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US corn crop and soybean harvest progress remained above the five-year averages in the week to Sunday October 13, the USDA’s weekly crop progress report showed on Tuesday October 15.
US and European wheat futures fell for third session on Tuesday October 15 on recent precipitation in Argentina and forecasts that much-needed rain will fall this weekend on hard red winter fields in the southern Great Plains and also in parts of the Black Sea region.
The German 12.5% FOB wheat APM for November loading was assessed at a €8 per tonne premium over the December Euronext contract...
The Russian Union of Grain Exporters (Rusgrain Union) will start publishing the recommended export prices for wheat, according to a note on the union's official Telegram Messenger channel, seen on Tuesday October 15.
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.
Export inspections of US wheat rose by 2.1% to 371,004 tonnes during the week to Thursday October 10, from 363,460 tonnes the previous week, according to USDA data released on Tuesday October 15.
Brazilian grain exporters association Anec raised its estimates for corn and soybean exports in October to 6.2 million tonnes and 4.3 million tonnes, respectively, the association said in its weekly report on Tuesday October 15.
European Union weekly wheat exports totaled 242,801 tonnes in the seven days to Sunday October 13, according to initial data from the European Commission on Tuesday October 15.
Brazilian food agency Conab has slightly reduced its estimate for the country's soybean crop in 2024/25 to 166.05 million tonnes from the 166.3 million tonnes projected in September, and corn output was adjusted to 119.7 million tonnes from the previous 119.8 million tonnes forecast, according to a report on Tuesday October 15.
The German 12.5% FOB wheat APM for November loading was assessed at a €8 per tonne premium over the December Euronext contract...
US and European wheat futures declined on Monday October 14 after much-needed rain fell in grain-growing regions in Argentina and on speculation that parts of the US Great Plains will soon experience precipitation.
The Russian wheat harvest progressed by another 4 percentage points to 97% complete in the week ended Monday October 14, exceeding 85.8 million tonnes including the harvest from occupied territories, according to data seen by Fastmarkets on Monday.
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 winter grains sowing campaign in Ukraine advanced by 17 percentage points to 72% complete in the week ended Monday October 14, with 3.7 million hectares planted out of the 5.18 million ha planned for 2025/26, the country's Ministry of Agrarian Policy said.
Saudi Arabia’s General Food Security Authority (GFSA) bought 360,000 tonnes of wheat according to an official notice published by the agency on Monday October 14.
China imported 11.37 million tonnes of soybeans in September 2024, estimates from the country’s General Administration of Customs (GACC) showed on Monday October 14.
Canada’s top growing regions are wrapping up harvest work, with Saskatchewan leading the way and expecting to conclude work within the next week, according to provincial reports released on October 7-8 and collated by Fastmarkets.
Investors in the US corn and soybean markets, as well as in two of three wheat contracts, reduced net short positions in the week to Tuesday October 8, data from the Commodity Futures Trading Commission (CFTC) showed late on Friday October 11.
Russia’s Ministry of Agriculture held a meeting with Russian grain exporters on Friday October 11 and supported a push for direct export sales, “bypassing traders and intermediaries from other countries,” the Russian Union of Grain Exporters (Rusgrain Union) said on its official channel on Telegram Messenger on the same day.
Fastmarkets’ weekly recap of the main movements in global cash markets.