echemi logo
Product
  • Product
  • Supplier
  • Inquiry
    Home > Food News > Food Articles > European wheat market in focus for a week: French port wheat prices fall

    European wheat market in focus for a week: French port wheat prices fall

    • Last Update: 2021-09-10
    • Source: Internet
    • Author: User
    Search more information of high quality chemicals, good prices and reliable suppliers, visit www.echemi.com
    Foreign media news on September 5: French wheat spot prices fell in the past week
    .
     
    On Thursday (September 2), the delivery price of first-class French wheat at the port of Rouen in France was US$299/ton, down by US$3/ton from a week ago
    .
    The price range for the past 52 weeks has ranged from US$226 to US$314 per ton
    .

     
    The price of second-class wheat in Shanghe, Argentina was US$287/ton, down by US$4 from a week ago; the price of No.
    2 hard red winter wheat in the United States was US$327/ton, which was the same as a week ago; the price of US No.
    2 soft red winter wheat was US$307/ton , Up 18 dollars from a week ago
    .
     
    On the Euronext exchange in Paris, France, the most active December wheat futures on Friday closed at 244.
    5 euros/ton, down 2.
    25 euros or 0.
    91% from a week ago, while Chicago wheat futures fell 0.
    85% over the same period
    .
     
    According to the preliminary quality results report issued by France AgriMer, the crop office under the French Ministry of Agriculture, the French soft wheat crops have been affected by rainfall this year, and most of the wheat does not meet the usual milling standards
    .
     
    According to data released by FranceAgriMer, only 39% of soft wheat exceeds 76 kilograms per 100 liters (kg/hl), which is the lowest bulk density that meets the milling standard
    .
    Last year, 98% of soft wheat had a bulk density of more than 76 kg/hl
    .
    The protein content and fall value are better than test weight
    .
    About 94% of wheat has a protein content of 11%, and 77% of wheat has a protein content of more than 11.
    5%
    .
    The fall value of 57% of wheat exceeds the 240 specified in some export markets
    .
    The second round of soft wheat survey report will be published next week, and the final report will be published at the end of September
    .
     
    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
    .
     
      At the Port of Rouen, France's number one wheat export port, data from the port operator Haropa showed that the number of wheat shipments continued to decline last week
    .
    In the week ending September 1, the export volume of wheat at the port of Rouen was 63,609 tons, which was 30% lower than last week.
    Among them, 44,009 tons were exported to Mexico and 7,500 tons to Cameroon
    .
    There was no wheat exports from Algeria that week .
     
      According to data from the European Commission, as of August 29, wheat exports from the 27 EU countries reached 3.
    678 million tons (2.
    993 million tons a week ago) in the 2021/22 fiscal year (July to June of the following year), and imports were 265,000 tons ( 181,000 tons a week ago)
    .
    Algeria is the number one destination, importing 539,000 tons (371,000 tons last week), accounting for 14.
    7% (12.
    8% last week), but still lower than 668,000 tons (20.
    4%) in the same period last year; South Korea imported 428,000 tons Tons (407,000 tons last week), accounting for 11.
    6% (14.
    0% last week)
    .

     
      Euronext's position data shows that as of August 27, investment funds and financial institutions held a net long position of 169,831 lots in the Euronext milling wheat futures and options market, down from 178,038 lots a week ago
    .
     
      On Friday, the euro exchange rate was 1 euro to 1.
    19 U.
    S.
    dollars, and 1 euro to 1.
    18 U.
    S.
    dollars a week ago
    .
     
      Note: 1 Euro is equal to 1.
    19 U.
    S.
    dollars

    French wheat prices
     
      On Thursday (September 2), the delivery price of first-class French wheat at the port of Rouen in France was US$299/ton, down by US$3/ton from a week ago
    .
    The price range for the past 52 weeks has ranged from US$226 to US$314 per ton
    .

     
      The price of second-class wheat in Shanghe, Argentina was US$287/ton, down by US$4 from a week ago; the price of No.
    2 hard red winter wheat in the United States was US$327/ton, which was the same as a week ago; the price of US No.
    2 soft red winter wheat was US$307/ton , Up 18 dollars from a week ago
    .
     
      On the Euronext exchange in Paris, France, the most active December wheat futures on Friday closed at 244.
    5 euros/ton, down 2.
    25 euros or 0.
    91% from a week ago, while Chicago wheat futures fell 0.
    85% over the same period
    .
     
      According to the preliminary quality results report issued by France AgriMer, the crop office under the French Ministry of Agriculture, the French soft wheat crops have been affected by rainfall this year, and most of the wheat does not meet the usual milling standards
    .
     
      According to data released by FranceAgriMer, only 39% of soft wheat exceeds 76 kilograms per 100 liters (kg/hl), which is the lowest bulk density that meets the milling standard
    .
    Last year, 98% of soft wheat had a bulk density of more than 76 kg/hl
    .
    The protein content and fall value are better than test weight
    .
    About 94% of wheat has a protein content of 11%, and 77% of wheat has a protein content of more than 11.
    5%
    .
    The fall value of 57% of wheat exceeds the 240 specified in some export markets
    .
    The second round of soft wheat survey report will be published next week, and the final report will be published at the end of September
    .
     
      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
    .
     
      At the Port of Rouen, France's number one wheat export port, data from the port operator Haropa showed that the number of wheat shipments continued to decline last week
    .
    In the week ending September 1, the export volume of wheat at the port of Rouen was 63,609 tons, which was 30% lower than last week.
    Among them, 44,009 tons were exported to Mexico and 7,500 tons to Cameroon
    .
    There was no wheat exports from Algeria that week .
     
      According to data from the European Commission, as of August 29, wheat exports from the 27 EU countries reached 3.
    678 million tons (2.
    993 million tons a week ago) in the 2021/22 fiscal year (July to June of the following year), and imports were 265,000 tons ( 181,000 tons a week ago)
    .
    Algeria is the number one destination, importing 539,000 tons (371,000 tons last week), accounting for 14.
    7% (12.
    8% last week), but still lower than 668,000 tons (20.
    4%) in the same period last year; South Korea imported 428,000 tons Tons (407,000 tons last week), accounting for 11.
    6% (14.
    0% last week)
    .

     
      Euronext's position data shows that as of August 27, investment funds and financial institutions held a net long position of 169,831 lots in the Euronext milling wheat futures and options market, down from 178,038 lots a week ago
    .
     
      On Friday, the euro exchange rate was 1 euro to 1.
    19 U.
    S.
    dollars, and 1 euro to 1.
    18 U.
    S.
    dollars a week ago
    .
     
      Note: 1 Euro is equal to 1.
    19 U.
    S.
    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.