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The German 12.5% FOB wheat APM basis assessment for August loading was assessed unchanged at a €6 per tonne discount to the December Euronext wheat contract...
The soybean CFR China (Brazil) basis assessment for August loading was assessed 2 cents per bushel higher...
Export inspections of US soybeans landed within market estimates at 303,023 tonnes during the week to Thursday June 27, a 13.4% dip from 349,884 tonnes recorded a week earlier, data from the US Department of Agriculture showed on Monday July 1.
Export inspections of US wheat declined by 10% to 309,775 tonnes in the week to Thursday June 27, from 343,672 tonnes the previous week, according to data from the US Department of Agriculture released on Monday July 1.
Export inspections of US corn decreased by 29% to 819,577 tonnes during the week to Thursday June 27, down from 1.15 million tonnes during the previous week, data from the USDA showed on Monday July 1.
Second corn (safrinha) harvest works in the center-south of Brazil remained at a fast pace in the week to June 27, underpinned by dry and hot weather conditions, local consultancy Agrural said on Monday July 1.
Saudi Arabia’s General Food Security Authority (GFSA) has purchased only half of the amount of September-December wheat it was looking for, paying an average of $263.35 per tonne CFR, according to an official note on its website on Monday July 1.
The Russian government has changed its tax calculation formula on wheat exports, bringing it down significantly for the July 3-9 period, the country's Ministry of Agriculture said on Friday June 28.
Investors in the US agricultural sector accumulated short positions in all major markets, boosting their net short positions in the week to June 25, data from the Commodity Futures Trading Commission (CFTC) showed late on Friday June 28.
Brazil's Rio Grande do Sul wheat cropis projected at 4.06 million tonnes for 2024 , a 55.27% increase from 2.6 million tonnes in the previous crop year, state agency Emater/RS said in its first estimate for the winter crop on Friday June 28.
Crude palm oil (CPO) futures in Malaysia rose for the third consecutive day on Friday June 28 on gains in vegetable oil futures in Asian markets.
Farmers pushed forward with the US hard red winter (HRW) harvest this week amid unsettled weather, while the soft red winter (SRW) harvest advanced quickly, the latest harvest report from the US Wheat Associates (USWA) showed on Friday June 28.
US and European wheat prices dropped on Friday June 28 after US government reports showed that the country’s wheat stocks exceeded expectations while farmers reduced the acreage planted with the grain.
US corn futures plunged by double digits on Friday June 28 following bearish USDA reports.
Soybean futures rebounded slightly on Friday June 28, backed by bargain buying after trading at multi-year lows on the previous day, but they gave away part of the earlier gains after the USDA’s acreage and quarterly stocks reports were published.
The quarterly US Grain Stocks update, released on Friday June 28, revealed higher year-on-year stocks for corn, wheat and soybeans, with all figures exceeding market estimates shared by analysts before the release.
US corn and wheat planted areas were down year on year, but the soybean estimated planted area increased, according to the USDA Acreage report released on Friday June 28.
The German 12.5% FOB wheat APM basis assessment for August loading was assessed unchanged at a €6 per tonne discount to the December Euronext wheat contract...
Fastmarkets’ weekly recap of the main movements in global cash markets.
Grain volumes declared for export out of Ukraine totaled 1.6 million tonnes during the week to Friday June 28, according to data from the country’s State Customs Service.