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Correction to soybean crush margins on June 20, 2024
Fastmarkets has corrected its US, Brazil and China (US Gulf) soybean crush margins, which were published incorrectly on June 20.
June 26, 2024
·
Insights
EU weekly soybean imports at 228,000 tonnes with year-to-date volumes down 1%
The European Commission released its latest set of data on the imports of soybean, soybean meal, rapeseed, sunflower oil and palm oil into the EU
June 26, 2024
·
By Yana Sukharska
Insights
European soft wheat production forecast at 134.5 million tonnes
Updated forecast by trade association Cocereal pegs 2024 wheat crop slightly higher than previous projections
June 12, 2024
·
By Sam Balf
Insights
US wheat stocks output projected to be higher while global stocks lower
A report by the USDA forecasts an increase in US ending stocks for 2024/25 to 769 million bushels, alongside a slight decrease in global stockpile estimates.
June 11, 2024
·
By Mark Shenk
Insights
Dry bulk freight rates drop further on surplus tonnage in Atlantic, with sluggish demand
Rates fell on major routes like Brazil-Northeast Asia and US Gulf-Northeast Asia, driven by excess tonnage in the Atlantic basin and the impact of decreasing oil prices
June 6, 2024
·
By Masha Belikova, Eduardo Tinti
Insights
Ukrainian grain and oilseed exports in 2024-25 to fall by 18.2% and production to drop by 9.7%
The Ukrainian Grain Association estimated the 2024/25 crop of oilseeds and grains in Ukraine at 74.6 million tonnes, down by 2% from the initial forecast of 76.1 million tonnes in March.
June 3, 2024
·
By Anna Platonova
Insights
Rabobank highlights ‘global’ SAF upside for Australia’s agriculture sector
Learn more about how SAF can generate more demand for agricultural products and economic benefits for farmers in the short-term
May 29, 2024
·
By Timothy Worledge
Insights
Negative cereal yield outlook in Maghreb due to long-lasting drought
Morocco and Algeria faced challenges with wheat and barley production due to drought conditions, leading to below-average forecasts
May 28, 2024
·
By Yana Suharskaya
Insights
Current US SAF tax credits do not incentivize production, says Aemetis CEO
During Aemetis' quarterly earnings presentation, CEO Eric McAfee highlighted the inadequacies of current US tax credits for Sustainable Aviation Fuel (SAF) and emphasized the need to extend Section 40B.
May 14, 2024
·
By Wendy Dulaney
Insights
Soybean commentary: Futures rebound despite higher USDA stocks forecast
Soybean front-month July futures on the Chicago Mercantile Exchange (CME) rebounded on Friday May 10 with support from soybean oil and despite estimates of ample offer and ending stocks for the 2024/25 crop in the latest World Agricultural Supply and Demand Estimates (WASDE) report.
May 13, 2024
·
By the Fastmarkets team
Insights
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