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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
Weekly US net export sales of soyoil rose by 43% in the week to June 13 and reached the highest level since the end of February, with fresh net commitments of 20,900 tonnes of soyoil reported by the USDA on Thursday June 21.
US soybean weekly export sales were up by 48% in the week to June 13 at 556,500 million tonnes from the previous week’s 377,100 tonnes, the USDA reported on Thursday June 21.
China imported 194,652 tonnes of palm olein in May, figures from the country’s General Administration of Customs (GACC) released Thursday June 20 showed.
EU oilseed processing volumes continued to decline in May, falling by almost 2.5% month on month, according to data from EU vegetable oils and protein flour association Fediol dated Thursday 20 June.
Ukrainian farmers have begun harvesting early grain crops, according to a notice on the Ministry of Agrarian Policy of Ukraine’s website dated Friday June 21.
China’s imported soybean auction held on Friday June 21 saw around 182,700 tonnes sold out of the 993,800 tonnes offered, yielding a clearance rate of 18.38%, sources told Fastmarkets.
Canada's grain and oilseeds exports rose by 1% in the week ended Sunday June 16 and amounted to 710,300 tonnes, data from the Canadian Grain Commission released on Friday June 21 shows.
The Buenos Aires Grains Exchange (BAGE) increased its wheat sowing area estimates for Argentina by 100,000 hectares, to 6.3 million ha, since improvements in grain and input prices have stimulated wheat sowing in key areas in the central and southern part of the agricultural area, the exchange said in its weekly crop report update.
The nearby soybean futures contract on the Chicago Mercantile Exchange slipped to its lowest price since February on Thursday June 20; the market returned from the US Juneteenth holiday amid easing concerns about US weather and under pressure from soy products.
Ukrainian weekly exports of sunflower oil, sunflower meal and soybeans fell in the week to Wednesday June 19, with stocks easing ahead of the end of the season, according to official data released on Thursday June 20.
China’s soybean imports from Brazil in May came in at 8.81 million tonnes, according to figures released by the country’s General Administration of Customs (GACC) on Thursday June 20.
Sales of Argentine old and new crop soybeans and corn increased in the week to June 12, while wheat was mixed, according to data released by the country’s agriculture secretariat late on Wednesday June 19.
Fastmarkets will not publish any price assessments for corn, soybean, Americas vegoils and meals, or US wheat, on Wednesday June 19.
The global soybean market was mostly muted on Wednesday June 19, with the Chicago Mercantile Exchange closed in observance of the Juneteenth federal holiday in the US.
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 c/bu lower at a premium of 187 cents per bushel to the August CME soybean futures contract...
Argentina’s government no longer requires an export license application (DJVE) for 40 products such as rice corn oil, popcorn and wheat bran, according to a resolution published by the country’s bioeconomy secretariat on Wednesday June 19.
Soymeal prices in China have been dropping since early June amid ample supply and slow downstream buying, which could dent crushers’ appetite for imported soybeans, sources told Fastmarkets.
China’s soybean crush volume dropped by 60,000 tonnes to 1.90 million tonnes in the week to June 14 compared with the previous week, according to data released by the China National Grain and Oil Information Centre (CNGOIC) on Tuesday June 18.