Eoin Hughes

Early estimates for French wheat protein content show it dipping below the recent averages, according to French farm office France Agrimer.

The EU’s latest Monitoring Agricultural Resources (MARS) report has forecast that most Ukrainian crop production would be reduced from the volumes seen in 2023 due to a dry summer and the military occupation of eastern parts of the country.

Yield forecasts for corn, barley and sunflowers were cut in the EU’s latest Monitoring Agricultural Resources (MARS) report, published on Monday September 23.

European Union weekly wheat exports totaled 279,788 tonnes in the seven days to Sunday September 22, according to initial data from the European Commission on Tuesday September 24.

Forecasts for corn, sunflower and soybean yields in the EU have all been cut after a rainy start to autumn, according to the latest EU Monitoring Agricultural Resources (MARS) report.

Dry bulk freight rates for Panamax vessels in the Atlantic Ocean fell to new lows in the week to Wednesday November 20, with exports still not sufficient to absorb tonnage, weighing on rates.

The International Grains Council (IGC) has lowered its world grain production forecast for the 2024/25 marketing year by 4 million tonnes to 2.31 billion tonnes, according to the council’s latest monthly report.

Dry bulk freight rates for Panamax vessels in the Atlantic Ocean remained at recent lows in the week to Wednesday December 4, with a lack of export cargoes and high tonnages continuing to hold rates down, Fastmarkets has heard.

Freight rates in the North and South Atlantic have dropped consistently since mid-October and are down by almost 25% year on year. Several factors explain the dramatically weaker rates, including less cargo in the Atlantic, a lack of logistical issues and slower demand from China, Fastmarkets understands.

Dry bulk freight rates for Panamax vessels in the Atlantic Ocean fell in the week to Wednesday December 18, with slow exports continuing to weigh on rates.