Latest News
Argentina's total production of grains and oilseeds in 2024/25 is projected at 143.2 million tonnes, up 9.3% from the previous crop year's 131 million tonnes, the Rosario Grain exchange (BCR) said on Tuesday September 24.
Grain workers at the Ports of Vancouver and Prince Rupert, represented by the Grain Workers Union (GWU) Local 333, went on strike at 7am Pacific on Tuesday September 24 after unsuccessful negotiations for a new labor agreement. The strike has brought critical grain exports to a halt at Canada’s largest port of Vancouver, affecting international trade during the peak harvest season.
Soybean futures reached a two-month high on the Chicago Mercantile Exchange on Tuesday September 24, with market participants still monitoring dry weather that is delaying plantings in Brazil.
Soyoil futures in Chicago surged on Tuesday September 24 amid concerns around the 2024/25 soybean crop in Brazil and short covering, while Asian vegoils futures also traded in positive territory, partly supported by the announcement of stimulus measures in China.
Global wheat futures trended downward on Tuesday September 24 on profit-taking following gains made the previous day, Fastmarkets heard, including double-digit rises seen in Chicago Mercantile Exchange futures.
US corn futures softened on Tuesday September 24 on steady crop conditions and good harvest pace, with losses limited by hot and dry weather in South America.
The soybean CFR China (Brazil) basis assessment for November shipment was assessed...
Weekly soybean imports into the EU totaled 114,487 tonnes in the week to Sunday September 22, according to initial data from the European Commission released on Tuesday September 24.
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.
European Union weekly wheat exports totaled 279,788 tonnes in the seven days to Sunday September 22, according to initial data from the European Commission on Tuesday September 24.
Brazilian grain exporters association Anec slightly increased its estimates for September corn shipments to 6.68 million tonnes, while keeping the soybean exports forecast unchanged, its weekly report showed on Tuesday September 24.
Russian wheat is expected to be the primary beneficiary of the 250,000 tonnes added to Brazil's wheat import quota, which was announced by the Brazilian government at the end of the week to September 20, market participants told Fastmarkets.
Japan's Ministry of Agriculture, Forestry and Fisheries (MAFF) has issued an international tender for the purchase of 112,580 tonnes of wheat from the US, Canada, and Australia for loading in October-January, the ministry said in an official note on Tuesday, September 24.
Corn projections for Romania have worsened and early results of the harvest show quality issues, leading to a number of trades heard “washed out” – or financially settled – in recent weeks, according to trade sources.
Chinese state agencies will be holding an auction for imported soybeans on Thursday September 26, with around 156,000 tonnes of beans to be offered for sale, according to a notice issued by the National Grain Trade Center on Tuesday September 24.
The winter grain sowing campaign in Ukraine advanced 11 percentage points to 18% in the week to Monday, September 23, with 944,500 hectares of the 5.18 million hectares planned for 2025/26 planted, according to the country's Ministry of Agrarian Policy.
Argentina's soybean crush for August posted a major year-on-year gain, but recorded a month-on-month drop, according to data from the Argentina Secretariat of Agriculture, Livestock and Fisheries (Sagyp) released on Friday September 20.
Brazilian soybean exports reached 4.37 million tonnes in the first three weeks of September, while corn shipments amounted to 4.7 million tonnes, according to customs data released on Monday September 23.
US corn crop and soybean ratings were reported to be steady in the week to Sunday September 22, with harvest across crops exceeding five-year averages, the USDA’s weekly crop progress report showed on Monday September 23.
The soybean CFR China (Brazil) basis assessment for November shipment was assessed...