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Hot and dry weather conditions have been reported around the globe, especially in the Americas, while in Asia heavy rains are expected, contributing to increase soil moisture and the growth of autumn grain crops.
The European Commission has confirmed that it has referred Belgium to the European Union’s Court of Justice after “failing to take sufficient action on nitrate pollution in the Flemish region,” according to a statement released on Thursday July 25.
US weekly net sales of corn totaled 331,400 tonnes for the 2023/24 crop year during the week to July 18, down by 24% from the previous week and by 29% from the prior four-week average, according to data from the US Department of Agriculture released on Thursday July 25.
Sales of Argentine soybean, wheat and corn were mixed among old and new crop in the week to July 17, according to data released by Argentina’s agriculture secretariat on Wednesday July 24.
US corn futures held on to gains on Wednesday July 24, with market participants monitoring a drier bias in the Midwest, with gains limited by lower weekly corn consumption.
Euronext's commitment of traders report in the week to Friday July 19 showed a rise in the net-short position in wheat futures as investors continued to cut long positions on the exchanges, even as they trimmed short positions.
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.
US weekly ethanol production decreased by 11,000 barrels per day to 1.09 million bpd in the week ended Friday July 19, according to data published by the US Energy Information Administration (EIA) on Wednesday July 24.
Brazil’s second corn crop safrinha harvest reached 79.6% of the 16.2 million hectare projected area, a 5.4 percentage point advanceand ahead of the 47.9% completion rate seen at the same period of 2023. in the week to Sunday July 21, national food agency Conab said late on Monday July 22.
Wheat sowing in the Brazilian state of Paraná was officially complete in the week to Monday July 22 for the projected area of 1.11 million hectares, state agency Deral’s weekly report showed on Tuesday July 23.
US corn futures remained supported on Tuesday July 23 on lower-than-projected corn crop ratings and steady export demand.
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.
Brazilian grain exporters association Anec reduced its July soybean export estimates to 10.4 million tonnes from last week´s 10.7 million tonnes forecast, its latest weekly report showed on Tuesday July 23.
The European Union’s weekly wheat exports amounted to 500,883 tonnes in the week to Sunday July 21, according to initial data from the European Commission released on Tuesday July 23.
US corn crop conditions declined by 1 percentage point in the week to Sunday July 21, while soybeans, spring wheat and barley remained steady, the USDA’s weekly crop progress report showed on Monday July 22.
Brazilian soybean exports remain strong in July, while corn, soymeal and soyoil exports continue at a slower pace in a year-over-year comparison, customs data showed late on Monday July 22.
US corn futures rose on Monday July 22 amid overall dry weather forecast for the Midwest growing region.
China’s soybean imports from Brazil in the first half of 2024 totaled 34.4 million tonnes, 16.1% higher than a year ago and a record high for the corresponding period, according to data from the country’s General Administration of Customs (GACC) released over the weekend.
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.
Export inspections of US corn were down by 11% to 970,539 tonnes during the week to Thursday July 18, within the range of analysts' estimates, data from the USDA released on Monday July 22 showed.