Correction to Soybean FOB PNW $/mt on August 21

Fastmarkets has corrected its assessment of the AG-SYB-0022 Soybean FOB US PNW $/mt, which was published incorrectly on Wednesday August 21.

The Soybean FOB US PNW $/mt Sept 2024 M1 was published incorrectly at $412.25 per tonne.

This has been corrected to $410.50 per tonne.

The Soybean FOB US PNW $/mt Oct 2024 M2 was published incorrectly at $410.50 per tonne.

This has been corrected to $410.75 per tonne.

Fastmarkets’ pricing database has been updated to reflect this change.

This price is part of the Ags Grain Prices and Ags Oils, Fats and Biofuels Prices packages.

For more information, or to provide feedback on this correction notice, or if you would like to provide price information by becoming a data submitter to this price, please contact Eduardo Tinti by email at: pricing.ags@fastmarkets.com. Please add the subject heading “FAO: Eduardo Tinti re: Soybean FOB US PNW.”

Please indicate if comments are confidential. Fastmarkets will consider all comments received and will make comments not marked as confidential available upon request.

To see all Fastmarkets’ pricing methodology and specification documents, go to: https://www.fastmarkets.com/methodology/ 

What to read next
Fastmarkets and the Intercontinental Exchange (ICE) introduced the used cooking oil (UCO) Gulf (Fastmarkets) futures contract on November 01, 2024. This contract is linked to Fastmarkets' used cooking oil price assessment and addresses growing demand and complexity in the biofuel feedstock market. It offers market participants a valuable tool for risk management
Fastmarkets is inviting feedback on the pricing methodology for MB-AL-0004 aluminium P1020A premium, in-whs dp Rotterdam and MB-AL-0346 aluminium P1020A premium, in-whs dup Rotterdam ahead of the definitive period of the European Union’s Carbon Border Adjustment Mechanism which starts from January 2026.
Fastmarkets proposes to assess and publish its graphite electrodes, high power, fob China and graphite electrodes, ultra high power assessments on a monthly basis, rather than on the previous fortnightly basis. The proposal follows Fastmarkets’ observations that these two commodities see inactive spot liquidity and low volatility in prices. The proposed new specifications for the […]
The publication of Fastmarkets’ MB-PB-0086 lead 99.99% ingot premium, cif India and MB-PB-0087 lead 99.97% ingot premium, cif India assessments for Tuesday November 5 were delayed due to a reporter error.
The publication of Fastmarkets' China, Japan, Korea battery grade lithium assessments for November 4, 2024, were delayed because of a reporter error. Fastmarkets’ pricing database has been updated.
Speculators in the US corn market cut short positions, helping send the net short to the highest level since August 2023, while adding shorts in soybean and wheat contracts in the week to Tuesday October 29, data from the Commodity Futures Trading Commission (CFTC) showed late on Friday November 1.