Latest News
France’s 2024 grain corn harvest is forecast to reach 13.9 million tonnes, representing a 10% increase compared to last year, according to the corn growers' association AGPM.
Nearly 100,000 tonnes of milling wheat was exported from Rouen in the week to Wednesday November 27, according to data released by French port operator Haropa.
The Ukrainian corn harvest progressed by 1 percentage point to 93% of the total planned area in the week to Thursday November 28, with 24.2 million tonnes brought in from the fields, according to the latest data from the Ministry of Agrarian Policy and Food.
Ukrainian weekly sunflower oil and sunflower meal exports increased during the week to November 27, while soybean and rapeseed exports declined, according to the Ministry of Agrarian Policy data released on Thursday November 28.
The majority of Asian vegoils futures continued to edge upward on Wednesday November 27 while European cash prices continued to drop and Chicago soyoil futures plummeted on technical selling, Fastmarkets heard.
Sales of both old and new Argentine soybean, corn and wheat crop decreased during the week to Wednesday November 20, according to data released by Argentina’s agriculture secretariat on Wednesday November 27.
Soybean futures edged higher in a volatile session on the Chicago Mercantile Exchange on Wednesday November 27, amid a weakness in the US dollar and with support from higher soymeal prices, while a sharp decline in soyoil limited the gains.
Dry bulk freight rates for Panamax vessels in the Atlantic Ocean fell to new lows in the week to Wednesday November 27, with slow exports still not absorbing tonnage and weighing on rates.
US corn futures traded sideways on Wednesday November 27 ahead of the long Thanksgiving weekend. The Chicago Mercantile Exchange (CME) will be closed on Thursday November 28 and will reopen on Friday November 29.
US wheat futures declined on Wednesday November 27 as traders squared positions ahead of the country's Thanksgiving holiday, while European prices declined on competition from Black Sea producers.
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.
South Africa’s Crop Estimates Committee (CEC) has confirmed its final corn production estimate for the 2024 summer crop season in a report released on Wednesday November 27.
Euronext's commitment of traders report in the week to November 22 showed investors cutting their short positions in wheat futures, however the contract remains firmly net-short.
Taiwanese feed importer MFIG has picked up 65,000 tonnes of US-origin corn in a tender that closed on Tuesday November 26, sources told Fastmarkets.
The Turkish government is to further reduce import duties on sunflower seeds from the start of 2025 to bolster support local farmers, according to an announcement in the Official Gazette of the Republic of Turkey.
The German 12.5% FOB wheat APM for January loading was assessed at an €13 per tonne premium over the March Euronext contract...
US weekly ethanol production increased by 9,000 barrels per day to 1.119 million bpd in the week to November 22, according to data published by the US Energy Information Administration (EIA) on Wednesday November 27.
Tunisia’s state grain importer has awarded a total of eight cargoes in its latest tender for delivery between December and January, according to documents seen by Fastmarkets on Wednesday November 27.
The soybean CFR China (Brazil) basis assessment for January shipment was assessed...
Algeria’s state-backed grain importing agency OAIC has purchased up to 150,000 tonnes of milling wheat for January-March delivery, according to market participants.