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The soybean CFR China (Brazil) basis assessment for October loading was assessed...
Egyptian state buyer General Authority of Supply Commodities (GASC) has issued an international tender to buy vegetable oils for November-December delivery on Wednesday September 4, sources told Fastmarkets.
Dry bulk freight rates for Panamax vessels in the Atlantic continued to decline in the week to Wednesday September 4 on a scarcity of exports amid a high availability of shipping capacity.
Crude palm oil (CPO) futures in Malaysia and soyoil contracts in Chicago dropped further on Wednesday September 4 amid a continued decline in crude oil prices and expectations of higher month-end stock levels for CPO.
Soybean futures on the Chicago Mercantile Exchange rose on Wednesday September 4 for the third consecutive session amid a decline in US crop conditions and concerns over dry weather forecast for the US Midwest.
US wheat futures rose for a sixth straight session on Wednesday September 4 along with European contracts on concerns about poor harvests in Europe’s biggest producers and as buyers returned to the markets after prices dropped precipitously during the last three months.
US corn futures remained supported on Wednesday September 4 on steady weekly crop conditions and increased total consumption reported by the USDA.
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China’s soybean crush volume in the week ended August 30 was unchanged from the previous week at 2.05 million tonnes, according to figures from the China National Grain & Oils Information Center (CNGOIC) published on Wednesday September 4.
The soybean CFR China (Brazil) basis assessment for October loading was assessed 3...
Freight sentiment for routes carrying palm oil in Asia remained lackluster on Wednesday September 4, due to abundant tonnages.
Taiwan’s Flour Milling Association (FMA) booked a total of 101,700 tonnes of US-origin milling wheat in a regular tender, sources told Fastmarkets on Wednesday September 4.
The Thai Feed Mill Association (TFMA) has returned to the market and picked up around 146,000 tonnes of feed wheat for October-November shipment within a tender that closed on Wednesday, September 4, sources told Fastmarkets.
South Korean animal feed producer Nonghyup Feed Inc. (NOFI) has purchased a 65,000 tonnes of optional-origin feed wheat for November 30 arrival in a tender that closed on Wednesday, September 4, sources said.
Chinese state agencies conducted an auction for imported soybeans on Wednesday September 4, with 332,351 tonnes of beans offered for sale though zero sales were concluded, sources told Fastmarkets.
Brazilian soybean exports are expected to reach 5.6 million tonnes in September, up 1.4% versus the 5.5 million tonnes exported in the same period a year earlier, while corn shipments continue to lag in comparison to the previous year's figures, according to the weekly report published by Brazilian grain exporters association Anec on Tuesday September 3.
Sales of Argentine soybeans and corn rose for 2024/25 marketing year but fell for 2023/24 in the week to August 28, while wheat sales rose on both, according to data released by Argentina’s agriculture secretariat on Wednesday September 4.
Wheat harvesting in the Brazilian state of Paraná advanced by 5 percentage points in the week to Monday September 2, reaching 11% of the projected area of 1.15 million hectares, according to state agency Deral’s weekly report released on Tuesday September 3.
US corn and soybean crop ratings were reported at 65% in good-to-excellent condition in the week to Sunday September 1, while winter wheat planting has started, the USDA’s weekly crop progress report showed on Tuesday September 3.
Brazil’s second corn crop (safrinha) harvest reached 99.1% complete out of the 16.3 million hectare projected area in the week to Sunday September 1, a 1.2 percentage point advance and ahead of the 89.2% completion rate in the same period of 2023, national food agency Conab announced on Monday September 2.