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The German 12.5% FOB wheat APM for January loading was assessed at an €11 per tonne premium over the March Euronext contract...
The soybean CFR China (Brazil) basis assessment for January shipment was assessed...
Thailand’s Feed Millers’ Association (TFMA) has purchased 66,000 tonnes feed wheat at $256.30 per tonne CFR Liner Out for March delivery in a tender that closed on Wednesday December 11, trade sources told Fastmarkets.
South Korea’s state-backed Agro-Fisheries & Food Trade Corporation has re-entered the market with international tenders seeking approximately 50,000 tonnes of non-genetically modified (non-GMO) soybeans, trade sources said on Wednesday December 11.
Australian wheat exporters shipped 1.15 million tonnes in October with the new 2024/25 marketing underway, according to monthly data released on Thursday December 5, by the Australian Bureau Statistics.
Jordan’s state grain importer has booked 60,000 tonnes of feed barley for shipment in the second half of January, trade sources told Fastmarkets on Wednesday December 11.
Farmers in Brazil’s largest agricultural-producing state of Mato Grosso sped up the pace of forward sales of soybeans and corn in November, backed by higher prices, good soybean crop conditions and the need to raise funding to lock in input costs for the second corn crop, Mato Grosso’s agriculture state agency IMEA said late on Monday December 9.
Brazilian soybean sowing reached 94.1% of the projected area of 47.3 million hectares in the week ended Sunday December 8, a weekly advance of 4.1 percentage points. This surpassed the 89.9% completion rate from a year earlier, national food agency Conab said in its weekly crop progress report published late on Monday December 9.
Crude palm oil (CPO) futures in Malaysia had an intense sell-off on Tuesday December 10 following a smaller-than-expected decline in Malaysia’s palm oil stocks at the end of November and amid weakness in the wider vegoil complex.
Soybean futures rose on the Chicago Mercantile Exchange on Tuesday December 10, following the release of the monthly USDA World Agricultural Supply and Demand Estimates (WASDE) report. Stronger soymeal and crude oil supported prices in the session.
US and European wheat futures advanced on Tuesday December 10 after the USDA reduced its estimates for US wheat ending stocks for the 2024/25 marketing year, while bolstering export projections and trimming the global production forecast.
Corn markets saw broad gains, with Chicago Mercantile Exchange futures climbing alongside rising Dalian Commodity Exchange (DCE) prices due to a lowered Chinese production forecast, while firmer Ukrainian prices and increased US export demand highlighted robust global activity.
Futures across the soy complex in Chicago reacted mildly to the USDA World Agricultural Supply and Demand Estimates (WASDE) report released late in the session on Tuesday December 10, with little changes to global balance sheets and an anticipated increase in US soyoil export figures.
The US Department of Agriculture has kept its US soybean ending stocks estimate unchanged while increasing its global forecast, the World Agricultural Supply and Demand Estimates (WASDE) report showed on Tuesday December 10.
Sources reported crude palm oil (CPO) trading at $1,385 per tonne CIF Rotterdam for December loading on Tuesday December 10, with further offers heard at $1,450 per tonne CIF, down by $10 per tonne day on day.
The soybean CFR China (Brazil) basis assessment for January shipment was assessed...
The US Department of Agriculture reduced its estimates for US wheat ending stocks for the 2024/25 marketing year, while bolstering export projections and slightly increasing its global stocks forecast.
The German 12.5% FOB wheat APM for January loading was assessed at an €13 per tonne premium over the March Euronext contract...
The USDA's World Agricultural Supply and Demand Estimates (WASDE) report update released on Tuesday December 10 highlights key changes to the US corn outlook, including increased usage (ethanol production as well as food, seed and industrial use), higher exports and reduced ending stocks.
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