Latest News
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...
The USDA’s monthly supply and demand update will include the first 2024/25 new crop projections of the year, and analysts polled by Fastmarkets...
Global and US soybean ending stocks are expected to bounce back considerably in the 2024/25 marketing year, underpinned by higher production in the US and Brazil, a Fastmarkets poll with seven traders and analysts showed on Wednesday May 8.
The Russian government has further reduced the export tax on wheat for the week of May 15-21, while setting the tax on corn and barley at zero...
No purchases were made in China’s latest auction for imported soybeans, which concluded Wednesday May 8, trade sources told Fastmarkets.
Freight rates for vessels carrying palm oil from Southeast Asia to key destinations in the region increased in the week to Wednesday May 8 from the previous week, driven by healthy demand for palm and limited tonnage.
Taiwanese feed production group MFIG concluded its buy tender for optional-origin corn on Wednesday May 8, purchasing around 65,000 tonnes of the grain from trading house Pan Ocean, market sources told Fastmarkets.
The Argentine Oilseed Crushers Union (SOEA) announced late on Tuesday May 7 that the syndicate will call their workers to join a general strike in the country, with the joining of the SOEA scheduled for Thursday May 9, according to a note published by the union.
China’s soybean crush level in the week ended Friday May 3 totaled 1.72 million tonnes, 200,000 tonnes lower from the week prior, figures from the China National Grain and Oil Information Centre (CNGOIC) showed.
Brazil’s soybean harvest advanced by 3.8 percentage points in the week to Sunday May 5th, reaching 94.3% of the 45.2 million hectare projected area, the country’s food agency Conab said late on Monday May 6.