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The excess rain and soil humidity hindered the advance of soybean harvest in the Brazilian state of Rio Grande do Sul, according to a report by state agency Emater/RS on Thursday May 23.
In Argentina, soybean harvest made good progress week on week as a result of good weather, reducing delays, the Buenos Aires Grains Exchange (BAGE) said in its weekly crop report update on Thursday May 23.
Crude palm oil (CPO) futures in Malaysia were rangebound on Thursday May 23, borrowing strength from related vegoils but capped by weaker fundamentals.
US wheat futures advanced on Thursday May 23, with market participants continuing to express concern that cold and dry weather conditions in Russia and Ukraine will lead to significantly lower production of the grain.
Front-month soybean futures on the Chicago Mercantile Exchange returned to negative territory on Thursday May 23, pressured by products and external markets.
The Euronext rapeseed contract for November 2024 has surpassed €500 per tonne for the first time since last autumn.
US corn futures remained supported on Thursday May 23 due to higher weekly sales and exports, as well as production concerns out of competing regions such as South America and the Black Sea.
Brazil will experience more rain and storms in Rio Grande do Sul province...
The International Grains Council (IGC) has reduced its world grain production estimation for the 2023/24 marketing year by 4 million tonnes to 2.30 billion tonnes in its latest monthly report...
Ukraine’s spring grain planting progressed by another 4 percentage points to being 96% complete in the week ending Thursday May 23...
The German 12.5% FOB wheat APM basis assessment for July loading was assessed up €2 per tonne to a €9 per tonne discount to the September Euronext wheat contract...
The soybean CFR China (Brazil) basis assessment for July loading was assessed 8 c/bu lower at a premium of 164 cents per bushel to the July CME soybean futures contract...
Weekly volumes of sunflower oil declared for export from Ukraine in the week to May 22 increased by 25%, official data showed on Thursday May 23.
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Rouen milling wheat exports were down 68% on the week, to 35,200 tonnes in the week to Wednesday May 22, according to data released by port operator Haropa...
Indonesia’s palm oil exports in April were reported at 1.798 million tonnes, down by 1% from March but up by 10.8% year on year, according to cargo surveyor Intertek Testing Services (ITS) on Wednesday May 22.
US weekly soyoil net sales reductions totaled 1,000 tonnes in the week to May 16 and were below market expectations, while soyoil shipments reached a marketing-year high, according to data from the US Department of Agriculture released on Thursday May 23.
US weekly net sales of wheat for the 2023/24 crop year totaled 17,900 tonnes in the week to May 16, down by 77% from the previous week and by 61% from the prior four-week average, the USDA said on Thursday May 23.
US soybean net export sales for the 2023/24 crop year totaled 279,400 tonnes in the week to May 16, up by 5% from the previous week’s 428,900 tonnes, data from the US Department of Agriculture showed on Thursday May 23.
US weekly corn net sales totaled 911,200 tonnes for 2023/24 in the week to May 16, up by 23% from the previous week but down by 1% from the prior four-week average, according to USDA data released on Thursday May 23.