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The European Commission has confirmed that it has referred Belgium to the European Union’s Court of Justice after “failing to take sufficient action on nitrate pollution in the Flemish region,” according to a statement released on Thursday July 25.
US 2023/24 soybean oil exports surged to 11,200 tonnes in the week to July 18, climbing by 71% from the previous week, the USDA reported on Thursday July 25.
US weekly 2023/24 soybean net sales fell by 61% in the week ended July 18 to 88,600 tonnes from the previous week’s 360,100 tonnes. This was below market expectations and down by 63% from the previous four-week average, the US Department of Agriculture reported on Thursday July 25.
US weekly net sales of corn totaled 331,400 tonnes for the 2023/24 crop year during the week to July 18, down by 24% from the previous week and by 29% from the prior four-week average, according to data from the US Department of Agriculture released on Thursday July 25.
US weekly net sales of wheat for the 2024/25 crop year totaled 309,300 tonnes during the week ended July 18, down by 47% from the previous week and by 46% from the preceding four-week average, the US Department of Agriculture said on Thursday July 25.
Participants in the Wheat Quality Council’s annual tour of spring wheat crops saw additional evidence that yields will climb to the highest level in at least 30 years on the second day of inspecting crops in North Dakota, the United States’ biggest hard red spring (HRS) producing state.
Rouen milling wheat exports were sharply lower on the week, down by 69% to 36,300 tonnes in the week to Wednesday July 24 from 117,298 tonnes in the previous week, according to data released by port operator Haropa.
Ukraine's weekly exports of rapeseed rose by 7% week on week in the week to July 24, while exports of sunflower oil declined over the reporting period, official data published on Thursday July 25 showed.
Sales of Argentine soybean, wheat and corn were mixed among old and new crop in the week to July 17, according to data released by Argentina’s agriculture secretariat on Wednesday July 24.
Soybean futures on the Chicago Mercantile Exchange fell on Wednesday July 24 after two consecutive days of gains.
Crude palm oil (CPO) futures in Malaysia fell on Wednesday July 24 due to expectations of greater supply, as well as losses in related vegoils.
Chicago and Kansas wheat futures rose on Wednesday July 25, while European prices declined, with market participants monitoring harvest progress in North America, Europe and Russia and unrest in major grain importer Bangladesh.
Dry bulk freight rates for Panamax-sized vessels rose slightly in the week to Wednesday July 24, with tonnage tightening in the Atlantic.
US corn futures held on to gains on Wednesday July 24, with market participants monitoring a drier bias in the Midwest, with gains limited by lower weekly corn consumption.
Euronext's commitment of traders report in the week to Friday July 19 showed a rise in the net-short position in wheat futures as investors continued to cut long positions on the exchanges, even as they trimmed short positions.
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The German 12.5% FOB wheat APM basis assessment for September loading was assessed unchanged at parity to the December Euronext wheat contract...
US weekly ethanol production decreased by 11,000 barrels per day to 1.09 million bpd in the week ended Friday July 19, according to data published by the US Energy Information Administration (EIA) on Wednesday July 24.
The soybean CFR China basis assessment for September loading was assessed 5...
China’s soybean crush volume in the week ended July 19 declined from the previous week to 1.9 million tonnes, according to figures from the China National Grain and Oils Information Center (CNGOIC) released this week.