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🚜Corn yield in Ukraine reported higher, while that of soybean partially reversed previous improvement – ASAP Agri As of 17 October, Ukrainian farmers have harvested 13.2 MMT of corn. Sunflower harvesting advanced to 9.3 MMT. Soybean harvesting reached 5.2 MMT so far. More field info👉 https://lnkd.in/dBk_d-uC

🛳Coaster freight rates for transportation from Ukraine continue to rise – ASAP Agri The market remains active, with fresh grain cargo orders coming from both POC and Ukrainian Danube ports. A shortage of coaster vessels persists, allowing owners to dictate terms and push for higher rates. Meanwhile, Handysize tonnage availability appears sufficient to meet current cargo volumes, keeping corresponding freight rates stable. Freight rates 👉 https://lnkd.in/dg7u4sqU

🇧🇷🫘Brazil’s Secex indicates that soybean meal export in Sep decreased by 15.22% m/m, totaling 1.75 MMT. – admis.com 🇧🇷🫘Soy oil exports in Sep amounted to 81.16 KMT, down 23.2% m/m

🇯🇵🫘Japanese customs reported Sep total soybean imports at 167 KMT, up 20% y/y, with soybean imports from the U.S. up 52% to 110 KMT. – StoneX

🇧🇷🫘Brazil’s Secex indicates that soya export in Sep reached 6.1 MMT, 24% lower m/m, 4.5% down compared to Sep 2023, and the smallest volume since Jan 2024. Jan-Sep export totaled 89.54 MMT, up 2.6% y/y and a record high. – admis.co

🇧🇷🫘Forecasts of rainfall in important soy-producing areas in Brazil brought good expectations in mid-Oct, especially due to the limited pace of planting activities of 2024/25 crop. – admis.com

🇹🇼🌽Taiwan’s MFIG issued a tender for up to 65 KMT of corn for shipment from late Dec through mid-Jan, from either Argentina, Brazil, or South Africa. – StoneX

🇰🇷🌽South Korea’s KFA and NOFI bought 65 KMT of corn each in private deals on 17 Oct, from either the U.S. or S.A., both at 236.50 USD/MT C&F for arrival from late Dec through early Jan. – StoneX

🇺🇸🌽Private exporters reported the sales activity for MY 2024/2025, including 197.18 KMT of corn for delivery to Mexico and 101 KMT of corn for delivery to unknown destinations. – USDA

🌍🌽IGC maintained its forecasts for 2024/25 global corn crop at 1.224 BLN MT, with small upward revisions for the USA and India offset by diminished crop prospects in russia and Egypt. – Reuters