Market Titbits
Japan has bought 117,000 MT of wheat in it's usual weekly tender of which 75,000 MT was US origin.
Chinese soybean futures finished higher on forecasts for frost in the country's top producing region of Heilongjiang province.
The simmering trade dispute between the US and China over import tariffs on Chinese tyres won't be helped by one report doing the rounds today. Reuters are carrying a story quoting a leading Chinese government researcher saying that US farm subsidies effectively mean that the US is dumping soybeans on China.
French analysts Strategie Grains have increased their EU-27 soft wheat production estimate by 100,000 MT to 130.1 MMT.
This season's EU-27 barley crop will come in at 61.5 MMT say Strategie Grains, that's 800,000 MT up on last month's estimate although still 4 MMT, or 6%, down on last year.
UK retail sales were unchanged in August from July, and July's growth has been revised down from 0.4% to 0.2%. August food sales rose 0.7%, but growth was negative in other areas.
Chinese soybean futures finished higher on forecasts for frost in the country's top producing region of Heilongjiang province.
The simmering trade dispute between the US and China over import tariffs on Chinese tyres won't be helped by one report doing the rounds today. Reuters are carrying a story quoting a leading Chinese government researcher saying that US farm subsidies effectively mean that the US is dumping soybeans on China.
French analysts Strategie Grains have increased their EU-27 soft wheat production estimate by 100,000 MT to 130.1 MMT.
This season's EU-27 barley crop will come in at 61.5 MMT say Strategie Grains, that's 800,000 MT up on last month's estimate although still 4 MMT, or 6%, down on last year.
UK retail sales were unchanged in August from July, and July's growth has been revised down from 0.4% to 0.2%. August food sales rose 0.7%, but growth was negative in other areas.