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Managed money investors in the US soybean and corn contracts, as well as one of three wheat contracts, slightly increased their net short positions in the week to Tuesday April 9...
Brazil’s soybean 2023-2024 crop estimate increased to 151.2 million tonnes, while corn estimates rose to 126.1 million tonnes...
Crude palm oil (CPO) futures resumed trading after a two-day break and finished the week in negative territory, tracking losses in the wider vegoil market.
Soybean futures prices on the Chicago Mercantile Exchange (CME) rebounded on Friday April 12 after four consecutive sessions of losses, with support from crude oil and soymeal gains.
US and European wheat futures edged higher on Friday April 12 with market participants focused on the increase in tensions between Russia and Ukraine while shrugging off Thursday April 11’s US Department of Agriculture report.
US corn futures moved higher on Friday April 12 amid concerns regarding lower South American corn production estimates, with gains limited by a stronger US dollar.
Argentina is on track to get the required certifications to export soybean products to the EU and the US by as early as 2025, Gustavo Idígoras, president of Argentine oil industry chamber Ciara-CEC, said during a webinar on Friday April 12.
Argentina is expected to return to historical soybean crush levels of around 36 million tonnes in the 2023-2024 crop year, leaving behind “one of the worst agricultural campaigns” in its history...
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The German 12.5% FOB wheat APM basis assessment for May loading was assessed unchanged at a €12 per tonne premium to the May Euronext wheat contract...
The soybean CFR China (Brazil) basis assessment for May loading was assessed 1 cent higher...
The Rosario Grains Exchange (BCR) reduced its projection for Argentina’s corn output to 50.5 million tonnes from 57 million tonnes due to widespread diseases associated with leafhoppers, a report showed late on Thursday April 11.
China’s soybean imports in March inched up by 8% from February to 5.54 million tonnes, according to preliminary figures from the country’s General Administration of Customs (GACC)...
The Russian government has lowered export duties on barley and wheat, while the tax on corn has been reduced to zero for the week of April 17-23...
Prices for Ukrainian sunflower crushers have jumped 9% since early April to a yearly high, with competition between crushers intensifying...
South Korean feed importer Major Feedmill Group (MFG) concluded its international corn buy tender on Thursday April 11 without purchasing any cargoes...
Ukraine’s weekly grain volumes declared for export totaled 1.6 million tonnes in the week to Friday April 12...
Canada's grain and oilseed exports increased by 35% to 942,500 tonnes in the week to Sunday April 7, with rising rapeseed, wheat and barley flows...
French soft wheat growing conditions deteriorated by another percentage point in the week to Monday April 8, while planting of the corn crop is finally underway...