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South Korean feed importer Major Feedmill Group (MFG) concluded a buy tender for feed corn on Thursday May 23, picking up around 271,000 tonnes of the grain for arrival in September and October...
China’s imported soybean auction held on Thursday May 23 had around 149,319 tonnes sold out of the 893,228 tonnes offered, yielding a clearance rate of 16.72%...
South Korean feed importer Major Feedmills Group (MFG) has issued a buy tender for optional-origin corn for September arrival, trade sources told Fastmarkets on Thursday May 23.
Brazil´s second corn crop is expected to reach 96.7 million tonnes, down by 10.7% year on year due to lower estimates for Mato Grosso do Sul and Paraná, local consultancy Agroconsult said on Wednesday May 22.
Soyoil futures prices rose on the Chicago Mercantile Exchange on Wednesday May 22, recovering from the previous day’s losses amid stronger soybean futures, but gains were limited by losses in crude oil futures.
Turkish state-owned grains agency TMO has awarded two cargoes in a rare durum wheat export tender to Italy-based durum wheat company Casillo, trade sources told Fastmarkets on Wednesday May 22.
China was said to have bought two, or as many as six, soybean cargoes out of the US Pacific Northwest (PNW) in recent days, local sources told Fastmarkets on Wednesday May 22.
Tunisia’s state grain importer Office des Cereales (ODC) has bought 100,000 tonnes of milling wheat for June shipment in an international tender awarded on Wednesday May 22.
US wheat futures fell marginally on Wednesday May 22 after recently surging to multi-month highs on concerns that Russian wheat production would decline due to frost in growing regions.
Front-month soybean futures on the Chicago Mercantile Exchange rebounded on Wednesday May 22 with support from the uptrend in soymeal and soyoil.
US corn futures gained support on Wednesday May 22 following severe weather a day earlier in parts of the Midwest where corn planting was concluding, mainly in Iowa, Nebraska, Minnesota southern Wisconsin and South Dakota.
Freight rates decreased again in the week to Wednesday May 22, with ongoing pressure from weak demand and an oversupply of shipping in the Atlantic.
The German 12.5% FOB wheat APM basis assessment for July loading was assessed down €1 per tonne to a €11 per tonne discount to the September Euronext wheat contract...
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The soybean CFR China (Brazil) basis assessment for July loading was assessed 3 c/bu lower at a premium of 172 cents per bushel to the July CME soybean futures contract...
Euronext's commitment of traders report in the week to May 17 showed a sharp cut in short positions in wheat futures, further growing the contract’s net-long position on the exchange.
US weekly ethanol production increased by 19,000 barrels per day, or 2%, to 1.02 million bpd in the week to Friday May 17, according to data published by the US Energy Information Administration (EIA) on Wednesday May 22.
China’s soybean crush volume climbed by 90,000 tonnes to 1.89 million tonnes in the week to Friday May 17 from the previous week, amid continued rising utilization rates among crushers...
The second corn crop harvest in the Brazilian state of Paraná has started, reaching 2% completion despite dryness, according to data published by state agency Deral on Tuesday May 21...
Crude palm oil (CPO) futures in Malaysia fell on Tuesday May 21 amid position taking ahead of a holiday closure and continued indications of higher production volumes in May.