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Canada's grain and oilseed exports rose by 57%, or 383,100 tonnes, in the week ended Sunday September 15, totaling 1.1 million tonnes, with gains in canola and wheat flows, according to data from the Canadian Grain Commission released late on Thursday September 19.
Dry conditions in the Black Sea region in the week beginning Thursday September 19 will provide an ideal environment for harvesting late-season crops such as corn and sunflower. Elsewhere, challenges are expected to persist for growers in North America and South America, as well as parts of China and Australia, due to wetter and more unpredictable weather patterns.
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.
Ukrainian exports of sunflower oil, sunflower meal and soybeans remained slow in the September 12-18 period, while rapeseed exports remained relatively strong, data from the State Customs Service showed on Thursday September 19.
China’s soybean oil stocks rose to 1.11 million tonnes at the close of the week ending September 13, 20,000 tonnes higher than the previous week, data from the China National Grain and Oil Information Center (CNGOIC) released on Thursday September 19 shows.
China’s corn and wheat imports in August fell to their lowest levels for several years, with the pace of buying in the country slowing after a frenetic phase of imports earlier this year, sources told Fastmarkets on Wednesday September 18.
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 September 13 showed the net short position in wheat futures contracted by 13% after investors trimmed their short positions – leading to a net short position of 89,456 lots.
Weekly soybean imports into the EU totaled 101,825 tonnes in the week to September 15, according to initial data from the European Commission released on Tuesday September 17.
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 Russian wheat crop harvest was 78% complete in the week to Monday September 16, out of the 29.8 million hectares planned for the 2024/25 campaign, according to data seen by Fastmarkets on Tuesday, but heavy rainfall in some regions poses a threat to future harvests.
In its production forecast for the new 2024 marketing year, France’s farm ministry Agreste estimates a 9.25 million tonnes, or 26.5%, year-on-year decline in French wheat production to 25.8 million tonnes.
Ukraine's rapeseed sowing campaign advanced by 13 percentage points to 61% complete in the week ended Monday September 16, with 688,400 hectares planted out of the 1.1 million ha planned for 2025/26, according to the country's Ministry of Agrarian Policy.
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.
Torrential rains across central and eastern Europe over the weekend have caused flooding and damage in several countries, most notably Poland and the Czech Republic.
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.
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.
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.
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.