CBoT, the signs were mixed yesterday after mostly starting the day trading with losses. Today the USDA will publish the weekly export sales, analysts expect a quantity between 300,000 and 600,000 tons.CanStat will also publish new figures on wheat stocks in Canada this week, and it is expected that these will be significantly better than last year in terms of quantity.

Source
VR AGRICULTURAL
Rückrufservice
Please describe your request so that we can prepare for the callback.
Yes, I have read the Privacy Policy note and I consent that the data provided by me, including the contact data, for the processing of the inquiry and in case of questions are electronically collected and stored. My data will only be used strictly for my request and will not be passed without my consent. This consent can be revoked any time with effect for the future.'
CAPTCHA
This question is for testing whether or not you are a human visitor and to prevent automated spam submissions.
Help?

Do you have questions about ZMP Live? Our team will be happy to help you. Please feel free to send us a message:

Our privacy policy applies

CAPTCHA
This question is for testing whether or not you are a human visitor and to prevent automated spam submissions.

Register now

Jetzt registrieren und ZMP Live+ 14 Tage kostenlos testen!
  • Dauerhaft kostenfrei
  • Keine Zahlungsinformationen erforderlich