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Ukrainian weekly exports of rapeseed increased by 11% week on week in the week to August 21, while exports of sunflower oil and sunflower meal decreased over the period, amid a seasonal suspension of activity, official data published on Thursday August 22 shows.
The Ukrainian government has adopted a minimum export price policy resolution, but the policy may only come into force a few months later, Taras Vysotsky, Ukraine’s acting agrarian policy and food minister said during a weekly Trend and Hedge club meeting late on Wednesday August 21.
Sales of Argentine soybeans, corn and wheat fell for both the 2023/24 and 2024/25 marketing years in the week to August 14, according to data released by Argentina’s agriculture secretariat on Wednesday August 21.
The soybean CFR China (USG) basis assessment for October loading was assessed...
Soybean futures were in positive territory on the Chicago Mercantile Exchange on Wednesday August 21, while the USDA announced soybeans flash sales in the US for the third consecutive day.
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.
Argentina crushed 4.38 million tonnes of soybeans in July, up by 71.7% from 2.55 million tonnes a year earlier, according to data from the country’s Secretariat of Agriculture, Livestock and Fisheries (SAGyP) released late on Tuesday August 20.
EU crush volumes rebounded in July, rising 9.5% to 3.25 million tonnes after three months of decline since April, data from EU vegetable oil and protein meal association Fediol showed on Wednesday August 21.
On the second day of the Pro Farmer Crop Tour in the US Midwest, Nebraska and Indiana showed improved crop conditions compared with last year, when drought significantly reduced yields. This year, all tour figures from day two were higher across the board.
China’s soybean crush volume in the week ended August 16 was down by 60,000 tonnes compared with the previous week, to 2.02 million tonnes, while the country’s soymeal stocks remained at a record high, figures released by the China National Grain & Oils Information Center (CNGOIC) on Wednesday August 21 show.
Brazilian grain exporters association Anec has increased its corn and soymeal export estimates for August while making a mild adjustment for soybean shipments, its latest weekly report showed on Tuesday August 20.
Soybean futures were stable on the Chicago Mercantile Exchange on Tuesday August 20, with market participants seeking balance between positive news about the US crop and increased demand for US soybeans.
Heavy buying activity for Chinese soybeans, and stock-building in the first half of 2024, create a risk of lower demand for US beans later in the year, which would weigh on freight rates, Fastmarkets heard on Tuesday August 20.
Weekly soybean imports into the EU totaled 271,283 tonnes in the week to Sunday August 18, according to initial data from the European Commission released on Tuesday August 20.
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 (USG) basis assessment for October loading was assessed 3 c/bu...
Drought in Ohio has impacted corn more than soybeans, while in South Dakota, despite early season heavy rains and flooding, corn yields have remained consistent, making the USDA's record yield forecast achievable, according to the Pro Farmer Crop Tour.
China’s soybean imports from Brazil reached 9.12 million tonnes in July, figures from the country’s customs agency (GACC) showed Tuesday August 20.
Harvest progress across Alberta, Saskatchewan and Manitoba — Canada’s top crop-growing regions — continued under way in the week to August 13, with concerns for crop conditions because of hot and dry weather, as reported in provincial reports collated by Fastmarkets.
US corn, soybean and barley crop conditions were unchanged in the week to Sunday August 18, while spring wheat conditions improved week on week, the USDA’s weekly crop progress report showed on Monday August 19.