XM does not provide services to residents of the United States of America.

Export Summary-USDA reports soy sales to China, corn to Mexico, soyoil to India



<html xmlns="http://www.w3.org/1999/xhtml"><head><title>Export Summary-USDA reports soy sales to China, corn to Mexico, soyoil to India</title></head><body>

Nov 1 (Reuters) -Snapshot of the global export markets for grains, oilseeds and edible oils as reported by government and private sources as of the end of business on Friday:


SOYBEAN SALES: The U.S. Department of Agriculture (USDA) confirmed private sales of 132,000 metric tons of U.S. soybeans to China and 198,000 tons to unknown destinations for shipment in the 2024/25 marketing year.


CORN SALES: The USDA confirmed private sales of 781,332 metric tons of U.S. corn to Mexico, including 715,800 tons for shipment in the 2024/25 marketing year and 65,532 tons for 2025/26.


SOYOIL SALE: The USDA confirmed private sales of 80,000 metric tons of U.S. soybean oil to India for shipment in the 2024/25 marketing year.


SOYMEAL SALE: South Korea’s Major Feedmill Group (MFG) on Thursday purchased an estimated 60,000 metric tons of soymeal expected to be sourced from South America, the United States or China, European traders said on Friday.


DURUM SALE: Tunisia's state grains agency is believed to have purchased about 75,000 metric tons of durum wheat in an international tender on Friday, European traders said.


RICE TENDER UPDATE: The lowest price offered in the international tender from Indonesian state purchasing agency Bulog to buy about 500,000 metric tons of rice was estimated at $479 a ton cost and freight for rice expected to be sourced from Pakistan, European traders said. No purchase has yet been reported and price negotiations are expected to continue in coming days, traders said. A decision is expected next week.


WHEAT PURCHASE: Algeria’s state grains agency OAIC is believed to have purchased about 600,000 metric tons of milling wheat in an international tender that closed on Thursday, European traders said on Friday. This was at the higher end of trader estimates that had ranged from 480,000 to 600,000 tons.


CORN PURCHASE: The Korea Feed Association (KFA) Busan section in South Korea purchased an estimated 70,000 metric tons of animal feed corn expected to be sourced from South America or South Africa in a private deal on Thursday without issuing an international tender, European traders said on Friday.


PENDING TENDERS:


RICE TENDER: Bangladesh's state grains buyer issued an international tender to purchase 50,000 metric tons of rice, traders said. The deadline for submission of price offers is Nov. 4.


RICE TENDER: The state purchasing agency in Mauritius issued an international tender to buy 4,000 metric tons of long grain white rice sourced from optional origins, European traders said. The deadline for submission of price offers is Nov. 5.


WHEAT TENDER: Jordan's state grain buyer issued an international tender to buy up to 120,000 metric tons of milling wheat, which can be sourced from optional origins, European traders said. The deadline for submission of price offers is Nov. 5.


FEED BARLEY TENDER: Jordan's state grains buyer issued an international tender to purchase up to 120,000 metric tons of animal feed barley, European traders said. The deadline for submission of price offers in the tender is Nov. 6.


RICE TENDER: South Korea's state-backed Agro-Fisheries & Food Trade Corp issued an international tender to purchase an estimated 101,000 metric tons of rice, European traders said. The deadline for submissions of price offers is Nov. 7.


WHEAT TENDER: Bangladesh's state grains buyer issued another international tender to purchase 50,000 metric tons of milling wheat, European traders said. The deadline for submission of price offers is Nov. 7.


(Compiled by Karl Plume in Chicago)

For top agriculture stories, see: TOP/GRO
</body></html>

Disclaimer: The XM Group entities provide execution-only service and access to our Online Trading Facility, permitting a person to view and/or use the content available on or via the website, is not intended to change or expand on this, nor does it change or expand on this. Such access and use are always subject to: (i) Terms and Conditions; (ii) Risk Warnings; and (iii) Full Disclaimer. Such content is therefore provided as no more than general information. Particularly, please be aware that the contents of our Online Trading Facility are neither a solicitation, nor an offer to enter any transactions on the financial markets. Trading on any financial market involves a significant level of risk to your capital.

All material published on our Online Trading Facility is intended for educational/informational purposes only, and does not contain – nor should it be considered as containing – financial, investment tax or trading advice and recommendations; or a record of our trading prices; or an offer of, or solicitation for, a transaction in any financial instruments; or unsolicited financial promotions to you.

Any third-party content, as well as content prepared by XM, such as: opinions, news, research, analyses, prices and other information or links to third-party sites contained on this website are provided on an “as-is” basis, as general market commentary, and do not constitute investment advice. To the extent that any content is construed as investment research, you must note and accept that the content was not intended to and has not been prepared in accordance with legal requirements designed to promote the independence of investment research and as such, it would be considered as marketing communication under the relevant laws and regulations. Please ensure that you have read and understood our Notification on Non-Independent Investment. Research and Risk Warning concerning the foregoing information, which can be accessed here.

Risk Warning: Your capital is at risk. Leveraged products may not be suitable for everyone. Please consider our Risk Disclosure.