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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.
Export inspections of US wheat rose by 2.1% to 371,004 tonnes during the week to Thursday October 10, from 363,460 tonnes the previous week, according to USDA data released on Tuesday October 15.
Export inspections of US soybeans were down 3% to 1.58 million tonnes in the week ended Thursday October 10, from the 1.63 million tonnes recorded a week earlier, USDA data showed on Tuesday October 15.
Brazilian grain exporters association Anec raised its estimates for corn and soybean exports in October to 6.2 million tonnes and 4.3 million tonnes, respectively, the association said in its weekly report on Tuesday October 15.
European Union weekly wheat exports totaled 242,801 tonnes in the seven days to Sunday October 13, according to initial data from the European Commission on Tuesday October 15.
Weekly soybean imports into the EU totaled 174,812 tonnes in the week to Sunday October 13, according to initial data from the European Commission released on Tuesday October 15.
Brazilian food agency Conab has slightly reduced its estimate for the country's soybean crop in 2024/25 to 166.05 million tonnes from the 166.3 million tonnes projected in September, and corn output was adjusted to 119.7 million tonnes from the previous 119.8 million tonnes forecast, according to a report on Tuesday October 15.
The soybean CFR China (Brazil) basis assessment for November shipment was assessed
South Korean feed importer Major Feedmills Group (MFG) is seeking up to 140,000 tonnes of animal feed corn for January-arrival, sources told Fastmarkets on Tuesday October 15.
Brazilian corn exports reached 2.5 million tonnes in the first two weeks of October, while soybean shipments amounted to 1.8 million tonnes, according to customs data released on Monday October 14.
Soybean futures reached the lowest level in over a month, breaking below $10 per bushel on the Chicago Mercantile Exchange on Monday October 14, reflecting the ample supply scenario the USDA showed on Friday October 11 and the rain reported in Argentina and Brazil over the weekend, forecast to gain momentum in Brazil along the week.
The German 12.5% FOB wheat APM for November loading was assessed at a €8 per tonne premium over the December Euronext contract...
The soybean CFR China (Brazil) basis assessment for November shipment was assessed...
Soyoil futures in Chicago plummeted and crude palm oil (CPO) futures in Malaysia erased gains made in the earlier part of the trading session to edge lower on Monday October 14.
US corn futures started the week lower on Monday October 14, on advancing harvest progress and increased domestic production projections.