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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.
Sunflower prices in the key Black Sea market of Ukraine have gained an average of 10% since the start of May to their highest level since April 2022, with low sunflower stocks and high competition for raw materials forcing crushers to increase prices to cover processing capacity despite low margins, sources said.
The German 12.5% FOB wheat APM basis assessment for July loading was assessed unchanged at an €11 per tonne discount to the September Euronext wheat contract...
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...
Export inspections of US soybeans dropped by 57.48% to 184,128 tonnes during the week to Thursday May 16, compared with 433,105 tonnes a week earlier, landing below market participants’ estimates, data from the US Department of Agriculture showed on Monday May 20.
Weekly export inspections of US corn were up by 21% to 1.21 million tonnes in the week to May 16 from 1 million tonnes recorded in the previous week, data from the USDA showed on Monday May 20.
Export inspections of US wheat tumbled 46.3% to 205,612 tonnes during the week to Thursday May 16 from 383,058 tonnes the previous week, according to data from the US Department of Agriculture released on Monday May 20.
China imported 5.92 million tonnes of soybeans from Brazil in April, figures from the country’s General Administration of Customs (GACC) showed on Monday May 20...
Speculators in the US corn and wheat markets disposed of shorts and added longs in the week ended Tuesday May 14, while the soybean market experienced declines in both shorts and longs, a report from the Commodity Futures Trading Commission (CFTC) showed late on Friday May 17.
US wheat prices declined on Friday May 17 on signs that Kansas will have a better-than-expected hard red winter (HRW) harvest, while market participants shrugged off worries about the effect of dry weather and frost on crops in Russia, the world’s largest exporter of the grain.
Crude palm oil (CPO) futures in Malaysia made robust gains on Friday May 17 due to stronger Chinese vegoil futures.
US corn futures remained under pressure on Friday May 17 for the fourth consecutive day this week, on improved drought conditions in key growing areas and bearish USDA figures reported throughout the week, including decreased weekly inspections, net sales and exports.
Soybean front-month futures on the Chicago Mercantile Exchange (CME) firmed on Friday May 17 following rain in the US, lingering concerns around floods in southern Brazil and higher soyoil prices.
Fastmarkets’ weekly recap of the main movements in global cash markets.
The US hard red winter (HRW) wheat harvest in Texas slowed due to rain, while hard red spring (HRS) and durum crops continues at a steady clip, this year’s second weekly harvest report update from the US Wheat Associates (USWA) showed on Friday May 17.
The German 12.5% FOB wheat APM basis assessment for July loading was lowered by €4 per tonne to a €11 per tonne discount to the September Euronext wheat contract...
The Russian Grain Exporters Union has released its first weekly forecast for the country’s grain export and production for the 2024/25 marketing year, given the “weather cataclysms” affecting the crops...
Fastmarkets commits to publishing on a daily basis the bids, offers, indicative levels or other cash trading indications...
EU oilseed crushing volumes fell in April after hitting record levels in January and March — down 3% from March, data from EU vegetable oils and protein flour association Fediol showed on Friday May 17.
The soybean CFR China (Brazil) basis assessment for July loading was assessed unchanged at a premium of 165 cents per bushel to the July CME soybean futures contract...