Early publication of US agricultural products price assessments

Fastmarkets will publish price assessments at 12:00pm CT on Tuesday December 24 for US animal fats and oils, animal proteins, biomass-based diesel, hide and leather, grain and feed ingredients, organic/non-GMO, and vegetable oils.

This is because of the Christmas holiday in the US and the consequent early closure for the day of the Chicago Mercantile Exchange (CME). Normal service will resume on December 26.

The affected prices are in the Fastmarkets Ags, Ags Grains, Industrial Ags, Oils, Fats, Animal Proteins and Biofuels pricing packages.

For more information, or to provide feedback on the publication of these assessments, or if you would like to provide price information by becoming a data submitter to these assessments, please contact Chloe Krimmel by email at: pricing@fastmarkets.com. Please add the subject heading “FAO: Chloe Krimmel, re: US agricultural products price assessments.”

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.

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This is Fastmarkets’ weekly recap of the main movements in global cash markets.
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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.