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Japan's Ministry of Agriculture, Forestry and Fisheries (MAFF) has issued an international tender for the purchase of 103,767 tonnes of wheat from the United States, Canada, and Australia for loading in August-September, a note published by the ministry showed on Tuesday June 4.
Soybean crop loss in Brazil´s Rio Grande do Sul is calculated at an average 1.8 million tonnes, reducing the country´s soybean output projection to 148.4 million tonnes after the state was hit by heavy rains and flooding in early May, local consultancy Céleres said on Monday June 3.
US corn, soybean and spring wheat planting advanced at a slower pace than expected in the week to Sunday June 2, the USDA’s weekly crop progress report showed on Monday June 3.
Egypt’s General Authority for Supply Commodities (GASC) is expected to issue a tender on Tuesday June 4 to buy wheat, looking for two July shipment windows, trade sources told Fastmarkets late on Monday June 3.
With Argentina’s corn exports to China set to begin in July, analysts and market participants project a slow start with minimal immediate effect, but long-term ramifications remain uncertain and could become more significant starting from the next crop.
Corn consumed for alcohol and other uses in the US totaled 466 million bushels (11.84 million tonnes) in April, down by 11% from the previous month and compared with the 468 million bu reported a year earlier, according to the USDA's monthly Grain Crushings and Co-Products Production report released on Monday June 3.
Fastmarkets is committed 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.
Crude palm oil (CPO) futures trading was absent on Monday June 3, with the Bursa Malaysia exchange closed for a national holiday and trading to resume on June 4.
US corn futures moved lower on Monday June 3 amid good corn planting progress, projected to remain above the five-year average, with losses capped by a USDA flash sale announced to Spain and higher weekly inspections.
Front-month July soybean futures posted double-digit losses on Monday June 3, trading below the $12 per bushel level on the Chicago Mercantile Exchange for the first time since May 2, with pressure from crude oil and products.
US wheat futures decreased on Monday June 3, erasing early gains while traders awaited fresh weather information from Russia and Ukraine before making substantial bets in the market.
The German 12.5% FOB wheat APM basis assessment for July loading was assessed unchanged at a €9 per tonne discount to the September Euronext wheat contract...
The soybean CFR China (Brazil) basis assessment for July loading was assessed 3 c/bu higher at a premium of 161 cents per bushel to the July CME soybean futures contract...
Weekly export inspections of US corn increased by 21.6% to 1.37 million tonnes in the week to May 30 from the 1.1 million...
Export inspections of US wheat increased by 4.3% to 416,010 tonnes during the week to May 30 from 398,904 tonnes the previous week, according to data from the US Department of Agriculture released on Monday June 3.
Export inspections of US soybeans were up by 57% to 348,644 tonnes in the week ending May 30, from the 221,997 tonnes recorded a week earlier, data from the US Department of Agriculture (USDA) showed on Monday June 3.
The Danube ports' share of agriculture exports from Ukraine continued to decline in May, along with a slight decrease in overall volumes leaving the country while the marketing year approaches its finish, official data from agriculture ministry showed on Monday June 3.
South Korean feed importer Korea Feed Association (KFA) has made private bookings for as much as 65,000 tonnes of optional-origin corn for September delivery, trade sources told Fastmarkets on Monday June 3.
Australia’s planting area will increase in the 2024/25 marketing year but crop production will remain dependent on the La Nina weather pattern in the second half of 2024, Rabobank said in its latest 2024/25 outlook report.
Algeria’s state-backed grain importing agency OAIC is expected to close a tender to buy a nominal 50,000 tonnes of wheat on Tuesday June 4, according to a document seen by Fastmarkets.