Correction to agricultural commodities’ outright prices on April 28

Fastmarkets has corrected several of its agricultural commodities’ outright prices, which were published incorrectly on Monday April 28 due to a technology error.

Fastmarkets’ pricing database has been updated to reflect the following changes:

AG-SYB-0037 Soymeal CIF US Gulf Barge Hipro $/mt
Incorrect prices:
M1: $331.75 per tonne
M2 $334.25 per tonne
M3 $334.25 per tonne
Corrected to:
M1: $329.50 per tonne
M2: $332.50 per tonne
M3: $332.50 per tonne

AG-SYB-0039 Soymeal FOB US Gulf Hipro $/mt
Incorrect prices:
M1: $334 per tonne
M2 $337.75 per tonne
M3 $337.75 per tonne
Corrected to:
M1: $331.75 per tonne
M2: $335.75 per tonne
M3: $335.75 per tonne

AG-SYB-0016 Soybean FOB Argentina $/mt
Incorrect prices:
M1: $398.50 per tonne
M2 $397.75 per tonne
M3 $401.00 per tonne
M4 $404.25 per tonne
M5 $406.75 per tonne
M6 $408.75 per tonne
M7 $411.25 per tonne
M8 $413.75 per tonne
M9 $415.25 per tonne
Corrected to:
M1: $399.75 per tonne
M2 $399.50 per tonne
M3 $402.75 per tonne
M4 $405.75 per tonne
M5 $407.00 per tonne
M6 $409.25 per tonne
M7 $412.00 per tonne
M8 $414.00 per tonne
M9 $415.50 per tonne

AG-SYB-0018 Soybean CIF US Gulf Barge $/mt
Incorrect prices:
M1: $415.00 per tonne
M2 $415.00 per tonne
M3 $415.25 per tonne
M4 $410.50 per tonne
M5 $406.75 per tonne
M6 $405.75 per tonne
Corrected to:
M1: $416.25 per tonne
M2 $416.75 per tonne
M3 $417.00 per tonne
M4 $412.00 per tonne
M5 $407.00 per tonne
M6 $406.50 per tonne

AG-SYB-0020 Soybean FOB US Gulf $/mt
Incorrect prices:
M1: $416.25 per tonne
M2 $416.00 per tonne
M3 $416.50 per tonne
M4 $413.25 per tonne
M5 $409.00 per tonne
M6 $408.00 per tonne
Corrected to:
M1: $417.50 per tonne
M2 $417.75 per tonne
M3 $418.25 per tonne
M4 $414.50 per tonne
M5 $409.25 per tonne
M6 $408.50 per tonne

AG-SYB-0022 Soybean FOB US PNW $/mt
Incorrect prices:
M1: $425.00 per tonne
M2 $426.75 per tonne
Corrected to:
M1: $426.25 per tonne
M2: $428.50 per tonne

AG-SYB-0003 Soybean CFR China (Brazil) $/mt
Incorrect prices:
M1: $440.75 per tonne
M2 $443.50 per tonne
M3 $453.25 per tonne
M4 $463.25 per tonne
M5 $465.75 per tonne
M6 $466.25 per tonne
Corrected to:
M1: $439.00 per tonne
M2 $441.50 per tonne
M3 $451.25 per tonne
M4 $461.25 per tonne
M5 $463.00 per tonne
M6 $463.75 per tonne

AG-SYB-0005 Soybean CFR China (US Gulf) $/mt
Incorrect prices:
M1: $463.00 per tonne
M2 $461.50 per tonne
M3 $462.75 per tonne
M4 $461.25 per tonne
M5 $456.50 per tonne
M6 $455.25 per tonne
Corrected to:
M1: $461.25 per tonne
M2 $459.50 per tonne
M3 $460.75 per tonne
M4 $459.25 per tonne
M5 $453.75 per tonne
M6 $452.75 per tonne

AG-CRN-0069 Corn FOB Argentina $/mt
Incorrect prices:
M1: $223.25 per tonne
M2 $222 per tonne
M3 $213 per tonne
M4 $205.5 per tonne
M5 $205.5 per tonne
M6 $212.25 per tonne
M7 $213 per tonne
M8 $215.75 per tonne
M9 $221.75 per tonne
Corrected to:
M1: $223.75 per tonne
M2: $222.75 per tonne
M3: $213.75 per tonne
M4 $204.75 per tonne
M5 $204.75 per tonne
M6 $211 per tonne
M7 $211.75 per tonne
M8 $214.50 per tonne
M9 $220.50 per tonne

AG-CRN-0071 Corn FOB Brazil $/mt
Incorrect prices:
M1: $228.5 per tonne
M2 $226.75 per tonne
M3 $218 per tonne
M4 $211.75 per tonne
M5 $211.75 per tonne
M6 $216.5 per tonne
M7 $217.75 per tonne
M8 $221.75 per tonne
M9 $228 per tonne
Corrected to:
M1: $228.75 per tonne
M2: $227.75 per tonne
M3: $218.75 per tonne
M4 $211 per tonne
M5 $211 per tonne
M6 $215.25 per tonne
M7 $216.5 per tonne
M8 $220.25 per tonne
M9 $226.75 per tonne

AG-CRN-0073 Corn CIF US Gulf Barge $/mt
Incorrect prices:
M1: $215.75 per tonne
M2: $216.50 per tonne
M3: $214.50 per tonne
M4: $202.25 per tonne
M5: $202.25 per tonne
M6: $205.00 per tonne
M7: $205.00 per tonne
M8: $205.00 per tonne
M9: $210.50 per tonne
Corrected to:
M1: $216.25 per tonne
M2: $215.25 per tonne
M3: $217.25 per tonne
M4: $201.50 per tonne
M5: $201.50 per tonne
M6: $203.75 per tonne
M7: $203.75 per tonne
M8: $203.75 per tonne
M9: $209.50 per tonne

AG-CRN-0075 Corn FOB US Gulf $/mt
Incorrect prices:
M1: $217.75 per tonne
M2: $216.50 per tonne
M3: $216.25 per tonne
M4: $212.50 per tonne
M5: $209.25 per tonne
M6: $210.50 per tonne
M7: $208.75 per tonne
M8: $207.50 per tonne
M9: $213.00 per tonne
Corrected to:
M1: $218.25 per tonne
M2: $217.25 per tonne
M3: $216.75 per tonne
M4: $211.75 per tonne
M5: $208.75 per tonne
M6: $209.25 per tonne
M7: $207.25 per tonne
M8: $206.25 per tonne
M9: $212.00 per tonne

AG-CRN-0077 Corn FOB US PNW $/mt
Incorrect prices:
M1: $227.75 per tonne
M2: $226.00 per tonne
M3: $224.75 per tonne
M4: $217.50 per tonne
M5: $218.50 per tonne
M6: $219.25 per tonne
M7: $221.25 per tonne
M8: $221.25 per tonne
M9: $226.75 per tonne
Corrected to:
M1: $228.00 per tonne
M2: $226.75 per tonne
M3: $225.50 per tonne
M4: $217.00 per tonne
M5: $217.75 per tonne
M6: $218.00 per tonne
M7: $220.00 per tonne
M8: $220.00 per tonne
M9: $225.75 per tonne

AG-WHE-0058 Wheat 10.5%, fob US Gulf SRW $/tonne
Incorrect prices:
M1: $226 per tonne
M2: $220.25 per tonne
M3 $220.25 per tonne
M4: $220.25 per tonne
M5: $223.75 per tonne
Corrected to:
M1: $221.25 per tonne
M2: $215.75 per tonne
M3 $215.75 per tonne
M4: $215.75 per tonne
M5: $219.50 per tonne

AG-WHE-0026 Wheat 11% FOB US Gulf HRW $/mt
Incorrect prices:
M1: $238 per tonne
M2: $235.50 per tonne
M3 $235.50 per tonne
M4: $237.25 per tonne
M5: $241 per tonne
M6: $246 per tonne
M7: $242.25 per tonne
M8: $242.25 per tonne
M9: 249.50 per tonne
Corrected to:
M1: $233.50 per tonne
M2: $231.50 per tonne
M3 $231.50 per tonne
M4: $233.25 per tonne
M5: $237 per tonne
M6: $242.50 per tonne
M7: $238.75 per tonne
M8: $238.75 per tonne
M9: 246.25 per tonne

AG-WHE-0027 Wheat 10% FOB US Pacific Northwest SW $/mt
Incorrect prices:
M1: $233.25 per tonne
M2: $233.25 per tonne
M3 $231 per tonne
M4: $232 per tonne
M5: $233 per tonne
M6: $236 per tonne
M7: $236 per tonne
M8: $236 per tonne
M9: $239.50 per tonne
Corrected to:
M1: $228.50 per tonne
M2: $228.75 per tonne
M3 $226.50 per tonne
M4: $227.50 per tonne
M5: $228.75 per tonne
M6: $232 per tonne
M7: $232 per tonne
M8: $232 per tonne
M9: $236 per tonne

These prices are part of the Fastmarkets Ags Grains pricing package and the Ags Oils, Fats and Biofuels pricing package.

For more information or to provide feedback on this correction notice or if you would like to provide price information by becoming a data submitter to this price, please contact Eduardo Tinti by email at: pricing@fastmarkets.com. Please add the subject heading “FAO: Eduardo Tinti, re: Agricultural commodities’ outright prices.”

Please indicate if comments are confidential. Fastmarkets will consider all comments received and will make comments not marked as confidential available upon request.

To see all Fastmarkets pricing methodology and specification documents, go to https://www.fastmarkets.com/methodology.

What to read next
An incorrect EUR/USD exchange rate, used to convert the cost of inputs priced in euros to US dollars, caused the prices to be calculated incorrectly. This has now been rectified. The following prices were affected: AG-SAF-0004 Sustainable aviation fuel (SAF max), base cost, exw Netherlands, $/tonnePublished incorrectly as: $2,995 per tonneCorrected to: $1,996 per tonne […]
The publication of Fastmarkets’ European aluminium billet premiums assessments for Friday February 6 was delayed because of a procedural error. Fastmarkets’ pricing database has been updated.
Fastmarkets has corrected its MB-GD-0001 Gadolinium oxide 99.99%-99.999% fob China, $/kg price, which was published incorrectly.
Fastmarkets launches MB-STE-0951 Steel hot-rolled coil index, fob mill Canada on Thursday February 5.
The consultation, which is open until Friday March 6, seeks to ensure that our audited methodologies and price specifications continue to reflect the physical markets for steelmaking raw materials, in compliance with the International Organization of Securities Commissions (IOSCO) principles for Price Reporting Agencies (PRAs). This includes all elements of our pricing process, our price […]
The price subject to this annual review is Fastmarkets’ MB-STE-0141 steel billet import, cfr Manila, $/tonne.​This consultation, which is open until Friday March 6, seeks to ensure that our methodologies continue to reflect the physical CFR Manila steel billet market, in compliance with the International Organization of Securities Commission (IOSCO) principles for price reporting agencies (PRAs). This […]