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South Korean feed importer Feed Leaders Committee (FLC) has picked up one cargo of feed wheat for October arrival via a private deal on Friday July 12, sources told Fastmarkets.
Canada's grain and oilseed exports fell by 23% to 704,100 tonnes in the week to Sunday July 7, with a decrease in the flow of all major crops, according to data from the Canadian Grain Commission published late on Thursday July 11.
Brazil's Rio Grande do Sul wheat sowing reached 82% of the total 1.31 million hectares expected, the state agency Emater/RS said in its report, released on Thursday July 11.
Wheat planting for the 2024/25 crop year advanced by 7.6 percentage points during the week to Wednesday July 10 in Argentina to 92.9% of the projected area of 6.3 million hectares, as crops start to show damages caused by severe winter, the Buenos Aires Grains Exchange (BAGE) said in its weekly crop report update on Thursday July 11.
Crude palm oil (CPO) futures in Malaysia broke their losing streak and rose marginally on Thursday July 11 after falling for the past five trading sessions.
Soybean futures were down for the fourth-consecutive session on Thursday July 11, with market participants adjusting their positions ahead of the USDA´s World Agricultural Supply and Demand Estimates (WASDE), to be released on Friday.
The weather system known as Hurricane Beryl arrived over the US state of Texas early on Monday July 8, causing flooding and tornadoes, before turning into a tropical cyclone and generating rains that were, overall, benefiting crops such as corn and soybeans in the US Midwest.
US corn futures trended higher on Thursday July 11 amid a weaker dollar that prompted international buying interest reflected through tenders issued. Gains were limited by higher new and old crop ending stocks anticipated ahead of the USDA's monthly supply and demand update on Friday July 12.
Ukraine’s harvest is proceeding at an active pace in the week to Thursday July 11 and reached 15% completion, according to government data released on Thursday.
US and European wheat prices climbed on Thursday July 11 as traders covered short positions ahead of the release of the USDA’s influential World Agricultural Supply and Demand Estimates (WASDE) report on Friday July 12.
India’s edible vegetable oil imports in June rose by 2% from May to 1.53 million tonnes, data from the Solvent Extractors Association of India (SEA) released on Thursday July 11 showed.
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The soybean CFR China (Brazil) basis assessment for August loading was assessed 13 c/bu lower...
The German 12.5% FOB wheat APM basis assessment for August loading was assessed unchanged at a €6 per tonne discount to the December Euronext wheat contract...
US soyoil exports for the 2023/24 marketing year hit 9,700 tonnes in the week to July 4, down by 41% from the previous week and by 6% from the four-week average, the USDA reported on Thursday July 11.
The Russian grain crop harvest progressed by another 7.5 percentage points through the week ended Wednesday July 10, including a wheat harvest that is 21.5% completed, and yields again declined, according to data seen by Fastmarkets on Thursday July 11.
The crush margin for processing Ukrainian rapeseed decreased by 65% compared with the previous season, according to market estimates, though the margin is still higher compared with the margin for sunflower processing despite rising prices for rapeseed and high competition, which has pushed crushers to revise downward their plans for rapeseed processing.
Brazil’s food agency Conab raised its second corn crop production forecast to 90 million tonnes for the 2023/24 crop year in its monthly supply and demand report released on Thursday July 11.
US weekly soybean export sales dropped by 9% in the week to July 4 to 208,000 tonnes, from the previous week’s 228,400 tonnes, and by 40% from the previous four-week average, the US Department of Agriculture reported on Thursday July 11.
France’s state-backed farm agency FranceAgriMer has left its forecast unchanged for 2023/24 soft wheat exports outside the EU in its monthly outlook published on Thursday July 11.