Export Summary-United States sells soybeans to China; Jordan seeks barley

<html xmlns="http://www.w3.org/1999/xhtml"><head><title>CORRECTED-Export Summary-United States sells soybeans to China; Jordan seeks barley</title></head><body>

In first item, corrects delivery period to the 2023/24 marketing year, not 2022/23.

Jan 26 (Reuters) -The following is a snapshot of global export markets for grains, oilseeds and edible oils as reported by government and private sources, as of the close of business on Thursday:

SOYBEAN SALES: The U.S. Department of Agriculture (USDA) confirmed private sales of 106,000 tonnes of U.S. soybeans for delivery to China during the 2023/24 marketing year that begins Sept. 1, 2023.

FEED WHEAT PURCHASE: Leading South Korea's animal feed maker Nonghyup Feed Inc. (NOFI) purchased around 11,000 tonnes of animal feed wheat expected to be sourced from the United States in a private deal on Thursday after earlier making no purchase in an international tender for feed wheat, European traders said. Price in the private deal was estimated at $350 a tonne c&f for unloading in one port. Seller was believed to be trading house Agrocorp.

FEED BARLEY TENDER: Jordan's state grains buyer issued an international tender to purchase up to 120,000 tonnes of animal feed barley, European traders said. The deadline for submission of price offers is Feb. 1.


SOYBEAN TENDER: South Korea's state-backed Agro-Fisheries & Food Trade Corp issued international tenders to purchase around 19,000 tonnes of food-quality soybeans free of genetically-modified organisms (GMOs), European traders said. The soybeans are sought from any worldwide origins. The deadline for submissions of price offers in the tenders was Jan. 19.

RAPESEED MEAL TENDER: South Korean animal feed maker Nonghyup Feed Inc. (NOFI) issued an international tender to purchase up to 40,000 tonnes of rapeseed meal sourced from India, European traders said. The deadline for submission of price offers in the tender is Jan. 26.

WHEAT TENDER: Jordan's state grain buyer issued an international tender to buy up to 120,000 tonnes of milling wheat which can be sourced from optional origins, European traders said. The deadline for submission of price offers in the tender is Jan. 31.

(Compiled by Julie Ingwersen in Chicago)

For top agriculture stories, see: TOP/GRO

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.

We are using cookies to give you the best experience on our website. Read more or change your cookie settings.

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