Market update week 7
Meanwhile, the USDA left its corn balance estimate unchanged in its latest report. The U.S. agency maintained its projections for both production and exports, with the export target for the current season remaining at 62.23 million tons. Domestic demand, including the ethanol sector, also remains stable.
Meanwhile, the USDA left its corn balance estimate unchanged in its latest report. The U.S. agency maintained its projections for both production and exports, with the export target for the current season remaining at 62.23 million tons. Domestic demand, including the ethanol sector, also remains stable.
Despite recent price increases in Europe and the Black Sea region, international demand remains strong. Algeria launched a tender yesterday to procure milling wheat, with deliveries planned for April.
Despite recent price increases in Europe and the Black Sea region, international demand remains strong. Algeria launched a tender yesterday to procure milling wheat, with deliveries planned for April.
Agreste has released its latest estimates on winter crop areas for the upcoming harvest. In soft wheat, French planting areas have increased as expected compared to the previous year. The total area is now estimated at 4.57 million hectares, reflecting a +10% rise from last year, when sowing conditions were particularly challenging. While this expansion suggests greater production potential, crop conditions require close monitoring.
Agreste has released its latest estimates on winter crop areas for the upcoming harvest. In soft wheat, French planting areas have increased as expected compared to the previous year. The total area is now estimated at 4.57 million hectares, reflecting a +10% rise from last year, when sowing conditions were particularly challenging. While this expansion suggests greater production potential, crop conditions require close monitoring.