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India imported 1.19 million tonnes of edible vegetable oils in December, down by 25.4% or 404,639 tonnes from November, the lowest level in three months, according to data released by the Solvent Extractors Association of India (SEA) on Tuesday January 14.
Japan's agriculture ministry has issued an international tender to buy 132,888 tonnes of US, Canadian and Australian wheat, according to an official note published by the ministry on Tuesday January 14.
China’s soybean crush volume in the week to Friday January 10 rose from the previous week to 1.93 million tonnes, according to figures from the China National Grains and Oils Information Centre (CNGOIC).
Malaysia’s crude palm oil (CPO) production in 2025 is expected to reach 19.5 million tonnes, a 0.8% increase from 2024’s 19.34 million tonnes, a senior official at the Malaysian Palm Oil Board (MPOB) said at an industry event on Tuesday January 14.
Speculators in the US corn markets trimmed short positions while adding longs in the week to Tuesday January 7, which sent the net long climbing to the highest level since November 2022, data from the Commodity Futures Trading Commission (CFTC) showed late on Monday January 13.
Brazilian corn exports amounted to 1.32 million tonnes in the first two weeks of January, while 226,538 tonnes of soybean were shipped in the same period, customs weekly data showed on Monday January 13.
Taiwan’s Major Feedmill Group (MFIG) has issued an international tender to purchase as much as 65,000 tonnes of animal feed corn, trade sources told Fastmarkets on Monday January 13.
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.
Export inspections of US corn rose by 64% to 1.44 million tonnes in the week ending January 9, compared with 877,214 tonnes in the previous week, according to US Department of Agriculture data published on Monday January 13.
Export inspections of US soybeans were up by 4% to 1.35 million tonnes in the week ended Thursday January 9 from the 1.30 million tonnes recorded a week earlier, data from the US Department of Agriculture (USDA) showed on Monday January 13.
Export inspections of US wheat decreased by 30% to 288,895 tonnes during the week to Thursday January 9, down from 412,342 tonnes in the previous week, according to data from the USDA released on Monday January 13.
Australian wheat exporters shipped 583,593 tonnes in November, according to monthly data released on Monday January 13, by the Australian Bureau of Statistics (ABS).
China’s total soybean imports reached a record 105 million tonnes in 2024, 6.5%, or 6.42 million tonnes higher than the 98.6 million tonnes reached in 2023, according to data released by the country’s General Administration of Customs (GACC) on Monday January 13.
Fastmarkets’ weekly recap of the main movements in global cash markets.
An EU effort to impose new rules on deforestation may be forcing a change in the way palm oil and palm products trade in Rotterdam, Europe’s primary production and logistic hubs, trade sources told Fastmarkets on Friday January 10.
The USDA’s December quarterly stocks outlook update, released on Friday January 10, delivered tighter-than-expected corn and soybean reserves in the US, while wheat stocks were slightly higher than projected by market participants.
US corn yields were at a record high in 2024 despite a decline in production, while soybean output increased on expanded acreage, according to the USDA’s annual crop production summary report released on Friday January 10.
The annual Winter Wheat and Canola Seedings report released on Friday January 10, along with a big batch of other USDA reports, put planted area for the 2025 US winter wheat crop at 34.1 million acres, up by 2% from 2024 and exceeding projections.
Soybean and soymeal futures rallied, while soyoil prices rose only marginally, after the USDA published the January edition of its World Agricultural Supply and Demand Estimates (WASDE) report on Friday January 10 showing lower-than-expected figures for soybean output and ending stocks in 2024/25.
The US Department of Agriculture has cut its forecast for US ending stocks, production and yield in 2024/25 below market estimates while keeping the forecast for Brazilian soybean output unchanged in its World Agricultural Supply and Demand Estimates (WASDE) report released on Friday January 10.