Speculators in the US corn market continued to amass long positions in the week to Tuesday January 21, sending the net long to the highest level in 140 weeks, while open interest in corn surged to its highest since July 2021, data from the Commodity Futures Trading Commission (CFTC) showed late on Friday January 24.

Fastmarkets commits to publishing daily the bids, offers, indicative levels or other cash trading indications on any basis and geography related to any vital markets with strong ties with Ukraine.

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

The Argentine government announced temporary cuts to export taxes, known as retenciones, for soybeans, soymeal, soyoil, sunflower, wheat, corn, sorghum and barley late on Thursday January 23.

Russia lowered its export duties on wheat and corn for January 29-February 4, while the export duty on barley was raised, the country’s agriculture ministry said on Friday January 24.

US weekly net sales of wheat for the 2024/25 crop year totaled 164,800 tonnes during the week to January 16, down by 68% from the previous week and by 55% from the prior four-week average, the US Department of Agriculture said on Friday January 24.

Ukraine exported 1.13 million tonnes of grains during the week ended January 23, up by 213,000 tonnes, or 23%, from the previous week, according to data released by the country’s State Customs Service on Friday January 24.

Canada’s grain and oilseed exports totaled 906,000 tonnes during the week to January 19, a decrease of 262,500 tonnes, or 22%, from 1.17 million tonnes the previous week, according to data from the Canadian Grain Commission published on Friday January 24.

Speculators in the US corn market continued to amass long positions in the week to Tuesday January 21, sending the net long to the highest level in 140 weeks, while open interest in corn surged to its highest since July 2021, data from the Commodity Futures Trading Commission (CFTC) showed late on Friday January 24.

Fastmarkets commits to publishing daily the bids, offers, indicative levels or other cash trading indications on any basis and geography related to any vital markets with strong ties with Ukraine.

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

The Argentine government announced temporary cuts to export taxes, known as retenciones, for soybeans, soymeal, soyoil, sunflower, wheat, corn, sorghum and barley late on Thursday January 23.

Russia lowered its export duties on wheat and corn for January 29-February 4, while the export duty on barley was raised, the country’s agriculture ministry said on Friday January 24.

US weekly corn net sales for the 2024/25 crop year reached 1,661,000 tonnes during the week ended January 16, a sharp increase of 62% from the previous week and 68% above the prior four-week average, according to data released by the USDA on Friday January 24.

Ukraine exported 1.13 million tonnes of grains during the week ended January 23, up by 213,000 tonnes, or 23%, from the previous week, according to data released by the country’s State Customs Service on Friday January 24.

Canada’s grain and oilseed exports totaled 906,000 tonnes during the week to January 19, a decrease of 262,500 tonnes, or 22%, from 1.17 million tonnes the previous week, according to data from the Canadian Grain Commission published on Friday January 24.

Speculators in the US corn market continued to amass long positions in the week to Tuesday January 21, sending the net long to the highest level in 140 weeks, while open interest in corn surged to its highest since July 2021, data from the Commodity Futures Trading Commission (CFTC) showed late on Friday January 24.

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

The Argentine government announced temporary cuts to export taxes, known as retenciones, for soybeans, soymeal, soyoil, sunflower, wheat, corn, sorghum and barley late on Thursday January 23.

Net sales of US soybean rose to 1.49 million tonnes during the week ended January 16, up by 162% from 569,100 tonnes a week earlier, and within market estimates, US Department of Agriculture (USDA) data showed on Friday January 24.

In the week to January 16, US 2024/25 net soybean meal sales and exports increased within analysts’ expectations, according to the latest figures released by the US Department of Agriculture on Friday January 24.

Canada’s grain and oilseed exports totaled 906,000 tonnes during the week to January 19, a decrease of 262,500 tonnes, or 22%, from 1.17 million tonnes the previous week, according to data from the Canadian Grain Commission published on Friday January 24.

Buenos Aires Grains Exchange (BAGE) has cut its estimates for Argentina’s soybean and corn output in 2024/25 due to the dryness in important producing areas of the country.

The cold front expected to arrive in the US on Thursday January 23 will bring frigid temperatures to the Plains and Midwest through Wednesday January 29. Thin snow cover in some areas raises concerns that winter wheat could be exposed to damaging cold.

Fastmarkets commits to publishing daily the bids, offers, indicative levels or other cash trading indications on any basis and geography related to any vital markets with strong ties with Ukraine.

The Argentine government announced temporary cuts to export taxes, known as retenciones, for soybeans, soymeal, soyoil, sunflower, wheat, corn, sorghum and barley late on Thursday January 23.

Russia lowered its export duties on wheat and corn for January 29-February 4, while the export duty on barley was raised, the country’s agriculture ministry said on Friday January 24.

Ukraine exported 1.13 million tonnes of grains during the week ended January 23, up by 213,000 tonnes, or 23%, from the previous week, according to data released by the country’s State Customs Service on Friday January 24.

Canada’s grain and oilseed exports totaled 906,000 tonnes during the week to January 19, a decrease of 262,500 tonnes, or 22%, from 1.17 million tonnes the previous week, according to data from the Canadian Grain Commission published on Friday January 24.

The cold front expected to arrive in the US on Thursday January 23 will bring frigid temperatures to the Plains and Midwest through Wednesday January 29. Thin snow cover in some areas raises concerns that winter wheat could be exposed to damaging cold.

Fastmarkets commits to publishing daily the bids, offers, indicative levels, or other cash trading indications on any basis and geography related to any vital markets with strong ties with Ukraine.

Just 11,400 tonnes of milling wheat were exported from Rouen in the week to Wednesday January 22, according to data released by French port operator Haropa on Thursday January 23.

Speculators in the US corn market continued to amass long positions in the week to Tuesday January 21, sending the net long to the highest level in 140 weeks, while open interest in corn surged to its highest since July 2021, data from the Commodity Futures Trading Commission (CFTC) showed late on Friday January 24.

Fastmarkets commits to publishing daily the bids, offers, indicative levels or other cash trading indications on any basis and geography related to any vital markets with strong ties with Ukraine.

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

The Argentine government announced temporary cuts to export taxes, known as retenciones, for soybeans, soymeal, soyoil, sunflower, wheat, corn, sorghum and barley late on Thursday January 23.

Russia’s export duty on sunflower oil reached another all-time high for February, increasing by 11.6% from January, while the export duty on sunflower meal decreased by 18% month on month, according to an update from the country’s Ministry of Agriculture on Friday January 24.

In the week to January 16, US 2024/25 net soybean meal sales and exports increased within analysts’ expectations, according to the latest figures released by the US Department of Agriculture on Friday January 24.

Indonesia’s palm oil exports in November 2024 were estimated at 2.637 million tonnes, according to figures from the Indonesian Palm Oil Association (Gapki) released on Friday January 24.

The cold front expected to arrive in the US on Thursday January 23 will bring frigid temperatures to the Plains and Midwest through Wednesday January 29. Thin snow cover in some areas raises concerns that winter wheat could be exposed to damaging cold.

Speculators in the US corn market continued to amass long positions in the week to Tuesday January 21, sending the net long to the highest level in 140 weeks, while open interest in corn surged to its highest since July 2021, data from the Commodity Futures Trading Commission (CFTC) showed late on Friday January 24.

Fastmarkets commits to publishing daily the bids, offers, indicative levels or other cash trading indications on any basis and geography related to any vital markets with strong ties with Ukraine.

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

The Argentine government announced temporary cuts to export taxes, known as retenciones, for soybeans, soymeal, soyoil, sunflower, wheat, corn, sorghum and barley late on Thursday January 23.

Russia’s export duty on sunflower oil reached another all-time high for February, increasing by 11.6% from January, while the export duty on sunflower meal decreased by 18% month on month, according to an update from the country’s Ministry of Agriculture on Friday January 24.

In the week to January 16, US 2024/25 net soybean meal sales and exports increased within analysts’ expectations, according to the latest figures released by the US Department of Agriculture on Friday January 24.

Canada’s grain and oilseed exports totaled 906,000 tonnes during the week to January 19, a decrease of 262,500 tonnes, or 22%, from 1.17 million tonnes the previous week, according to data from the Canadian Grain Commission published on Friday January 24.

Buenos Aires Grains Exchange (BAGE) has cut its estimates for Argentina’s soybean and corn output in 2024/25 due to the dryness in important producing areas of the country.