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Russian wheat exports decreased on a weekly basis for second week in row, a Fastmarkets analysis showed on Friday September 20.

The US hard red spring (HRS) and northern durum wheat harvests are nearing completion, with less than 10% remaining, according to the latest report from the US Wheat Associates (USWA) on Friday September 20.

EU oilseed crushing volumes continued to grow in August, reaching o 3.48 million tonnes, up by 224,000 tonnes, or 7%, compared with July's 3.25 million tonnes, according to data from EU vegetable oil and protein meal association Fediol on Friday September 20.

China imported 10.24 million tonnes of soybeans from Brazil in August, according to data released by the country’s General Administration of Customs (GACC) on Friday September 20.

The Ukrainian corn crop harvest advanced by 7 percentage points to 13% complete in the week ended Thursday September 19, out of the 4 million hectares planned for the 2024/25 campaign, according to data from the country’s Ministry of Agrarian Policy and Food, released on Friday September 20

The Russian government slightly raised the wheat export duty and decreased the corn tariff for the September 25-October 1 period, the country’s agriculture ministry said in an official update on Friday September 20.

In its fourth forecast for the 2024 crop, trade association Coceral pegged wheat production, excluding durum, in the European Union’s 27 members (EU27) significantly lower at 114.92 million tonnes, compared with 126.38 million tonnes produced in 2023, the association announced on Friday September 20.

After an increase for the wheat output expectation in August, the figure was pushed back down again due to the return of dry weather, according to the September edition of Grain Industry of Western Australia (GIWA) report released on Friday September 20.

Ukraine’s grain export volumes fell to 682,000 tonnes in the week to September 19, down by 165,000 tonnes, or 19% from 847,000 tonnes in the preceding seven days, according to data released by the country’s State Customs Service on Friday September 20.

French corn conditions improved by one percentage point in the week to Monday September 16, while the harvest pace is still behind recent years, according to farm agency FranceAgriMer’s weekly report released on Friday September 20.

Canada's grain and oilseed exports rose by 57%, or 383,100 tonnes, in the week ended Sunday September 15, totaling 1.1 million tonnes, with gains in canola and wheat flows, according to data from the Canadian Grain Commission released late on Thursday September 19.

Argentina’s Secretariat of Agriculture, Livestock and Fisheries (Sagyp) increased its projection for corn planted area in the 2024/25 by 1.1%, to 9.6 million hectares, while increasing final estimates for last crop year soybean output, according to a monthly report released on Thursday September 19.

Malaysia-based palm oil producer SD Guthrie International (SDGI) has confirmed the arrival of its first shipments of 40,250 tonnes of palm oil that meet the requirements of the new EU Deforestation Regulation (EUDR), according to a press release published on Thursday September 19.

Corn planting progress in Argentina for the 2024/25 marketing year reached 7.1% of the projected sown area of 6.3 million hectares in the week to Wednesday September 18, according to the Buenos Aires Grains Exchange (BAGE) weekly crop report published on Thursday September 19.

Soybean futures rose slightly on the Chicago Mercantile Exchange on Thursday September 19, amid strong US export sales to China in the previous week and supported by a weaker dollar index.

The soybean CFR China (Brazil) basis assessment for November shipment was assessed...

Vegoils futures continued to gather momentum in Asia and in Chicago on Thursday September 19.

Global wheat futures declined on Thursday September 19, on speculation that recent price gains made US and European grain exports uncompetitive with Black Sea shipments on the global market.

US corn futures trended lower on Thursday September 19 amid lower 2024/25 exports year on year so far and ample projected supply.

Dry conditions in the Black Sea region in the week beginning Thursday September 19 will provide an ideal environment for harvesting late-season crops such as corn and sunflower. Elsewhere, challenges are expected to persist for growers in North America and South America, as well as parts of China and Australia, due to wetter and more unpredictable weather patterns.