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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.
Two South Korean flour millers have purchased a total of 86,800 tonnes of US-origin milling wheat of various grades in a tender that closed on Thursday December 19, sources told Fastmarkets.
China’s inventories of major vegetable oils – soybean, palm and rapeseed – saw a collective increase to 1.92 million tonnes in the week to Friday December 13, 10,000 tonnes week on week, with a rise in palm and rapeseed oil inventories outweighed the drop in soybean oil stocks, according to figures from the China National Grain and Oils Information Center (CNGOIC).
South Korean feed importer Nonghyup Feed Inc (NOFI) has issued a buy tender for up to 138,000 tonnes of corn for arrival in March, sources told Fastmarkets on Thursday December 19.
Sales of both old and new Argentine soybean crops increased during the week to December 11, while corn and wheat diverged between market years, according to data released by Argentina’s agriculture secretariat on Wednesday December 18.
Dry bulk freight rates for Panamax vessels in the Atlantic Ocean fell in the week to Wednesday December 18, with slow exports continuing to weigh on rates.
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.
France's state-backed farm agency FranceAgriMer has further reduced its forecast for total wheat exports from the country to 9.76 million tonnes from the previous forecast of 9.89 million tonnes, down by 41.3% from the 16.6 million tonnes exported in the 2023/24 marketing year.
US weekly ethanol production increased by 25,000 barrels per day to 1.103 million bpd in the week to Friday December 13, according to data published by the US Energy Information Administration (EIA) on Wednesday December 18.
The US Department of Agriculture’s attaché in Brazil bolstered its estimate for the country’s corn output in the 2024/25 marketing year as yields improve following the El Niño weather phenomenon, which severely impacted the 2023/24 crop.
Jordan’s state grain importer has booked 60,000 tonnes of feed barley for shipment in the second half of February, sources told Fastmarkets on Wednesday December 18.
China imported an estimated 70,000 tonnes of wheat in November, according to data from the country’s General Administration of Customs (GACC) released on Wednesday December 18.
Tunisia's state grain importer has issued an international tender to buy 100,000 tonnes of both milling and durum wheat for shipment between January and February, according to a document seen by Fastmarkets on Wednesday December 18.
Indonesia’s palm oil exports fell by 10% to 2.01 million tonnes in November after hitting a four-month high of 2.23 million tonnes in October, with buying subsiding after the Diwali holiday, according to cargo surveyor Intertek Testing Services (ITS).
The Rotterdam delivered palm and coconut oil markets continued to show only limited activity on Tuesday December 17, with a heavy bias toward selling — although there was very little movement in evidence across crude coconut oil (CCNO) and crude palm kernel oil (CPKO).
Brazilian grain exporters association Anec increased its estimates for December soymeal, corn, soybeans and wheat in its weekly report on Tuesday December 17.