Market News
Canada's grain and oilseed exports rose by 57%, or 383,100 tonnes, in the week ended Sunday September 15, totaling 1.1 million tonnes, with gains in canola and wheat flows, according to data from the Canadian Grain Commission released late on Thursday September 19.
Corn planting progress in Argentina for the 2024/25 marketing year reached 7.1% of the projected sown area of 6.3 million hectares in the week to Wednesday September 18, according to the Buenos Aires Grains Exchange (BAGE) weekly crop report published on Thursday September 19.
Dry conditions in the Black Sea region in the week beginning Thursday September 19 will provide an ideal environment for harvesting late-season crops such as corn and sunflower. Elsewhere, challenges are expected to persist for growers in North America and South America, as well as parts of China and Australia, due to wetter and more unpredictable weather patterns.
Fastmarkets commits to publishing on a daily basis the bids, offers, indicative levels or other cash trading indications on any basis and geography that relates to any of the vital markets that have strong ties with Ukraine.
China’s corn and wheat imports in August fell to their lowest levels for several years, with the pace of buying in the country slowing after a frenetic phase of imports earlier this year, sources told Fastmarkets on Wednesday September 18.
Fastmarkets commits to publishing on a daily basis the bids, offers, indicative levels or other cash trading indications on any basis and geography that relates to any of the vital markets that have strong ties with Ukraine.
France's state-backed farm agency FranceAgriMer has cut its forecast for total wheat exports from France by some 4 million tonnes, to 10.1 million tonnes, down by 39.2% from 16.6 million tonnes of exports in the 2023/24 marketing year.
Fastmarkets commits to publishing on a daily basis the bids, offers, indicative levels or other cash trading indications on any basis and geography that relates to any of the vital markets that have strong ties with Ukraine.
Corporate News
Russian president Vladimir Putin has signed a document that confirms his government has officially seized the assets of Russia-based company Agroterra, wresting control from the company's owner, US-headquartered investment company NCH Capital.
European seeds producer KWS reported upbeat results for the nine months of the fiscal year...
A third multinational agriculture business, Louis Dreyfus Company, said Monday it would stop grain export operations from Russia at the start of the new...
Trade sources have expressed mixed views over the news that two major international players would be withdrawing from...
European seeds producer KWS reported upbeat results for the first half of fiscal year 2022-2023, with growth in sales and earnings.
Vitol, one of the world’s biggest independent oil trading houses, is set to return to trading agricultural markets after a six-year...
US-headquartered agricultural commodities trader Bunge is to buy a 49% stake in French grain exporter BZ Group as part of a...
US-based agricultural commodities trader Bunge Limited reported Wednesday lower year-on-year third quarter profits but is raising its full-year profit outlook...
Policy News
Russia has raised its wheat export duty for September 18-24, after cutting it last week, and reduced its corn export duty, the country's agriculture ministry said in an official update on Friday September 13.
Fastmarkets commits to publishing on a daily basis the bids, offers, indicative levels or other cash trading indications on any basis and geography that relates to any of the vital markets that have strong ties with Ukraine.
The Ukrainian government has adopted a minimum export price policy resolution, but the policy may only come into force a few months later, Taras Vysotsky, Ukraine’s acting agrarian policy and food minister said during a weekly Trend and Hedge club meeting late on Wednesday August 21.
The Russian government has changed its tax calculation formula on wheat exports, bringing it down significantly for the July 3-9 period, the country's Ministry of Agriculture said on Friday June 28.
The Russian government has increased the wheat export tax, leaving the corn and barley tariff at zero for June 12-18 period, the country's Ministry of Agriculture reported on its website on Friday June 7.
The Russian government has allocated another 262,000 tonnes of its grain export quota, along with a plan to revise up the basis price for the wheat export duty...
With the war in Ukraine ongoing, the government has started to implement measures to bring more people into the army, with a new law implemented from May 18 that all enlisted men are obligated to renew their data in the defense ministry system...
The Russian government has cut its existing grain export quotas for a number of exporters, including the second largest exporter trading house Rif, according to an official document from the agriculture ministry released on Monday May 6.