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Wheat prices fall to a five-month low
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Egypt's wheat imports expected to drop
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Private importers gain a larger market share
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onto MED-Amin network July 6, 11:24 AM
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Wheat prices fall to a five-month low
Egypt's wheat imports expected to drop
Private importers gain a larger market share
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Speaking at the IDMA Global Grain & Milling Forum in Istanbul, Alexander Karavaytsev, Senior Economist at the International Grains Council, said global wheat production in 2026/27 is forecast to fall by 3% from the previous year’s peak, but overall supplies are expected to remain ample thanks to record carry-in stocks. Karavaytsev highlighted El Niño risks, smaller crops in major exporting countries, weaker import needs in some key destinations and the growing importance of freight, logistics and currency movements in shaping global wheat trade.
From
www
Surging freight rates, insurance costs, risk premiums hit global maritime transport market throughout the year, says sector representative | Anadolu
From
medias24
"Au 2 juillet, les minotiers n'ont collecté que 3 millions de quintaux de blé tendre issu de la production nationale. La collecte accuse un retard important."
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www
From
x
"Turkey will introduce updated plant quarantine regulations for wheat imports from 5 August, 2026, with several fungal pathogens to be treated as prohibited for import."
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www
The French wheat yield potential for the 2026–27 marketing year starting on 1 July in Aube (Grand Est) and Seine-et-Marne (Centre-East) is expected to fall below the seven-year truncated average, because dry spring conditions curtailed crop development, as confirmed on the final day of the Argus France wheat crop tour.
Emilio González Izquierdo Castilla y León La situación en Castilla y León es preocupante. La Junta estima una cosecha de cereales de invierno de 254.000 toneladas. Esta cifra es más de un 40% inferior a las 430.000 toneladas del año pasado. La pérdida de superficie sembrada y unos rendimientos escasos de 2.600 kg/ha explican este […]
From
enterpriseam
Egypt is breaking two wheat records in one season — local procurement and imports — with 4.6 mn tons already in and two months to run
From
www
The agriculture ministry estimates a harvest between 2.3 million and 2.5 million metric tons of wheat this year
"Global urea prices have dropped sharply after their spring rally, returning to levels last seen before the escalation of the conflict involving Iran. According to Bloomberg Green Markets, granular urea prices in New Orleans fell to $453.50 per ton, the lowest level since February 6 and 36% below the mid-April peak."
"En réponse aux pressions inflationnistes exercées par les tensions régionales, les autorités égyptiennes ont maintenu les prix du pain subventionné, consommé par environ 70 millions d’Égyptiens. Alors que le conflit avec l’Iran a entraîné une dépréciation de la livre égyptienne (environ 14 %) et des perturbations logistiques dans la région, la hausse des prix du blé a fait pression sur la filière meunière. En effet, les prix locaux du blé (à 12,5 % de protéines), départ entrepôt, sont passés d’environ 200 EUR à 230 EUR la tonne avant de se stabiliser autour de 220 EUR."
"Strong production prospects and large carry-over stocks will ensure comfortable supply in Romania and Bulgaria for the 2026/27 season, but the real test lies beyond production. As cost inflation, climate volatility and geopolitical risks reshape market behavior, success will increasingly depend on efficiency, competitiveness and disciplined risk management." |
Egypt is discussing increasing wheat imports from Poland as part of efforts to diversify sources of strategic commodities and strengthen food security, the Ministry of Supply announced on Tuesday. Supply Minister Sherif Farouk met in Cairo with Polish Secretary of State Małgorzata Gromadzka to discuss cooperation in grain, meat, and other food products, the ministry
"According to ASAJA, the costs per hectare in the rainfed have doubled in six years"
"The extreme weather cut as much as 30% of French corn output, according to preliminary estimates from the country's Agriculture Ministry."
The Moroccan government has introduced new rules governing the purchase of soft wheat used to produce subsidized flour, as well as updated conditions for its production, packaging, and sale during the 2026-2027 marketing season.
"The global wheat market experienced a widespread decline, largely attributed to the commencement of harvests in the Black Sea region, the United States and parts of Europe. According to trade sources, buyers are currently holding off on purchases, anticipating further price reductions. However, a notable number of transactions within tenders were reported during the week."
France's corn crop could continue to deteriorate in the coming weeks as hot and dry weather is forecast to continue throughout the critical flowering period after two spells of intense heat, at the end of May and now in the final week of June.
"PROTECTING AMERICA’S FOOD SUPPLY: Today, President Donald J. Trump took action to safeguard America’s food supply and support domestic agricultural production by authorizing the temporary suspension of certain duties on phosphate fertilizer imported from Morocco, helping ensure an adequate supply of phosphate fertilizer for American Farmers."
"Despite the early start and initial concerns, the initial data on yields and quality for the 2026 harvest of barley, durum wheat and soft wheat are encouraging."
"An interim agreement between the United States and Iran to end their months-long conflict and potentially fully reopen the Strait of Hormuz could lead to a sharp increase in grain imports by Persian Gulf countries. Since the waterway was effectively closed in late February, regional importers have been forced to rely on longer and less efficient trade routes, as well as ports outside the strait that often lack the infrastructure required to handle grain cargoes."
Algerian state grains buyer OAIC is looking to buy 50,000t of milling wheat for loading in August, in a tender closing this week.
Algeria’s state grain agency OAIC has purchased more than 800,000 metric tons of milling wheat in an international tender that closed on June 17. According to traders’ estimates, the total volume bought ranged between 800,000 and 870,000 tons, exceeding initial expectations of 600,000–780,000 tons. The wheat was reportedly purchased at around $264–265 per ton on
Turkey will increase the value of the gold franc used to calculate fees for vessels transiting the Turkish Straits of the Bosporus and Dardanelles without calling at ports starting July 1. This marks another annual tariff revision introduced by Ankara since 2022, according to Türkiye Today. The new rate will be $6.7 per gold franc, |
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