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* Warm June, May showers help wheat after cold, dry early spring* Agritel sees potential for French crop rebounding to 38 mln T* German, Polish production also on track to increase* Weather increases odds of good UK crop following sowing reboundPARIS, June 4 (Reuters) - Warm June weather after widespread rain last month is helping European wheat crops recover from a chilly,
EU Wheat Exports Slacken As Importers Juggle With Russian Supply European Union wheat exports are set to tail off at the end of this season as Russia continues to ship supplies despite export levies while importers hold out for cheaper new-crop grain this summer, traders and analysts said. Brisk sales of EU wheat earlier in the July-June season, including large volumes of French wheat for China and German wheat for Algeria, had fuelled talk of tight stocks after a smaller harvest last summer. Russia’s decision to tax wheat exports from mid-February, to help cool local prices, was then expec...
4/9/2021 HAMBURG/PARIS, April 9 (Reuters) - European Union wheat exports are set to tail off at the end of this season as Russia continues to ship supplies despite export levies while importers hold out for cheaper new-crop grain this summer, traders and analysts said. Brisk sales of EU wheat earlier in the July-June season, including large volumes of French wheat for China and German wheat for Algeria, had fuelled talk of tight stocks after a smaller harvest last summer. Russia's decision to tax wheat exports from mid-February, to help cool local prices, was then expected to bring further de...
Bloomberg | Jan 12, 2021 By Megan Durisin, Yuliya Fedorinova and Abdel Latif Wahba The threat of Russia tightening wheat-export restrictions to safeguard its food supplies is spooking traders, prompting Egypt to take the rare step of canceling a tender to buy the grain. Russia said it will this week discuss whether to adjust an export tax planned for next month amid concerns the measure hasn’t done enough to keep high domestic prices in check. Egypt, its top customer, drew offers from the fewest companies since June at high prices. That prompted the tender to be scrapped. The dearth of part...