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23 Jan 2025 | Marcela Caetano
Buenos Aires Grains Exchange (BAGE) has cut its estimates for Argentina’s soybean and corn output in 2024/25 due to the dryness in important producing areas of the country.
23 Jan 2025 | Mark Shenk
The USDA’s local attaché in South Africa reduced its projection of the country’s 2024/25 corn harvest on Wednesday January 22 due to a decline in the expected production area, which will lead to a reduction in exports.
Higher corn prices are leading Asia-based importers to switch to buying feed wheat, as the narrowing price differential between the two grains encourages end users to substitute their buying.
23 Jan 2025
The cold front expected to arrive in the US on Thursday January 23 will bring frigid temperatures to the Plains and Midwest through Wednesday January 29. Thin snow cover in some areas raises concerns that winter wheat could be exposed to damaging cold.
23 Jan 2025 | Jocelyn Garcia
US weekly ethanol production increased by 4,000 barrels per day to 1.099 million bpd in the week to Friday January 17, according to data published by the US Energy Information Administration (EIA) on Thursday January 23.
23 Jan 2025 | Fastmarkets team
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.
23 Jan 2025 | Marcela Caetano
Argentina’s wheat output totaled 18.6 million tonnes in 2024/25, up by 23.2% from the previous crop year’s 15.1 million tonnes and 8.8% above the average for the past five years, on the back of a higher area and yield, Buenos Aires Grains Exchange (BAGE) said in its final 2024/25 crop report released on Wednesday January 22.
23 Jan 2025 | Sam Balf
Just 11,400 tonnes of milling wheat were exported from Rouen in the week to Wednesday January 22, according to data released by French port operator Haropa on Thursday January 23.
23 Jan 2025 | Anna Platonova
Ukrainian exports of oilseeds and their processed products slowed down in the week to Wednesday January 22 due to the seasonality of soybeans and rapeseed, the shutdown of several processing plants, and a reduction in the supply of finished products (sunflower oil and meal), official data from the country’s Ministry of Agrarian Policy showed on Thursday January 23.
22 Jan 2025 | Marcela Caetano
China’s General Administration of Customs (GACC) has suspended shipments from five individual units at five Brazilian soybean exporters due to the identification of non-conformities in cargoes, the Brazilian Ministry of Agriculture said on Wednesday January 22.
22 Jan 2025
Dry bulk freight rates for Panamax vessels in the Atlantic Ocean eased again in the week to Wednesday January 22, while a long tonnage list and sluggish exports continued to weigh on costs.
22 Jan 2025 | Fastmarkets team
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.
22 Jan 2025 | Sam Balf
Euronext's commitment of traders report in the week to Friday January 17 showed an increase in bearish sentiment in wheat futures on the exchange, as the net-short position grew wider over the week.
22 Jan 2025 | Anna Platonova
EU oilseed crushing volumes rose by an average of 5.26% month on month in December, bringing the total crushing volume for the 2024 calendar year to 39.24 million tonnes, up 3.15% or 1.2 million tonnes of oilseeds year on year, according to data released by the EU association for vegetable oils and protein meals (FEDIOL) on Wednesday January 22.
22 Jan 2025 | Devora Nedyalkova
Jordan’s state grain importer has booked two 50,000-tonne consignments of barley for shipment in the second half of May, trade sources told Fastmarkets on Wednesday January 22.
22 Jan 2025 | Regina Koh
South Korean feed importer Nonghyup Feed Inc (NOFI) has purchased up to 136,000 tonnes of corn and 65,000 tonnes of feed wheat for arrival in April and June via tenders that closed on Wednesday January 22, sources told Fastmarkets.
22 Jan 2025 | Min Jie Yaw
Freight sentiment for vessels carrying palm oil cargoes within Asia remained tepid in the week to Wednesday January 22 on still soft export demand, sources told Fastmarkets.
22 Jan 2025 | Jenny Ma
China’s combined stocks of its major vegetable oils soybean oil, palm oil and rapeseed oil dropped in the week to Friday January 17, with an increase in rapeseed oil stocks outweighing a drop in palm oil volume while soybean oil stocks stayed flat, according to data from the China National Grain and Oils Information Centre (CNGOIC).
21 Jan 2025 | Leticia Pakulski
The Brazilian Association of Vegetable Oil Industries (Abiove) increased by 1.8% its forecast for Brazil’s soybean production in the 2024/25 crop year to 171.7 million tonnes, with consequent increments in its exports and crushing estimates for 2025, Abiove’s monthly report showed on Tuesday January 21.
21 Jan 2025 | Marcela Caetano
Brazilian grain exporters’ association Anec increased its estimate for Brazilian corn, soybean and wheat exports in January its weekly report published on Tuesday January 21.
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