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Weather conditions in Brazil and Argentina are expected to bring favorable rain in the week beginning Thursday September 12.
The Ukrainian corn crop harvest advanced by 4 percentage points to 6% complete in the week ended Thursday September 12, out of the 4 million hectares planned for the 2024/25 campaign, according to data from the country’s Ministry of Agrarian Policy and Food, released on Thursday.
The USDA left its estimates for US wheat stocks and production unchanged for the 2024/25 marketing year, while boosting its expectations for global ending stocks in large part due to a big gain in Canadian projections.
As anticipated by analysts ahead of the USDA's September World Agricultural Supply and Demand Estimates (WASDE) report update, lower ending stocks are projected in 2024/25, despite larger US production.
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Unconfirmed reports of private purchases done by Egypt's state buyer have sparked again, with 430,000 tonnes of Russia-origin grain reported booked, sources said on Thursday September 12, some of whom were referring to an article published by Reuters.
US net sales of soybeans for the 2024/25 crop year totaled 1.5 million tonnes in the week ended September 5, within market estimates, data released by the US Department of Agriculture showed on Thursday September 12.
Brazil’s food agency Conab slightly increased its corn crop production forecast to 115.72 million tonnes and estimated the country's grain and oilseeds total production at 298.41 million tonnes in 2023/24 in its last report regarding the crop year, released on Thursday September 12.
South Korean feed importer Major Feedmill Group (MFG) has passed on its corn tender which concluded on Thursday September 12 without making any purchases, sources have told Fastmarkets.
China’s agriculture outlook committee (CAOC) has lowered its estimate for the country’s edible vegetable oil imports in 2023/24 while raising production and consumption forecasts for the same period, according to the latest monthly Chinese Agricultural Supply and Demand Estimates (CASDE) released on Thursday September 12.
US net sales of corn for the 2024/25 crop year totaled 666,500 tonnes during the week to September 5, data released by the USDA showed on Thursday September 12.
US weekly net sales of wheat for the 2024/25 crop year totaled 474,900 tonnes during the week to September 5, up by 40% from the previous week and by 11% from the prior four-week average, the US Department of Agriculture said on Thursday September 12.
Just 41,844 tonnes of milling wheat were exported from the port of Rouen in the week to Wednesday September 11, according to data released by French port operator Haropa.
Soybean oil imports into India rose by 16% in August from the prior month to 454,639 tonnes, marking the highest level since July 2022 when volumes reached 519,566 tonnes, data from industry group Solvent Extractors Association of India (SEA) released on Thursday September 12 shows.
Ukraine’s 2024/25 marketing year started with lower weekly sunflower oil and meal export numbers compared with a year ago, while exports of soybean were noticeably higher, according to data from the country’s State Customs Service released on Thursday September 12.
Soybean oil stocks in China continued to see a gradual decline, with inventories as of Friday September 6 recorded at 1.09 million tonnes, according to data published by the China National Grain and Oil Information Center (CNGOIC) on Thursday September 12.
Sales of Argentine soybeans, corn and wheat for the 2023/24 marketing year fell in the week to September 4, according to data released by Argentina’s agriculture secretariat on Wednesday September 11.
“Biblical” rain in Kazakhstan’s major growing regions has cut wheat and barley production, reducing both quantity and quality, the US Department of Agriculture’s attaché in the country said on Tuesday September 10.
Bulgaria has been forced to look for new suppliers of rapeseed and sunflower because its own crops are lower-yielding and more expensive, and sales by Bulgarian farmers are slow, while imports of Ukrainian oilseeds are hampered by licensing, market sources in the country said.