Articles By Regina Koh
China’s soybean imports from the US in September 2024 came to 1.71 million tonnes, according to data from the country’s General Administration of Customs (GACC) released on Sunday October 20.
Chinese state agencies will be holding an auction for imported soybeans on Wednesday October 23, when around 123,000 tonnes of imported soybeans will be offered for sale, according to a note published by the National Grain Trade Center (NGTC) on Monday October 21.
Malaysia's Ministry of Finance (MoF) released an appendix late on Friday October 18 evening detailing its proposed revision of the export duty rates for crude palm oil (CPO) that was announced on the same day.
South Korean feed importer Korea Feed Association (KFA) has picked up one 65,000-tonne cargo of corn via a private deal for shipment in December-January, sources told Fastmarkets on Monday October 21.
Malaysia will raise its windfall tax threshold for palm oil and amend the market price structure and crude palm oil (CPO) export duty rate from November 1, the government said as part of its Budget 2025 announcement on Friday October 18.
China imported 310,000 tonnes of corn in September, a further drop from August’s 428,467 tonnes and the lowest since March 2020 when imports were around 318,000 tonnes, figures from the country’s General Administration of Customs (GACC) showed on Friday October 18.
Taiwanese feed importer MFIG has issued a buy tender for up to 65,000 tonnes of December-January shipment corn, traders told Fastmarkets on Thursday October 17.
China’s vegoil inventories consisting of soybean oil, rapeseed oil and palm oil totaled 2.06 million tonnes in the week to Friday October 11, according to data from the China National Grain and Oil Information Centre (CNGOIC) on Thursday October 17.
China’s weekly soybean crush volume was reported at 1.54 million tonnes as of Friday October 11, according to data from the China National Grain and Oil Information Center (CNGOIC).
South Korean feed importers Nonghyup Feed Inc (NOFI) and Korean Feed Association (KFA) have followed purchases by another importer, Major Feedmill Group (MFG), for corn cargoes, picking up around 130,000 tonnes of corn via private deals for arrival in December and January, sources told Fastmarkets on Wednesday October 16.
South Korean feed importer Major Feedmill Group (MFG) concluded its buy tender for January-arrival corn on Wednesday October 16, picking up two cargoes totaling around 131,000 tonnes of the grain, sources have told Fastmarkets.
Chinese state agencies held an auction for imported soybeans on Wednesday October 16, where 238,756 tonnes of soybeans were offered for sale.
South Korean feed importer Major Feedmills Group (MFG) is seeking up to 140,000 tonnes of animal feed corn for January-arrival, sources told Fastmarkets on Tuesday October 15.
Chinese state agencies will be holding an auction for imported soybeans on Wednesday October 16, where around 239,000 tonnes will be offered for sale, according to a note published by the National Grain Trade Center (NGTC) on Monday October 14.
China imported 11.37 million tonnes of soybeans in September 2024, estimates from the country’s General Administration of Customs (GACC) showed on Monday October 14.
India’s edible vegetable oil imports fell to 1.064 million tonnes in September, its lowest since February, according to figures from industry group Solvent Extractors Association of India (SEA) on Friday October 11.
South Korean feed importers Nonghyup Feed Inc (NOFI) and Major Feedmill Group (MFG) have purchased around 120,000 tonnes of soybean meal via tenders concluded on Friday October 11, trade sources told Fastmarkets.
The Chinese agriculture outlook committee (CAOC) has maintained its estimates and forecasts for the supply and demand of key agricultural commodities for 2023/24 and 2024/25 in its latest China Agricultural Supply and Demand Estimates (CASDE) update released on Friday October 11.
Chinese state agencies held an auction for imported soybeans on Thursday October 10, where 149,650 tonnes of soybeans were offered for sale, trade sources have told Fastmarkets.
The South Korean Flour Millers’ Association (Kofmia) has booked around 26,000 tonnes of US-origin milling wheat for shipment during December 1-31, trade sources told Fastmarkets on Tuesday October 8.