8 May 2024 | Eduardo Tinti
Global and US soybean ending stocks are expected to bounce back considerably in the 2024/25 marketing year, underpinned by higher production in the US and Brazil, a Fastmarkets poll with seven traders and analysts showed on Wednesday May 8.
8 May 2024 | Sharon Levrez
The Russian government has further reduced the export tax on wheat for the week of May 15-21, while setting the tax on corn and barley at zero...
8 May 2024
No purchases were made in China’s latest auction for imported soybeans, which concluded Wednesday May 8, trade sources told Fastmarkets.
8 May 2024 | Min Jie Yaw
Freight rates for vessels carrying palm oil from Southeast Asia to key destinations in the region increased in the week to Wednesday May 8 from the previous week, driven by healthy demand for palm and limited tonnage.
8 May 2024 | Regina Koh
Taiwanese feed production group MFIG concluded its buy tender for optional-origin corn on Wednesday May 8, purchasing around 65,000 tonnes of the grain from trading house Pan Ocean, market sources told Fastmarkets.
8 May 2024 | Victor Gusmao
The Argentine Oilseed Crushers Union (SOEA) announced late on Tuesday May 7 that the syndicate will call their workers to join a general strike in the country, with the joining of the SOEA scheduled for Thursday May 9, according to a note published by the union.
8 May 2024 | Regina Koh
China’s soybean crush level in the week ended Friday May 3 totaled 1.72 million tonnes, 200,000 tonnes lower from the week prior, figures from the China National Grain and Oil Information Centre (CNGOIC) showed.
8 May 2024 | Leticia Pakulski
Brazil’s soybean harvest advanced by 3.8 percentage points in the week to Sunday May 5th, reaching 94.3% of the 45.2 million hectare projected area, the country’s food agency Conab said late on Monday May 6.
The railroad access to Rio Grande Port, in Brazil’s Rio Grande do Sul, was partially interrupted due to heavy rainfall and flooding affecting the southern state over the past few days...
8 May 2024 | Victor Gusmao
Second corn crop conditions kept worsening in the Brazilian state of Paraná, while wheat sowing was halted in northern areas due to an ongoing drought, data from state agency Deral showed on Tuesday May 7.
Egypt’s General Authority for Supply Commodities (GASC) is expected to issue a tender to buy wheat on Wednesday May 8, looking for two June shipment windows, trade sources told Fastmarkets late on Tuesday May 7.
7 May 2024 | Eduardo Tinti
Second corn crop, safrinha, production estimates at Brazil’s largest agricultural-producing state Mato Grosso were upgraded in May due to favorable yield prospects, the state’s agriculture institute IMEA said in its weekly bulletin late on Monday May 6.
7 May 2024 | Agricensus staff
Fastmarkets commits to publishing on a daily basis the bids, offers, indicative levels or other cash trading indications on any basis and geography that relates to any of the vital markets that have strong ties with Ukraine.
7 May 2024 | Mark Shenk
Sentiment among US agricultural producers tumbled in April, with monitors of both longer-term and short-term conditions sharply lower, CME Group and Purdue University’s Ag Economy Barometer survey showed Tuesday May 7.
7 May 2024 | Jocelyn Garcia
Total stocks of major grains like wheat, corn, and soybeans in Canada were down compared with the same period in 2023, while canola and barley increased in the year to March 31, according to data released by the Canadian Grain Commission on on Tuesday May 7.
7 May 2024 | Masha Belikova
The Russian government has cut its existing grain export quotas for a number of exporters, including the second largest exporter trading house Rif, according to an official document from the agriculture ministry released on Monday May 6.
7 May 2024 | Anna Platonova
Egypt's state-backed import agency, the General Authority for the Supply of Commodities (GASC), has resumed purchasing vegetable oils after more than a month's break and has launched an international tender for the purchase of soybean and sunflower oil, Egyptian sources have told Fastmarkets.
7 May 2024 | Yuriy Sirosh
Japan's agriculture ministry has issued an international tender to buy 114,077 tonnes of US, Canadian and Australian wheat for loading in July-August, an according to an official note published by the ministry on Tuesday, May 7.
6 May 2024 | Mark Shenk
US corn and soybean planting advanced at a slower rate than expected in the week to Sunday April 5, trailing prior year levels, the USDA’s weekly crop progress report showed on Monday May 6.
6 May 2024 | Marcela Caetano
Soybean sales in the domestic market in Argentina totaled 13.6 million tonnes on April 24, 27% of the 50 million tonne projected production for 2023/24, while the average for the first month of the crop year was 34% in the past five years, the Rosario Grain Exchange (BCR) said in a report late on Friday May 3.
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