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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.
Ukrainian exports of sunflower oil, sunflower meal and soybeans fell in the week to Wednesday July 10, official data showed on Thursday July 11, with production volumes of processed products declining amid low sunflower stocks and the shutdown of a number of plants for preventive maintenance, in addition to seasonal factors.
Vegoil future prices in China have been dropping in the past days after a national food security scandal involving Sinograin shocked the nation and hurt consumer sentiment toward the sector, but market participants expect limited impact on soybean crushers going forward.
Brazilian grain exporters association Anec increased its July soybean export forecast to 9.7 million tonnes from the previous estimate of 9.5 million tonnes, according to its latest report released on Wednesday July 10.
Several soybean futures hit contract-low prices in their third-consecutive session of losses on Wednesday July 10, weighed by favorable weather for US crops amid low demand and pressured by a downtrend in soy products.
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 USDA is expected to slightly reduce its soybean acreage and production estimates on its monthly World Agricultural Supply and Demand Estimates (WASDE) report that will be published on Friday July 12, a Fastmarkets poll of 11 traders and analysts showed.
The soybean CFR China (Brazil) basis assessment for August loading was assessed unchanged...
China’s soybean crush volume in the week ended Friday July 5 reached 1.99 million tonnes, down by 190,000 tonnes week on week but a growth of 20,000 tonnes from a month ago.
Sales of Argentine old crop and new crop soybeans, corn and wheat increased in the week to July 3 according to data released by Argentina’s agriculture secretariat.
Soybean futures prices had a second double-digit loss day amid an improvement in the US soybean crop conditions and pressure from derived and external markets.
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 256,315 tonnes in the week ended Sunday June 30, according to initial data from the European Commission released on Tuesday July 9.