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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 CFR China (Brazil) basis assessment for August loading was assessed 2 cents...
US weekly soybean export sales slipped by 19% in the week to June 27 to 228,400 million tonnes from the previous week’s 282,900 tonnes, the US Department of Agriculture reported on Friday July 5.
China’s imported soybean auction held on Friday July 5 saw around 349,317 tonnes sold out of the 914,864 tonnes offered, yielding a clearance rate of 38.2%, sources told Fastmarkets.
Canada's grain and oilseeds export pace declined by 4% in the week ended Sunday June 30 and amounted to 910,100 tonnes, data from the Canadian Grain Commission released on Friday July 5 shows.
As its harvest has come to an end, Argentina’s soybean crop totaled 50.5 million tonnes in the 2023/24 crop year, up by 119.5% year on year, while corn harvest advanced strongly in the week ended Wednesday July 3, the Buenos Aires Grains Exchange (BAGE) said in its weekly crop report update on Thursday July 4.
Brazilian soybean exports reached a record 13.9 million tonnes in June, with soyoil exports up by 4%, while corn and wheat shipments declined, customs data showed late on Wednesday July 4.
The Rio Grande port authority in Brazil’s Rio Grande do Sul state has started the dredging process to clear the inner and outer channels in the entry point to the port, where silting was more severe, following floods in the state back in May.
Ukraine’s harvest accelerated in the week to Thursday July 4 and reached 6% completion, with all regions joining the campaign, according to government data released on Thursday.
The United Nations’ Agricultural Market Information Service (AMIS) increased both its global corn and wheat output forecasts and marginally reduced its soybean production outlook in its July update, released on Thursday July 4.
The soybean market was mostly muted in the Americas on Thursday July 4 as trading of benchmark futures contracts on the Chicago Mercantile Exchange was halted amid the national holiday in the US, with trading to resume in the overnight session.
Drier weather in the upper Midwest in the US is expected to promote crop development and assist in shrinking pockets of excessive wetness.
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 federal government increased the amount of resources for Plano Safra — a subsidized agricultural credit program — for the 2024/25 marketing year by 10% to a record 400.6 billion Real ($72.1 billion), up from the previous year’s 364.2 billion Real.
Ukrainian exports of sunflower oil, sunflower meal and soybean meal increased in the week to July 3, official data from the Ministry of Agrarian Policy showed on Thursday July 4.
Brazilian soybean exports reached a record 13.9 million tonnes in June and are expected to decline from July onward while corn shipments pick up, grain exporters association Anec said in its weekly report on Wednesday July 3.
Soybean futures prices increased on Wednesday July 3 amid soaring soyoil futures and a strong pace of Chinese buying on the South American cash market.
The soybean CFR China (Brazil) basis assessment for August loading was assessed 3 cents per bushel lower...
Brazilian farmers sold the largest daily volume of soybeans since the start of the 2023/24 marketing year, with sales bolstered by the recent sharp devaluation of the domestic currency, while China snapped up several cargoes on the export market, sources told Fastmarkets on Wednesday June 3.
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.