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Soil moisture conditions continued to decline in soybean, corn and sunflower crops in the week ended January 8, although the majority of the crops remained under optimal to adequate conditions, according to the Buenos Aires Grains Exchange (BAGE) report released on Thursday January 9.
Dry conditions in the US Midwest in the week beginning Thursday January 9 are expected to stress winter wheat crops, with minimal precipitation and existing drought conditions limiting soil moisture.
Ukrainian exports of sunflower oil and sunflower meal increased in the week ending Thursday January 9, while exports of soybeans and rapeseed decreased, data from the Ministry of Agrarian Policy showed on Thursday.
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.
Ukraine's sunflower crush fell by at least 12% month on month in December to its lowest level in the past three months, with low farmer sales, high sunflower prices and falling oil prices leading to reduced sunflower oil production and exports.
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.
The lack of rain in the past few days has started to affect the soil moisture conditions of crops in Argentina, with an increase in areas under average/dry conditions for soybean, corn and sunflower, according to the Buenos Aires Grains Exchange (BAGE) report released on Friday January 3.
Dry conditions are set to dominate the US Midwest in the week beginning Thursday January 2, raising concerns about winter wheat crops in this critical overwintering period.
Ukrainian exports of sunflower oil and sunflower meal declined during the week to January 1, while soybean and rapeseed exports increased, according to data released by Ukraine’s Ministry of Agrarian Policy on Thursday January 2.
India has bought more than 80,000 tonnes of soyoil from South America and the United States in the last days of 2024 amid a drop in soyoil prices that widened the gap with competing oils in India, sources told Fastmarkets.
Russia’s state statistical agency Rosstat has published the preliminary results for the 2024 harvest campaign, pegging the wheat crop at 82.4 million tonnes, an official document from the agency’s website showed on Wednesday December 25.
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 is raising its export duty on sunflower oil by 74.72% in January — reaching its highest since October 2022, when the duty was first applied — and and increasing its export duty on meal by 26.00%, according to an update from Russia's Ministry of Agriculture on Wednesday December 25.
India, Spain and Italy ranked as the top three buyers of Ukrainian sunflower oil between September-December of the current 2024/25 season, accounting for 43.5% of the total export volume. The new rank displaced Turkey, which prefers to purchase cheaper Russian products, and Poland. It also reduced transit supplies through Romanian ports, favoring exports through deep-water ports in 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 to 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.
Dry weather in the US Midwest during the week beginning Thursday December 19 could exacerbate soil moisture deficits and stress winter wheat crops, which are currently in interseason development.