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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...
Egypt's state buyer GASC canceled the international tender it had launched to buy at least 30,000 tonnes of overseas soyoil while securing 25,000 tonnes of the vegetable oil domestically, sources told Fastmarkets on Monday June 24.
Export inspections of US soybeans were up by 0.3% to 342,293 tonnes during the week to Thursday June 20, compared with the 341,170 tonnes recorded a week earlier, data from the US Department of Agriculture showed on Monday June 24.
Export inspections of US corn decreased by 19% to 1.12 million tonnes during the week to Thursday June 20, down from 1.38 million tonnes during the previous week, data from the US Department of Agriculture (USDA) showed on Monday June 24.
Export inspections of US wheat declined by 16.4% to 342,692 tonnes during the week to Thursday June 20, from 410,064 tonnes the previous week, according to data from the US Department of Agriculture released on Monday June 24.
The soybean CFR China (Brazil) basis assessment for August loading was assessed 2 c/bu lower at a premium of 182 cents per bushel to the August CME soybean futures contract...
Second corn crop (safrinha) harvest works advanced 13 percentage points in the week and reached 34% of the projected planted area in the center-south of Brazil as of June 20, Agrural said on Monday June 24.
Indonesia’s palm oil exports in April fell by 15% compared with March to 2.18 million tonnes, according to figures from the Indonesian Palm Oil Association (Gapki) released on Monday June 24.
Egypt's state buyer GASC, launched an international tender for the purchase of vegetable oil on Saturday June 22, seeking cargoes to be delivered between August 10 and 25 and/or from August 26 to September 10, sources told Fastmarkets.
South Korean feed importer Korea Feed Association (KFA) picked up around 66,000 tonnes of corn for October-arrival via a private deal late on Friday June 21, sources told Fastmarkets.
The Russian export duty for July is set to remain at zero, while that of sunflower meal will decrease by 42%, the Russian Ministry of Agriculture said in a statement published on its website on Friday, June 21.
The US has allowed the import of used cooking oil (UCO) from Brazil, the South American country's government announced on Thursday June 20 after the US accepted Brazil's international sanitary certification.
Crude palm oil (CPO) futures fell on Friday June 21, erasing most of the gains from the previous two days, with pressure coming from weaker related vegoils amid limited bullish factors to keep prices in positive territory.
The USDA’s cattle on feed report released on Friday June 21 estimated the number of cattle in the nation’s feedlots at 11.58 million head as of June 1, above market estimates but below last year’s 11.59 million head.
Soybean futures regained some strength on Friday June 21 after the previous session's double-digit losses and ended the week in positive territory with support from products.
Following heavy rains in Texas, Oklahoma and Kansas, the US hard red winter (HRW) harvest has resumed, while record temperatures are accelerating the soft red winter (SRW) harvest, the latest harvest report from the US Wheat Associates (USWA) showed on Friday June 21.
Chicago wheat futures across all classes moved down on Friday June 21 on a lack of supportive news while the US harvest continues to progress.
US corn futures were steady to lower on Friday June 21 on weakening net sales reported by the USDA and a firmer US dollar.
Fastmarkets’ weekly recap of the main movements in global cash markets.
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...