The forecast for the new wheat crop in Australia improved as rain finally brought relief to most of the producing regions in the country, Fastmarkets learned.

A tight supply scenario kept Brazilian domestic animal fats prices firm in the week to Thursday July 31, despite the recent disruption of tallow flows following the 50% US tariff against Brazil announced on July 9. Export prices were unchanged amid ongoing uncertainties.

The Russian grain harvest had reached 33.75 million tonnes from 10.32 million hectares as of Monday July 21, according to official government data. Harvest progress had advanced to 21.5% of the planned 47.92 million ha, a rise of 7 percentage points in one week from 14.5%.

Black Sea wheat prices have surged in recent weeks due to tight supply and rising domestic demand, with market dynamics and harvest progress hinting at potential further shifts in the weeks ahead.

Black Sea wheat prices have surged in recent weeks due to tight supply and rising domestic demand, with market dynamics and harvest progress hinting at potential further shifts in the weeks ahead.

The US biomass-based diesel (BBD) and sustainable aviation fuel (SAF) industries are at a pivotal moment, as evolving federal policies like the 45Z tax credit and Renewable Fuel Standard (RFS) reshape market dynamics, creating both challenges and opportunities for domestic production, feedstock sustainability, and global trade.

The publication of Fastmarkets’ AG-PLM-0019 refined bleached deodorised (RBD) palm olein, cfr South China assessment for Thursday July 24 was delayed due to a reporter error. Fastmarkets’ pricing database has been updated.

Chinese corn import activity continued to be sluggish in June, dropping to 156,445 tonnes, down by 32,000 tonnes, 17%, from 188,542 tonnes in May, according to the latest data from the country’s General Administration of Customs (GACC).

US corn futures opened the week on Monday July 21 lower amid continued crop development and expectations for overall favorable growing conditions.

The lower end of the price range for Biodiesel SME B100 fob US Gulf price on Friday July 18 was erroneously published at $2.243 per gallon. This has been corrected to $4.243 per gallon. Fastmarkets’ pricing database has been updated to reflect this change. These prices are part of the Fastmarkets Ags oils, fats and biofuels price […]