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China’s soybean crush volume in the week ended August 30 was unchanged from the previous week at 2.05 million tonnes, according to figures from the China National Grain & Oils Information Center (CNGOIC) published on Wednesday September 4.

Freight sentiment for routes carrying palm oil in Asia remained lackluster on Wednesday September 4, due to abundant tonnages.

Taiwan’s Flour Milling Association (FMA) booked a total of 101,700 tonnes of US-origin milling wheat in a regular tender, sources told Fastmarkets on Wednesday September 4.

The Thai Feed Mill Association (TFMA) has returned to the market and picked up around 146,000 tonnes of feed wheat for October-November shipment within a tender that closed on Wednesday, September 4, sources told Fastmarkets.

South Korean animal feed producer Nonghyup Feed Inc. (NOFI) has purchased a 65,000 tonnes of optional-origin feed wheat for November 30 arrival in a tender that closed on Wednesday, September 4, sources said.

Chinese state agencies conducted an auction for imported soybeans on Wednesday September 4, with 332,351 tonnes of beans offered for sale though zero sales were concluded, sources told Fastmarkets.

Brazilian soybean exports are expected to reach 5.6 million tonnes in September, up 1.4% versus the 5.5 million tonnes exported in the same period a year earlier, while corn shipments continue to lag in comparison to the previous year's figures, according to the weekly report published by Brazilian grain exporters association Anec on Tuesday September 3.

Sales of Argentine soybeans and corn rose for 2024/25 marketing year but fell for 2023/24 in the week to August 28, while wheat sales rose on both, according to data released by Argentina’s agriculture secretariat on Wednesday September 4.

Wheat harvesting in the Brazilian state of Paraná advanced by 5 percentage points in the week to Monday September 2, reaching 11% of the projected area of 1.15 million hectares, according to state agency Deral’s weekly report released on Tuesday September 3.

US corn and soybean crop ratings were reported at 65% in good-to-excellent condition in the week to Sunday September 1, while winter wheat planting has started, the USDA’s weekly crop progress report showed on Tuesday September 3.

Brazil’s second corn crop (safrinha) harvest reached 99.1% complete out of the 16.3 million hectare projected area in the week to Sunday September 1, a 1.2 percentage point advance and ahead of the 89.2% completion rate in the same period of 2023, national food agency Conab announced on Monday September 2.

US processors crushed 193 million bushels of soybeans in July, up by almost 5% from 184 million bu in June and by 4.3% from 185 million bu in July 2023, the USDA’s Monthly Fats and Oils report showed on Tuesday September 3.

Corn consumed for alcohol and other uses in the US totaled 527 million bushels (13.39 million tonnes) in July 2024, up by 6% from the previous month and by 4% year on year, according to the USDA’s monthly Grain Crushings and Co-Products Production report released on Tuesday September 3.

Market participants have begun to talk about the new option that could be taken regarding Turkey’s ban on wheat imports after the current restriction expires on October 15, Fastmarkets learnt on Tuesday September 3.

Sentiment among US agricultural producers plunged in August, with longer-term and short-term projections sharply lower, the Purdue University/CME Group Ag Economy Barometer survey showed on Tuesday September 3.

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.

China will open a probe to consider anti-dumping measures on imports of Canadian canola (rapeseed), a representative of China’s trade ministry said in a note on Tuesday September 3. The move could have consequences for the global supply-and-demand balance in vegoils.

Export inspections of US soybeans were up by 18.4% to 496,860 tonnes in the week to Thursday August 29 from the 419,563 tonnes recorded a week earlier, data from the USDA showed on Tuesday September 3.

The publication of reports that the Chinese government has asked state-owned importing companies to restrict purchases of barley and sorghum in 2024 could be an attempt to keep import volumes below the levels seen in 2023, and this could also be the case for wheat and corn imports, trade sources told Fastmarkets in the week started Monday September 2.

Export inspections of US wheat rose by 5.2% to 577,944 tonnes during the week to Thursday August 29 from 549,467 tonnes the previous week, according to data from the USDA released on Tuesday September 3.