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17 Jan 2025
The soybean CFR China (Brazil) basis assessment for March shipment was assessed...
17 Jan 2025 | Fastmarkets team
Fastmarkets’ weekly recap of the main movements in global cash markets.
17 Jan 2025 | Marcela Caetano
Corn harvest advanced 8 percentage points, to 16% of an area of 748,511 hectares in the week to Thursday January 16 in the Brazilian state of Rio Grande do Sul, while soybean sowing remains interrupted by the lack of rain, state agency Emater said in its weekly report released late on Thursday.
17 Jan 2025 | Marcela Caetano
Rosario Grain Exchange (BCR) has cut its estimate for Argentina’s corn harvest to 48 million tonnes from the previous forecast of 52 million tonnes due to drought while discarding the possibility of an output of 53-53.5 million tonnes for soybeans due to losses in late-sowing areas, its monthly estimates update showed on Wednesday January 15.
17 Jan 2025 | Regina Koh
Chinese state agencies held an auction for imported soybeans from the country’s reserves on Friday January 17, where 46,109 tonnes of soybeans were sold, sources told Fastmarkets.
16 Jan 2025 | Marcela Caetano
Brazilian soybean output is expected to reach 172.4 million tonnes in 2024/25, up from the previous 172.2 million tonnes forecast, while the Brazilian soybean exports forecast rose to 105.1 million tonnes in 2025, from the previous estimate of 103.4 million tonnes, local consultancy Agroconsult said on Thursday January 16.
16 Jan 2025 | Victor Gusmao
Sales of soybean old crop and corn new crop surged during the week to January 8, according to data released by Argentina’s agriculture secretariat on Wednesday January 15.
16 Jan 2025 | Marcela Caetano
The Argentine Oilseed Crushers Union (SOEA) decided to maintain a strike at Argentina’s soybean crusher Vicentin started on Saturday January 11, as workers demanded the payment of the agreed-upon bonus and rejected an agreement offer. Workers from the biodiesel company Explora joined the strike because they also did not receive the annual bonus.
16 Jan 2025
Soybean futures fell on the Chicago Mercantile Exchange on Thursday January 16 because of profit-taking, weather effects in South America, and lower derived products and external markets.
16 Jan 2025 | Jocelyn Garcia
Argentina has completed its wheat harvest, reaching a total production of 18.6 million tonnes, with a national average yield of 3,040 kg per hectare, according to a Buenos Aires Grains Exchange (BAGE) report released on Thursday January 16.
16 Jan 2025
The soybean CFR China (Brazil) basis assessment for March shipment was assessed...
16 Jan 2025 | Fastmarkets team
Fastmarkets commits to publishing daily the bids, offers, indicative levels, or other cash trading indications on any basis and geography related to any vital markets with strong ties with Ukraine.
16 Jan 2025 | Eoin Hughes
The International Grains Council (IGC) has lowered its world grain production forecast by 7 million tonnes to 2.305 billion tonnes for the 2024/25 marketing year, according to the council’s latest monthly report.
16 Jan 2025
Showers are forecast for Argentina in the week beginning Thursday January 16, but volumes should be limited and unevenly distributed, raising pressing concerns for soybean and corn fields in key development stages.
16 Jan 2025 | Amanda Luhavalja
US net soybean meal exports rose in the week to January 9, while domestic sales edged downward to a 2024/25 marketing-year low that fell below analysts’ expectations, data from the US Department of Agriculture (USDA) showed on Thursday January 16.
16 Jan 2025 | Marcela Caetano
Net sales of US soybean rose to 569,100 tonnes during the week to January 9, up by 97% from 288,700 tonnes a week earlier, but 27% lower than the previous four-week average, and within market estimates, US Department of Agriculture (USDA) data showed on Thursday January 16.
16 Jan 2025 | Anna Platonova
Ukrainian weekly sunflower oil exports fell in the week ending Wednesday January 15, while soybean, rapeseed and sunflower meal export orders increased, official data from the Ministry of Agrarian Policy showed on Thursday January 16.
16 Jan 2025 | Regina Koh
Chinese state agencies will hold the first auction for imported soybeans of the year on January 17, when approximately 46,000 tonnes of soybeans from the country’s reserves will be offered for sale, according to a notice issued by the National Grain Trade Centre (NGTC) late on Wednesday January 15.
15 Jan 2025
Soybean futures edged higher in a very volatile session in the Chicago Mercantile Exchange on Wednesday January 15, with market players focusing on the weather in South America and the possible impacts on the market after Donald Trump’s inauguration on Monday January 20.
15 Jan 2025 | Amanda Luhavalja
US soybean crush set a new all-time record high in December 2024 at 206.604 million bushels, according to figures released by the National Oilseed Processors Association (NOPA) on Wednesday January 15.
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