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Taiwanese feed importer MFIG concluded its buy tender for optional-origin corn on Wednesday July 17, picking up around 65,000 tonnes of the grain, sources told Fastmarkets.
Egyptian state buyer General Authority of Supply Commodities (GASC) issued an international and local tender to buy vegetable oils for September delivery on Wednesday July 17, a market source told Fastmarkets.
Egypt’s state-backed General Authority of Supply Commodities (GASC) successfully closed a tender on Tuesday July 16 and secured 770,000 tonnes of wheat from Russia and Bulgaria for September shipment.
The second corn crop harvest in the Brazilian state of Paraná advanced by 1 percentage points in the week to Monday July 15 to 67% of the 2.4 million hectare sowed area, state agency Deral’s weekly report showed on Tuesday July 16.
Crude palm oil (CPO) futures in Malaysia rebounded from the previous day’s losses to close higher on Tuesday July 16, tracking strength in related vegoils while bargain buying also helped to support prices.
Brazilian grain exporters association Anec increased its July soybean export forecast to 10.7 million tonnes from the previous estimate of 10.3 million tonnes, its latest weekly report showed on Wednesday July 16.
Soybean futures rebounded on Tuesday July 16 after the USDA’s crop condition report showed no improvements to the US soybean crop that were expected by market participants; futures moved up on bargain buying as well.
US corn futures rose on Tuesday July 16 on bargain buying following declines reported the previous day and some weather support from a cold front, which brought showers and thunderstorms to parts of the Midwest.
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.
Weekly soybean imports into the EU totaled 290,284 tonnes in the week ended Sunday July 14, according to initial data from the European Commission released on Tuesday July 16.
US and European wheat futures were little changed on Tuesday July 16 after touching fresh multi-month lows on evidence that ample global supply will weigh on prices in the months ahead.
The soybean CFR China (Brazil) basis assessment for September loading was assessed 1 cent per...
The German 12.5% FOB wheat APM basis assessment for September loading was assessed at a €5 per tonne discount December Euronext wheat contract...
The European Union’s weekly wheat exports amounted to 330,702 tonnes in the week to Sunday July 14, according to initial data from the European Commission released on Tuesday July 16.
The Thai Feed Mill Association (TFMA) has issued a fresh tender for up to 175,200 tonnes of feed wheat for September-October and December shipment, sources told Fastmarkets on Tuesday July 16.
Brazil’s second corn crop (safrinha) harvest advanced by 13.1 percentage points in the week to Sunday July 14, reaching 74.2% of the 16.2 million hectare projected area, national food agency CONAB said late on Monday July 15.
Egypt’s state-backed grains importing agency, General Authority for Supply Commodities (GASC), has tendered to buy wheat on an FOB basis, with offers received so far believed to be dominated by Russian origins, trade sources told Fastmarkets on Tuesday July 16.
The Brazilian Association of Vegetable Oil Industries (Abiove) raised its estimate for the country’s soybean crop output in 2023/24 to 153.2 million tonnes, a 700,000-tonne increase from last month’s 152.5 million tonnes projection, its monthly report showed on Tuesday July 16.
Jordan’s state grain importer has booked 60,000 tonnes of milling wheat for shipment in the second half of August, trade sources told Fastmarkets on Tuesday July 16.
Algeria’s state-backed grain importing agency, OAIC, issued a tender to buy a nominal 50,000 tonnes of wheat on Monday July 15, according to a document seen by Fastmarkets.