According to Oil World data, Malaysia’s palm oil exports reached a four-year high in 2024 at 16.9 million tons, an increase of 1.8 million tons from the previous year.
Over the past week, wheat, corn, and soyoil futures in Chicago increased. The price of the current soybean crop also rose, while the price of the new soybean crop declined, and soymeal prices fell. In Paris, wheat and rapeseed futures decreased, the March corn contract rose, while the subsequent contracts declined.
Strategie Grains has raised its forecast for the 2025/26 EU soft wheat production to 127.2 million tons (from 126.6 million tons in the previous estimate), which is significantly higher than the 2024/25 figure.
According to a forecast by SovEcon, Russia's wheat exports in January are expected to be between 1.8 and 2.2 million tons (compared to 3.6 million in January 2024).
Yesterday, wheat, corn, and soyoil futures in Chicago increased, while soybean and soymeal futures decreased. In Paris, wheat and corn futures declined, while rapeseed futures were mixed.
Yesterday, wheat and soyoil futures rose in Chicago, while corn, soybean, and soymeal futures declined. In Paris, wheat, corn, and rapeseed futures fell.
