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Brazil’s March soybean exports were up month on month, but fell short of last year’s level, mainly due to massive drought-driven crop losses in the center-west states and, in particular, in the key agricultural hub of Mato Grosso, according to Brazilian customs data.
Export inspections of US soybeans were down by 12% to 484,328 tonnes in the week ended Friday April 4 from the 547,351 tonnes recorded a week earlier, according to data from the US Department of Agriculture (USDA) released on Monday April 8.
Export inspections of US wheat decreased by 12.6% to 497,534 tonnes in the week to Thursday April 4, down from 569,147 tonnes the previous week, according to data from the US Department of Agriculture (USDA) released on April 8.
Export inspections of US corn were down 4% to 1.42 million tonnes in the week ended Thursday April 4, from 1.47 million tonnes a week earlier, according to data from the US Department of Agriculture (USDA) on Monday April 8.
Chinese authorities will offer around 506,000 tonnes of imported soybeans for sale via an auction on Tuesday April 9, according to a notice issued by the country’s National Grain Trade Center (NGTC) on Wednesday April 3.
Iran's state importer has booked two 51,000-tonne cargoes of soybean meal in an international tender.
Investors in US corn, soybean and one of three wheat contracts accumulated short positions in the week to Tuesday April 2, helping bolster the net short in the three markets, data from the Commodity Futures Trading Commission showed late Friday.
In Argentina, good weather allowed for harvest progress, but there were increasing reports of diseases transmitted by the leafhopper insect in the week to Thursday April 4...
Crude palm oil (CPO) futures prices in Malaysia fell on profit taking and losses in upstream energy futures.
Soybean futures prices on the Chicago Mercantile Exchange (CME) rose on Friday April 5 after retreating more than 1% in the past five days, supported by derived markets.
US corn futures failed to hang on to gains by midday on Friday April 5 due to a stronger US dollar and anticipation that rainfall in South America could improve soil moisture conditions for crops, with losses limited by delayed fieldwork.
US and European wheat futures increased on Friday April 5 amid concerns about dryness in many US hard red winter (HRW) areas, tension in the Black Sea region and market participants covering shorts.
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Crushers and traders in Brazil are buying back soyoil paper positions in the export market to sell the physical product in the domestic market, which is paying 2-5 cents per lb above export-parity levels...
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 4 cents higher...
The US Department of Agriculture’s attaché in Turkey reported that it expects that the country’s wheat and barley production will be unchanged in the 2024-2025 marketing year...
The March sunflower crush in Ukraine increased by 7-8% compared with the previous month, according to various estimates...
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Ukraine, Russia and Turkey have launched sunflower-planting campaigns, providing the first degree of clarity regarding the coming season and sunflower seeds harvest in the Black Sea region...