Search
Russian wheat exports decreased on a weekly basis, unable to catch up with last year's pace so far, a Fastmarkets analysis showed on Friday September 13.
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.
The soybean sowed area in Argentina is expected to reach 17.7 million hectares in 2024/25, up by 7.5% from the previous crop year, leading to an expected output of 52 million-53 million tonnes, while the forecast for new crop corn production was increased to 51 million-52 million tonnes, the Rosario Grain Exchange (BCR) said in its monthly report late on Thursday September 12.
Russia has raised its wheat export duty for September 18-24, after cutting it last week, and reduced its corn export duty, the country's agriculture ministry said in an official update on Friday September 13.
Ukraine’s grain export volumes rose to 847,000 tonnes in the week to September 12, up by 315,000 tonnes (59%) from 532,000 tonnes in the preceding seven days, according to data released by the country’s State Customs Service on Friday September 13.
French corn conditions were stable in the week to Monday September 9, according to Friday's weekly report from farm agency FranceAgriMer.
Canada's grain and oilseeds exports rose by 13%, or 76,500 tonnes, week on week in the week ended Sunday September 8, totaling 677,400 tonnes, with gains in corn, soybeans, barley and pea exports outweighed declines in wheat and canola flows, data from the Canadian Grain Commission released on Friday September 13 shows.
US corn overall trended lower on Thursday September 12 following the release of the USDA's September supply and demand monthly report update, which revealed an increase in US production and a projected yield of 183.6 bushels per acre.
Weather conditions in Brazil and Argentina are expected to bring favorable rain in the week beginning Thursday September 12.
The Ukrainian corn crop harvest advanced by 4 percentage points to 6% complete in the week ended Thursday September 12, 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 Thursday.
As anticipated by analysts ahead of the USDA's September World Agricultural Supply and Demand Estimates (WASDE) report update, lower ending stocks are projected in 2024/25, despite larger US production.
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.
Brazil’s food agency Conab slightly increased its corn crop production forecast to 115.72 million tonnes and estimated the country's grain and oilseeds total production at 298.41 million tonnes in 2023/24 in its last report regarding the crop year, released on Thursday September 12.
South Korean feed importer Major Feedmill Group (MFG) has passed on its corn tender which concluded on Thursday September 12 without making any purchases, sources have told Fastmarkets.
China’s agriculture outlook committee (CAOC) has lowered its estimate for the country’s edible vegetable oil imports in 2023/24 while raising production and consumption forecasts for the same period, according to the latest monthly Chinese Agricultural Supply and Demand Estimates (CASDE) released on Thursday September 12.
US net sales of corn for the 2024/25 crop year totaled 666,500 tonnes during the week to September 5, data released by the USDA showed on Thursday September 12.
Sales of Argentine soybeans, corn and wheat for the 2023/24 marketing year fell in the week to September 4, according to data released by Argentina’s agriculture secretariat on Wednesday September 11.
US corn futures had minor movement on Wednesday September 11, with slight support observed for nearby contracts. Market participants weighed higher US corn production, along with lower global ending stocks — anticipated in the USDA's upcoming supply and demand monthly report update on Thursday September 12.
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.
Euronext 's commitment of traders report in the week to Friday September 6 showed a net-short position in wheat futures contract, after investors trimmed the size of their short positions.