# Global Ag News for Nov 6.24 - ADM Investor Services

> EU soft wheat exports for the season through November 3 totaled 7.76 million tons, down 32% from a year earlier. Barley exports fell 39% year on year, and corn imports rose 8%. Futures were mixed, with SRW and HRW wheat lower overnight and soybeans down 16 cents.

- Date: 2024-11-06 · published 2024-11-06T12:00:00.000Z
- Category: trade · region EU · magnitude medium
- Page: https://feedsoft.ai/events/10551-global-ag-news-for-nov-6-24-adm-investor-services
- Commodities: [Wheat (SRW)](https://feedsoft.ai/c/WHEAT.md), [Wheat (HRW)](https://feedsoft.ai/c/KWHEAT.md), [Barley](https://feedsoft.ai/c/BARLEY.md), [Corn](https://feedsoft.ai/c/CORN.md)

## Why it matters

Weaker EU wheat and barley exports indicate lower competition in export markets, which supports demand for US and Black Sea origins. Higher EU corn imports indicate firm feed demand.

## Read by commodity

- CORN: bullish ▲
- WHEAT: bullish ▲
- BARLEY: bullish ▲
- KWHEAT: bullish ▲

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| WHEAT | 2018-07-10 | [Global trade war to be a boon for Black Sea grain](https://feedsoft.ai/events/63884-global-trade-war-to-be-a-boon-for-black-sea-grain.md) | +2.2% | +8.4% |
| WHEAT | 2020-12-01 | [Global Trade War a Boon for Black Sea Grain \| Feed & Grain](https://feedsoft.ai/events/49509-global-trade-war-a-boon-for-black-sea-grain-feed-and-grain.md) | +9.5% | +8.9% |
| WHEAT | 2021-03-04 | [Rising commodity prices are good news for ag producers — Oyen Echo](https://feedsoft.ai/events/48179-rising-commodity-prices-are-good-news-for-ag-producers-oyen-echo.md) | -2.3% | -2.6% |
| WHEAT | 2020-10-24 | [Rapid increase in global cereal prices](https://feedsoft.ai/events/50708-rapid-increase-in-global-cereal-prices.md) | -0.9% | -5.0% |
| WHEAT | 2026-02-21 | [BIMCO forecasts 5-6% growth in grain shipments for 2026 ‣ WorldCargo News](https://feedsoft.ai/events/16880-bimco-forecasts-5-6-growth-in-grain-shipments-for-2026-worldcargo-news.md) | +1.7% | +1.0% |
| KWHEAT | 2018-03-22 | [No hike in Indian wheat tariff good news for Australia - Grain Central](https://feedsoft.ai/events/65967-no-hike-in-indian-wheat-tariff-good-news-for-australia-grain-central.md) | -1.0% | +6.4% |
| KWHEAT | 2020-03-30 | [A page of good news for wheat growers - Brownfield Ag News](https://feedsoft.ai/events/54175-a-page-of-good-news-for-wheat-growers-brownfield-ag-news.md) | -3.0% | -3.3% |
| KWHEAT | 2022-03-31 | [Wheat exporters jockey for lucrative Egypt gap \| India News](https://feedsoft.ai/events/42249-wheat-exporters-jockey-for-lucrative-egypt-gap-india-news.md) | +3.9% | +8.8% |

## Sources

- admis.com: https://www.admis.com/global-ag-news-for-nov-6-24/

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Data from Feedsoft AI (https://feedsoft.ai/). For information only; not investment advice.