Latest BMTI Blog Entry…

• Dry Bulk Commodity Overview (23 Aug 2019)

  European wheat prices appear to be firming on the back of a softer euro and renewed optimism for the EU wheat crop. Paris prices rose by EUR 0.5/mt at the end of last week to EUR 173.25/mt for Decem­ber milling wheat contracts after reaching a contract low at the start of the week some EUR 3/mt lower. The euro, however, has been falling since the start of August, making euro-denominated wheat more at­tractive for dollar buyers on the global marketplace. Analysts including Strategie Grains have responded to the turnaround by upgrading their export fore­casts for EU soft wheat in the present season. Fresh optimism about the German wheat harvest, albeit delayed by recent rainfall, has driven new sales in the domestic market with some traders claiming that as much as 0.25 Mt has already been purchased from this season’s new German crop. More than 90% of the current German wheat crop has already been harvested, making sales activity less vulnerable to shifting weather conditions going forward.

  (more…)

BMTI Daily Snippet

The BMTI Daily Snippet is an excerpt of the respective days BMTI Daily report.

Read a Typical Issue

The free samples below will show you BMTI’s editorial performance in dry-cargo market research and reporting. For any more comprehensive archive investigation please contact BMTI with your request.