Corn
Market News
The pace of the US corn and soybean harvests exceeded the five-year average and the expectations of market analysts in the week ended October 20, the USDA’s weekly crop report showed on Monday October 21.
Brazilian corn exports reached 3.9 million tonnes in the first three weeks of October, while soybean shipments reached 2.9 million tonnes, customs data showed on Monday October 21.
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.
Export inspections of US corn were up by 97% to 999,811 tonnes during the week to October 17 from 506,616 tonnes in the previous week, according to US Department of Agriculture data released on Monday October 21.
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.
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.
Investors in the US corn and soybean markets added short positions in the week to Tuesday October 15, helping increase net short positions, data from the Commodity Futures Trading Commission (CFTC) showed late on Friday October 18.
Fastmarkets’ weekly recap of the main movements in global cash markets.
Corn
Corporate News
Traders in agricultural derivative instruments will have access to a raft of new “spread” futures contracts that could unlock new trading opportunities as two of the world’s biggest exchanges announced new products on Wednesday August 28.
The agricultural giant Archer Daniels Midland (ADM) has seen its share prices tumble after it said it had placed its Chief Financial...
Brazil's grain and oilseeds producer SLC Agricola, one of the country´s largest agricultural companies, has cut its soybean...
Louis Dreyfus Company (LDC)'s net sales for the first half of the year fell by 14.8% to $25.8 billion from $30.3 billion during the same...
Germany-based ethanol producer CropEnergies reported a growth in revenues of almost 40% in...
European seeds producer KWS reported upbeat results for the nine months of the fiscal year...
Net earnings for global agricultural commodities producer and trader Archer-Daniels-Midland Co (ADM) jumped by...
German conglomerate Bayer will continue to invest in Ukraine's agriculture industry and will invest an additional €60 million ($65.7 million)...
Corn
Policy News
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.
A minister in the Indian government has approved the import of as much as 200,000 tonnes of duty-free corn following a meeting with representatives of the poultry sector in the country’s Andhra Pradesh state, trade and media sources reported on Wednesday September 25.
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.
Traders in agricultural derivative instruments will have access to a raft of new “spread” futures contracts that could unlock new trading opportunities as two of the world’s biggest exchanges announced new products on Wednesday August 28.
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 European Commission has confirmed that it has referred Belgium to the European Union’s Court of Justice after “failing to take sufficient action on nitrate pollution in the Flemish region,” according to a statement released on Thursday July 25.
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.