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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.
European Union weekly wheat exports totaled 279,788 tonnes in the seven days to Sunday September 22, according to initial data from the European Commission on Tuesday September 24.
Brazilian grain exporters association Anec slightly increased its estimates for September corn shipments to 6.68 million tonnes, while keeping the soybean exports forecast unchanged, its weekly report showed on Tuesday September 24.
Corn projections for Romania have worsened and early results of the harvest show quality issues, leading to a number of trades heard “washed out” – or financially settled – in recent weeks, according to trade sources.
Brazilian soybean exports reached 4.37 million tonnes in the first three weeks of September, while corn shipments amounted to 4.7 million tonnes, according to customs data released on Monday September 23.
US corn crop and soybean ratings were reported to be steady in the week to Sunday September 22, with harvest across crops exceeding five-year averages, the USDA’s weekly crop progress report showed on Monday September 23.
US corn futures were supported on Monday September 23, on profit taking following declines last week, increased weekly export inspections and global weather concerns.
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 up by 94% to 1,102,826 tonnes during the week to Thursday September 19, from the 568,915 tonnes recorded a week earlier, according to USDA data released on Monday September 23.
Yield forecasts for corn, barley and sunflowers were cut in the EU’s latest Monitoring Agricultural Resources (MARS) report, published on Monday September 23.
The Russian wheat crop harvest was 83% complete in the week to Friday September 20, with the average yield dropping below the figure for the entire year of 2023 due to the Siberia, Ural and Volga regions remaining incomplete, according to data seen by Fastmarkets on Monday September 23.
Canada’s harvest progress continues, with all top growing regions now more than halfway done. Rain received in the recent week helped replenish top soil moisture, as reported in provincial reports released on September 16-17 and collated by Fastmarkets.
The USDA’s cattle on feed report released on Friday September 20 estimated the number of cattle in the nation’s feedlots at 11.2 million head on September 1, in line with market estimates and 1% above last year’s 11.13 million head.
US corn futures fell for a third consecutive day on Friday September 20, with a good harvest pace, better-than-expected crop conditions and lower reported weekly consumption weighing on the market.
Fastmarkets’ weekly recap of the main movements in global cash markets.
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.
Russian wheat exports decreased on a weekly basis for second week in row, a Fastmarkets analysis showed on Friday September 20.
China imported 10.24 million tonnes of soybeans from Brazil in August, according to data released by the country’s General Administration of Customs (GACC) on Friday September 20.
The Ukrainian corn crop harvest advanced by 7 percentage points to 13% complete in the week ended Thursday September 19, 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 Friday September 20
The Russian government slightly raised the wheat export duty and decreased the corn tariff for the September 25-October 1 period, the country’s agriculture ministry said in an official update on Friday September 20.