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Financial investors expand net long position in Euronext wheat

Financial investors expand net long position in Euronext wheat
agriculture.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from agriculture.com Daily Mail and Mail on Sunday newspapers.

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French wheat shipments hit May low, barley buoyed by China

By Forrest CrellinPARIS, June 3 (Reuters) - French soft wheat shipments outside the European Union fell to their lowest in at least a decade for May, with steady loadings for Algeria standing out in an end of season lull, Refinitiv data showed.Soft wheat exports to destinations outside the EU-27 and Britain totalled 273,600 tonnes in May, the 11th month of the 2020/21 season, ....

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Rising wind power supply weighs on spot prices

The French day-ahead contract shed 2.4% to 50.75 euros/MWh.
Solar generation is forecast to diminish in all central-western Europe while wind power is rising, Refinitiv analysts said, adding that this trade-off may leave certain hours with a lower residual load than today.
Electricity generation from German wind turbines is expected to more than double to 11 gigawatts (GW), jumping 6.6 GW day-on-day, while solar power generation is expected to drop 2.8 GW to 3.5 GW, Refinitiv data showed.
French wind power supply is expected to add 420 megawatts (MW) to 2.1 GW, the data showed.
French nuclear power availability rose 1.5 percentage points to 70.2% of available capacity on Wednesday. ....

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Rising wind power supply weighs on spot prices

Rising wind power supply weighs on spot prices
leaderpost.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from leaderpost.com Daily Mail and Mail on Sunday newspapers.

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EUROPE POWER-Lower wind power supply lifts spot prices

By Reuters Staff
2 Min Read
PARIS, Feb 24 (Reuters) - European spot electricity prices for Thursday delivery rose on Wednesday following forecasts for a fall in wind power supply in France and Germany.
The price of over-the-counter baseload for Thursday delivery in Germany was up 12% to 45.35 euros ($55.19) a megawatt hour (MWh) at 0917 GMT.
The French day-ahead contract jumped 17.7% to 45 euros/MWh.
With wind power forecast to decrease, while consumption and solar power output are near flat, the residual load is expected to increase tomorrow, especially in the second half of the day, Refinitiv analysts said.
Electricity generation from German wind turbines is expected to fall by 4.1 gigawatts (GW) day-on-day to 15.2 GW, while solar power generation is expected to add 150 megawatts (MW) to 5.9 GW, Refinitiv data showed. ....

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