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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.
Ukrainian corn harvesting has officially started, while sunflower and soybean harvesting is underway amid continued dry weather conditions, according to data from the country’s Ministry of Agrarian Policy and Food released on Thursday August 29.
Chinese soyoil inventories were estimated at 1.11 million tonnes in the week ended August 23, 20,000 tonnes lower than a week earlier, according to figures from the China National Grain and Oils Information Center (CNGOIC) published on Thursday August 29.
News that the Indonesian government is planning to adjust export levies for palm oil waste products, such as palm oil mill effluent (POME) and palm acid oil (PAO), has brought to the fore ongoing discussions on stricter controls being mulled on product exports that can play a significant part in biofuel production.
US soybean oil exports and sales for the 2023/24 marketing year decreased in the week ended August 22, figures from the USDA showed on Thursday August 29.
US weekly net sales of wheat for the 2024/25 crop year totaled 532,100 tonnes during the week to August 22, up by 8% from the previous week and by 53% from the prior four-week average, the US Department of Agriculture said on Thursday August 29.
Rouen milling wheat exporters loaded just a few cargoes in the week to Wednesday August 28 for a total of 65,505 tonnes, according to data released by port operator Haropa.
US net sales of corn totaled 15,300 tonnes for the 2023/24 crop year during the week to August 22, a new marketing-year low, data released by the USDA showed on Thursday August 29.
Ukrainian weekly exports of rapeseed increased by 23% week on week in the week to August 28, while exports of sunflower oil decreased over the period, amid a seasonal suspension of activity, official data published on Thursday August 29 shows.
A correction has been issued for this report.
Traders in agricultural derivative instruments will have access to a raft of new “spread” futures contracts that could unlock new trading opportunities as two of the world’s biggest exchanges announced new products on Wednesday August 28.
Soybean sowing in Brazil’s 2024/25 marketing year will be delayed because of a longer wait for regular volumes of rain, which could reduce the ideal window for the sowing period of the second corn crop, weather and grain analysts said on Wednesday August 28 during the Datagro Abertura de Safra conference.
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.
Dry bulk freight rates for Panamax vessels in the Atlantic continued to ease in the week to Wednesday August 28 as the market continued to experience excess tonnage availability, with not enough demand to absorb it.
South Africa’s Crop Estimates Committee (CEC) released its seventh production forecast for summer crops in 2024, as well as a first winter production forecast.
Euronext's commitment of traders report in the week to Friday August 23 showed the net-short position in wheat futures continued to rise, after investors continued to grow the size of their total short positions on the exchange.
Canadian farmers are expected to harvest more wheat, canola and oats in 2024 compared with the prior year, while corn and barley output is expected to trail 2023 levels, according to yield model estimates using satellite imagery and agroclimatic data, Statistics Canada (Stat Can) said on Wednesday August 28.
US weekly ethanol production decreased by 27,000 barrels per day to 1.071 million bpd in the week to Friday August 23, according to data published by the US Energy Information Administration (EIA) on Wednesday August 28.
China’s soybean crush volume in the week ended August 23 was up by 30,000 tonnes compared with the previous week, to 2.05 million tonnes, according to figures released by the China National Grain & Oils Information Center (CNGOIC) on Wednesday August 28.
Chinese authorities conducted an imported soybean auction on Wednesday August 28, with 79,462 tonnes sold out of the 411,813 tonnes offered, sources have told Fastmarkets.