28 May 2015 | Online since 2003



Parts of US winter wheat crop get much-needed rain


EU grains closed with little change. May 14 London wheat 5 pence lower at GBP168.25/tonne, whilst new crop Nov 14 was GBP0.50/tonne easier at GBP159.30/tonne. May 14 Paris wheat closed a euro higher at EUR211.50/tonne, Jun 14 Paris corn was unchanged at EUR185.75/tonne and May 14 Paris rapeseed rose EUR1.75/tonne to EUR411.00/tonne.

Brussels announced another strong week of European soft wheat exports, with 816 TMT worth of export licences being granted. That takes the cumulative total for the 2013/14 campaign to 22.7 MMT, already beating the previous full season record set in 2008/09. Add on 582 TMT of wheat flour exports and a further 702 TMT of durum and we get a grand total of all wheat/flour exports of almost 24 MMT.

With 3 months of the season remaining that means that Europe has already achieved 83% of the USDA's estimated total for the marketing year of 29 MMT. If we were to carry on exporting wheat at this rate then total 2013/14 sales would hit 32 MMT.

As wheat goes out, corn comes in, with Brussels also granting 501 TMT worth of corn import licences, taking the marketing year to date total to 10.1 MMT.

The Russian Ag Minister optimistically said that the recent "acquisition" of Crimea would add 2 MMT of grain production to the national harvest this year, forecasting a total Russian grain crop of 97 MMT. The last time Crimea produced anything like that volume however was in 2011. Last year's crop was only 800 TMT and in 2012 it was only a little better at 900 TMT.

The Ukraine Weather Centre said that winter crop losses this year would only total 1-2% of plantings - a historically low number - due to the unusually mild winter. The Ukraine Ministry said that early spring grain plantings (which excludes corn) had been completed on 1.9 million hectares, or 64% of plan. That total includes 1.45 million ha of barley, 100k ha of wheat and 169k ha of oats.

APK Inform said that Ukraine's grain exports to date this season had now exceeded 25 MMT, which is 79% of their forecast for full year exports of 31.7 MMT.

Local analysts ProAgro forecast Ukraine's 2014/15 grain crop at 55.7 MMT, a 6.5% decline on last year. They see wheat production at 20.3 MMT, an 8.5% fall on 2013.

Parts of the US winter wheat crop got some much-needed rain overnight, partially easing drought conditions.

"Ordinarily a strong wave of showers would not make the headlines, but following one of the driest winters on record, it is big news. Of the 3 main bread wheat states Oklahoma fared best receiving 1-1.5 inches in scattered strong showers," said Martell Crop Projections. Parts of Kansas and Texas also picked up some moisture too, they noted.

Algeria's Ag Ministry estimated their 2014 grain crop at 5.5 MMT versus 4.9 MMT in 2013. They forecast 2014 soft and durum wheat imports at 5-5.5 MMT.

Tunisia's Ag Minister was quoted on Reuters as saying that this year's grain harvest "will much higher than last year's crop." Production in 2013 fell to only 1.2 MMT from 2.2 MMT in 2012.

Egypt's Supplies Minister said that he expects Egypt’s 2014/15 wheat imports to fall 1.0-1.5 MMT from 2013/14.

Download




Comments


No comments posted yet. Be the first to post a comment

To post comment without approval login or register

Display name

Please enter your name

Email (optional)
Comment

Please enter your comment

Post Comment

Your comment submitted successfully.Please wait for admin approval.

Some error on your process.Please try one more time.



Jobs


19 May 2015
Class 1 C+E Drivers required for farm grain collection - permanent job. Cambridgeshire.
Class 1 C+E Drivers - Permanent. Drivers required for our modern bulk tipper articulated fleet. Digital Tachograph card and C...

8 June 2015
Work for a Stockman/Assistant Herds person near the North Cornwall coast
An enthusiastic person required to assist on our spring block calving grass based dairy herd. The successful applicant must b...

29 June 2015
Harvest Casual worker required for job in >>Lincolnshire<<
We are looking for an experienced casual to join our harvest team July through to October to assist with Onion, Cereal a...

19 July 2015
Jobs for Harvest Workers required on large arable operation. Cambridge
Large arable farming business covering 1550 ha is looking for two workers to assist with the harvest operations. 

We...

11 May 2015
BEEF AND ARABLE OPPORTUNITY >>>> Colchester,
To join team on progressive beef and arable enterprise. Some experience necessary but plenty of opportunity given to pro...



Top stories you may have missed
15 May 2015 | Arable

Scotland’s Rural Affairs Secretary Richard Lochhead is calling on the Europ...


15 May 2015 | Finance

As the country settles down following the turmoil of the general election, ...


14 May 2015 | Animal Health

New research from the Universities of Bristol and Cambridge has found that ...


13 May 2015 | Animal Health

A new publication to help farmers prevent sheep lameness and offer advice o...


12 May 2015 | Agri Safety

The Farmers’ Union of Wales is putting the spotlight on Liver fluke at next...


5 May 2015 | News

The UK is now third in the global rankings for utility-scale solar energy a...


29 April 2015 | Agri Safety

A recent Rural Watch demonstration and information event gave Farmers’ Unio...


24 April 2015 | Meat Processing

Retailers should confirm their commitments to sourcing UK lamb this season,...


15 April 2015 | Meat Processing

A leading retailer has apologised after selling imported lamb in a Borders ...


9 April 2015 | Finance

The time has come for landlords to expect to see reductions in farm rents, ...