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Exports of Australian wheat fell by 28% month on month in April to 1.86 million tonnes, with China retaining its position as the leading importer, data from the Australian Bureau of Statistics showed on Thursday June 6.
South Korean buyers continued to shop for corn, with two major buyers picking up additional October arrival cargoes in private deals on Wednesday June 5, sources told Fastmarkets.
Brazilian soybean exports totaled dropped by 7.3% year on year in May, and are also expected to post another decline in June, the country´s grain exporters association Anec said in its latest report released on Wednesday June 5.
Sales of Argentine new crop soybean rose in the week to May 29 while corn and wheat dropped, according to data released by the country’s agriculture secretariat late on Wednesday June 5.
Dry bulk freight rates for Panamax vessels edged slightly lower in the week to Wednesday June 5, reaching two-month lows due to lukewarm demand for grains and oilseeds in South America and falling crude oil prices.
Crude palm oil (CPO) futures slipped further in Malaysia on Wednesday June 5 amid a weaker vegoil complex, with trading remaining cautious ahead of key supply and demand data expected early next week.
Front-month July soybean futures moved downward for the sixth session in a row on Wednesday June 5 amid pressure from soyoil prices.
Chicago wheat futures dropped to a three-week low on Wednesday June 5 due to speculation that weather-related damage to the Russian grain crop has been priced in, as well as increasing signs that US and Australian farmers will reap healthy harvests this year.
Soyoil premiums in Argentina reached their highest point since July 2022 on Monday June 3 after consistently increasing over the past weeks on a combination of slow farmer sales, lack of natural gas to operate crushing facilities, and the need to fill vessels previously contracted for export, according to Fastmarkets’ assessments and intel from on-the-ground sources.
US corn futures moved lower on Wednesday June 5, with nearly complete planting progress and an overall good fieldwork weather forecast.
The German 12.5% FOB wheat APM basis assessment for July loading was assessed up by €3 per tonne to a €5 per tonne discount to the September Euronext wheat contract...
The European Bank for Reconstruction and Development (EBRD) has agreed to €300 million ($326 million) in additional funding to support Ukraine’s energy security, it announced in a statement on Wednesday June 5.
The soybean CFR China (Brazil) basis assessment for July loading was assessed 7 c/bu higher at a premium of 172 cents per bushel to the July CME soybean futures contract...
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.
Euronext's commitment of traders report in the week to May 31 showed a continued gain in the number of long positions in wheat futures, further extending the contract’s net-long position on the exchange.
US weekly ethanol production increased by 4,000 barrels per day to 1.072 million bpd in the week ended May 31, according to...
Freight rates for vessels carrying palm oil cargoes from Southeast Asia to key destination markets have inched up marginally from last week, with a steady volume of vessel inquiries for June shipment, Fastmarkets heard on Wednesday June 5.
China’s soybean crush volume rose by 150,000 tonnes to 2.16 million tonnes over the week to Friday May 31 compared with the previous week, amid rising utilization rates among crushers, according to data from the China National Grain and Oil Information Centre (CNGOIC).
Chinese authorities will offer roughly 1.02 million tonnes of imported soybeans for auction on Thursday June 13, according to a notice issued by the country’s National Grain Trade Center (NGTC) on Wednesday June 5.
Algeria’s state-backed grain importing agency OAIC has purchased at least 840,000 tonnes of optional original wheat for August delivery, paying $279-279.50 per tonne on average, in a tender closed Tuesday June 4, sources told Fastmarkets.