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US weekly net sales of corn totaled 889,200 tonnes for the 2023/24 in the week to May 2, up by 17% from the previous week and by 23% from the prior four-week average, according to USDA data released on Thursday May 9.
US weekly net sales of wheat for the 2023/24 crop year totaled 41,100 tonnes in the week to May 2, down “noticeably” from the previous week but up from the prior four-week average, the USDA said on Thursday May 9.
South Korean feed importer Korea Feed Association (KFA) has secured up to 65,000 tonnes of optional origin corn for August 10 arrival from Louis Dreyfus Co (LDC), sources told Fastmarkets on Thursday May 9.
Ukraine's weekly exports of sunflower oil jumped by nearly 39% in the week to Wednesday May 8 from the previous week, while exports of meal and soybeans fell, official data showed on Thursday May 9.
China’s soybean imports in April were reported at 8.57 million tonnes, estimates from the country’s General Administration of Customs (GACC) released Thursday May 9 showed, the highest ever recorded for the month of April.
An additional grain export quota has been allocated to Russian exporters, with Aston taking the biggest share of the available quota...
Sales of Argentine new crop soybean and wheat rose while sales for the old crop dropped in the week to May 2, according to data released by the country’s agriculture secretariat on late Wednesday May 8.
Egypt’s General Authority for Supply Commodities (GASC) has booked 420,000 tonnes of milling wheat for June shipment and is paying $35 per tonne higher compared with the previous tender, sources said late on Wednesday May 8.
South Korean feed importer Korea Feed Association (KFA) has issued a buy tender for up to 69,000 tonnes of optional-origin corn for August-arrival, sources told Fastmarkets on Thursday May 9.
Brazilian soybean exports totaled 13.4 million tonnes in April, down by 4.3% year on year from 14 million tonnes...
Malaysian crude palm oil (CPO) futures fell on Wednesday May 8, reversing earlier gains amid expectations of higher supply in the second quarter and losses across the vegoils complex.
US corn futures remained under pressure on Wednesday May 8 amid lower weekly corn consumption and improved planting expectations following better weather forecasts for the US Midwest in the week ahead.
Soybean front-month July futures on the Chicago Mercantile Exchange (CME) lost momentum on Wednesday May 8 under downward pressure from technical selling, positioning and lower prices of downstream products, Fastmarkets heard.
US and European wheat futures declined for the second consecutive day on Wednesday May 8 amid forecasts of much-needed rain in prime growing regions in both Russia and the US, while market participants took positions before an influential USDA report is released on Friday May 10.
Freight rates rebounded in the week to Wednesday May 8 with stronger demand from cargo in South America and support from stronger Capesizes...
The German 12.5% FOB wheat APM basis assessment for June loading was assessed down €1.50 per tonne to a €6 per tonne discount to the September Euronext wheat contract...
The soybean CFR China (Brazil) basis assessment for June loading was assessed 1 cent per bushel lower at a premium of 139 cents per bushel to the July CME soybean futures contract...
Euronext’s commitment of traders report for the week to Friday May 3 showed that investors continued to cut their short positions in wheat futures, further growing the contract’s net long position on the exchange.
The USDA's influential World Agricultural Supply and Demand Estimates (WASDE) report update for May will include the first projections for the 2024-25 crop year, with analysts polled by Fastmarkets projecting that US ending stocks will climb while global stocks will dip slightly.
US weekly ethanol production fell by 22,000 barrels per day to 965,000 barrels per day in the week to Friday May 3, according...