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The German 12.5% FOB wheat APM for December loading was assessed at a €9 per tonne premium over the December Euronext contract...
South Korean feed importers Nonghyup Feed Inc (NOFI) and Korean Feed Association (KFA) have followed purchases by another importer, Major Feedmill Group (MFG), for corn cargoes, picking up around 130,000 tonnes of corn via private deals for arrival in December and January, sources told Fastmarkets on Wednesday October 16.
South Korean feed importer Major Feedmill Group (MFG) concluded its buy tender for January-arrival corn on Wednesday October 16, picking up two cargoes totaling around 131,000 tonnes of the grain, sources have told Fastmarkets.
The soybean CFR China (Brazil) basis assessment for December shipment was assessed...
Freight rates for vessels carrying palm oil cargoes within Asia were up in the week to Wednesday October 16 on tightened tonnage spaces due to competition with aromatic products on Indian routes, as well as concerns that Indonesia would raise the levy for November.
Chinese state agencies held an auction for imported soybeans on Wednesday October 16, where 238,756 tonnes of soybeans were offered for sale.
Malaysia has set its crude palm oil (CPO) reference price for October at 3,949.73 ringgit ($920) per tonne, according to a circular issued by the Malaysian Palm Oil Board (MPOB) on Wednesday October 16.
Egypt’s state-backed General Authority for Supply Commodities (GASC) has awarded a buy tender of sunflower oil to Viterra, sources told Fastmarkets on Tuesday October 16.
US corn crop and soybean harvest progress remained above the five-year averages in the week to Sunday October 13, the USDA’s weekly crop progress report showed on Tuesday October 15.
Soybean crushing in Brazil’s largest agricultural-producing state, Mato Grosso, reached 910,540 tonnes in September and a record volume so far in 2024, the state’s agriculture institute IMEA said in its weekly bulletin late on Monday October 14.
Soybean futures on the Chicago Mercantile Exchange fell on Tuesday October 15, as external markets, harvest in the US and rain in Brazil put downward pressure on prices despite fresh US net sales reported by the USDA.
Brent crude oil prices plummet on Tuesday October 15 contributing to decreases in Malaysian crude palm oil (CPO) and Chinese futures, but soyoil futures in Chicago recovered part of the sharp losses in the previous session, with the market borrowing some support from a bullish crush report.
US and European wheat futures fell for third session on Tuesday October 15 on recent precipitation in Argentina and forecasts that much-needed rain will fall this weekend on hard red winter fields in the southern Great Plains and also in parts of the Black Sea region.
US corn futures moved lower on Tuesday October 15 on projected improvements in crop conditions and harvest that were above the five-year average.
US soybean crush volumes in September 2024 jumped to 170.32 million bushels, surpassing volumes crushed both in the previous month and in September 2023, as well as exceeding the average trade estimate, according to data released by the National Oilseed Processors Association (NOPA) on Tuesday October 15.
Ukrainian sunseed crushers are planning to increase the processing of other oilseeds, given the shortage of sunflower and its higher prices, which threatens to leave the country’s oilseed processing capacity underutilized, market participants said at the conference Black Sea Oil Trade 2024 in Bucharest on Tuesday October 15.
The German 12.5% FOB wheat APM for November loading was assessed at a €8 per tonne premium over the December Euronext contract...
The Russian Union of Grain Exporters (Rusgrain Union) will start publishing the recommended export prices for wheat, according to a note on the union's official Telegram Messenger channel, seen on Tuesday October 15.
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.
Export inspections of US corn decreased by 55% to 430,323 tonnes during the week to October 10, from 947,963 tonnes during the previous week, according to USDA data released on Tuesday October 15.