Latest News
Grain volumes declared for export out of Ukraine totaled 942,000 tonnes during the week to Friday June 14, according to data from the country’s State Customs Service.
The Ukrainian agriculture ministry has updated its forecast for grains and oilseeds production for the 2024/25 marketing year, raising corn, wheat and sunflower seeds figures, while also giving projections for exports, an official note on the ministry’s website showed on Friday June 14.
French soft wheat growing conditions remained stable in the week to Monday June 10, while planting of the corn crop rose to 97%, according to a weekly crop report from French farm agency FranceAgriMer on Friday June 7.
The soybean and corn harvests were virtually completed and wheat sowing was resumed in Brazil´s Rio Grande do Sul state due to sunny and hot weather, according to a report by state agency Emater/RS on Thursday June 13.
Argentina's wheat production is expected to reach 21 million tonnes in 2024/25, up 44.8% from last year's 14.5 million tonnes, the Rosario Grains Exchange (BCR) said in its monthly report on Thursday June 13, in its first estimate for the country's new wheat crop.
Wheat stocks in India are “sufficient” and wheat prices are being monitored, according to a document released by the country’s Ministry of Consumer Affairs, Food and Public Distribution on Thursday June 13, and seen by Fastmarkets.
Egypt’s state-backed General Authority for Supply Commodities (GASC) has awarded a buy tender of soybean oil to the trading arm of South Korean conglomerate Posco.
Crude palm oil (CPO) futures closed marginally lower on Thursday June 13 following two days of gains amid pressure from a weaker energy complex and a stronger ringgit.
Front-month July soybean futures rebounded on Thursday June 13 with support from crude oil and soymeal, amid new US flash sales.
Argentina’s wheat planting neared the halfway point in the week ended Wednesday June 12, the Buenos Aires Grains Exchange (BAGE) said in its weekly crop report update on Thursday June 13.
Taiwanese feed production group MFIG has picked up a 65,000 tonne yellow corn cargo from Brazil for August shipment in its tender closed on Thursday June 13, sources told Fastmarkets.
US and European wheat futures were mixed on Thursday June 13, while market participants continue to digest USDA reports and India’s announcement that domestic supplies are sufficient, as well as keeping an eye on the weather in Russia’s crop-growing regions.
US corn futures moved up on Thursday June 13 on tighter global ending stocks reported in the USDA’s World Agricultural Supply and Demand Estimates (WASDE) June report, with gains capped by lower exports and improved drought conditions.
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.
Australian winter crops were likely to benefit from the amount of rainfall that has been seen over the week ending Thursday June 13 and that has been forecast for the next few days, with a bias toward the country’s southern regions.
The soybean CFR China (Brazil) basis assessment for July loading was assessed 3 c/bu lower at a premium of 169 cents per bushel to the July CME soybean futures contract...
The Ukrainian government is preparing to implement a minimum export price mechanism as it takes another step toward re-exerting control over a non-official trade in exports of grains and oilseeds, according to an official note published on Ukraine's agriculture ministry website early on Thursday June 13.
US net export sales of soyoil rose 143% in the week to June 6 and were the highest since mid-April, with fresh net commitments of 14,600 tonnes of soyoil reported by the USDA on Thursday June 13.
Brazil’s food agency Conab increased its second corn crop production forecast and decreased its soybean output estimates in its monthly supply and demand estimates update for the 2023/24 crop year, released on Thursday June 13.
Activity at France’s main grain export hub of Rouen slowed by 48% week on week to 115,474 tonnes of grain in the week to Wednesday June 12, mainly due to the lack of shipments to key destinations such as China and Morocco, data from French port operator Haropa showed.