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The French corn harvest advanced by 13 percentage points in the week to November 11, with 71% of the total planted area now harvested, according to the latest weekly report from the country’s farm office, FranceAgriMer, released on Friday November 15.
The Black Sea region is expected to experience unseasonably warm temperatures during the week beginning Thursday November 14, with highs reaching 25°C. This atypical warmth during late autumn could influence the development of winter wheat and barley crops, potentially affecting their dormancy and growth cycles.
The Ukrainian corn harvest progressed by 7 percentage points to 88.5% of the total planned area in the week ended November 14, with 22.3 million tonnes brought in from the fields as of the latest data, according to the Ministry of Agrarian Policy and Food.
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.
Algerian state feed importer ONAB has issued a new tender for 240,000 tonnes of corn, sources told Fastmarkets on Thursday, November 14.
US weekly ethanol production increased by 8,000 barrels per day to 1.113 million bpd in the week to Friday November 8, according to data published by the US Energy Information Administration (EIA) on Thursday November 14.
Brazilian food agency Conab has increased its estimate for the country's soybean crop in 2024/25 to 166.14 million tonnes and corn output was raised to 119.8 million tonnes, following favorable weather for crop sowing and development, while increasing soybean 2024 export estimates to 98 million tonnes, its monthly report showed on Thursday November 14.
Just 30,000 tonnes of milling wheat were exported from the port of Rouen in the week to Wednesday November 13, according to data released by French port operator Haropa.
Ukraine’s weekly exports of sunflower oil and rapeseed fell in the week ending Wednesday November 13, while exports of sunflower meal and soybeans increased, data from the Ministry of Agrarian Policy showed on Thursday.
South Korean feed importer Major Feedmill Group (MFG) purchased a feed wheat cargo for shipment in February in a private deal on Thursday November 14, trade sources told Fastmarkets.
Chinese state agencies held an auction for imported soybeans on Thursday December 14, where 89,896 tonnes of soybeans were offered but no sales were made, sources have told Fastmarkets.
Concerns have been mounting over a potentially significant reduction in Russia’s grain export quota for the second half of the 2024/25 marketing year, as Russian grain exports continue at an almost record pace while production has dropped, sources told Fastmarkets.
Dry bulk freight rates for Panamax vessels in the Atlantic Ocean hit a 15-month low in the week to Wednesday November 13, with slow exports and growing tonnage weighing on rates.
South Korean buyers remained active in the market, recently buying 65,000 tonnes of wheat and up to 133,000 tonnes of corn privately and via tenders, sources told Fastmarkets on Wednesday November 13.
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.
South Korea’s Major Feedmill Group (MFG) has purchased 60,000 tonnes of soybean meal through a private deal that concluded on Wednesday November 13, trade sources have told Fastmarkets.
Euronext's commitment of traders report for the week to Friday November 8 shows bearish momentum continued in wheat futures as the net-short position widened.
France's state-backed farm agency FranceAgriMer has further reduced its forecast for total wheat exports from France to 9.89 million tonnes from the previous forecast of 10.03 million tonnes, down by 40.5% from the 16.6 million tonnes exported in the 2023-2024 marketing year.
India’s palm oil imports rose to a three-month high in October at 845,681 tonnes – up a whopping 60% compared with September levels, according to figures from industry group Solvent Extractors Association of India (SEA) on Tuesday November 13.
Freight rates for vessels carrying palm oil cargoes within Asia were flat in the week to Wednesday November 13, after charterer sentiment remained lackluster amidst tightened tonnage caused by weather woes especially in Northeast Asia.