Cereals daily: China buys more wheat in France

November 6, 2020 at 10:04 AM , Der AUDITOR
Play report as audio

CHICAGO/PARIS. Exports are driving the wheat market up in Western Europe and the Black Sea. Much hinges on demand in China. Speculations are rife over a possible restriction of exports for corn in Ukraine.

Physical wheat markets are up in Western Europe

Prices have risen sharply in Western Europe and the Black Sea, mainly driven by exports. Egypt bought 300,000 mt of soft wheat in Russia, although prices offered in France ranged on a similar level. Saudi Arabia has issued a tender over 600,000 mt of durum wheat for delivery in February/March. Flour mills in France have conducted purchases temporarily, whereas spot market trading is largely subdued in West Germany. Suppliers in France are highly focused on China. Demand is also high for brewing and feed barley in Ch

View related articles

Go to the News Overview
Grains
Apr 1, 2025
KYIV/DALIAN. Low demand is causing buckwheat prices in the Chinese market to fall again. In Ukraine, the acreage is expected to be lower than originally anticipated.
Grains
Apr 1, 2025
KYIV/DALIAN. Farmers in Ukraine have started sowing the spring crop. However, the millet acreage is expected to be even smaller than previously assumed.
Grains
Mar 5, 2025
DALIAN/KYIV. Chinese market players are keeping an eye on sowing for the coming crop. In Ukraine, lower acreages are expected from the outset.
Grains
Mar 4, 2025
DALIAN/MOSCOW. Low demand is putting pressure on prices on the Chinese market. Meanwhile, Russia has achieved significantly lower millet production in the current 2024/2025 season than in the previous year.