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5 Jun 2024 | Masha Belikova
Algeria’s state-backed grain importing agency OAIC has purchased at least 840,000 tonnes of optional original wheat for August delivery, paying $279-279.50 per tonne on average, in a tender closed Tuesday June 4, sources told Fastmarkets.
4 Jun 2024 | Tim Worledge
Estimates for Australia’s winter 2024/25 crop output call for a sharp year-on-year increase in output, according to the latest report by state-backed Australian Bureau of Agricultural and Resource Economics and Sciences (ABARES).
4 Jun 2024 | Victor Gusmao
The second corn crop harvest in the Brazilian state of Paraná advanced by 3 percentage points in the week to Monday June 3 to 7% of the sowed area, state agency Deral’s weekly report showed on Tuesday June 4.
Egypt’s state-backed General Authority of Supply Commodities (GASC) has secured 470,000 tonnes of wheat from Ukraine, France, Romania and Bulgaria, after successfully closing a buy tender, trade sources told Fastmarkets on Tuesday June 4.
4 Jun 2024
Crude palm oil (CPO) futures resumed trading on Tuesday June 4 after a national holiday in Malaysia, suffering losses amid pressure from weaker rival oils and energy prices.
4 Jun 2024 | Yana Sukharska
Weekly soybean imports into the EU totaled 226,796 tonnes in the week ended Sunday June 2, according to initial data from the European Commission released on Tuesday June 4.
4 Jun 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.
4 Jun 2024 | Jane Li
China’s soybean planting is progressing faster than in the corresponding period last year due to favorable weather conditions, according to an institution under the country’s Agriculture Department.
4 Jun 2024 | Jocelyn Garcia
Sentiment among US agricultural producers recovered in May, according to Purdue University and CME Group’s Ag Economy Barometer survey released on Tuesday June 4, with the Index of Future Expectations showing the largest improvement.
4 Jun 2024 | Yana Sukharska
Russian spring grain planting progressed another 13.6 percentage points to 88% complete in the week to Tuesday June 4, according to agriculture ministry data. The extent of frost damage in the country is still unclear.
4 Jun 2024 | Sam Balf
The European Union's weekly wheat exports amounted to 218,619 tonnes in the week to June 2, according to initial data from the European Commission released Tuesday June 4.
4 Jun 2024 | Marcela Caetano
Soybean crop losses in Brazil’s Rio Grande do Sul amounted to 2.7 million tonnes due to floods in early May, the state agency Emater/RS said in a report released on Tuesday June 4.
4 Jun 2024 | Anna Platonova
The volume of Ukrainian sunflower oil declared for export in May was the highest since November 2020, according to official data; India and Spain were the main buyers in the month, displacing Turkey and Romania.
4 Jun 2024 | Regina Koh
Major South Korean feed importer Nonghyup Feed Inch (NOFI) concluded its buy tender for optional-origin corn for October arrival, purchasing two cargoes totaling around 133,000 tonnes from South America or South Africa on Tuesday June 4, trade sources have told Fastmarkets.
4 Jun 2024 | Yuriy Sirosh
Japan's Ministry of Agriculture, Forestry and Fisheries (MAFF) has issued an international tender for the purchase of 103,767 tonnes of wheat from the United States, Canada, and Australia for loading in August-September, a note published by the ministry showed on Tuesday June 4.
4 Jun 2024 | Marcela Caetano
Soybean crop loss in Brazil´s Rio Grande do Sul is calculated at an average 1.8 million tonnes, reducing the country´s soybean output projection to 148.4 million tonnes after the state was hit by heavy rains and flooding in early May, local consultancy Céleres said on Monday June 3.
3 Jun 2024 | Mark Shenk
US corn, soybean and spring wheat planting advanced at a slower pace than expected in the week to Sunday June 2, the USDA’s weekly crop progress report showed on Monday June 3.
3 Jun 2024 | Mark Shenk
Egypt’s General Authority for Supply Commodities (GASC) is expected to issue a tender on Tuesday June 4 to buy wheat, looking for two July shipment windows, trade sources told Fastmarkets late on Monday June 3.
With Argentina’s corn exports to China set to begin in July, analysts and market participants project a slow start with minimal immediate effect, but long-term ramifications remain uncertain and could become more significant starting from the next crop.
3 Jun 2024 | Jocelyn Garcia
Corn consumed for alcohol and other uses in the US totaled 466 million bushels (11.84 million tonnes) in April, down by 11% from the previous month and compared with the 468 million bu reported a year earlier, according to the USDA's monthly Grain Crushings and Co-Products Production report released on Monday June 3.
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