Fastmarkets’ weekly recap of the main movements in global cash markets.

South Korean feedmaking association Major Feedmills Group (MFG) has tendered and bought a 60,000 tonne cargo of South American soymeal, sources have told Fastmarkets Friday, July 26.

South Africa’s Crop Estimates Committee (CEC) released its sixth production forecast for summer crops in 2024 on Friday July 26.

Brazil’s Paraná state raised its 2023/24 second corn crop production forecast to 12.96 million tonnes, up from the 12.95 million tonnes in the June, after increasing both its planted area and yield estimates, the state's agricultural agency Deral, said in its monthly report on Thursday July 25.

Chinese authorities will offer around 980,000 million tonnes of imported soybeans for auction on Wednesday July 31, according to a notice issued by the country’s National Grain Trade Center (NGTC) on Friday July 26.

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.

Hot and dry weather conditions have been reported around the globe, especially in the Americas, while in Asia heavy rains are expected, contributing to increase soil moisture and the growth of autumn grain crops.

US 2023/24 soybean oil exports surged to 11,200 tonnes in the week to July 18, climbing by 71% from the previous week, the USDA reported on Thursday July 25.

Singapore-based Wilmar International posted its financial results for the first quarter on Monday April 29, with net profit at $302.9 million...

Wilmar International has confirmed one of its terminals was damaged in an "incident" and estimated that it will take up to six months to repair the facilities destroyed after a missile attack on the Ukrainian port of Pivdenny...

The Louis Dreyfus Company (LDC) reported a $60 million loss for 2023 amid the deconsolidation of its Russian business...

Singapore-based Asian agribusiness giant Wilmar International (Wilmar) saw an increase in its palm fresh fruit bunch (FFB) production in the second half of its 2023 financial year...

The agricultural giant Archer Daniels Midland (ADM) has seen its share prices tumble after it said it had placed its Chief Financial...

Brazil's grain and oilseeds producer SLC Agricola, one of the country´s largest agricultural companies, has cut its soybean...

China's average hog price dropped by 1.4% and 36.6% on the week and year last week, respectively...

China plans to purchase 10,000 mt of frozen pork for state reserves, the third batch of such buying this year, in response to declining hog prices...

With the war in Ukraine ongoing, the government has started to implement measures to bring more people into the army, with a new law implemented from May 18 that all enlisted men are obligated to renew their data in the defense ministry system...

Tang Renjian, the minister of China’s Ministry of Agriculture and Rural Affairs, has been put under investigation by the country’s anti-corruption watchdog...

China has vowed to boost its grain output by more than 100 billion catties (50 million tonnes) by 2030 in a new action plan issued by the country’s state council on Tuesday April 9, with a focus on increasing corn and soybean production.

China’s agriculture ministry issued new guidelines Monday aimed at better adjusting hog production capacity, including lowering...

A second US administration of Donald Trump is the ‘most likely single outcome’ of the upcoming US election, delegates at an...

The European Commission has proposed to extend the duty and quota-free import of agricultural products from Ukraine and Moldova for another year...

The proportion of soybean meal China uses in feed formula has dropped by 1.5 percentage points from 2022 to 13% currently...