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Export inspections of US soybeans were down 43% to 168,593 tonnes during the week to July 11, from the 294,209 tonnes recorded a week earlier, data from the US Department of Agriculture (USDA) showed on Monday July 15.
The soybean CFR China (Brazil) basis assessment for August loading was assessed 1 cent...
Managed money investors in the US soybean and corn markets accumulated short positions in the week to Tuesday July 9, sending net short positions to record highs, data from the Commodity Futures Trading Commission (CFTC) showed late on Friday July 12.
Soybean futures were down on Friday July 12 following the USDA’s World Agricultural Supply and Demand Estimates (WASDE) release, with low demand and ample supply continuing to put pressure on futures on the Chicago Mercantile Exchange.
The USDA cut its forecast for US ending stocks for 2024/25 below expectations, while reducing US soybean crop output in line with the average market projections, its World Agricultural Supply and Demand Estimates (WASDE) report showed on Friday July 12.
Soyoil future prices spiked after the USDA reported its monthly World Agricultural Supply and Demand Estimates (WASDE) report on Friday July 12 with a cut to US ending soybean stocks for both crops.
Fastmarkets’ weekly recap of the main movements in global cash markets.
The soybean CFR China (Brazil) basis assessment for August loading was assessed 12 c/bu higher...
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.
Chinese authorities will offer around 547,000 tonnes of imported soybeans for auction on Wednesday July 17, according to a notice issued by the country’s National Grain Trade Center (NGTC) on Friday.
China’s agriculture outlook committee (CAOC) has maintained its estimates and forecasts for production, consumption and imports for soybean, corn and vegoil for both 2023/24 and 2024/25 marketing years, according to its latest monthly Chinese Agricultural Supply and Demand Estimates (CASDE) released on Friday July 12.
China’s soybean imports rose to 11.11 million tonnes in June, up from May’s 10.22 million tonnes and 10.7% more than the level imported a year ago, figures released by the country’s General Administration of Customs (GACC) on Friday July 12 show.
Canada's grain and oilseed exports fell by 23% to 704,100 tonnes in the week to Sunday July 7, with a decrease in the flow of all major crops, according to data from the Canadian Grain Commission published late on Thursday July 11.
Soybean futures were down for the fourth-consecutive session on Thursday July 11, with market participants adjusting their positions ahead of the USDA´s World Agricultural Supply and Demand Estimates (WASDE), to be released on Friday.
The weather system known as Hurricane Beryl arrived over the US state of Texas early on Monday July 8, causing flooding and tornadoes, before turning into a tropical cyclone and generating rains that were, overall, benefiting crops such as corn and soybeans in the US Midwest.
India’s edible vegetable oil imports in June rose by 2% from May to 1.53 million tonnes, data from the Solvent Extractors Association of India (SEA) released on Thursday July 11 showed.
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 13 c/bu lower...
Brazil’s food agency Conab raised its second corn crop production forecast to 90 million tonnes for the 2023/24 crop year in its monthly supply and demand report released on Thursday July 11.
US weekly soybean export sales dropped by 9% in the week to July 4 to 208,000 tonnes, from the previous week’s 228,400 tonnes, and by 40% from the previous four-week average, the US Department of Agriculture reported on Thursday July 11.