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Brazilian soybean output is expected to reach 172.4 million tonnes in 2024/25, up from the previous 172.2 million tonnes forecast, while the Brazilian soybean exports forecast rose to 105.1 million tonnes in 2025, from the previous estimate of 103.4 million tonnes, local consultancy Agroconsult said on Thursday January 16.

Sales of soybean old crop and corn new crop surged during the week to January 8, according to data released by Argentina’s agriculture secretariat on Wednesday January 15.

The Argentine Oilseed Crushers Union (SOEA) decided to maintain a strike at Argentina’s soybean crusher Vicentin started on Saturday January 11, as workers demanded the payment of the agreed-upon bonus and rejected an agreement offer. Workers from the biodiesel company Explora joined the strike because they also did not receive the annual bonus.

Soybean futures fell on the Chicago Mercantile Exchange on Thursday January 16 because of profit-taking, weather effects in South America, and lower derived products and external markets.

Argentina has completed its wheat harvest, reaching a total production of 18.6 million tonnes, with a national average yield of 3,040 kg per hectare, according to a Buenos Aires Grains Exchange (BAGE) report released on Thursday January 16.

The German 12.5% FOB wheat APM for March loading was assessed at a €11 per tonne premium over the March Euronext contract...

The soybean CFR China (Brazil) basis assessment for March shipment was assessed...

Chicago wheat futures declined for the first time in four days on Thursday January 16 amid a light news flow, while market participants said that any winter kill for the country’s winter wheat crop early next week could be minimal. Meanwhile, European futures dropped for a third day.

Vegoils futures and cash prices fell sharply across markets and regions on Thursday January 16 amid downward pressure from profit-taking and plummeting crude prices.

After a long period of an almost dead market, with all import restrictions still taking place, in mid-January demand for higher-protein wheat from Russia has reappeared from the Turkish side, sources told Fastmarkets.

US corn futures eased on Thursday January 16, despite strong export sales, improving weather and unchanged drought conditions.

Thailand’s Feed Millers’ Association (TFMA) has reportedly booked up to 180,000 tonnes of feed wheat for May-July shipment in its latest tender, which closed on Wednesday January 15, according to the sources.

Fastmarkets commits to publishing daily the bids, offers, indicative levels, or other cash trading indications on any basis and geography related to any vital markets with strong ties with Ukraine.

The International Grains Council (IGC) has lowered its world grain production forecast by 7 million tonnes to 2.305 billion tonnes for the 2024/25 marketing year, according to the council’s latest monthly report.

Showers are forecast for Argentina in the week beginning Thursday January 16, but volumes should be limited and unevenly distributed, raising pressing concerns for soybean and corn fields in key development stages.

US net soybean meal exports rose in the week to January 9, while domestic sales edged downward to a 2024/25 marketing-year low that fell below analysts’ expectations, data from the US Department of Agriculture (USDA) showed on Thursday January 16.

US weekly corn net sales for the 2024/25 crop year reached 1,024,200 tonnes during the week ended January 9, 2025, a substantial increase from the previous week and in line with the prior four-week average, according to data released by the USDA on Thursday January 16.

Net sales of US soybean rose to 569,100 tonnes during the week to January 9, up by 97% from 288,700 tonnes a week earlier, but 27% lower than the previous four-week average, and within market estimates, US Department of Agriculture (USDA) data showed on Thursday January 16.

Ukrainian weekly sunflower oil exports fell in the week ending Wednesday January 15, while soybean, rapeseed and sunflower meal export orders increased, official data from the Ministry of Agrarian Policy showed on Thursday January 16.

US weekly wheat net sales for the 2024/25 crop year surged to 513,400 tonnes during the week ending Thursday January 9, 2025, a significant rebound from the previous week and 55% above the prior four-week average, according to the USDA’s latest report released on Thursday January 16.