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Corn-based ethanol production in Brazil’s largest agricultural-producing state, Mato Grosso, increased by 39% year on year to 4.54 billion liters in the 2023/24 season ended in March, the state’s agriculture institute IMEA said in its weekly bulleting late on Monday April 29.
Brazil’s soybean harvest advanced by 3.7 percentage points in the week to Sunday April 28, reaching 90.5% of the 45.2 million hectare projected area...
Indonesia has raised its crude palm oil (CPO) reference price for May to $877.28 per tonne, up from $857.62 per tonne in April...
Hog prices in China have risen this year, with the country’s bid to reduce the number of breeding sow and hog supplies seeing results...
South Korean buyer Major Feedmills Group (MFG) has selected as much as 134,000 tonnes of corn for August arrival in a tender that was closed today, after a discount was given...
Turkish Grain Board (TMO) sold 100,000 tonnes of durum wheat for shipment between May 20 and June 12 in a tender that closed on Tuesday April 30...
South Korean buyer Major Feedmill Group (MFG) has returned for another batch of corn purchases, for August arrival, trade...
The Brazilian soybean output estimate rose to 147.9 million tonnes in the 2023/24 crop year, still an 8% decline from the previous crop´s record, while total corn crop production was increased to 15.8 million tonnes, local consultancy Datagro said on Monday April 29.
Brazilian soybean exports totaled 12.8 million tonnes in April, a 10.5% year-on-year decline, while soymeal shipments increased by 32.5%, data from the country’s customs department showed on Monday April 29.
US corn, soybean, spring wheat and barley planting advanced above last year's pace and their respective five-year averages in the week to Sunday April 28 due to improved topsoil and subsoil moisture conditions, the USDA’s weekly crop progress report showed on Monday April 29.
Reports that the US government is poised to release new guidelines regarding the use of corn-based ethanol as a feedstock for sustainable aviation fuel (SAF) failed to generate any response in Chicago corn futures on Monday April 29, with trade sources pointing to “many hurdles” still ahead.
Crude palm oil (CPO) futures inched up on Monday April 29, aided by strength in related vegoils, though trading was cautious with the market waiting further indications for April’s supply and demand performance while Chicago soyoil prices faced headwinds due to surging soymeal quotations.
After posting large gains in the week to Friday April 26, US wheat futures the Chicago Mercantile Exchange trended lower on tactical selling and forecasts for increased rain across US growing areas and southern Russia.
The soybean CFR China (Brazil) basis assessment for June loading was assessed unchanged...
The German 12.5% FOB wheat APM basis assessment for June loading was assessed down €0.50 per tonne to a €2 per tonne premium to the September Euronext wheat contract...
Soybean futures on the Chicago Mercantile Exchange (CME) rose on Monday April 29, supported by soymeal gains following the beginning of a strike in Argentinian crushing plants.
US corn futures moved down on Monday April 29 on lower weekly inspection numbers reported by the USDA, with losses capped by rain forecasts projected to slow fieldwork in the week ahead, and a possibility of lower revisions for South American production.
Export inspections of US corn decreased by 26% to 1.23 million tonnes in the week to Thursday April 25, from the 1.66 million tonnes recorded in the previous week...
Export inspections of US wheat increased by 7% to 481,183 tonnes during the week to Thursday April 25 from 450,323 tonnes the previous week...
Export inspections of US soybeans were down by 44% to 250,332 tonnes in the week to Thursday April 25 from the 443,508 tonnes recorded a week earlier...