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Back from the fields: Romania wheat crop tour – December 2024
WhitePaper - 24/10/03Shrinking profitability of organic farming
Low organic commodity prices are reducing farmers’ net returns, which could push them out of the organic market if these trends continue.
WhitePaper - 24/09/20Spain poised for firmer cross Atlantic corn imports
Exporters in the Americas could grow their share in Spain's feed grain market in 2024-25 due to reduced supply from the EU and Black Sea region.
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CHS grows STL capacity with new terminal deal
CHS grows STL capacity with new terminal deal
Houston, 8 January (Argus) — US agribusiness CHS will increase its fertilizer product delivery capacity to farmers after securing an exclusive deal with an Ingram Barge subsidiary at its St Louis, Missouri, terminal ahead of this spring. Ingram Barge subsidiary SCF Lewis and Clark Terminals will only move CHS product at its Municipal River Terminal in St Louis, allowing CHS access to more rail and barge shipments for distribution. "This new pathway improves the efficiency and flexibility in our supply chain, so our farmers can have access to needed inputs, particularly during the busy growing season," CHS crop nutrients vice president Roger Baker said. The CHS supply chain includes imports and the domestic distribution of nitrogen, phosphate, potassium and sulfur fertilizers. CHS is a global agribusiness with a portfolio that includes agronomy, grains and energy businesses that reached a revenue of $39bn for fiscal year 2024. Ingram Barge Company operates a fleet of 150 towboats and 5,100 barges that transports commodities across the US river system. By Meghan Yoyotte Send comments and request more information at feedback@argusmedia.com Copyright © 2025. Argus Media group . All rights reserved.
Indonesia necessitates UCO, Pome oil export approvals
Indonesia necessitates UCO, Pome oil export approvals
Singapore, 8 January (Argus) — Indonesian exporters of palm oil derivative products must now obtain approvals to ship them out of the country, according to a regulation released by the Indonesian ministry of trade today. The palm oil derivative products include used cooking oil (UCO) and palm oil residue palm oil mill effluent (Pome) oil. The regulation is to ensure adequate availability of feedstocks to support the rollout of Indonesia's B40 mandate, under which companies will have to supply 40pc biodiesel blends from the end of February . Export approvals will be valid for six months from the date of issuance, according to the regulation. Further export policies will be discussed and agreed upon in an upcoming co-ordination meeting between relevant ministries and non-ministerial government institutions which market participants said is likely to be held on 13 or 14 January. The service for applying for export approvals will be temporarily suspended until the meeting is held. During the meeting, a quota system for exports might also be discussed, said Indonesia-based market participants. An integrated team could also be formed to supervise exports, including bodies such as the Co-ordinating Ministry of Economic Affairs, Ministry of Trade, Industry, Agriculture, Finance and others. Indonesia-origin UCO prices in flexibag have been on an uptrend since the end of October 2024, rising to over 1½-year highs of $960/t on 20 December, according to Argus' assessments. They were slightly higher at $965/t on 7 January and remained at that level on 8 January. Argus assessed Pome oil fob Indonesia at a 29-month high of $1,010/t on 9 December, although prices have since softened slightly to $960/t on 8 January. Prices were driven up by escalating palm oil prices, and the country raising export levies on UCO and Pome oil to 6pc and 7.5pc of the monthly crude palm oil (CPO) reference price respectively in September last year. More recently, UCO sellers were short on stocks, and rushed to aggregate volumes to fulfill export obligations. Another round of export levy increases is looming, although market participants feel this might not be enough to fund B40 across all transport sectors as well. The country's ministry of energy and mineral resources said on 3 January that biodiesel producers and fuel retailers must supply 15.6mn kilolitres of biodiesel to fulfill the B40 mandate. By Sarah Giam Send comments and request more information at feedback@argusmedia.com Copyright © 2025. Argus Media group . All rights reserved.
Turkey allocates SFS, SFO import quotas to buyers
Turkey allocates SFS, SFO import quotas to buyers
Kyiv, 6 January (Argus) — Turkey has allocated import tariff quotas for sunflower seeds (SFS) and sunflower oil (SFO) for January-April to local buyers. Under the quotas, 1mn t of SFS and 400,000t of SFO are allowed to be imported at reduced import duties from 1 January-30 April. SFS within the allocated volume will benefit from 0pc import duty, while duties outside of the allocated quota are set at 12pc. For SFO, the allocated quota import duty is set at 20pc and at 36pc outside of the allocated quota. In August, Turkey introduced tariff quotas on SFS and SFO to allow local buyers of domestic products to benefit from lower import duties, while supporting Turkish farmers during harvest at the start of the 2024-25 marketing year (September-August). In November, the country reduced SFS duties further . Turkey is one of the world's largest importers of SFS and SFO, with the seeds used to meet the needs of the country's domestic crushing and refining industry. SFO is the most-consumed oil product in Turkey, with the country's local SFS production covering only about two-thirds of demand. Turkish SFS imports are projected to reach 450,000t this marketing season, up from 310,000t estimated for 2023-24. SFO imports are forecast at 1.25mn t in 2024-25, down from 1.49mn t in 2023-24, according to the US Department of Agriculture. By Kristin Yavorska Send comments and request more information at feedback@argusmedia.com Copyright © 2025. Argus Media group . All rights reserved.
Argentina wheat harvest enters final stretch
Argentina wheat harvest enters final stretch
Washington, 3 January (Argus) — Argentina farmers have entered the final phase of the wheat harvest, following recent rainfall that slowed some progress, according to the Buenos Aires Grain Exchange (Bage). Wheat harvesting was 94.7pc complete in the week ended 2 January. The harvest advanced by just 6.2 percentage points on account of rainfall that limited progress in southeast Buenos Aires. The national wheat yield was 3.03 t/ha, up from 2.99 t/ha in the week prior. Bage maintained its forecast for wheat production at 18.6mn t for the 2024-25 crop, despite the national yield increasing steadily each week. Soybeans Soybean planting also entered the final stages, advancing by 8 percentage points during the week to 92.7pc completed. Bage maintained its projection of 18.4mn hectares to be planted. Soybean ratings dropped for the week, with Bage rating the crop as 53pc excellent, 43pc normal and 4pc poor. In the prior week, soybeans were rated as 58pc excellent, 38pc normal and 4pc poor. Moisture conditions for soybeans were reported as 81pc optimal and 19pc normal, drier than the past week at 88pc optimal and 12pc normal. Most of the soybean growing areas did not receive the rainfall that wheat areas did. Corn Corn planting progressed by 6.5 percentage points during the week, reaching 87.4pc completion. Bage maintained its projection of 6.6mn hectares to be planted. Rainfall in the south of Buenos Aires and in Cordoba improved the conditions for late-planted corn, but moisture conditions for corn declined nationally as much of the crop didn't receive rain amid high temperatures. Corn in south-central Argentina is starting to show signs of water stress, with some yellowing leaves and possible yield loss. Bage reported corn moisture conditions as 81.5pc optimal and 18.5pc normal, compared to the previous week at 88pc optimal and 12pc normal. Sunflower Sunflower harvesting began in Argentina, with the first results having an average yield of 1.88 t/ha. Bage expects the remaining crop to have higher yields. The sunflower crop was rated as 85pc excellent and 15pc normal for the week, little changed from the week prior. Ratings were significantly higher than this time last year, when the crop was rated as 44pc excellent, 45pc normal and 11pc poor. The sunflower crop also didn't receive much rainfall for the week, with Bage reporting moisture as 62pc optimal and 38pc normal, down from 65pc optimal and 35pc normal in the prior week. Bage said 32.4pc of the 2mn hectares of sunflower are in the reproductive stage, and that producers are beginning to worry about the lack of forecast rain. By Rachel Nelson Send comments and request more information at feedback@argusmedia.com Copyright © 2025. Argus Media group . All rights reserved.
