Meals
Market News
A cargo of soymeal bound for export from Louis Dreyfus Company (LDC) was returned for reprocessing to the company’s plant in Ponta Grossa, in the southern Brazilian state of Paraná, where it was originally processed, the company said in a statement sent to Fastmarkets on Thursday January 30.
Canada’s grain and oilseed exports totaled 894,060 tonnes during the week to January 26, a decrease of 11,400 tonnes, or 1%, from 906,000 tonnes the previous week, according to data from the Canadian Grain Commission published on Friday January 31.
A cold snap is expected to sweep across parts of the US in the week beginning Thursday January 30, putting winter wheat at risk if protective snow cover remains thin.
Argentina’s soybean planting is now complete following a 0.8 percentage point weekly advance in the week to Wednesday January 29, according to the Buenos Aires Grains Exchange (BAGE)'s weekly crop report update released on Thursday January 30.
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.
Ukrainian weekly exports of sunflower meal and sunflower oil increased in the week to January 29, while exports of soybeans and rapeseed decreased, data from the Ministry of Agrarian Policy showed on Thursday January 30.
Sand has been detected in 51 soymeal truck cargoes during an inspection in the sorting yard of the Port of Paranaguá, in the southern Brazilian state of Paraná, according to a statement from the state’s port authority Portos do Paraná sent to Fastmarkets on Tuesday January 28.
Euronext's commitment of traders report in the week to January 22 showed that bearish sentiment remained for wheat futures on the exchange, while long positions were slightly higher week on week, narrowing the net-short position.
Meals
Corporate News
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...
Russian president Vladimir Putin has signed a document that confirms his government has officially seized the assets of Russia-based company Agroterra, wresting control from the company's owner, US-headquartered investment company NCH Capital.
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...
China's average hog price dropped by 1.4% and 36.6% on the week and year last week, respectively...
China’s weekly soybean crush level dropped by almost 4% from the previous week to 1.7 million mt last week as many crushers continued to suspend operations due to a lack of soybeans...
Meals
Policy News
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.
The Turkish government is to further reduce import duties on sunflower seeds from the start of 2025 to bolster support local farmers, according to an announcement in the Official Gazette of the Republic of Turkey.
The Ukrainian government has released the minimum export prices for a list of agricultural goods in an official document from the country’s Ministry of Agrarian Policy and Food seen by Fastmarkets on Monday November 11.
Russia’s sunflower oil export duty has risen above zero for the first time in 18 months, while the sunflower meal export duty has reached its highest since April 2024, according to an update from the country’s Agriculture Ministry on Friday October 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.
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.
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.