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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 soybean imports into the EU totaled 290,284 tonnes in the week ended Sunday July 14, according to initial data from the European Commission released on Tuesday July 16.
The soybean CFR China (Brazil) basis assessment for September loading was assessed 1 cent per...
The Brazilian Association of Vegetable Oil Industries (Abiove) raised its estimate for the country’s soybean crop output in 2023/24 to 153.2 million tonnes, a 700,000-tonne increase from last month’s 152.5 million tonnes projection, its monthly report showed on Tuesday July 16.
US corn and soybean crop conditions were unchanged in the week to Sunday July 14, while spring wheat and barley conditions improved, the USDA’s weekly crop progress report showed on Monday July 15.
Brazilian soybean exports kept at a strong pace in July, while corn shipments struggled to keep up with last year’s figures, customs data showed late on Monday July 15.
Soybean futures collapsed on Monday July 15, setting new contract lows for multiple months amid ample offers and low demand in the US. It is the second time this month futures have hit their lowest levels.
US soybean crush declined sharply in June 2024, down from a record monthly high in May, according to the latest data released by the National Oilseed Processors Association (NOPA) on Monday July 15.
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.