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.

US soybean meal exports reached 284,200 tonnes during September 27-30, the final period of the 2023/24 marketing year, bringing accumulated shipments for the year to 13,361,200 tonnes, up by 7% from the prior marketing year, USDA data showed on Thursday October 10.

Ukrainian exports of soybeans, rapeseed and sunflower oil decreased in the week from October 3 to October 9, while exports of sunflower meal jumped significantly, official data from the Ukrainian Customs Service showed on Thursday October 10.

Brazilian soybean and corn exports are expected to fall year on year in October, while soymeal shipments are forecast to increase, the country’s grain exporters association Anec said in its weekly report on Wednesday October 9.

President Luiz Inacio Lula da Silva passed the much awaited Fuels of the Future law, approved by Congress in September, in an event marked by the signature of letters of commitment to invest around 21 billion Reais ($3.81 billion) in Brazil.

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.

Freight rates for vessels carrying palm oil cargoes within Asia held steady in the week to Wednesday October 9, as palm inquiries for October improved, with still healthy tonnage available.

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.

Malaysia-based palm oil producer SD Guthrie International (SDGI) has confirmed the arrival of its first shipments of 40,250 tonnes of palm oil that meet the requirements of the new EU Deforestation Regulation (EUDR), according to a press release published on Thursday September 19.

Singapore-based Wilmar International saw a decline in its palm fresh fruit bunch (FFB) production in the first six months of its financial year ending June 30 2024, with FFB output coming in at 1.95 million tonnes, down by 6% from the same period a year earlier, according to the company’s earnings statement released on Tuesday August 13.

The European Bank for Reconstruction and Development (EBRD) has announced a €60 million ($65 million) loan to Ukraine’s Lan Oil to finance the country’s first private biofuels venture since Russia launched its full-scale invasion in February 2022, according to a press release published on Wednesday June 12.

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...

Palm oil major Sime Darby Plantation Berhad (SDP) reported a 6% annual increase in its palm fresh fruit bunch (FFB) output for its financial year ending December 31 2023...

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...

Palm oil major Sime Darby Plantation Berhad (SDP) recorded a 205.8% year-on-year jump in its net profits for the third quarter...

India is targeting to boost its domestic edible oil production to 25.45 million tonnes by 2030/31, following the approval of the National Mission on Edible Oils and Oilseeds (NMEO-Oilseeds), the government said in a statement issued in the late evening on Thursday October 3.

Russia’s sunflower meal export duty has risen to another record high for the period since April this year, but sunflower oil export duty will remain at nil in October of the 2024/25 season, which started on September 1, according to an update from the country’s Agriculture Ministry on Wednesday September 25.

Malaysia has set its crude palm oil (CPO) reference price for October at 3,839.10 ringgit ($898) per tonne, according to a circular issued by the Malaysian Palm Oil Board (MPOB) on Tuesday September 17.

India’s government issued a flurry of changes to import duties, export prices, and stock levels in a late-night session that saw a raft of trade updates targeting vegetable oil imports, wheat stocks and both peas and rice, trade sources told Fastmarkets on Friday September 13.

Russia's sunmeal export tariff increased to its highest level since April, after declining for four months. Meanwhile, its sunoil export tariff will remain zero for September, the first month of the 2024/25 oilseed marketing year, an update from the agriculture ministry showed on Sunday August 25.

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.

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.

Malaysia has raised its crude palm oil (CPO) reference price for May to 4,273.93 ringgit ($893) per tonne from the previous...