Search
Forecasts of rain will be a key factor to watch for market participants around the globe this week, as well as low temperatures and potential frosts in South America, Fastmarkets heard on Thursday August 8.
The July sunflower crush in Ukraine fell by 10.0-10.5%, to the lowest level in the last nine months — but nevertheless exceeded expectations — because sunflower stocks were low and some plants stopped processing, while the rapeseed crush in the first month of the 2024/25 season was lower than expected due to high prices, market sources told Fastmarkets.
Ukrainian weekly rapeseed exports jumped in the first week of August, with soybean and sunflower meal exports also showing gains in the week ending August 7, while sunflower oil exports continued to decline, official data showed on Thursday August 8.
One of the plants of the Kernel company, based in Western Ukraine, was damaged by a Russian drone strike on the night of Wednesday August 7.
Egypt’s state importer bought 36,600 tonnes of sunflower oil in an international tender closed on Wednesday August 7 and skipped purchasing soybean oil in a separate tender due to high 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.
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 111,186 tonnes in the week ended Sunday August 4, according to initial data from the European Commission released on Tuesday August 6.
Egypt’s state buyer launched two new tenders on Tuesday August 6, seeking to secure October-November supplies of soybean and sunflower oil, sources told Fastmarkets.
To support local farmers amid rising inflation, the Turkish government, announced local quotas for sunflower seeds and sunflower oil, which will allow buyers of local products to benefit from a discount on import duties on the two, Turkey-based sources told Fastmarkets on Tuesday August 6.
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.
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.
In Ukraine, the early grain crop harvest was 92% complete in the week to Thursday August 1, according to government data.
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.
Ukrainian weekly exports of rapeseed more than doubled week on week in the week to July 31, while exports of sunflower oil also increased over the reporting period, official data published on Thursday August 1 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.
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.
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.
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.
South Africa’s Crop Estimates Committee (CEC) released its sixth production forecast for summer crops in 2024 on Friday July 26.