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US corn futures moved higher on Wednesday October 23 on ongoing reported flash sales and increased weekly consumption.
US wheat futures rose on Wednesday October 23 on concern about dry conditions in the country’s Great Plains region, where farmers are planting the winter wheat crop. European futures were steady while market participants awaited fresh market-moving news.
Dry bulk freight rates for Panamax vessels in the Atlantic fell again to reach their lowest levels in a year in the week to Wednesday October 23, with weaker grain exports continuing to weigh on rates.
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The German 12.5% FOB wheat APM for December loading was assessed at a €10 per tonne premium over the December Euronext contract...
Bangladesh’s state buying agency, the Directorate General of Food (DGF), has announced a fresh wheat tender for a nominal 50,000 tonnes of optional-origin 11.5% milling wheat, according to a document seen by Fastmarkets on Wednesday October 23.
US weekly ethanol production increased by 39,000 barrels per day to 1.081 million bpd in the week to Friday October 18, according to data published by the US Energy Information Administration (EIA) on Wednesday October 23.
Chinese state agencies conducted an auction of imported soybeans on Wednesday October 23 at which 123,279 tonnes of beans were offered for sale, trade sources told Fastmarkets.
The soybean CFR China (Brazil) basis assessment for December shipment was assessed...
Freight rates for vessels carrying palm oil cargoes within Asia fell across the board in the week to Wednesday October 23 on softer charterer sentiment for November.
China’s weekly soybean crush volume rose to 2.06 million tonnes in the week to Friday October 18, according to data from the China National Grain and Oils Information Centre (CNGOIC).
Brazil’s soybean planting speeds up after rains; sowing reaches 25% of projected area in Mato Grosso
Brazil’s 2024/25 soybean sowing advanced to 17.6% of the projected area of 47.4 million hectares from 9.1% in the previous week, but it was behind the 28.4% completion rate from a year earlier, the country’s food agency Conab said late on Monday October 21.
Argentina's soybean crush rose 116% year over year in September to 4.1 million tonnes, according to data from the Secretariat of Agriculture, Livestock and Fisheries (SAGyP) released on Monday October 21 — the highest level recorded in September in data going back to 2015.
Brazilian grain exporters association Anec raised its estimates for soybean exports to 4.63 million tonnes in October, the association said in its weekly report on Tuesday October 22.
Vegoils futures rose across markets and regions on Tuesday October 22 with underlying support from rising crude oil prices and bullish fundamentals for the palm complex.
Soybean futures went up on the Chicago Mercantile Exchange on Tuesday October 22, supported by rises in soyoil and crude oil prices, which offset negative pressure created by a faster pace of the US harvest and more rain in Brazil.
US corn futures remained supported on Tuesday October 22 on good global buying interest, reflected in ongoing flash sales activity.
The soybean CFR China (Brazil) basis assessment for December shipment was assessed
The German 12.5% FOB wheat APM for December loading was assessed at a €10 per tonne premium over the December Euronext contract...
US wheat futures edged higher on Tuesday October 22 after shrugging off early losses as market participants expressed concerns about dry conditions in areas where farmers are planting winter wheat. Front-month European prices dropped for a third straight session because of competition from Russia.