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Fastmarkets commits to publishing daily the bids, offers, indicative levels, or other cash trading indications on any basis and geography related to any vital markets with strong ties with Ukraine.
The European Union's weekly wheat exports amounted to 207,333 tonnes in the week to Sunday December 8, according to initial data from the European Commission.
Brazilian grain exporters association Anec increased its estimates for soybean, corn, soymeal and wheat in its weekly report on Tuesday December 10.
China’s Agriculture Outlook Committee (CAOC) has lowered its 2024/25 estimates for the country’s edible vegetable oil imports by 700,000 tonnes to 7.73 million tonnes from the previous month’s 8.43 million tonnes in its December update of the Chinese Agricultural Supply and Demand Estimates (CASDE) released on Tuesday December 10.
Brazilian corn exports totaled 1.17 million tonnes in the first week of December, while soybean exports totaled 665,672 tonnes, customs weekly data showed on Monday December 9.
US corn futures edged higher while Dalian prices softened on Monday December 9. Ukrainian prices were steady amid firmer buying interest, and US exports gained momentum, contrasting with reduced Brazilian shipments due to strong domestic demand.
Fastmarkets commits to publishing daily the bids, offers, indicative levels, or other cash trading indications on any basis and geography related to any vital markets with strong ties with Ukraine.
Export inspections of US corn were up by 11% to 1.05 million tonnes in the week ended Thursday December 5, from the 948,812 tonnes recorded the previous week, according to USDA data published on Monday December 9.
Brazilian corn exports amounted to 4.7 million tonnes in November, down by 36.2% year on year, while soybean shipments fell by 50.9% to 2.5 million tonnes, official customs data showed.
Investors in the three US wheat markets added short positions in the week to Tuesday December 3, helping send net short positions to multi-month highs, data from the Commodity Futures Trading Commission (CFTC) showed late on Friday December 6.
The EU and Mercosur — the trade bloc that includes Argentina, Brazil, Paraguay and Uruguay — announced on Friday December 6 the end of negotiations for the free-trade agreement between the blocs, but questions linger about the potential impacts on trade flows of agricultural products.
US corn futures rose alongside higher Dalian prices. Data showed increased Ukrainian exports and firm domestic prices on Friday December 6. In South America, offers softened slightly, and Brazil experienced reduced export volumes due to strong domestic demand.
Fastmarkets’ weekly recap of the main movements in global cash markets.
Market participants polled by Fastmarkets ahead of the USDA’s December World Agricultural Supply and Demand Estimates (WASDE) report update on Tuesday December 10 expect the agency to leave global corn ending stocks unchanged, while reducing domestic US stocks.
Fastmarkets commits to publishing daily the bids, offers, indicative levels, or other cash trading indications on any basis and geography related to any vital markets with strong ties with Ukraine.
The Russian government has again increased the wheat export duty for the December 11-17 period, the country’s agriculture ministry said in an official update on Friday December 6.
The United Nations Food & Agriculture Organization (FAO) Food Price Index (FFPI) increased by 0.6 points month on month in November, reaching 127.5 points, the FAO said on Friday, December 6.
Ukraine exported 874,000 tonnes of grains in the week ending Thursday December 5, marking a weekly increase of 103,000 tonnes, or 13%, according to data released by the country’s State Customs Service on December 6.
The French soft wheat sowing for the 2025 harvest reached 96% of the planned area by the week ended Monday December 2, up from 93% the preceding week, according to the latest FranceAgriMer report published on Friday December 6.
Canada’s grain and oilseed exports totaled 1.54 million tonnes in the week to Sunday, December 1, up by 437,200 tonnes or 40% from 1.10 million tonnes a week earlier, according to data published by the Canadian Grain Commission on Friday December 6.