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Recent widespread rainfall across Argentina’s core agricultural regions has improved soil moisture conditions for summer crops in the week ending Wednesday February 5, according to the latest update from the Buenos Aires Grains Exchange (BAGE) released on Thursday February 6.
Brazil’s central and southern agricultural regions are expected to receive extensive rainfall during the week beginning Thursday February 6, which could disrupt soybean harvesting and second-crop (safrinha) corn planting, although the additional moisture will benefit safrinha development prospects.
The European Union imported 185,520 tonnes of soybeans in the week ended Sunday February 2, pushing the total for the current marketing year to 8.27 million tonnes, up by 13% year on year, according to preliminary data from the European Commission.
The sunflower crush at Ukrainian processing plants in January fell by 20-25% from December to the lowest level since September; it was also the smallest January crush volume in at least the last five seasons.
A cold snap is expected to sweep across parts of the US in the week beginning Thursday January 30, putting winter wheat at risk if protective snow cover remains thin.
Argentina’s soybean planting is now complete following a 0.8 percentage point weekly advance in the week to Wednesday January 29, according to the Buenos Aires Grains Exchange (BAGE)'s weekly crop report update released on Thursday January 30.
Ukrainian weekly exports of sunflower meal and sunflower oil increased in the week to January 29, while exports of soybeans and rapeseed decreased, data from the Ministry of Agrarian Policy showed on Thursday January 30.
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.
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.
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.
Russia’s export duty on sunflower oil reached another all-time high for February, increasing by 11.6% from January, while the export duty on sunflower meal decreased by 18% month on month, according to an update from the country’s Ministry of Agriculture on Friday January 24.
Buenos Aires Grains Exchange (BAGE) has cut its estimates for Argentina’s soybean and corn output in 2024/25 due to the dryness in important producing areas of the country.
The cold front expected to arrive in the US on Thursday January 23 will bring frigid temperatures to the Plains and Midwest through Wednesday January 29. Thin snow cover in some areas raises concerns that winter wheat could be exposed to damaging cold.
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.
Ukrainian exports of oilseeds and their processed products slowed down in the week to Wednesday January 22 due to the seasonality of soybeans and rapeseed, the shutdown of several processing plants, and a reduction in the supply of finished products (sunflower oil and meal), official data from the country’s Ministry of Agrarian Policy showed on Thursday January 23.
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.
EU oilseed crushing volumes rose by an average of 5.26% month on month in December, bringing the total crushing volume for the 2024 calendar year to 39.24 million tonnes, up 3.15% or 1.2 million tonnes of oilseeds year on year, according to data released by the EU association for vegetable oils and protein meals (FEDIOL) on Wednesday January 22.
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.
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.
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.