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On Thursday (July 8), the delivery price of first-class French wheat at the port of Rouen in France was US$242/ton, down by US$9/ton from a week ago
.
The price range for the past 52 weeks is between US$215 and US$304 per ton
.
.
The price range for the past 52 weeks is between US$215 and US$304 per ton
.
The price of second-class wheat in Shanghe, Argentina was US$273/ton, down by US$3 from a week ago; the price of No.
2 hard red winter wheat in the United States was US$278/ton, down by US$11 from a week ago; the price of No.
2 soft red winter wheat in the United States was US$249 /Ton, down 15 dollars from a week ago
.
2 hard red winter wheat in the United States was US$278/ton, down by US$11 from a week ago; the price of No.
2 soft red winter wheat in the United States was US$249 /Ton, down 15 dollars from a week ago
.
On the Euronext exchange in Paris, France, the most active December wheat futures on Friday closed at 199.
5 euros/ton, down 7.
25 euros or 3.
51% from a week ago, while Chicago wheat futures fell 5.
78% over the same period
.
5 euros/ton, down 7.
25 euros or 3.
51% from a week ago, while Chicago wheat futures fell 5.
78% over the same period
.
A survey shows that wheat production in the European Union and the United Kingdom will resume growth this year, because the sown area and yield of wheat will recover from the level of the previous year due to bad weather
.
However, traders and analysts said that the rains since spring have benefited the European wheat crops, but the current rains have caused market concerns about quality and questioned the prospects for wheat exports
.
.
However, traders and analysts said that the rains since spring have benefited the European wheat crops, but the current rains have caused market concerns about quality and questioned the prospects for wheat exports
.
On average, analysts predict that the soft wheat output of the 27 EU countries in 201 will be 130.
4 million tons, a year-on-year increase of 11%
.
The total wheat production in the EU and the UK will increase by 15% to 146.
2 million tons
.
British wheat production will increase by about 50% over the previous year, when the British wheat crop was affected by heavy rains
.
In France, the EU's number one wheat-producing region, wheat yields are expected to be good, but in Romania, frequent rains in early summer may reduce wheat quality
.
The outlook for wheat production in Europe will become clearer in the coming weeks, as crop growth is generally slower than normal and harvesting in France is delayed due to rainy weather
.
4 million tons, a year-on-year increase of 11%
.
The total wheat production in the EU and the UK will increase by 15% to 146.
2 million tons
.
British wheat production will increase by about 50% over the previous year, when the British wheat crop was affected by heavy rains
.
In France, the EU's number one wheat-producing region, wheat yields are expected to be good, but in Romania, frequent rains in early summer may reduce wheat quality
.
The outlook for wheat production in Europe will become clearer in the coming weeks, as crop growth is generally slower than normal and harvesting in France is delayed due to rainy weather
.
In the supply and demand report released on June 24, the European Commission lowered the wheat output of the 27 EU countries in 201-222 to 125.
8 million tons, an increase of 7% from 117.
2 million tons in 2020/21, but lower than the previous month’s forecast of 1.
262.
Billion tons
.
8 million tons, an increase of 7% from 117.
2 million tons in 2020/21, but lower than the previous month’s forecast of 1.
262.
Billion tons
.
The European Commission maintains the EU's forecast data for common wheat or soft wheat exports in 2021/22 unchanged at 30 million tons
.
In contrast, the output for 2020/21 is 27 million tons; the ending stocks for the 2021/22 period are lowered from the 10.
8 million tons forecast in May to 10.
1 million tons, but still higher than the previous year's 8.
8 million tons
.
.
In contrast, the output for 2020/21 is 27 million tons; the ending stocks for the 2021/22 period are lowered from the 10.
8 million tons forecast in May to 10.
1 million tons, but still higher than the previous year's 8.
8 million tons
.
The June Global Agricultural Production Report released by the U.
S.
Department of Agriculture showed that wheat output in the 27 EU countries is expected to be 137.
5 million tons, 3.
5 million tons higher than last month’s forecast, and 11.
6 million tons more than last year, and 5 higher than the five-year average.
%
.
S.
Department of Agriculture showed that wheat output in the 27 EU countries is expected to be 137.
5 million tons, 3.
5 million tons higher than last month’s forecast, and 11.
6 million tons more than last year, and 5 higher than the five-year average.
%
.
EU wheat crops usually enter the flowering period in late May, but the cool weather in April and May caused crops to grow one to ten days later than normal
.
However, the rains and cool weather in May alleviated people's worries about the drought in April
.
.
However, the rains and cool weather in May alleviated people's worries about the drought in April
.
According to the monthly supply and demand data released by the European Commission on May 27, the EU soft wheat production in the 2021/22 season (July to June of the following year) is expected to be 126.
2 million tons, which is higher than the April forecast of 124.
8 million tons, which is higher than 2020/21.
The annual volume of 117.
2 million tons increased by 6.
5%
.
The ending stocks of EU wheat in 2021/22 were also reduced to 10.
8 million tons, which was lower than the 11.
4 million tons forecast in April because of an increase in wheat feed consumption by 1 million tons
.
Wheat exports are expected to be 30 million tons, the same as the April forecast, and higher than the 27 million tons in 2020/21
.
2 million tons, which is higher than the April forecast of 124.
8 million tons, which is higher than 2020/21.
The annual volume of 117.
2 million tons increased by 6.
5%
.
The ending stocks of EU wheat in 2021/22 were also reduced to 10.
8 million tons, which was lower than the 11.
4 million tons forecast in April because of an increase in wheat feed consumption by 1 million tons
.
Wheat exports are expected to be 30 million tons, the same as the April forecast, and higher than the 27 million tons in 2020/21
.
According to data from the European Commission, from July 1, 2020 to June 30, 2021, the total wheat exports of the 27 EU countries reached 25.
53 million tons, an increase of about 150,000 tons from a week ago
.
Algeria is the number one destination for EU wheat exports, importing 5.
71 million tons, accounting for 22.
4%
.
China is the fifth destination, importing 1.
77 million tons of wheat, accounting for 6.
9% of the total
.
In addition, China is also the number one destination of EU barley, importing 2.
82 million tons, a share of 39.
2%
.
53 million tons, an increase of about 150,000 tons from a week ago
.
Algeria is the number one destination for EU wheat exports, importing 5.
71 million tons, accounting for 22.
4%
.
China is the fifth destination, importing 1.
77 million tons of wheat, accounting for 6.
9% of the total
.
In addition, China is also the number one destination of EU barley, importing 2.
82 million tons, a share of 39.
2%
.
Euronext's position data shows that as of July 2, investment funds and financial institutions held 111,736 net long positions in the Euronext milling wheat futures and options market, up from 81,600 a week ago
.
.
On Friday, the euro exchange rate was 1 euro to 1.
19 U.
S.
dollars, and 1 euro to 1.
19 U.
S.
dollars a week ago
.
19 U.
S.
dollars, and 1 euro to 1.
19 U.
S.
dollars a week ago
.
Note: 1 Euro is equal to 1.
19 U.
S.
dollars
19 U.
S.
dollars
