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EU & World cereal market situation - PowerPoint PPT Presentation


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EU & World cereal market situation. Euro/dollar exchange rate. CRUDE OIL. BALTIC DRY INDEX. EU-27 Cereal Production. EU 27 Balance. EU Export Commitments. Share of EU common wheat exports by MS /July - Oct 2008. Source: Comext (common wheat).

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slide8

Share of EU commonwheat exports

by MS /July - Oct 2008

Source: Comext (common wheat)

slide14

Intervention situation

Quantities under offer

"Cereals"

Marketing year: 2008/2009

Week No.: 23

at: 7/12/2008

EU-27 : 97.831 T.

5.848 T.

9.169 T.

9.605 T.

400 T.

72.809 T.

slide21

Common Wheat purchases

  • Egypt: GASC official: bought 240,000 t wheat, incl. 120,000 t from Russia, at $163 fob, and 120,000 t from the EU (France), at $171 fob, for Jan shipment;
  • Syria put out a new tender to buy 200,000 tonnes soft wheat of any origin. Bidding deadline in the new tender is Dec 17.
  • Morocco put out a new tender to buy 300,000 tonnes soft wheat of any origin. Bidding deadline in the new tender is Dec 17
  • Pakistan put a new tender to buy 500,000 tonnes of any origin (Dec 20).
slide29

Durum Wheat purchases

  • Tunisia: 25 000 t durum in a tender for December/ $ 175 a tonne c&f.
agrometeo conditions for eu sowing 2009
Agrometeo conditionsfor EU sowing 2009

Favorable conditions in Germany

Poor weather conditions in UK

Rain needed in some parts (RO, BG, HU, ES and GR)

preliminary forecasts for wheat sowing 2009
Preliminary forecastsfor wheat sowing 2009

In USA : 5 %

In EU : 1.5%

In Russia : 5 %

in Ukraine : 6%