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Morning round-up, Friday November 15

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* FranceAgriMer said that farmers were 85% complete with this year’s grain maize harvest by November 11.

 

This is up from the previous week’s 79%, but lower than the 99% level recorded for the same week during last year.

 

Soft wheat sowing for next year’s harvest was 72% complete, up from the previous week’s 67% but lower than last year’s 92%.

 

 


* APK-Inform has increased Ukraine’s 2019 grain crop estimate 0.1% to 71.97m tonnes.

 

The consultancy agency also upped the grain export forecast by 0.3% to 50.68m tonnes.

 

 


* Tereos said on Friday that it made a net loss of E21m during the first half of its financial year.

 

This is down from the French sugar maker’s loss of E96m for the same period during its previous financial year.

 

 


* Argentina’s Buenos Aires Grains Exchange put the country’s 2019-20 wheat harvest at 18.5m tonnes, down from its previous estimate of 18.8m tonnes.

 

It blamed drier-than-normal weather in some regions and an outbreak of Fusarium fungi in others for the reduction.

 

 


* According to India’s Solvent Extractors’ Association the country’s palm oil imports for the marketing year ending October 31 jumped 8% compared to the year before.

 

Purchases hit 9.4m tonnes for the period thanks to India reducing import tax on the oil.

 

India’s total vegetable oil purchases for the year reached 15.5m tonnes, up 3.5% from the year before.

 

Soyoil purchases for the 2018-19 marketing year reached 3.09m tonnes, up 1.5%.

 

Sunflower imports dropped 7% to 2.35m tonnes.

 

 

 

* The US Department of Agriculture said on Thursday that exporters in the country sold 129,000 tonnes of soybeans to China.

 

This was the US’s first farm products sale to China in a week.

 

The soybeans are scheduled for delivery in the current marketing year.

 

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