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US corn futures trended higher on Tuesday June 18 following a drop in weekly US crop ratings and amid low Chinese buying demand.
Winter crops in multiple Ukraine regions have been affected by contrasting weather patterns, the latest Monitoring Agricultural Resources (MARS) report showed on Tuesday June 18.
The soybean CFR China (Brazil) basis assessment for August loading was assessed 5 c/bu higher at a premium of 189 cents per bushel to the August CME soybean futures contract...
The German 12.5% FOB wheat APM basis assessment for August loading was assessed up €4 per tonne to a €7 per tonne discount to the December Euronext wheat contract...
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Weekly soybean imports into the EU totaled 169,995 tonnes in the week ended Sunday June 16, according to initial data from the European Commission released on Tuesday June 18.
The European Union's weekly wheat exports amounted to 267,292 tonnes in the week to Sunday June 16, according to initial data published by the European Commission on June 18.
Soybean crush volumes in Brazil’s largest agricultural-producing state, Mato Grosso, reached a monthly record of 1.16 million tonnes in May, the state’s agriculture institute IMEA said in its weekly bulletin late on Monday June 17.
Thailand’s Feed Millers’ Association (TFMA) has issued a fresh tender for up to 60,000 tonnes of feed wheat for August- September shipment, sources told Fastmarkets on Tuesday June 18.
Japan's agriculture ministry has issued an international tender to buy 84,667 tonnes of US, Canadian and Australian wheat for loading in August-September, according to an official note published by the ministry on Tuesday June 18.
South Korean feed importer Feed Leaders Committee (FLC) has picked up around 60,000 tonnes of soybean meal for December-arrival via a tender that concluded on Tuesday June 18, sources told Fastmarkets.
China’s corn imports in May fell by a further 11% from April to 1.05 million tonnes, figures from the country’s General Administration of Customs (GACC) released Tuesday June 18 showed, with the level the lowest seen since April 2023 when imports were 1 million tonnes.
US corn, soybean and barley crop conditions declined slightly in the week to Sunday June 16, while spring and winter wheat crop conditions improved slightly, the USDA’s weekly crop progress report showed on Monday June 17.
The harvesting of Brazil's second corn crop reached a 21% completion rate in the center-south of Brazil on Thursday June 13, the highest level on record, according to local consultancy Agrural.
Brazilian soybean exports totaled 7.3 million tonnes in the first two weeks of June, with wheat exports advancing year on year while corn and soyoil exports lagged, customs data showed late on Monday June 17.
Soyoil futures on the Chicago Mercantile Exchange were mixed on Monday June 17, with the front end of the curve increasing on lower-than-expected soyoil stocks in the US, higher crude oil prices and product-spreading dynamics.
US soybean crush totaled 183.6 million bushels in May, a 3.2% year-over-year increase and a May record, the country’s National Oilseed Processors Association (NOPA) showed on Monday June 17.
Soybean futures fell by double digits on Monday June 17 to their lowest in six weeks, pressured by lower meal futures and following wheat and corn losses amid a positive weather forecast for the US.
The German 12.5% FOB wheat APM basis assessment for August loading was assessed at a €11 per tonne discount to the December Euronext wheat contract...
The soybean CFR China (Brazil) basis assessment for August loading was assessed at a premium of 184 cents per bushel to the August CME soybean futures contract...