Brazil 2023/24 Soy Harvest 74% Done as of March 28: Agrural Compares with 69% a week earlier and 76% a year before, according to an emailed report from consulting firm AgRural. Summer corn harvest 82% done in Brazil’s Center-South region as of March 28, compared with 75% a week earlier and 64% a year before

US Inspected 1.432m Tons of Corn for Export, 414k of Soybeans In week ending March 28, according to the USDA’s weekly inspections report. US Corn, Soybean, Wheat Inspections by Country: March 28 Following is a summary of USDA inspections for week ending March 28 of corn, soybeans and wheat for export, from the Grain Inspection, Packers …

GAPKI: Production-Based DMO Will Burden Palm Smallholders

JAKARTA – The Indonesian Palm Oil Association (GAPKI) Chairman Eddy Martono said that changing the domestic market obligation (DMO) of crude palm oil (CPO) from the current export-based scheme to production-based scheme will actually burden the smallholders. “The current DMO scheme is based on palm oil exports, so it is limited to the producers-cum-exporters only. …

Palm oil extends rise on short coverings, Chicago soyoil strength

Malaysian palm oil futures rose for the third consecutive session on Tuesday, helped by short coverings and strength in Chicago soyoil after trading sideways earlier in the day. The benchmark palm oil contract FCPOc3 for June delivery on the Bursa Malaysia Derivatives Exchange gained 41 ringgit, or 0.96%, to 4,308 ringgit ($906.57) a metric ton …

India wheat imports to soar

NEW DELHI, INDIA — Despite an anticipated record wheat crop, India’s wheat imports are projected to soar in the 2024-25 marketing year on steady domestic demand, a decline in government-held stocks and relatively weak global prices, a report from the Foreign Agricultural Service (FAS) of the US Department of Agriculture said. The Global Agricultural Information …

ARG/BRZL SOYOIL/SOYMEAL FOB/BASIS-

SOYOIL Basis/Fob vs CBOT:ARGENTINA-Apr ?/-790(Fob Seller ?/Buyer 897.27)May-710/-840(914.91/886.25)+10$JJ-760/-920(916.00/880.74)+7Aug ?/-800(?/909.18)BRAZIL-Apr NS/-750(NS/906.09)May-550/-800(950.18/895.07)+8JJ-720/-950(924.83/874.12)+4 ARGN FOB SUNOIL:Apr/May Slr 875$/Byr 830(-5$) SOYMEAL Basis/Fob vs CBOT:Argntna/Brzl CloseUSA Gulf:Apr+27(Fob Slr 391.65$)-6$May+23(387.24)-5JJ+22(390.32)-6