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Tunisia’s state grain importer, the Office des Céréales (ODC), has purchased 100,000 tonnes of soft wheat and 100,000 tonnes of durum wheat in an international tender that closed on Thursday December 19, market participants told Fastmarkets.
South Africa’s Crop Estimates Committee (CEC) released its fifth production forecast for winter cereals for the 2024 season on Thursday December 19.
Canada’s grain and oilseed exports totaled 1.42 million tonnes during the week to Sunday December 15, an increase of 525,600 tonnes (58%) from 899,100 tonnes the previous week, according to data from the Canadian Grain Commission published on Friday December 20.
The Russian government has cut its export quota for wheat by 400,000 tonnes for the second half of the marketing year – from February 16 to June 30, an official document dated Wednesday December 18 shows.
Chinese state agencies held an auction for imported soybeans from the country’s reserves on Friday December 20, with 44,153 tonnes of soybeans were offered for sale and 28,120 tonnes traded, translating to a clearance rate of 63.7%, sources told Fastmarkets.
South Korean feed importers Major Feedmills Group (MFG) and Korea Feed Association (KFA) secured corn cargoes via private deals late on Thursday December 19.
The approach of Europe’s year end and holiday season left the market largely idle as December moved into the second half of the month, with fewer buying indications evident across crude palm oil (CPO), crude palm kernel oil (CPKO) and crude coconut oil (CCNO).
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.
Dry weather in the US Midwest during the week beginning Thursday December 19 could exacerbate soil moisture deficits and stress winter wheat crops, which are currently in interseason development.
EU oilseed crushing volumes totaled 3.2 million tonnes in November, showing a slight decline of 1.4% from 3.277 million tonnes in October, according to data released by the EU vegetable oil and protein meal association, FEDIOL, on Thursday December 19.
US soymeal sales for 2024/25 were 261,600 tonnes in the week to December 12, up by 48% week on week but down by 14% from the four-week average, according to figures released by the USDA on Thursday December 19.
Three parcels totaling a meagre 35,900 tonnes of milling wheat was all that was exported from Rouen in the week to Wednesday December 18, according to data released by French port operator Haropa.
A correction has been issued for this report.
US weekly corn net sales for the 2024/25 crop year totaled 1,174,600 tonnes in the week ending December 12, a 24% increase from the previous week, but 10% below the prior four-week average, according to the USDA’s latest report released on Thursday December 19.
US soybean net sales rose by 21% to 1.4 million tonnes in the week to Thursday December 12, compared with 1.17 million tonnes the previous week, but 27% lower than the prior four-week average, weekly data from the USDA showed on Thursday December 19.
US weekly net sales of wheat for the 2024/25 crop year totaled 457,900 tonnes during the week to Thursday December 12, up by 58% from the previous week and by 16% from the prior four-week average, the US Department of Agriculture (USDA) said on Thursday December 19.
Ukrainian exports of sunflower oil, rapeseed and soybeans declined during the week to Wednesday December 18, while sunflower meal exports increased, according to data released by Ukraine’s Ministry of Agrarian Policy on Thursday December 19.
South Korean feed importer Nonghyup Feed Inc (NOFI) concluded its tender for feed corn on Thursday December 19, picking up 136,000 tonnes of the grain for arrival in March 2025, sources told Fastmarkets, while Major Feedmills Group (MFG), also secured corn via a private deal.
Thailand’s Feed Millers’ Association (TFMA) has reportedly booked up to 100,000 tonnes of feed wheat for March- April shipment in its latest tender, which closed on Wednesday December 18.
Algeria's state grain importer, the Office Algerien Interprofessionnel des Cereales (OAIC), has concluded an international tender for durum wheat for March-April shipment, according to a reports from market participants.