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Speculators add US soybean shorts and net short position nears record high
Speculators increased short positions in the US soybean market, driving the net short position close to a record high, while managed money investors reduced short positions in the corn market.
August 6, 2024
·
By Mark Shenk
Insights
BP heralds scaling back of biofuel projects as Q2 profits hit $2.76 billion
The international oil major BP has unveiled a $2.76 billion profit across its energy portfolio in the second quarter of 2024, a 6.4% increase on the corresponding period of 2023 and 1.2% higher than its first-quarter profits
August 2, 2024
·
By Timothy Worledge
Insights
Russian weekly wheat exports stable at 575,000 tonnes, YTD down 20%
Russia’s wheat export volumes from Black Sea ports were stable in the week ended Friday, July 26 compared with the previous week, at 574,653 tonnes, a Fastmarkets analysis of port line-up data showed.
July 30, 2024
·
By Yana Sukharska
Insights
Decision to discontinue Chinese used cooking oil prices delivered Europe
Fastmarkets has discontinued its two Chinese used cooking oil prices delivered Europe.
July 29, 2024
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By Veronika Prykhodko
Insights
Brazil suspends exports of poultry meat, products to over 40 countries, including China
Learn more about the self-imposed embargo that came into place after a confirmed case of Newcastle disease in Brazil.
July 23, 2024
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By Leticia Pakulski, Marcela Caetano, the Fastmarkets team
Insights
The European Commission puts anti-dumping duty on Chinese biodiesel
The European Commission has confirmed that it will apply anti-dumping duties to Chinese biodiesel producers from August 16 this year, according to multiple sources
July 22, 2024
·
By Timothy Worledge
Insights
UK RTFC trade posts first 2025 indications as 2023 activity largely done
Early trade indications for renewable transport fuel certificates for the 2025 compliance year have surfaced for the first time, with initial bids suggesting values might be around parity or slightly discounted compared with current certificates
July 17, 2024
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By Misha Simonovska
Insights
Brazil’s soybean exports continue at strong pace in July
Brazilian soybean exports maintained a robust pace in July, surpassing last year's figures, while corn shipments faced challenges in keeping up with demand.
July 16, 2024
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By Marcela Caetano
Insights
Germany’s UFOP warns current rapeseed output ‘insufficient’ to meet demand
Germany's UFOP highlighted a global rapeseed supply shortage, urging increased planting in 2025 to meet demand amidst reduced production forecasts.
July 9, 2024
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By Timothy Worledge
Insights
Ukraine’s humanitarian corridor vindicated as 2023-24 exports rise 3%
The start of the Black Sea region’s new wheat marketing year from Monday, July 1 offers an opportunity to look back on the previous marketing year and to focus on Ukraine’s experience and the effect that the self-declared humanitarian corridor has had on the country’s agricultural exports.
July 3, 2024
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By Masha Belikova, Yana Sukharska, the Fastmarkets team
Insights
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