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The Russian corn harvest progressed by 10 percentage points to 82% of the total planned area in the week ended Tuesday November 5, with current corn yields remaining below the five-year average, according to data seen by Fastmarkets on Wednesday November 6.
The winter grain sowing campaign in Ukraine advanced by 5 percentage points to 95% complete in the week ended Monday November 4, with 4.9 million hectares planted out of the 5.18 million ha planned for 2025/26, the country’s Ministry of Agrarian Policy has said.
Freight rates for vessels carrying palm oil cargoes within Asia were steady in the week to Wednesday November 6, on still lackluster sentiment due to limited inquiries and concerns caused by typhoons in Northeast Asia the past week, sources told Fastmarkets.
South Korean flour milling association Kofmia purchased around 50,000 tonnes of US-origin milling wheat of various grades in a tender concluded on Wednesday November 6, sources told Fastmarkets.
Brazilian soybean sowing reached 53.3% of the projected area of 47.3 million hectares in the week to November 3, a weekly advance of 15 percentage points, and surpassed the 48.4% completion rate from a year earlier, the country’s food agency Conab said in its weekly crop progress report late on Monday November 4.
Vegoil futures fell across most markets and regions on Tuesday November 5 under pressure from profit-taking and while market participants waited for early indications of who may take the lead in the US presidential election.
Soybean futures were up on the Chicago Mercantile Exchange on Tuesday November 5 amid a lower US Dollar Index and stronger crude oil. Market participants were awaiting the results of the US presidential election and the US Federal Reserve's decision on interest rates.
US corn futures trended higher on Tuesday November 5 due to active demand, with gains limited by good harvest pace.
US wheat futures advanced on Tuesday November 5, with traders covering shorts as US voters headed to the polls to decide whether Vice President Kamala Harris or former President Donald Trump will be the country’s next President. Meanwhile, European futures were unchanged.
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.
The German 12.5% FOB wheat APM for December loading was assessed at an €13 per tonne premium over the December Euronext contract...
The EU imported a total of 46,007 tonnes of soybeans in the week ended Sunday November 3, pushing the yearly total to 4.03 million tonnes, which is a 2% increase compared with the previous year, based on preliminary data from the European Commission.
The European Union's weekly wheat exports amounted to 282,478 tonnes in the week to Sunday November 3, according to initial data from the European Commission released on Tuesday November 5.
Sentiment among US agricultural producers bounced in October, with the main driver of the improvement being an increase in producers’ confidence in the future, the Purdue University/CME Group Ag Economy Barometer survey showed on Tuesday November 5.
Jordan’s state grain importer has booked 60,000 tonnes of milling wheat for shipment in the first half of February, trade sources told Fastmarkets on Tuesday November 5.
Japan's Ministry of Agriculture has issued an international tender for the purchase of 121,790 tonnes of wheat from the US, Canada, and Australia for loading in December-February, an official note published by the ministry on Tuesday November 5 shows.
October sunflower processing in Ukraine increased month on month and year on year, despite a poor sunflower harvest, high costs for the product and complaints from processors of a lack of raw materials and minimal processing margins, sources told Fastmarkets on Tuesday November 5.
The soybean CFR China (Brazil) basis assessment for December shipment was assessed...
The Egypt’s General Authority of Supply Commodities (GASC) has purchased 290,000 tonnes of milling wheat at $257.34 per tonne FOB and $274.88 per tonne CIF on average, sourced from Ukraine, Bulgaria and Romania in a tender which closed late on Monday November 4, sources told Fastmarkets.
The pace of the US corn harvest exceeded the five-year average and the expectations of market analysts in the week ended November 3, while the condition of the winter wheat crop improved, the US Department of Agriculture’s weekly crop report showed on Monday November 4.