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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.
Dry bulk freight rates for Panamax vessels in the Atlantic continued to ease in the week to Wednesday August 28 as the market continued to experience excess tonnage availability, with not enough demand to absorb it.
The German 12.5% FOB wheat APM basis assessment for October loading was assessed up €1 per tonne at a €5 per tonne premium to the December Euronext wheat contract...
The soybean CFR China (USG) basis assessment for October loading was assessed 13...
South Africa’s Crop Estimates Committee (CEC) released its seventh production forecast for summer crops in 2024, as well as a first winter production forecast.
Euronext's commitment of traders report in the week to Friday August 23 showed the net-short position in wheat futures continued to rise, after investors continued to grow the size of their total short positions on the exchange.
Canadian farmers are expected to harvest more wheat, canola and oats in 2024 compared with the prior year, while corn and barley output is expected to trail 2023 levels, according to yield model estimates using satellite imagery and agroclimatic data, Statistics Canada (Stat Can) said on Wednesday August 28.
US weekly ethanol production decreased by 27,000 barrels per day to 1.071 million bpd in the week to Friday August 23, according to data published by the US Energy Information Administration (EIA) on Wednesday August 28.
Fastmarkets has corrected its price assessments for AG-SYB-0036 soymeal FOB Argentina Premium and AG-SYB-0035 soymeal FOB Argentina, which were published incorrectly on Monday August 26.
China’s soybean crush volume in the week ended August 23 was up by 30,000 tonnes compared with the previous week, to 2.05 million tonnes, according to figures released by the China National Grain & Oils Information Center (CNGOIC) on Wednesday August 28.
Chinese authorities conducted an imported soybean auction on Wednesday August 28, with 79,462 tonnes sold out of the 411,813 tonnes offered, sources have told Fastmarkets.
Freight rates for vessels carrying palm oil cargoes from Southeast Asia to India were unchanged in the week to Wednesday August 28 on unchanged fundamentals amid pessimistic sentiment due to abundant tonnage, sources told Fastmarkets.
The Brazilian grain exporters association, Anec, has reduced its corn, soybean and soymeal export estimates for August, according to its latest weekly report published on Tuesday August 27.
Brazil’s second corn crop (safrinha) harvest reached 97.9% complete out of the 16.3-million-hectare projected area in the week to Sunday August 25, a 1.5 percentage point advance and ahead of the 84% completion rate in the same period of 2023, national food agency Conab announced on Monday August 26.
Sales of Argentine soybeans and corn rose for both the 2023/24 and 2024/25 marketing years in the week to August 21, while wheat sales diverged on different market years, according to data released by Argentina’s agriculture secretariat on Wednesday August 28.
The prospect of lower prices should not intimidate Brazilian soybean producers in the new crop year — Brazilian consultancy Datagro expects Brazil to harvest an even bigger soybean crop than initially estimated for 2024/25 and has pegged the country’s new soybean crop output at 167 million tonnes.
Wheat harvesting in the Brazilian state of Paraná advanced by 3 percentage points in the week to Monday August 26, reaching 6% of the projected area of 1.15 million hectares, state agency Deral’s weekly report showed on Tuesday August 27.
Vegoils prices across most Asian and European markets continued to increase on Tuesday August 27, while in Chicago, soyoil futures edged lower partly due to a sharp decline in crude oil prices.
Soybean futures on the Chicago Mercantile Exchange traded higher on Tuesday August 27, dragging support from slightly worse US soybean crop conditions and weather.
US corn futures rose on Tuesday August 27 on strategic buying following contract lows of over a decade seen on Monday, as well as lower weekly crop ratings reported by the USDA.