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In Ukraine, drought conditions are expected to linger in much of the country, with central, southern and eastern regions expected to see 20-30% reductions in the harvests of late crops such as corn, sunflower seeds and soybeans.
The first volumes for the 2024/25 Ukrainian rapeseed harvest season were declared for export in the week leading up to July 17, official data published on Thursday July 18 showed, while exports of sunflower oil increased and sunflower meal and soybeans decreased.
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 for the week to Friday July 12 showed a large rise in short positions with investor sentiment remaining bearish, while long positions in wheat futures contracted marginally, leading to an big rise in the overall net-short for the contract.
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.
Weekly soybean imports into the EU totaled 290,284 tonnes in the week ended Sunday July 14, according to initial data from the European Commission released on Tuesday July 16.
Canada's top crop-growing regions recorded variable rain over the week but overall drier conditions were reported, revealing poorer topsoil and subsoil conditions following excessive showers last week, as reported in local provincial reports collated by Fastmarkets.
Soyoil future prices spiked after the USDA reported its monthly World Agricultural Supply and Demand Estimates (WASDE) report on Friday July 12 with a cut to US ending soybean stocks for both crops.
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.
Western Australian wheat output is expected to increase by 20% year on year in the 2024/25 marketing year, according to the latest monthly report from the Grain Industry of Western Australia (GIWA), released on Friday July 12.
Canada's grain and oilseed exports fell by 23% to 704,100 tonnes in the week to Sunday July 7, with a decrease in the flow of all major crops, according to data from the Canadian Grain Commission published late on Thursday July 11.
Ukraine’s harvest is proceeding at an active pace in the week to Thursday July 11 and reached 15% completion, according to government data 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.
The Russian grain crop harvest progressed by another 7.5 percentage points through the week ended Wednesday July 10, including a wheat harvest that is 21.5% completed, and yields again declined, according to data seen by Fastmarkets on Thursday July 11.
The crush margin for processing Ukrainian rapeseed decreased by 65% compared with the previous season, according to market estimates, though the margin is still higher compared with the margin for sunflower processing despite rising prices for rapeseed and high competition, which has pushed crushers to revise downward their plans for rapeseed processing.
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 July 5 showed a rise in short positions, while long positions in wheat futures fell, leading to an overall net short for the contract.
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.
Weekly soybean imports into the EU totaled 256,315 tonnes in the week ended Sunday June 30, according to initial data from the European Commission released on Tuesday July 9.
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.