Latest News

7 Nov 2024 | Masha Belikova
South Korean feed importer Nonghyup Feed Inc (NOFI) has picked up a corn cargo for February 1, 2025, arrival in a tender that closed on Thursday November 7, while rival Feed Leaders Committee (FLC) booked a feed wheat cargo privately for February 20, 2025, arrival, sources told Fastmarkets.
7 Nov 2024 | Regina Koh
South Korean feed importer Nonghyup Feed Inc (NOFI) concluded its feed wheat tender on Thursday November 7, purchasing around 63,000 tonnes of the grain, sources told Fastmarkets.
7 Nov 2024 | Regina Koh
South Korean feed importer Nonghyup Feed Inc (NOFI) has issued buy tenders for around 60,000 tonnes of January-arrival feed wheat and 138,000 tonnes of February-arrival corn, sources told Fastmarkets on Thursday November 7.
6 Nov 2024
Crude palm oil (CPO) futures surged on Wednesday November 6 ahead of a key industry event in anticipation of speakers calling for a tight supply and demand balance outlook, while in Chicago soyoil futures also rose sharply after the results of the US presidential election.
6 Nov 2024
Soybean futures were mostly lower in a volatile session on the Chicago Mercantile Exchange on Wednesday November 6 after Republican candidate Donald Trump won the US presidential election. Prices dropped sharply earlier in the session amid prospects of US trade tariffs and potential renewed tensions with China, but the uptick in soyoil offset the downward pressure.
6 Nov 2024 | Mark Shenk
The USDA’s influential World Agricultural Supply and Demand Estimates (WASDE) report for November is projected to slightly trim estimates for both domestic and global 2024/25 crop ending stocks, according to analysts polled by Fastmarkets.
6 Nov 2024
US wheat futures were mixed on Wednesday November 6, with market participants weighing the impact of President-elect Donald Trump’s reelection on commodity markets.
6 Nov 2024
US corn futures moved higher on Wednesday November 6, despite initial weakness earlier in the day, on good global demand and higher weekly corn consumption reported by the USDA, with gains capped by market uncertainty following the US election.
6 Nov 2024 | Marcela Caetano
The USDA is expected to reduce its US soybean production and yield estimates for the 2024/25 crop year and cut its forecast for both global and US ending stocks in its World Agricultural Supply and Demand Estimates (WASDE) report to be published on November 8, a Fastmarkets poll of eight traders and analysts showed on Wednesday November 6.
Dry bulk freight rates for Panamax vessels in the Atlantic fell further in the week to Wednesday November 6, as high tonnage availability and slow exports still weighed on rates.
6 Nov 2024 | Jocelyn Garcia
Market participants polled by Fastmarkets ahead of the USDA’s November World Agricultural Supply and Demand Estimates (WASDE) report update on Friday November 8 project that the agency will adjust new crop 2024/25 production figures higher, while revising ending stocks estimates lower.
6 Nov 2024 | Fastmarkets team
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.
6 Nov 2024 | Sam Balf
Algerian local banks are understood to have begun the process of blocking all payments to French companies for goods supplied to Algeria, traders told Fastmarkets on Wednesday November 6.
6 Nov 2024 | Jocelyn Garcia
US weekly ethanol production increased by 23,000 barrels per day to 1.105 million bpd in the week to November 1, according to data published by the US Energy Information Administration (EIA) on Wednesday November 6.
6 Nov 2024
The German 12.5% FOB wheat APM for December loading was assessed at an €15 per tonne premium over the December Euronext contract...
6 Nov 2024
The soybean CFR China (Brazil) basis assessment for December shipment was assessed...
6 Nov 2024 | Yana Sukharska
The Russian corn harvest progressed by 10 percentage points to 82% of the total planned area in the week ended Tuesday November 5, with current corn yields remaining below the five-year average, according to data seen by Fastmarkets on Wednesday November 6.
6 Nov 2024 | Yana Sukharska
The winter grain sowing campaign in Ukraine advanced by 5 percentage points to 95% complete in the week ended Monday November 4, with 4.9 million hectares planted out of the 5.18 million ha planned for 2025/26, the country’s Ministry of Agrarian Policy has said.
6 Nov 2024 | Min Jie Yaw
Freight rates for vessels carrying palm oil cargoes within Asia were steady in the week to Wednesday November 6, on still lackluster sentiment due to limited inquiries and concerns caused by typhoons in Northeast Asia the past week, sources told Fastmarkets.
6 Nov 2024 | Regina Koh
South Korean flour milling association Kofmia purchased around 50,000 tonnes of US-origin milling wheat of various grades in a tender concluded on Wednesday November 6, sources told Fastmarkets.
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