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Chicago wheat futures advanced to the highest level since July on Tuesday May 21 on concerns that frost damage in Russia and Ukraine will slash the grain exporters’ production and after US crop ratings were slightly downgraded.
US corn futures fell on Tuesday May 21 due to weekly crop progress that exceeded market expectations, gaining 21 percentage points week on week.
South Korean feed importer Korea Feed Association (KFA) picked up one cargo of soybean meal on Tuesday May 21 from trading house Cofco, trade sources have told Fastmarkets.
Russian spring grain planting progressed another 16.5 percentage points to 54.5% complete through the week ended Tuesday May 21, according to agriculture ministry data...
Fastmarkets commits to publishing on a daily basis the bids, offers, indicative levels or other cash trading indications...
The German 12.5% FOB wheat APM basis assessment for July loading was assessed up €1 per tonne to a €10 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 175 cents per bushel to the July CME soybean futures contract...
Weekly soybean imports into the EU totaled 265,771 tonnes in the week ended May 5, according to initial data from the European Commission released on Tuesday May 21.
The EU's weekly wheat exports amounted to 40,790 tonnes in the week to May 3, according to initial data from the European Commission released on Tuesday May 21.
Tunisia's state grain importer has issued an international tender to buy 100,000 tonnes of milling wheat for shipment in June, according to a document seen by Fastmarkets on Tuesday May 21.
Tang Renjian, the minister of China’s Ministry of Agriculture and Rural Affairs, has been put under investigation by the country’s anti-corruption watchdog...
Malaysia’s exports of palm oil for the first 20 days of May were down by 8% from a month earlier at 768,228 tonnes, figures from cargo surveyor Intertek Testing Services (ITS) show.
Chinese authorities will offer 1.01 million tonnes of imported soybeans for auction on Thursday May 23, according to a notice issued by the country’s National Grain Trade Center (NGTC) on Monday.
US corn, soybean and spring wheat planting advanced at a faster pace than expected in the week to Sunday May 19 but trailed prior-year levels, the USDA’s weekly crop progress report showed on Monday May 20.
Brazilian soybean exports totaled 8.2 million tonnes in the first three weeks of May versus 15.58 million tonnes in the whole month of May 2023, customs data showed on Monday May 20.
US biofuel groups have reacted to a petition that has been lodged with the US Supreme Court. The petition challenges a lower court’s decision that it was itself able to consider an appeal from conventional oil refiners over a long-running complaint focusing on small refinery exemptions (SREs).
US and European wheat prices surged on Monday May 20 after a report about frost damage to Ukrainian crops bolstered speculation that the harm to Russian yields is more serious than previously believed.
Crude palm oil (CPO) futures in Malaysia edged upward on Monday May 20, tracking strength in the wider vegoil complex.
Soybean front-month futures on the Chicago Mercantile Exchange (CME) surged on Monday May 20 on strong wheat gains and an uptrend in soybean product futures.
US corn futures went up on Monday May 20 on spilled-over strength in the wheat market following reports of frost in Ukraine, adding to supply concerns out of the Black Sea.