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Export inspections of US soybeans were up 1% to 411,165 tonnes in the week ended Thursday August 22, from the 405,628 tonnes recorded a week earlier, data from the USDA showed on Monday August 26.
Fastmarkets will not publish any price assessments for wheat, barley, corn, vegoils and meals for Europe, Ukraine and Russia, nor Black Sea sunflower, on Monday August 26 due to holidays in Ukraine and the United Kingdom.
Managed money investors in the US soybean and corn contracts trimmed long positions in the week to Tuesday August 20, helping bolster net short positions, data from the Commodity Futures Trading Commission (CFTC) showed late on Friday August 23.
The soybean CFR China (USG) basis assessment for October loading was assessed 3...
Soybean futures recovered part of the previous session’s losses on the Chicago Mercantile Exchange on Friday August 23, on the back of strong soyoil gains, higher crude oil prices, a lower US Dollar Index and the fifth consecutive day of US flash export sales reports.
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.
Fastmarkets’ weekly recap of the main movements in global cash markets.
The fourth and final day of the Pro Farmer Crop Tour, on Thursday August 22, revealed a record-high corn crop and a heavily podded soybean crop in Iowa.
Chinese authorities will offer around 410,000 tonnes of imported soybeans for auction on Wednesday August 28, according to a notice issued by the country’s National Grain Trade Center (NGTC) on Friday August 23.
Canada's grain and oilseeds exports fell by 37% week on week in the week ended Sunday August 18, totaling 738,000 tonnes, data from the Canadian Grain Commission released on Friday August 23 shows.
Soybean futures fell sharply on the Chicago Mercantile Exchange on Thursday August 22 following a bigger pod count in the states of Illinois and Iowa compared with last year and downward derived markets despite the fourth consecutive day of flash export sales.
Brazil is likely to import Argentine soyoil this year amid a tight domestic supply and demand balance for soybeans and downstream products, sources told Fastmarkets.
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.
Global weather forecasts on Thursday August 22 for the week ahead include hot temperatures and dry conditions across the Americas, Ukraine and China, which could hinder crop development and the pace of harvesting, while Argentina faces the risk of frost affecting wheat crops despite approaching rain.
Ukrainian sunflower and soybean harvesting is picking up the pace amid hot and dry weather conditions, according to data from the country’s Ministry of Agrarian Policy and Food released on Thursday August 22.
The soybean CFR China (USG) basis assessment for October loading was assessed...
US soybean meal exports increased while sales decreased to a marketing-year low in the week ended August 15, figures from the USDA showed on Thursday August 22.
US weekly soybean net sales for the 2024/25 crop year rose by 24.6% to 1.67 million tonnes in the week to August 15, above the 1.34 million tonnes reported last week, and higher than market estimates, the US Department of Agriculture reported on Thursday August 22.
Chinese authorities conducted an imported soybean auction on Wednesday August 21, with 48,692 tonnes sold out of 457,360 tonnes, sources told Fastmarkets.
On the third day of the Pro Farmer Crop Tour in the US Midwest, the Illinois corn crop yield marked a crop tour record, while the soybean crop reached the third-highest pod count in the tour’s history.