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South Korean feed importer Feed Leaders Committee (FLC) has followed other importers and secured 68,000 tonnes of South American corn in a private deal, paying less than the South Korean Feed Association (KFA), sources told Fastmarkets on Tuesday August 27.
South Korean buyers continued their corn-buying spree, with the Busan unit of the Korean Feed Association (KFA) purchasing 68,000 tonnes of corn via a private deal late on Tuesday August 27, sources told Fastmarkets.
Algeria’s state-backed grain importing agency has issued an international tender for a nominal 120,000 tonnes of corn and 35,000 tonnes of barley, trade sources told Fastmarkets on Tuesday August 27
Yield forecasts for almost all crops have been revised down and are now mostly below the five-year average in the EU’s latest Monitoring Agricultural Resources (MARS) report, published on Monday, August 26.
South Korean Feed Association (KFA) has picked up 66,000 tonnes of South American corn for November 30 arrival from ADM in its tender closed which closed on August 27, sources told Fastmarkets.
South Korean Feed Association (KFA) has opened an official tender looking for 60,000-68,000 tonnes of South American corn for November 30 arrival, sources told Fastmarkets on Tuesday August 27.
Brazilian soybean and corn exports slowed year on year, with neither expected to beat previous numbers according to ANEC, customs data showed on Monday August 26.
US corn, soybean crop and spring wheat crop conditions declined in the week to Sunday August 25, the USDA’s weekly crop progress report showed on Monday August 26.
Across Canada’s top crop-growing regions, the province of Saskatchewan leads the way in harvest progress as of the past week, as reported in provincial reports collated by Fastmarkets.
US corn futures trended lower on Monday August 26 on a higher year-on-year Pro Farmer crop tour production projection and lower weekly export inspections.
Export inspections of US corn were down 26% to 894,295 tonnes during the week to Thursday August 22, within market estimates, according to USDA data released on Monday August 26.
Fastmarkets will not publish any price assessments for wheat, barley, corn, vegoils and meals for Europe, Ukraine and Russia, nor Black Sea sunflower, on Monday August 26 due to holidays in Ukraine and the United Kingdom.
Managed money investors in the US soybean and corn contracts trimmed long positions in the week to Tuesday August 20, helping bolster net short positions, data from the Commodity Futures Trading Commission (CFTC) showed late on Friday August 23.
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.
Fastmarkets’ weekly recap of the main movements in global cash markets.
US corn futures moved lower on Friday August 23 following the release one day earlier of results from the Pro Farmer Crop Tour that showed a record-high corn crop and a heavily podded soybean crop in Iowa — the country's largest producer of corn.
Ukraine’s grain exports rose by 5% week on week to 854,000 tonnes in the week to August 22, according to data from the country’s State Customs Service released on Friday August 23.
The fourth and final day of the Pro Farmer Crop Tour, on Thursday August 22, revealed a record-high corn crop and a heavily podded soybean crop in Iowa.
Russia increased its wheat export duty for the August 28-September 3 period after raising it in the previous week, the country’s agriculture ministry said in an official update on Friday August 23.
South Korean animal feed maker Nonghyup Feed Inc. (NOFI) has booked optional-origin corn in a private deal for November 30 arrival, following Major Feedmill Group’s (MFG) successful corn tender, sources told Fastmarkets on Friday August 23.