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The Brazilian Senate approved on Wednesday September 4 the “Fuels of the Future” bill that increases the mandatory blending of biodiesel in diesel and of ethanol in gasoline and creates national programs for green diesel, sustainable aviation fuel (SAF) and biomethane.
US soybean meal exports and sales both increased in the week ended August 29, figures from the USDA showed on Friday September 6.
The United Nations’ Food and Agriculture Organization (FAO) Food Price Index fell by 0.1 point from its revised July figures to 120.7 points in August, due to decreases in values of cereals which were more significant than increases in prices of vegoils, sugar and meat products, the FAO said on Friday September 6.
Brazilian soybean, corn and products exports fell in August, compared to the same month a year earlier, according to customs data released on Thursday September 5.
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 Argentine Oilseed Crushers Union (SOEA) has reached an agreement to increase the basic income for workers in the oilseed industry in Argentina by 26%, it announced on Thursday September 5.
Egyptian state buyer General Authority of Supply Commodities (GASC) has issued an international tender to buy vegetable oils for November-December delivery on Wednesday September 4, sources told Fastmarkets.
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 the week ended August 30 was unchanged from the previous week at 2.05 million tonnes, according to figures from the China National Grain & Oils Information Center (CNGOIC) published on Wednesday September 4.
US processors crushed 193 million bushels of soybeans in July, up by almost 5% from 184 million bu in June and by 4.3% from 185 million bu in July 2023, the USDA’s Monthly Fats and Oils report showed on Tuesday September 3.
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 161,142 tonnes in the week to Sunday September 1, according to initial data from the European Commission released on Tuesday September 3.
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.
Speculators in the US corn and soybean contracts boosted long positions while trimming short positions in the week to Tuesday August 27, helping reduce net short positions, data from the Commodity Futures Trading Commission (CFTC) showed late on Friday August 30.
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 soyoil inventories were estimated at 1.11 million tonnes in the week ended August 23, 20,000 tonnes lower than a week earlier, according to figures from the China National Grain and Oils Information Center (CNGOIC) published on Thursday August 29.
US soybean oil exports and sales for the 2023/24 marketing year decreased in the week ended August 22, figures from the USDA showed on Thursday August 29.
Ukrainian weekly exports of rapeseed increased by 23% week on week in the week to August 28, while exports of sunflower oil decreased over the period, amid a seasonal suspension of activity, official data published on Thursday August 29 shows.
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 89,404 tonnes in the week to Sunday August 25, according to initial data from the European Commission released on Tuesday August 27.