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Canada’s grain and oilseed exports totaled 1.1 million tonnes in the week to Sunday November 24, down by 70,300 tonnes, or 6%, from 1.17 million tonnes a week earlier, according to data published by the Canadian Grain Commission on Friday November 29.
The Chicago Mercantile Exchange was closed on Thursday November 28 in observance of the Thanksgiving holiday in the US.
Fastmarkets has corrected its AG-SYB-0081 Crush Margin Argentina Soy, which was published incorrectly on Wednesday November 13.
Brazil’s southern region is expected to receive heavy rainfall during the week beginning Thursday November 28, which could benefit corn and soybean crops but also delay some late planting and increase the risk of fungal disease.
Brazil’s Paraná state agency Deral has trimmed its estimates for the 2024/25 soybean production to 22.3 million tonnes from the previous 22.4 million tonnes forecast, while slightly reducing its summer corn and wheat output projection, its monthly report showed on Thursday November 28.
The Ukrainian corn harvest progressed by 1 percentage point to 93% of the total planned area in the week to Thursday November 28, with 24.2 million tonnes brought in from the fields, according to the latest data from the Ministry of Agrarian Policy and Food.
Ukrainian weekly sunflower oil and sunflower meal exports increased during the week to November 27, while soybean and rapeseed exports declined, according to the Ministry of Agrarian Policy data released on Thursday November 28.
Sales of both old and new Argentine soybean, corn and wheat crop decreased during the week to Wednesday November 20, according to data released by Argentina’s agriculture secretariat on Wednesday November 27.
Soybean futures edged higher in a volatile session on the Chicago Mercantile Exchange on Wednesday November 27, amid a weakness in the US dollar and with support from higher soymeal prices, while a sharp decline in soyoil limited the gains.
The soybean CFR China (Brazil) basis assessment for January shipment was assessed...
China’s combined stocks of its three major vegetable oils soybean oil, palm oil and rapeseed oil saw an overall weekly drop in the week to Friday November 22, according to data from the China National Grain and Oils Information Centre (CNGOIC).
Brazilian grain exporters association Anec has cut its estimates for Brazil’s corn exports in November to 5 million tonnes from the previous 5.56 million tonnes forecast, while reducing its soybean and soymeal shipment estimates for the current month, its weekly report showed on Tuesday November 26.
Brazilian soybean sowing reached 83.3% of the projected area of 47.3 million hectares in the week to November 24, a weekly advance of 9.5 percentage points. This surpassed the 75% completion rate from a year earlier, national food agency Conab said in its weekly crop progress report published late on Monday November 25.
Soybean futures fell on the Chicago Mercantile Exchange on Tuesday November 26, pressured by a stronger US Dollar Index after US President-elect Donald Trump vowed to implement trade tariffs on Chinese imports. Favorable crop conditions in South America and weaker soymeal also drove down prices.
The EU imported a total of 91,201 tonnes of soybeans in the week ended Sunday November 24, pushing the yearly total to 4.95 million tonnes, which is a 7% increase compared with the previous year, based on preliminary data from the European Commission.
The soybean CFR China (Brazil) basis assessment for January shipment was assessed...
Chinese soybean crush volumes in the week to Friday November 22 hit an estimated 1.97 million tonnes, according to the China National Grain and Oils Information Centre (CNGOIC).
Chinese state agencies will hold an auction for imported soybeans on Friday November 29, where around 73,000 tonnes of soybeans will be offered for sale, according to a note issued by the National Grain Trade Center (NGTC) on Tuesday November 26.
Soybean futures went up in a volatile session on the Chicago Mercantile Exchange on Monday November 25, partly supported by a lower US dollar and by soymeal gains, with market participants monitoring US export inspections and Brazil’s planting progress.
Brazilian corn exports reached 3.4 million tonnes in the first four weeks of November, while soybean exports amounted to 2.2 million tonnes, customs data showed on Monday November 25.