Export Summary-Weather issues impact French, China wheat crops
On June 14, France reported stable crop conditions for soft wheat despite a challenging growing season marked by excessive moisture. According to FranceAgriMer, only 62% of soft wheat was in good or excellent condition, down significantly from 85% the previous year. Meanwhile, in China, severe drought and high temperatures are threatening summer wheat planting in key regions like Henan and Shandong, as reported by the agriculture ministry. Jordan’s state grain buyer announced tenders for 120,000 metric tons each of milling wheat and feed barley, with deadlines on June 25 and June 26 respectively, as per European traders.
June 14 (Reuters) -Snapshot of the global export markets for grains, oilseeds and edible oils as reported by government and private sources as of the end of business on Friday:
FRENCH WHEAT CONCERNS: Crop conditions for soft wheat in France were steady last week, data from farm office FranceAgriMer showed on Friday, but harvest prospects in the European Union’s biggest producer remained poor after a damp growing season. Some 62% of soft wheat was estimated to be in good or excellent condition by June 10, unchanged from a week earlier but down from 85% a year earlier, FranceAgriMer said in a cereal report.
DROUGHT IMPACTS CHINESE WHEAT PLANTING : In China, searing temperatures and drought in parts of the country, including the wheat producing regions of Henan and Shandong, are adversely impacting summer planting, the agriculture ministry said on Thursday.
PENDING TENDERS:
WHEAT TENDER: Jordan’s state grain buyer issued an international tender to buy up to 120,000 metric tons of milling wheat which can be sourced from optional origins, European traders said. The deadline for submission of price offers in the tender is June 25.
FEED BARLEY TENDER: Jordan’s state grains buyer issued an international tender to purchase up to 120,000 metric tons of animal feed barley, European traders said. The deadline for submission of price offers in the tender is June 26.
Source Link : https://www.xm.com/research/markets/allNews/reuters/export-summaryweather-issues-impact-french-china-wheat-crops-53861256
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