Search
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.
China’s soybean crush volume in June reached 8.6 million tonnes, slightly lower than earlier market expectation of 9 million tonnes for the period, according to data released by the China National Grain and Oil Information Centre (CNGOIC) this week.
Chinese authorities will offer roughly 910,000 tonnes of imported soybeans for auction on Friday July 5, according to a notice issued by the country’s National Grain Trade Center (NGTC) on Wednesday July 3.
Soybean futures were broadly unchanged on Tuesday July 2 amid underlying support from rising soyoil prices and favorable weather prospects in the US.
The USDA attaché in Brazil reduced its estimates for the country’s 2023/24 soybean output due to floods in the South and yield losses in other states, while raising its projections for 2024/25.
Sentiment among US agricultural producers slipped slightly in June, with the Index of Future Expectations responsible for the decline, the Purdue University/CME Group Ag Economy Barometer survey showed on Tuesday July 2.
The soybean CFR China (Brazil) basis assessment for August loading was assessed 4 cents per bushel lower...
US growing crop conditions were mixed in the week to Sunday June 30, with corn, winter wheat and barley ratings declining week on week, the USDA’s weekly crop progress report showed on Monday July 1.
After a consultation period, Fastmarkets has amended the pricing methodology of for several soybean price assessments to better reflect quality specifications, payment terms and delivery periods used in the market.
Soybean futures rebounded on Monday July 1, with a bias to the front end of the curve borrowing strength from surging soyoil prices.
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 cents per bushel higher...
Export inspections of US soybeans landed within market estimates at 303,023 tonnes during the week to Thursday June 27, a 13.4% dip from 349,884 tonnes recorded a week earlier, data from the US Department of Agriculture showed on Monday July 1.
Investors in the US agricultural sector accumulated short positions in all major markets, boosting their net short positions in the week to June 25, data from the Commodity Futures Trading Commission (CFTC) showed late on Friday June 28.
Soybean futures rebounded slightly on Friday June 28, backed by bargain buying after trading at multi-year lows on the previous day, but they gave away part of the earlier gains after the USDA’s acreage and quarterly stocks reports were published.
The quarterly US Grain Stocks update, released on Friday June 28, revealed higher year-on-year stocks for corn, wheat and soybeans, with all figures exceeding market estimates shared by analysts before the release.
US corn and wheat planted areas were down year on year, but the soybean estimated planted area increased, according to the USDA Acreage report released on Friday June 28.
Fastmarkets’ weekly recap of the main movements in global cash markets.
The soybean CFR China (Brazil) basis assessment for August loading was assessed 8 cents...
China’s imported soybean auction held on Friday June 28 saw around 154,668 tonnes sold out of the 899,379 tonnes offered, yielding a clearance rate of 17.2%, sources told Fastmarkets.