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Weekly US net export sales of soyoil rose by 43% in the week to June 13 and reached the highest level since the end of February, with fresh net commitments of 20,900 tonnes of soyoil reported by the USDA on Thursday June 21.
South Korean feed importer Major Feedmills Group (MFG) has purchased around 132,000 tonnes of corn for October arrival via a private deal on Friday June 21, sources told Fastmarkets.
Ukrainian farmers in the country’s southern regions have begun harvesting rapeseed for the first time this season, Fastmarkets heard on Friday June 21.
US soybean weekly export sales were up by 48% in the week to June 13 at 556,500 million tonnes from the previous week’s 377,100 tonnes, the USDA reported on Thursday June 21.
US wheat net sales in the week ending June 13 sailed past analysts' expectations to land at 589,700 tonnes, with Asian destinations dominating the buying, weekly data from the USDA showed on Friday June 21.
The Russian government has continued to push down the rate of its wheat export tax, leaving corn and barley duties at zero for the period June 26-July 2, the country’s Ministry of Agriculture reported on Friday June 21.
US weekly corn net sales of the 2023/24 crop totaled 511,400 tonnes in the week to June 13, down by 52% from the previous week and 48% from the prior four-week average, according to the latest data from the US Department of Agriculture published on Friday June 21.
The USDA’s local attaché in Mexico has increased its outlook for corn and wheat production in the October 2024-September 2025 marketing year based on producer expectations of a gradual recovery to average precipitation levels, following severe drought conditions during the current October 2023-September 2024 marketing year.
The pace of Ukraine’s weekly grain exports was down by 5% week on week and amounted to 890,000 tonnes declared, with the new crop imminent, government data showed on Friday June 21.
Julio Berdegué, the incoming Secretary of Agriculture and Rural Development (Sader) for Mexico, announced on Thursday June 20 that the new administration under President-elect Claudia Sheinbaum Pardo, which takes office on October 1, will prohibit genetically modified corn (GMO).
China imported 194,652 tonnes of palm olein in May, figures from the country’s General Administration of Customs (GACC) released Thursday June 20 showed.
Taiwan’s Flour Milling Association (FMA) booked 104,150 tonnes of US-origin milling wheat in a regular tender that closed on Friday June 21, trade sources told Fastmarkets.
EU oilseed processing volumes continued to decline in May, falling by almost 2.5% month on month, according to data from EU vegetable oils and protein flour association Fediol dated Thursday 20 June.
Ukrainian farmers have begun harvesting early grain crops, according to a notice on the Ministry of Agrarian Policy of Ukraine’s website dated Friday June 21.
French soft wheat growing conditions remained stable in the week to June 17, while planting of the corn crop rose to 99%, according to a weekly crop report from French farm agency FranceAgriMer on June 21.
China’s imported soybean auction held on Friday June 21 saw around 182,700 tonnes sold out of the 993,800 tonnes offered, yielding a clearance rate of 18.38%, sources told Fastmarkets.
South Korean feed importer Feed Leaders Committee (FLC) concluded its buy tender for corn on Friday June 21, picking up around 66,000 tonnes of the grain for arrival around October 25, sources told Fastmarkets.
Canada's grain and oilseeds exports rose by 1% in the week ended Sunday June 16 and amounted to 710,300 tonnes, data from the Canadian Grain Commission released on Friday June 21 shows.
South Korean feed importer Feed Leaders Committee (FLC) is in the market for up to 69,000 tonnes of corn for arrival in October via a buy tender, sources told Fastmarkets on Friday June 21.