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Egypt may suffer lasting hangover from ergot rumpus

Egypt may face a need to accelerate wheat purchases at a time when it is being forced by wary merchants to pay a premium

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Egypt U-turns on ergot policy, after seller boycott
French wheat prices trim losses, as Egyptian supply ministry expects increased buying after ergot rules relax
Rising UK milling wheat premium threatens revival in imports
While imports made a slow start to 2016-17, that could change if UK milling wheat prices continue to outperform those of Germany
Commerz trims corn, wheat price hopes, citing large supplies
... even as Abares lifts its estimate for world output of both grains, and officials suggest Canada's harvest may prove bigger than thought
Wheat quality worries extend to China, supporting Australia export hopes
Abares lifts its forecast for Australian wheat exports, citing a "bumper" harvest and China's for quality supplies after rain-damaged harvest
Hedge funds' short-covering spree in corn 'may have further to go'
Hedge funds may face pressure to take some, unprofitable, bets in corn. In softs, some funds throw lose their nerve on cocoa, sugar too early
Egypt holds a wheat tender... but nobody comes
Merchants shun an Egyptian wheat tender, deterred by a zero tolerance rule on ergot contamination. But markets shrug off the lack of trade
Quality wheat to enjoy 'unusually high' premium to feed - USDA
Hard winter wheat futures take their premium to a five-month high, after the USDA fuels concerns over the quality of the world's huge harvest
Strat Grains cuts EU wheat export forecast well below official hopes
The influential consultancy sees EU soft wheat shipments tumbling 8m tonnes in 2016-17, and lowers its estimates on crop quality too
French wheat exports to fall to lowest in more than a decade
French wheat exports will, thanks to a poor harvest, plunge 45%, led by trade outside the EU. Barley, durum shipments will suffer too
US attacks $100bn in 'distorting' subsidies to Chinese grain farmers
Washington takes China to the WTO - just as the Asian country is poised to become, at \$21.5bn, the top importer of US agricultural produce
Soybean prices tumble, grains ease on upbeat US harvest forecasts
The US raises its soybean harvest forecast more than traders had expected - and cuts China imports hopes too. US corn crop hopes are trimmed
Australian wheat crop upgraded - heralding 'gruesome' export battle
Abares lifts barley, canola, wheat harvest forecasts to among the highest ever, citing "very favourable" conditions. But who will buy the crop?
Feature
Egypt may suffer lasting hangover from ergot rumpus

Egypt may face a need to accelerate wheat purchases at a time when it is being forced by wary merchants to pay a premium

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