Search
Investors in the US agricultural sector slashed short positions in all major markets, reducing their net short positions in the week to Tuesday April 23, data from the Commodity Futures Trading Commission (CFTC) showed late on Friday April 26.
Argentina is on track to regain its position as the largest soymeal exporter in 2023-2024, with its soybean crop — which has nearly doubled in size — starting to be harvested, but the country faces increasing competition from Brazil and the US for global market share, Fastmarkets understands.
Crude palm oil (CPO) futures closed the week in positive territory on pre-weekend positioning and support from slightly firmer rival oils on Friday April 26.
Soybean futures ended the week in negative territory on the Chicago Mercantile Exchange (CME) on Friday April 26 due to lower soymeal prices and a higher US dollar.
US wheat futures climbed to the highest levels since December on Friday April 26, with market participants still concerned that dry weather in growing areas in both the US and Russia could impact crop yields.
US corn futures edged higher for the second day in a row on Friday April 26, gaining strength from the rally in the wheat market and on speculation that demand for the country’s exports will remain robust in the weeks ahead.
Bidding ideas for the new crop of Russian milling wheat appeared in the market for July-August shipment, with indicated levels the same as or even higher than was heard for old crop May-June...
Fastmarkets' weekly recap of the main movements in global cash markets for April 22-26.
Fastmarkets Agricensus commits to publishing on a daily basis the bids, offers, indicative levels or other cash trading indications...
The German 12.5% FOB wheat APM basis assessment for June loading was assessed unchanged at a €2.50 per tonne premium to the September Euronext wheat contract...
The soybean CFR China (Brazil) basis assessment for June loading was assessed unchanged...
The soybean harvest in Argentina’s core agricultural zone is the most overdue in the past 8 years, while the wheat sowed area could fall by 5% from the previous crop year...
The European Commission’s forecast for usable production of rapeseed was revised slightly downward to 19.41 million tonnes in 2024-2025...
Current price ideas for Russian wheat are still in the range which was initially set for 2024-25 production in December 2023, despite talk of the dry weather affecting parts of...
Russia’s wheat exports from Black Sea ports were broadly stable during the week to Thursday April 25, compared with the previous week, at 903,879 tonnes...
Grain volumes declared for export out of Ukraine totaled 1 million tonnes in the week to Friday April 26...
Russia’s second-largest exporter of grains, trading house Rif, has changed its name, according to documents published on the company’s website on Friday April 26.
The European Commission has lowered its forecast for usable soft wheat production in the 2024/25 marketing year by 565,700 tonnes to 120.18 million tonnes...
China’s weekly soyoil stocks as of Friday April 19 were down by 10,000 tonnes from the previous week to 760,000 tonnes...
French soft wheat growing conditions deteriorated slightly in the week to Monday April 22 2024, while planting of the spring barley crop was finished...