DAILY MARKET REPORT 24 DECEMBER 2018
|
|
- Letitia Shields
- 5 years ago
- Views:
Transcription
1 DAILY MARKET REPORT 24 DECEMBER 2018 Unigrain (Pty) Ltd Tel. No. : Fax. No. : Economic Indicators Quote at 12h00 previous day Current quote Change % Change Rand/Dollar Euro/Dollar Gold Platinum Brent Crude JSE Top Dow Jones Indus Avg The changes in the table above is from previous Safex close (12h00) The rand is weaker this morning and trading around R14.51/$ with the stronger dollar adding some pressure. The rand traded as high as R14.69/$ in the session on Friday. South African equities posted some gains on Friday with the JSE Top40 ending 0.45% higher. In the US the dollar is stronger trading around to the euro this morning and US equities once again ended sharply lower with the Dow ending 1.81% lower in the daytime session on Friday and this morning the Dow futures are 0.50% higher. Commodity prices are mixed with gold prices 0.52% higher on some safe haven buying while platinum prices are 0.73% lower this morning. Brent crude oil prices are 0.15% higher than the levels seen at Safex close on Friday. US Dollar/South African Rand Key data releases: No major data releases
2 International Market Quote at 12h00 previous day Current quote Change % Change CME Mar maize CME Jul maize CME Mar wheat KCBT Mar wheat KCBT Jul wheat Matif Mar wheat (Euro/ton) CME Jan soybeans Mar CME maize R/ton Jul CME maize R/ton Mar CME wheat R/ton Mar KCBT wheat R/ton Jul KCBT wheat R/ton Jan CME soybeans R/ton The changes in the table above is from Safex close (12h00) Corn US maize prices ended slightly higher on Friday due to some short covering and technical buying that was seen. This morning the electronic prices are slightly lower. In the US maize export market the USDA announced private sales of tons of US maize that was sold to an unknown destination for delivery in the 2018/19 season. In the world market Taiwan bought tons of maize which will be sourced from the US or Brazil. In South America some showers was seen the past weekend and some more rainfall is forecasted for Argentina in the week ahead which should be beneficial for their maize crop. On the chart for March CME resistance is seen around $3.78-$3.80 and support is seen at $3.68 and the $3.55 area. Soybeans US soybean contracts traded lower trading to a 3-week low with the slower than expected pace of Chinese buying and the improving South American soybean crop weighing on prices. This morning the electronic prices are also lower. In the US soybean export market the USDA announced private sales of tons of US soybeans that was sold to an unknown destination. However market participants are looking for more US sales to China. Improved South American weather conditions have boosted the soybean crop prospects for Brazil and Argentina which is weighing on global soybean prices. Wheat US wheat prices traded lower setting a new 2-week low after Russia boosted their grain export estimates while the US continues to face major competition in the export market. This morning the electronic prices are slightly higher. The Russian government raised the grain export estimate for the 2018/19 marketing season which could be a sign that they do not plan to curb export anytime soon. On the chart for March KCBT wheat we see that the market has broken below the 40-day average and prices did get some support around $5.00/bushel. 2
3 US rainfall forecast for the week ahead US 6-10 Day temperature forecast South American rainfall forecast 3
4 South African Market 21 December 2018 Maize South African maize prices started the day higher on Friday with some more gains that was seen after the opening. March white maize started the day at R3115 and posted some strong gains after that trading to a high fo R3249 (limits up) and the market traded around limits for some time. We did see some late selling/long liquidation with some of the weather models expecting some rainfall towards the end of the week. US maize prices are flat this morning and the rand is slightly weaker resulting in slightly higher parity prices this morning. The weather forecast expects some showers Friday/Saturday for the eastern parts of the country. However the rainfall forecasted for the western parts of the country has once again moved further out to Monday/Tuesday new week. Wheat South African wheat contracts opened the day higher with some more buying that was seen after the opening with the weaker rand adding some support. March wheat contracts started the day at R4453 which was also the intraday low with some solid buying that was seen after that. The market traded to an intraday high of R4519 breaking above the 100-day average and ending the day close to the session highs. US wheat prices are lower this morning which is putting some pressure on parity prices despite the weaker rand. We did see some buying in our market on Friday and the weaker rand this morning could once again be supportive for local wheat in the session today. Oilseeds White Maize MTM Change High Low Mar May Jul Yellow Maize Mar May Jul Wheat Mar May Jul Sunflower Mar May Soybeans Mar May CME Corn Mar Jul South African soybean contracts started the day lower on Friday with some buying that was seen after the opening. March soybean contracts started the day at R5060 and surged higher after that trading to a high of R5196 but the market failed to hold the intraday gains and sold off into the close but still ending the day slightly higher. South African sunflower seed contracts opened the day mostly flat the market trading on both sides of the opening after that. Sunflower seed contracts started the day at R5580 and attempted to gain some ground trading to a high of R5635 but the market pulled off the session highs ending the day around the opening levels. 4
5 US soybean contracts are lower this morning which is putting some pressure on parity prices despite the weaker rand. The lower parity prices could weigh on our oilseed markets in the session today. Weather conditions Cumulative rainfall forecast for week ahead Technical Graphs Safex Mar maize prices CME Mar corn prices 5
6 Daily MAWH9 Cndl, MAWH9, Trade Price 2018/12/21, , , , , N/A, N/A SMA, MAWH9, Trade Price(Last), /12/21, SMA, MAWH9, Trade Price(Last), /12/21, SMA, MAWH9, Trade Price(Last), /12/21, SMA, MAWH9, Trade Price(Last), /12/21, /04/ /01/08 (JHB) Price ZAR T Auto RSI, MAWH9, Trade Price(Last), 14, Wilder Smoothing 2018/12/21, Value ZAR T May 2018 June 2018 July 2018 August 2018 September 2018 October 2018 November 2018 December 2018 Jan Auto 6
7 Daily CH9 Cndl, CH9, Trade Price, 2018/12/24, / 4, 379, / 4, / 4, -0 3 / 4, (-0.20%), SMA, CH9, Trade Price(Last), 40, 2018/12/24, / 2+, SMA, CH9, Trade Price(Last), 9, 2018/12/24, / 8+, SMA, CH9, Trade Price(Last), 100, 2018/12/24, / /11/ /01/15 (CHG) Price USc Bsh / / / / RSI, CH9, Trade Price(Last), 14, Exponential, 2018/12/24, /8 Value USc Bsh December 2017 January 2018 February 2018 March 2018 April 2018 May 2018 June 2018 July 2018 August 2018 September 2018 October 2018 November 2018 December 2018 Jan Auto 7
DAILY MARKET REPORT 12 APRIL 2019
DAILY MARKET REPORT 12 APRIL 2019 Unigrain (Pty) Ltd Tel. No. : +27 11 692 4400 Fax. No. : +27 11 412 1183 Economic Indicators Quote at 12h00 previous day Current quote Change % Change Rand/Dollar 13.94
More informationDAILY MARKET REPORT 01 NOVEMBER 2018
DAILY MARKET REPORT 01 NOVEMBER 2018 Unigrain (Pty) Ltd Tel. No. : +27 11 692 4400 Fax. No. : +27 11 412 1183 Economic Indicators Quote at 12h00 previous day Current quote Change % Change Rand/Dollar 14.74
More informationRudi Swanepoel. Fax:
Commodity Future CME CORN FUURES Main Board Close Change Last Change CME Corn Sep'12 7971/4 71/2 7961/4-1 CME Corn Dec'12 7981/2 73/4 7971/4-11/4 CME Corn Mar'13 8011/2 63/4 8001/4-11/4 CME Corn May'13
More informationRudi Swanepoel. Fax:
Commodity Future CME CORN FUURES Main Board Month Close Change Last Change CME Corn May'13 6511/4 21/4 654 23/4 CME Corn Jul'13 6331/2 1 6353/4 21/4 CME Corn Sep'13 567 1/4 5671/2 1/2 CME Corn Dec'13 544
More informationRudi Swanepoel. Fax:
Commodity Future CME CORN FUURES Main Board Month Close Change Last Change CME Corn Sep'13 4811/2 163/4 4781/4-31/4 CME Corn Dec'13 4721/4 17 4691/4-3 CME Corn Mar'14 4841/2 161/4 4821/2-2 CME Corn May'14
More informationLingering Effects of Truckers Strike Impact Planting Plans
THIS REPORT CONTAINS ASSESSMENTS OF COMMODITY AND TRADE ISSUES MADE BY USDA STAFF AND NOT NECESSARILY STATEMENTS OF OFFICIAL U.S. GOVERNMENT POLICY Required Report - public distribution Brazil Post: Brasilia
More informationSoybean Trade Growth: A Story of Brazil, the United States, and China
United States Department of Agriculture Foreign Agricultural Service October 2017 Soybean Trade Growth: A Story of Brazil, the United States, and China 12-Month Soybean Export Growth Year Ending September
More informationDrought in South America to Limit Soybean Exports
United States Department of Agriculture Foreign Agricultural Service Circular Series FOP 2-09 ruary 2009 Drought in South America to Limit Soybean Exports Million Tons 16 14 12 10 8 6 4 2 Annual Change
More informationSoybean and Oilseed Meal Import Prospects Higher as Severe Weather Damages EU Crops
Million Tons Million Tons Million Tons United States Department of Agriculture Foreign Agricultural Service August 2018 Soybean and Oilseed Meal Import Prospects Higher as Severe Weather Damages EU Crops
More informationChina is Key to Slow Pace of U.S. Soybean Exports
United States Department of Agriculture Foreign Agricultural Service January 2018 China is Key to Slow Pace of U.S. Soybean Exports U.S. and Brazil Soybean Exports by Destination (Accumulated Exports:
More informationU.S. Soybean Exports Forecast to Reach Record
United States Department of Agriculture Foreign Agricultural Service July 2017 U.S. Soybean Exports Forecast to Reach Record 60 Accumulated Exports by Week Total Commitments of Soybeans as of End of June
More informationWorld Wheat Supply and Demand Situation August 2018
World Wheat Supply and Demand Situation August 218 Major data source: USDA World Agricultural Supply and Demand Estimates released August 1, 218. Projections will change over the course of the year depending
More informationMonthly Economic Letter
Monthly Economic Letter Cotton Market Fundamentals & Price Outlook RECENT PRICE MOVEMENT Most cotton prices were stable over the past month. Chinese prices moved slightly higher. Indian prices moved slightly
More informationEconomic and Commodity Market Outlook
Economic and Commodity Market Outlook August 12, 2016 By Robert Coats, Ph.D. Professor Economics Department of Agricultural Economics and Agribusiness Division of Agriculture University of Arkansas System
More informationMonthly Economic Letter
Monthly Economic Letter Cotton Market Fundamentals & Price Outlook RECENT PRICE MOVEMENT The global cotton market was volatile over the past month, with values for most benchmark prices moving strongly
More informationArgentine Exporters Switch to Soybean Oil as Biodiesel Exports Fall
United States Department of Agriculture Foreign Agricultural Service Circular Series FOP 08-13 Argentine Exporters Switch to Soybean Oil as Biodiesel Exports Fall Argentina s soybean oil exports have surged
More informationShare of Brazil s Soybean Exports to China Spikes in August
United States Department of Agriculture Foreign Agricultural Service September 2018 Share of Brazil s Soybean Exports to China Spikes in August Monthly Share of Brazil's Soybean Exports to China 85% 75%
More informationChina s Rapeseed Meal Imports Rise as Seed Imports Decline
United States Department of Agriculture Foreign Agricultural Service February 2017 China s Rapeseed Meal Rise as Seed Decline Trend in China Rapeseed 12-Month Moving Totals Trend In China Rapeseed Meal
More informationWheat Marketing Situation
Wheat Marketing Situation Prepared by: Darrell L. Hanavan Executive Director Colorado Wheat Administrative Committee If you would like to receive an email when this report is updated, email gmostek@coloradowheat.org
More informationCoconut Oil Prices Spike
United States Department of Agriculture Foreign Agricultural Service Coconut Oil Prices Spike Coconut oil prices have surged over the past year in contrast to the general downward trend in other vegetable
More informationWorld Wheat Supply and Demand Situation
World Wheat Supply and Demand Situation September 218 Major data source: USDA World Agricultural Supply and Demand Estimates released September 12, 218. Projections will change over the course of the year
More informationRefined Oils Weekly Wire 04/27/2012
Refined Oils Weekly Wire 04/27/2012 The following is provided for informational purposes only and is not a recommendation to buy or sell a commodity. Much of this information is derived from sources that
More informationMarket situation Cereals Oilseeds Protein crops
Market situation Cereals Oilseeds Protein crops DG AGRI C 4 Civil Dialogue Group on Animal Products Pig Meat 13 April 2016 Exchange rates & crude oil 2 Euro US Dollar exchange rate 1.40 1.15 From the last
More informationStrong Brazilian Soybean Sales Expected to Slow Rebound in Argentine Exports
United States Department of Agriculture Foreign Agricultural Service December 2018 Strong Brazilian Soybean Sales Expected to Slow Rebound in Argentine Exports Oct. 1 - Nov. 30 Brazil Soybean Exports (Million
More informationTHIS REPORT CONTAINS ASSESSMENTS OF COMMODITY AND TRADE ISSUES MADE BY USDA STAFF AND NOT NECESSARILY STATEMENTS OF OFFICIAL U.S.
THIS REPORT CONTAINS ASSESSMENTS OF COMMODITY AND TRADE ISSUES MADE BY USDA STAFF AND NOT NECESSARILY STATEMENTS OF OFFICIAL U.S. GOVERNMENT POLICY Required Report - public distribution Date: GAIN Report
More informationWorld Wheat Supply and Demand Situation March 2018
World Wheat Supply and Demand Situation March 218 Major data source: USDA World Agricultural Supply and Demand Estimates released March 8, 218. Projections will change over the course of the year depending
More informationGas & electricity - at a glance
$/barrel /tco 2 e p/therm /MWh Gas & electricity - at a glance Week-on-Week Annual Gas Price Changes Short-term gas contracts jump Cold snap forecast for the first half of February, lifting demand Longer-dated
More informationMonthly Economic Letter
Monthly Economic Letter Cotton Market Fundamentals & Price Outlook RECENT PRICE MOVEMENT Global cotton prices were mostly stable over the past month, with NY futures, the A Index, and the CC Index virtually
More informationEarly-Season U.S. Soybean Meal Sales Surge
United States Department of Agriculture Foreign Agricultural Service November 2014 Early-Season U.S. Soybean Meal Sales Surge U.S. soybean meal export commitments (accumulated exports plus outstanding
More informationPNS Soybean Workgroup
PNS Soybean Workgroup 12 April 2016 Nico Hawkins General Manager Supply & Demand (National vs. International) Soybean: Supply and dem and (RSA vs International) SAGIS NAMC (S&D) International (USDA) Marketing
More informationIndia Soybean Meal Exports: Revised and Rebounding
United States Department of Agriculture Foreign Agricultural Service January 2017 India Soybean Meal Exports: Revised and Rebounding India Soybean Meal Exports Forecast to Rise in 8.0 Data Series Comparison
More informationAs China s Soybean Oil Imports Fall, Production Expands
United States Department of Agriculture Foreign Agricultural Service Circular Series FOP 10-10 October 2010 As China s Soybean Oil Fall, Expands 12 10 Million Metric Tons 8 6 4 2 0 2006/07 2007/08 China
More informationMONTHLY REPORTS PALM OIL JUNE - JULY 2016
MONTHLY REPORTS PALM OIL Monthly Prices Movement Palm Oil prices traded mixed with both negative and positive sentiments throughout the month amid volatility in Indian Rupee, Ringgit, weak exports and
More informationWorld Wheat Supply and Demand Situation December 2018
World Wheat Supply and Demand Situation December 218 Major data source: USDA World Agricultural Supply and Demand Estimates released December 11, 218. Projections will change over the course of the year
More informationU.S. Soybean Prices Fall as Buyers Focus Turns to South America
United States Department of Agriculture Foreign Agricultural Service Circular Series FOP 2-10 ruary 2010 U.S. Soybean Prices Fall as Buyers Focus Turns to South America $11.00 Daily U.S. Soybean Cash Price
More informationSharp Decline in Vegetable Oil Stocks Leads to Steeply Higher Prices
United States Department of Agriculture Foreign Agricultural Service Circular Series FOP 1-11 Sharp Decline in Vegetable Oil Leads to Steeply Higher Prices Commodity prices have been on an upward trend
More informationPNS Soybean Workgroup
PNS Soybean Workgroup 2 February 2017 Nico Hawkins General Manager Supply & Demand (National vs. International) SAGIS NAMC (S&D) International (USDA) Mar - Feb Final Projection: 2015/16 (c) 2016/17 (c)
More informationWorld Wheat Supply and Demand Situation October 2018
World Wheat Supply and Demand Situation October 218 Major data source: USDA World Agricultural Supply and Demand Estimates released October 12, 218. Projections will change over the course of the year
More informationChina s Global Peanut Export Share Declines
United States Department of Agriculture Foreign Agricultural Service Circular Series FOP 07-13 China s Global Peanut Export Share Declines U.S. 10% Others 19% Argentina 17% U.S. 11% Others 16% Argentina
More informationTHIS REPORT CONTAINS ASSESSMENTS OF COMMODITY AND TRADE ISSUES MADE BY USDA STAFF AND NOT NECESSARILY STATEMENTS OF OFFICIAL U.S.
THIS REPORT CONTAINS ASSESSMENTS OF COMMODITY AND TRADE ISSUES MADE BY USDA STAFF AND NOT NECESSARILY STATEMENTS OF OFFICIAL U.S. GOVERNMENT POLICY Required Report - public distribution Oilseeds and Products
More informationCanola Weekly. Index. WCE May/07 Canola Jul 9-Aug 14-Sep 20-Oct 27-Nov 4-Jan 8-Feb 16-Mar
March 2, 2 Canola Weekly Index ) Canola Steady Despite Weak Soy Complex 2) Slow Crush Improves Canola Oil Basis ) Export Demand Underpins Canola Last week, we mentioned that May canola had key support
More informationPakistan Oilseed Processors Seize Opportunity to Crush Soybeans
United States Department of Agriculture Foreign Agricultural Service December 2015 Pakistan Oilseed Processors Seize Opportunity to Crush Soybeans Pakistan, long an importer of soybean meal, is transitioning
More informationMarket Outlook. David Reinbott.
Market Outlook David Reinbott Agriculture Business Specialist P.O. Box 187 Benton, MO 63736 (573) 545-3516 http://extension.missouri.edu/scott/agriculture.aspx reinbottd@missouri.edu Trending Issues Volatile
More informationChina Tariffs Driving U.S. Soybean Exports To the European Union to a 30-Year High
United States Department of Agriculture Foreign Agricultural Service March 2019 China Tariffs Driving U.S. Soybean Exports To the European Union to a 30-Year High 12-MONTH MOVING TOTAL U.S. SOYBEAN EXPORTS
More informationWeak Real to Boost Brazil s Soybean Exports in 2016
United States Department of Agriculture Foreign Agricultural Service October 2015 Weak Real to Boost Brazil s Soybean Exports in 2016 Brazil s exchange rate is having a significant impact on domestic and
More informationIndian Soybean Meal Exports Unlikely to Recover in 2015/16
United States Department of Agriculture Foreign Agricultural Service November 2015 Indian Soybean Meal Exports Unlikely to Recover in Though once a significant regional exporter of soybean meal, India
More information2019 Grain Update December 4, 2018
2019 Grain Update December 4, 2018 Orange Juice (Jan '19) Live Cattle (Dec '18) S&P 500 E-Mini (Dec '18) Dow Indu 30 E-Mini (Dec '18) Cotton #2 (Dec '18) U.S. Dollar Index (Dec '18) Wheat (Dec '18) Nasdaq
More informationMarket Report INTERNATIONAL GRAINS COUNCIL. HIGHLIGHTS WORLD ESTIMATES
Grain GMR 467 1 July 2016 INTERNATIONAL GRAINS COUNCIL www.igc.int Market Report HIGHLIGHTS The forecast for total grains (wheat and coarse grains) production in 2016/17 is up by 10m t m/m (month-on-month),
More informationUSDA Projections of Bioenergy-Related Corn and Soyoil Use for
USDA Projections of Bioenergy-Related Corn and Soyoil Use for 2010-2019 Daniel M. O Brien, Extension Agricultural Economist K-State Research and Extension The United States Department of Agriculture released
More informationSoybean Oil Prices Diverge on Different Supply Situations
United States Department of Agriculture Foreign Agricultural Service Circular Series FOP 10-09 October 2009 Soybean Oil Prices Diverge on Different Supply Situations Soybean Oil Price ($/ton) $900 $850
More informationMonthly Hog Market Update United States Hog Production
This information is provided as a resource by Saskatchewan Agriculture staff All prices are in Canadian dollars unless otherwise noted. Please use this information at your own risk. Monthly Hog Market
More informationEU Market Situation for Poultry. Committee for the Common Organisation of the Agricultural Markets 22 October 2015
EU Market Situation for Poultry Committee for the Common Organisation of the Agricultural Markets 22 October 215 Euro Dollar exchange rate 1.6 22/9/215: 1 EUR = 1.12 USD 1.4 1.2 1. Exchange rate: Spot,
More informationChina Soybean Imports Stagnant Despite Record Consumption as Production Rebounds
United States Department of Agriculture Foreign Agricultural Service Circular Series FOP 9-08 tember 2008 China Soybean Stagnant Despite Record Consumption as Rebounds Million Tons 60 50 40 30 20 10 0
More informationOil Crops Outlook Economic Research Service October 12, 2012 U.S. Department of Agriculture
Oil Crops Outlook Economic Research Service October 12, 2012 U.S. Department of Agriculture OCS-12j text Approved by the World Agricultural Outlook Board Advancing Soybean Harvest Eases Near-term Prices
More informationWorld Wheat Supply and Demand Situation
World Wheat Supply and Demand Situation November 218 Major data source: USDA World Agricultural Supply and Demand Estimates released November, 218. Projections will change over the course of the year depending
More informationCitrus: World Markets and Trade
United States Department of Agriculture Foreign Agricultural Service January 2017 Citrus: World Markets and Trade Oranges Global orange production for 2016/17 is forecast up 2.4 million metric tons from
More information2016/17 Global Olive Oil Production Down But Prices Stabilize
United States Department of Agriculture Foreign Agricultural Service November 2016 Global Olive Oil Down But Prices Stabilize Global Olive Oil and Stocks 4000 3500 5000 Extra Virgin Olive Oil Prices Stabilizing
More informationMonthly Economic Letter
Monthly Economic Letter Cotton Market Fundamentals & Price Outlook RECENT PRICE MOVEMENT All benchmark prices except the CC Index increased over the past month. Prices for the March NY futures contract
More informationChina 2017/18 Soybean Imports Soar on Appetite for Pork, Aquaculture, and Dairy
United States Department of Agriculture Foreign Agricultural Service June 2017 China Soybean Soar on Appetite for Pork, Aquaculture, and Dairy China: Booming Farmed Aquaculture Production China: Record
More informationSOYBEAN OUTLOOK Midwest & Great Plains/Western Extension Summer Outlook Conference. St. Louis, Missouri
SOYBEAN OUTLOOK 2014 Midwest & Great Plains/Western Extension Summer Outlook Conference St. Louis, Missouri Jim Hilker Department of Agricultural, Food, And Resource Economics Michigan State University
More informationMonthly Economic Letter
Monthly Economic Letter Cotton Market Fundamentals & Price Outlook RECENT PRICE MOVEMENT Benchmark prices either increased or were stable over the past month. Prices for the May NY futures contract increased,
More informationCrop Market Outlook 8/22/2017
MSU is an affirmativeaction, equal-opportunity employer. Michigan State University Extension programs and materials are open to all without regard to race, color, national origin, gender, gender identity,
More informationSoybean Prices Fall on Rising South American Production
United States Department of Agriculture Foreign Agricultural Service April 2017 Soybean Prices Fall on Rising South American Production Million Tons Change in South America Soybean Production Forecast
More informationIGC GRAINS CONFERENCE 2012: London - 7 June for futher details see INTERNATIONAL GRAINS COUNCIL GRAIN MARKET REPORT EXPORT PRICES
IGC GRAINS CONFERENCE 2012: London - 7 June for futher details see www.igc.int INTERNATIONAL GRAINS COUNCIL GRAIN MARKET REPORT www.igc.int GMR No. 422 24 May 2012 WORLD ESTIMATES million tons 08/09 09/10
More informationRecord U.S. Peanut Exports on Strong Shipments to China and Vietnam
United States Department of Agriculture Foreign Agricultural Service September 2016 Record U.S. Peanut Exports on Strong Shipments to China and Vietnam Thousand Metric Tons 800 700 600 500 400 300 200
More informationBrazil s Soybean Oil Exports Squeezed by Rising Biodiesel Demand
United States Department of Agriculture Foreign Agricultural Service Circular Series FOP 6-09 e 2009 Brazil s Soybean Oil Exports Squeezed by Rising Biodiesel Demand Soybean Oil Exports and Industrial
More informationMonthly Economic Letter
Monthly Economic Letter Cotton Market Fundamentals & Price Outlook RECENT PRICE MOVEMENT NY futures experienced volatility in early April. Current values for all benchmark prices are flat to lower relative
More informationDevaluation Energizes Argentine Soybean Crush
United States Department of Agriculture Foreign Agricultural Service March 2016 Devaluation Energizes Argentine Soybean Crush Argentina Quarterly Soybean Crush Volume Exchange Rate* and Constant Dollar
More informationStrong Global Grain Production Isn t Good Enough. David Hightower The Hightower Report
Strong Global Grain Production Isn t Good Enough David Hightower The Hightower Report Big Picture Factors Cost of Production Pricing Not a downtrend signal Goldman $20 oil Forecast was wrong 8.9 mbd!
More informationUpdate of Poultry Fundamentals April 18
Update of Poultry Fundamentals April 18 Contact us: 402.898.9458 www.advancedeconomicsolutions.com knox@aesresearch.com Visit our updated website Follow us on Twitter @AES_Research 4/13/2018 AdvancedEconomicSolutions
More informationBLACK SEA SUNSEED MARKETS & 2017/18 NEW-SEASON PROSPECTS
BLACK SEA SUNSEED MARKETS & 2017/18 NEW-SEASON PROSPECTS AGRO-LOGISTICS FORUM 18 October 2017, Kishinev / MOLDOVA AGENDA 1-THE ROLE OF SUNSEED GLOBALLY 2 BLACK SEA SUNSEED OUTLOOK 3 2017/2018 NEW-SEASON
More informationCitrus: World Markets and Trade
United States Department of Agriculture Foreign Agricultural Service July 2015 Citrus: World Markets and Trade Oranges Global orange production for is estimated to decline 7 percent from the previous year
More informationU.S. Soybeans Facing Stiff Competition from Brazil. Brazil Soybean Export Price (Dollars and Reals) and Exchange Rate
United States Department of Agriculture Foreign Agricultural Service June, 2018 U.S. Soybeans Facing Stiff Competition from Brazil Brazil Soybean Export Price (Dollars and Reals) and Exchange Rate FOB
More informationBangladesh: A Growing Market for U.S. Soybeans
United States Department of Agriculture Foreign Agricultural Service December 2017 Bangladesh: A Growing Market for U.S. Soybeans 100% 310 3 Meal Equivalent Share 90% 80% 70% 60% 50% 40% 30% 20% 10% Animal
More informationFOR IMMEDIATE RELEASE
Article No. 7433 Available on www.roymorgan.com Roy Morgan Unemployment Profile Friday, 12 January 2018 2.6m Australians unemployed or under-employed in December The latest data for the Roy Morgan employment
More informationAOF Forum Oilseeds Outlook October, 2006
AOF Forum Oilseeds Outlook October, 2006 Josh Roberts Senior Trading Manager Grain Pool Pty Ltd 30 Delhi Street West Perth Tel: +61 8 9237 9859 josh.roberts@grainpool.com.au Oilseeds trends versus other
More information2017/18 Cotton Outlook
217/1 Cotton Outlook 217 Ag Econ In service Training Dr. S. Aaron Smith, Assistant Professor, Department of Agricultural and Resource Economics, University of Tennessee https://ag.tennessee.edu/arec/pages/cropeconomics.aspx
More information2018 Outlook for Grains and Oilseeds
2018 Outlook for Grains and Oilseeds Present to the American Fats and Oils Associa;on October 2017 AdvancedEconomicSolu0ons US$ Declines from Peak - Now at lowest point since October 2015 Currently in
More informationInventory Levels - All Prices. Inventory Levels - By Price Range
Inventory Levels - All Prices Idaho Falls Bonneville Total 3-Mar-17 152 108 260 2-Mar-18 109 78 187-28% Inventory Levels - By Price Range 3-Mar-17 2-Mar-18 0-100,000 41 6 100,001-125,000 19 8 125,001-150,000
More informationPassive Investors and Managed Money in Commodity Futures. Part 2: Liquidity. Prepared for: The CME Group. Prepared by:
Passive Investors and Managed Money in Commodity Futures Part 2: Liquidity Prepared for: The CME Group Prepared by: October, 2008 Table of Contents Section Slide Number Objectives and Approach 3 Findings
More informationInventory Levels - All Prices. Inventory Levels - By Price Range
Inventory Levels - All Prices Idaho Falls Bonneville Total 7-Apr-17 154 111 265 6-Apr-18 113 91 204-23% Inventory Levels - By Price Range 7-Apr-17 6-Apr-18 0-100,000 36 10 100,001-125,000 13 9 125,001-150,000
More informationExternal Market Factors Impacting US Soybean Meal
External Market Factors Impacting US Soybean Meal USSEC Luncheon International Production and Processing Expo January 3, 213 Atlanta, GA Paul Smolen Presentation Objectives Examine the economic drivers
More informationGrowing Fuel Use Limits Exports of Soybean Oil by South America
United States Department of Agriculture Foreign Agricultural Service Circular Series FOP 11-09 ember 2009 Growing Fuel Use Limits of Soybean Oil by South America 2006/07 Soybean Oil Distribution Soybean
More informationMonthly Economic Letter
Monthly Economic Letter Cotton Market Fundamentals & Price Outlook RECENT PRICE MOVEMENT The A Index, NY Nearby, and Indian spot prices all increased over the past month. Chinese and Pakistani prices were
More information2017/18 Olive Oil Export Forecast Rises with Slight Growth in Production
United States Department of Agriculture Foreign Agricultural Service November 2017 Olive Oil Export Forecast Rises with Slight Growth in Production Million Metric Tons 3.4 3.2 3.0 2.8 2.6 Olive Oil Prices
More informationGrowing Soybean Oil Price Raises Oil s Contribution to Total Soybean Value
United States Department of Agriculture Foreign Agricultural Service Circular Series FOP 10-07 October 2007 Growing Soybean Oil Price Raises Oil s Contribution to Total Soybean Value Relative Share Value:
More informationInternational Olive Council. International Olive Council
Advisory Committee on Olive Oil and Table Olives 29 June 29 1 115 CHANGES IN WORLD CROP AREA (thousand hectares) Bearing Non-bearing Irrigated Dry-farmed % change between years = 2% 11,52 9,137,867 1,21,39
More informationOil Crops Outlook. Mark Ash Soybean Oil Exports Maintain Strong Pace
Oil Crops Outlook OCS-11c Mar 11, 2011 Mark Ash mash@ers.usda.gov Soybean Oil Exports Maintain Strong Pace Contents Domestic Outlook Intl. Outlook Contacts & Links Tables Soybean S&D Soybean Meal Soybean
More informationBasis gains despite transport woes Floods shut river system while congestion snarls rail traffic to Mexico By Bryce Knorr
Basis gains despite transport woes Floods shut river system while congestion snarls rail traffic to Mexico By Bryce Knorr Transportation problems at harvest are nothing new for farmers, but when they occur
More information2017 SC Producers Whole Farm Revenue Protection Expected Price Justification
2017 SC Producers Whole Farm Revenue Protection Expected Price Justification RMA Projected Expected As of Average Futures Price Close As of RMA Projected Prices 4 Feb 2011 2015 % Differ 4 Feb Crop Contract
More information2017 Risk and Profit Conference Breakout Session Presenters. 13. Ethanol and Biodiesel Market and Profitability Prospects
2017 Risk and Profit Conference Breakout Session Presenters 13. Ethanol and Biodiesel Market and Profitability Prospects Dan O Brien Daniel O Brien was raised on a grain and livestock
More informationGLOBAL AND REGIONAL NEW-CROP OUTLOOK FOR OILSEEDS
GLOBAL AND REGIONAL NEW-CROP OUTLOOK FOR OILSEEDS GRAIN ACADEMY 2018 01 NOVEMBER 2018, Varna/BULGARIA AGENDA 1-OILSEEDS OUTLOOK GLOBALLY 2 OILSEEDS OUTLOOK IN BLACK SEA 3 2018/19 NEW-SEASON PROSPECTS 4-
More informationNo sale Farmers continue to hold tight By Bryce Knorr
No sale Farmers continue to hold tight By Bryce Knorr Basis in the grain cash market didn t firm everywhere during Thanksgiving week, but overall the trend is for strengthening as growers resist selling
More informationThe economics of biofuels. by Ronald Steenblik Director of Research
The economics of biofuels by Ronald Steenblik Director of Research Current and expected future costs of ethanol 1.0 0.8 0.6 0.4 2005 2030 Ethanol from sugar cane Ethano from maize Ethanol from sugar beet
More informationIndia. Oilseeds and Products Update. February 2012
THIS REPORT CONTAINS ASSESSMENTS OF COMMODITY AND TRADE ISSUES MADE BY STAFF AND NOT NECESSARILY STATEMENTS OF OFFICIAL U.S. GOVERNMENT POLICY Required Report - public distribution India Oilseeds and Products
More informationPalm and Soy Oil Use Expands at Expense of Other Oils
United States Department of Agriculture Foreign Agricultural Service September 2015 Revised on September 15, 2015 Palm and Soy Oil Use Expands at Expense of Other Oils As global demand for vegetable oil
More informationMarket Report. Grain HIGHLIGHTS INTERNATIONAL GRAINS COUNCIL. WORLD ESTIMATES. GMR November 2018
Grain INTERNATIONAL GRAINS COUNCIL www.igc.int Market Report GMR 494 22 November 2018 HIGHLIGHTS With small adjustments for wheat, maize and sorghum, the forecast for world total grains (wheat and coarse
More informationReviewing a volatile year for PET What does the future hold?
Reviewing a volatile year for PET What does the future hold? Matt Tudball Head of European Markets www.icis.com 1 Agenda PET price and sentiment drivers in 2017: Europe, Americas, Asia & feedstocks Predictions
More informationCitrus: World Markets and Trade
United States Department of Agriculture Foreign Agricultural Service uary 2015 Citrus: World Markets and Trade Oranges Global orange production for is forecast to decline 4 percent from the previous year
More informationMonthly Economic Letter
Monthly Economic Letter Cotton Market Fundamentals & Price Outlook RECENT PRICE MOVEMENT Benchmark prices were flat or slightly higher over the past month. Prices for the May NY futures contract increased
More information