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
The following prices were affected: MB-STE-0007 Steel hot-rolled coil domestic monthly, exw Brazil, reais/tonne MB-STE-0005 Steel cold-rolled coil domestic monthly, exw Brazil, reais/tonne MB-STE-0006 Steel hot-dipped galvanized coil domestic monthly, exw Brazil, reais/tonne MB-STE-0008 Steel reinforcing bar (rebar) domestic monthly, delivered Brazil, reais/tonne These prices are a part of the Fastmarkets steel package. For more information or to provide […]
Fastmarkets proposes to discontinue the following duplicate prices, which were previously assessed on a US timestamp and also assessed in Asia, to better reflect observed market liquidity and based on previously received market feedback. Fastmarkets assessed these markets in both the US and Asia following the acquisition and merger of The Jacobson and Palm Oil […]
Fastmarkets has proposed several changes to the methodologies for its suite of global palm and lauric oil methodologies to give more insight into how these prices are assessed. It is also clarifying the timing and monthly rolls of several assessments. Fastmarkets has observed growth and market interest in these prices and wishes to give more […]
Fastmarkets proposes to amend the pricing frequency of its copper grade A cathode premium, delivered Germany; copper grade A cathode premium, cif Leghorn; and copper EQ cathode premium, cif Europe to one a week from the current fortnightly basis, effective December 30.
The following prices were affected: MB-STE-0916 Green steel domestic, differential to US HRC, fob mill, $/short ton MB-STE-0917 Green steel base price, hot-rolled coil fob US mill, weekly inferred, $/short ton These prices are a part of the Fastmarkets steel package. For more information or to provide feedback on the delayed publication of this price or if […]
Fastmarkets will launch a new weekly price assessment for tungsten concentrate, basis 50-70% WO3, spot price, $/mtu WO3 on Friday December 19, with a slight amendment to the originally proposed incoterms. Based on feedback from market participants, Fastmarkets will now launch a price assessed on a CIF global basis, rather than on a CIF Rotterdam […]