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Canada's grain and oilseeds exports rose by 39%, or 167,100 tonnes, week on week in the week ended Sunday September 1, totaling 600,900 tonnes, data from the Canadian Grain Commission released on Friday September 6 shows.
French soft wheat conditions were stable in the week to Monday September 2, according to Friday's weekly report from farm agency FranceAgriMer.
South Korea's Feed Leaders Committee (FLC) has purchased 66,000 to 68,000 tonnes of United States-origin corn for November 15 arrival in a private negotiation on Thursday September 5, sources told Fastmarkets.
The United Nations’ Food and Agriculture Organization (FAO) Food Price Index fell by 0.1 point from its revised July figures to 120.7 points in August, due to decreases in values of cereals which were more significant than increases in prices of vegoils, sugar and meat products, the FAO said on Friday September 6.
The 2024/25 corn sowing has started early in Argentina amid concerns over a lack of rain and the impact of leafhoppers on new crop planted area reduction. The old crop harvest has come to an end, reaching 46.5 million tonnes, reflecting a 25.6% increase from a year earlier, according to the weekly report published by the Buenos Aires Grains Exchange (BAGE) on Thursday September 5.
Wheat in Brazil’s state of Rio Grande do Sul reached 14% of the total 1.31 million hectares at the grain-filling stage with frosts causing limited damage, state agency Emater/RS said in a report released on Thursday September 5.
Brazilian soybean, corn and products exports fell in August, compared to the same month a year earlier, according to customs data released on Thursday September 5.
Soybean futures on the Chicago Mercantile Exchange fell slightly on Thursday September 5, ending a three-session rally with strong gains on futures amid technical movements despite fresh US sales.
Heavy rainfall in China and Australia during the week beginning Thursday September 5 is expected to improve soil moisture levels and benefit crops such as wheat and barley. In contrast, drought conditions are forecast to continue in several agricultural areas in the US, affecting corn and soybean.
A rally in wheat futures ended on Thursday September 5, with US futures declining for the first time in seven sessions and the European milling wheat contract falling for the first time in eight sessions when higher prices met technical resistance.
US corn futures trended lower on Thursday September 5 due to profit-taking, with loses limited by the spread of drought in the Midwest, increasing crop stress during a key developmental stage in a critical corn production area.
The Ukrainian corn crop harvest advanced to 2% complete in the week ended Thursday September 5, 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 Thursday.
Soyoil futures in Chicago ended a three-session losing streak, with contracts up by more than 2% day on day, while Malaysian crude palm oil (CPO) futures also trended higher on Thursday September 5.
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US weekly ethanol production decreased by 10,000 barrels per day to 1.061 million bpd in the week to Friday August 30, according to data published by the US Energy Information Administration (EIA) on Thursday September 5.
Sunflower crushing in Ukraine fell by around 43% month on month in August to the lowest level since the start of the 2023/24 season and the last three seasons as a whole, while rapeseed crushing increased but remains below expectations due to low crushing margins, sources told Fastmarkets.
The Argentine Oilseed Crushers Union (SOEA) has reached an agreement to increase the basic income for workers in the oilseed industry in Argentina by 26%, it announced on Thursday September 5.
Corn exports from Ukraine have reached their highest level since Russia's attempt at a full-scale invasion began in February 2022, mainly due to improving conditions at the Black Sea ports, with Spain overtaking China as the leading export destination, Ukrainian customs data shows.
A correction has been issued for this report.
For the second week in August, not a single milling wheat cargo was loaded at the French Atlantic port of Rouen, according to data released by French port operator Haropa.