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Weekly soybean imports into the EU totaled 101,825 tonnes in the week to September 15, according to initial data from the European Commission released on Tuesday September 17.
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 amounted to 482,744 tonnes in the seven days to Sunday September 15, according to initial data from the European Commission on Tuesday.
The Russian wheat crop harvest was 78% complete in the week to Monday September 16, out of the 29.8 million hectares planned for the 2024/25 campaign, according to data seen by Fastmarkets on Tuesday, but heavy rainfall in some regions poses a threat to future harvests.
Brazilian soybean exports reached 3.01 million tonnes in the first half of September, while corn hit 3.07 million tonnes, according to customs data released on Monday September 16.
Japan’s Ministry of Agriculture has issued an international tender for the purchase of 123,012 tonnes of wheat from the US, Canada and Australia for loading in October-January, according to an official note published on Tuesday September 17.
In its production forecast for the new 2024 marketing year, France’s farm ministry Agreste estimates a 9.25 million tonnes, or 26.5%, year-on-year decline in French wheat production to 25.8 million tonnes.
Ukraine's rapeseed sowing campaign advanced by 13 percentage points to 61% complete in the week ended Monday September 16, with 688,400 hectares planted out of the 1.1 million ha planned for 2025/26, according to the country's Ministry of Agrarian Policy.
Malaysia has set its crude palm oil (CPO) reference price for October at 3,839.10 ringgit ($898) per tonne, according to a circular issued by the Malaysian Palm Oil Board (MPOB) on Tuesday September 17.
The 'Fuels of the Future' bill could increase the soybean crushing for biodiesel production to 55.8 million tonnes in 2025, up from the current 31 million tonnes forecast for 2024, according to data from The Brazilian Association of Vegetable Oil Industries (Abiove).
US corn crop ratings were reported at 65% in good-to-excellent condition in the week to Sunday September 15, exceeding analysts' projections, the USDA’s weekly crop progress report showed on Monday September 16.
With China and Malaysia both out on holidays on Monday September 16, the vegetable oil complex was largely lacking direction, and the most-active soybean oil futures contracts on the Chicago Mercantile Exchange only posted marginal gains.
The German 12.5% FOB wheat APM for November loading was assessed at an €8 per tonne premium over the December Euronext contract...
Soybean futures on the Chicago Mercantile Exchange started the week declining after the National Oilseed Processors Association (NOPA) indicated a soybean crush level below analysts’ expectations despite support from US demand, higher crude oil and a lower US dollar index.
US and European wheat futures tumbled on Monday September 16 after prices surged last week and met technical resistance, causing market participants to book profits.
US corn futures fell on Monday September 16 on a good pace in the harvest, but the declines were limited by potentially poorer crop conditions, with mostly dry weather continuing in the country’s Midwest.
US soybean crush volumes in August 2024 fell to 158.01 million bushels, down by close to 25.0 million bu, 13.6%, from the month before, data released by the National Oilseed Processors Association (NOPA) showed on Monday September 16.
The EU’s latest Monitoring Agricultural Resources (MARS) report has forecast that most Ukrainian crop production would be reduced from the volumes seen in 2023 due to a dry summer and the military occupation of eastern parts of the country.
Export inspections of US soybeans were up by 10% to 401,287 tonnes in the week ended September 12, from the 365,003 tonnes recorded a week earlier, data from the US Department of Agriculture (USDA) showed on Monday September 16.
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.