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The average trade guess calls for an uptick in US soybean ending stocks while Brazil’s output is expected to be cut, according to the US Department of Agriculture’s monthly update to its supply and demand estimates, due to be released on Thursday April 11.
The US Department of Agriculture (USDA)’s influential World Agricultural Supply and Demand Estimates (Wasde) report update for April was expected to increase estimates for 2023-2024 US ending stocks while leaving global ending stock estimates unchanged, according to industry participants polled by Fastmarkets.
Industry participants polled by Fastmarkets expected lower figures for US and global ending stocks for the 2023-2024 crop, as well as slightly lower South American output figures, in the upcoming monthly World Agricultural Supply and Demand Estimates (WASDE) report to be released on Thursday April 11.
The Russian grain spring planting campaign progressed by another 2.2 percentage points in week ended Tuesday April 9, with 5.1% completed, according to official data.
Asian freight for palm shipments is poised to stay positive in the near term, leading up to the Eid festivities.
No transactions were recorded at China’s latest auction of imported soybeans held by the National Grain Trade Center (NGTC) on Tuesday April 9, with Chinese crushers awaiting upcoming arrivals of imported soybeans from Brazil, according to market sources.
China has vowed to boost its grain output by more than 100 billion catties (50 million tonnes) by 2030 in a new action plan issued by the country’s state council on Tuesday April 9, with a focus on increasing corn and soybean production.
Russian president Vladimir Putin has signed a document that confirms his government has officially seized the assets of Russia-based company Agroterra, wresting control from the company's owner, US-headquartered investment company NCH Capital.
Japan's agriculture ministry has issued an international tender to buy 121,485 tonnes of US, Canadian, and Australian wheat for loading in June-July, an official note published by the ministry on Tuesday April 9 shows.
Brazilian soybean exports totaled 3.6 million tonnes in the first week of April, with wheat shipments at a faster pace than last year...
Brazil’s Paranaguá soybean paper market’s front-month differential has reached its highest level since the beginning of January...
The US Department of Agriculture (USDA)’s second weekly crop progress update in 2024 showed that planting progress for both corn and spring wheat was in line with...
Soybean futures prices on the Chicago Mercantile Exchange (CME) were virtually stable on Monday April 8 amid low US inspections, with the US Department of Agriculture (USDA) set to release its World Agricultural Supply and Demand Estimates (Wasde) report on Thursday April 11.
Crude palm oil (CPO) futures prices in Malaysia slid on losses across the vegoil and energy complexes and profit-taking activities.
US corn futures moved higher on Monday April 8 due to a projected cut to Argentina's estimated corn output and spilled-over strength from the wheat market, but gains were limited by expected good planting progress and ample supply.
US wheat futures started the week on Monday April 8 at higher prices, on continuing concerns about dry conditions in some...
Fastmarkets Agricensus 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.
There is a persistent clear split across Brazil in the development of conditions for the second corn crop (safrinha), across the center-south of the country. Meanwhile, the final stretch of soybean harvest works is progressing with no major headwinds, local consultancy Agrural said on Monday April 8.
The German 12.5% FOB wheat APM basis assessment for May loading was assessed unchanged at a €13 per tonne premium to the May Euronext wheat contract...
The soybean CFR China (Brazil) basis assessment for May loading was assessed 14 cents higher...