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Ukrainian sunflower oil exports in the 2023/24 season exceeded the pre-war level and reached the second-highest record since the foundation of the oilseed processing industry in Ukraine, while the sunflower harvest was underestimated, according to the final report for the 2023/24 season by the Ukrainian industry association Ukroilprom during an online meeting on Thursday September 19.
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US soybean oil exports and sales surged to fresh 2023/24 marketing-year highs in the week ended September 12, according to the latest figures from the USDA, published on Thursday September 19.
Indonesia is to revise the levy structure for palm oil exports, in a move designed to boost its competitiveness and provide added value to the prices of farmers' fresh fruit bunches, the country’s finance ministry announced on Thursday September 19.
Tunisia’s state grain importer has awarded a total of nine cargoes in an international tender, according to documents seen by Fastmarkets on Thursday September 19.
Just 7,000 tonnes of milling wheat were exported from the port of Rouen in the week to Wednesday September 18, according to data released by French port operator Haropa.
Chinese state agencies conducted an auction of imported soybeans on Thursday September 19, with 177,268 tonnes of soybeans offered for sale and 21,679 tonnes sold, trade sources told Fastmarkets.
US net sales of corn for the 2024/25 crop year totaled 847,400 tonnes during the week to September 12, according to data released by the USDA on Thursday September 19.
US weekly net sales of wheat for the 2024/25 crop year totaled 246,300 tonnes during the week to September 12, down by 48% from the previous week and by 46% from the prior four-week average, the US Department of Agriculture said on Thursday September 19.
US weekly soybean net sales for the 2024/25 crop year were up by 21% to 1.78 million tonnes in the week to September 12, from 1.47 million tonnes in the previous week and above market estimates, the US Department of Agriculture (USDA) reported on Thursday September 19.
Ukrainian exports of sunflower oil, sunflower meal and soybeans remained slow in the September 12-18 period, while rapeseed exports remained relatively strong, data from the State Customs Service showed on Thursday September 19.
China’s soybean oil stocks rose to 1.11 million tonnes at the close of the week ending September 13, 20,000 tonnes higher than the previous week, data from the China National Grain and Oil Information Center (CNGOIC) released on Thursday September 19 shows.
Sales of Argentine soybeans, corn and wheat for the 2023/24 marketing year fell in the week to September 11, according to data released by Argentina’s agriculture secretariat on Wednesday September 18.
Soybean futures were up on the Chicago Mercantile Exchange on Wednesday September 18 ahead of the US Federal Reserve decision on interest rates, amid technical buying and concerns over potential sowing delays in Brazil due to dry weather.
Dry bulk freight rates for Panamax vessels in the Atlantic rose in the week to Wednesday September 18 after falling for several weeks, with increased exports starting to absorb the excess ship supply, sources told Fastmarkets.
Crude palm oil (CPO) futures in Malaysia rose sharply on Wednesday September 18 in the largest daily upswing in a year and a half, while in Chicago soyoil futures also traded in green territory.
US corn futures softened on Wednesday September 18, amid harvest pressure and lower reported weekly consumption.
US and European wheat futures edged lower on Wednesday September 18 as traders await the expected announcement of the Federal Reserve’s first interest-rate cut in four years.
The soybean CFR China (Brazil) basis assessment for November loading was assessed...
The German 12.5% FOB wheat APM basis assessment for November loading was unchanged at a €8 per tonne premium over the December Euronext contract