Buenos Aires Grain Exchange slash Argentina corn esti. to 37 MMT.
Bihar maize unchanged as fresh arrivals over a month away.
Bihar maize unchanged as fresh arrivals over a month away.
South Korea buyers seek 128,000 MT corn despite price fears.
South Korea buyers seek 128,000 MT corn despite price fears.
Rosario slashes Argentina corn crop estimate more than 10%.
Rosario slashes Argentina corn crop estimate more than 10%.
Australia’s high-protein wheat production rises on dry weather.
Australia’s high-protein wheat production rises on dry weather.
EU wheat supported by Chicago bounce, slow farmer selling.
EU wheat supported by Chicago bounce, slow farmer selling.
Wheat prices continue to rise in Indore spot market.
Wheat prices continue to rise in Indore spot market.
EU wheat exports down 19% YOY.
EU wheat exports down 19% YOY.
ICE revises cotton price limit to 4 cents/pound.
ICE revises cotton price limit to 4 cents/pound.
India coffee exports during Jan 1 – Feb 21.
India coffee exports during Jan 1 – Feb 21.
Soybean down in Indore on lower demand from crushers
Rise in supply weighs on Jaipur mustard seed prices. Prices of mustard seed down in Jaipur, Rajasthan, due to a rise in arrivals amid subdued demand from domestic oil millers and crushers. Arrivals in Rajasthan were estimated at 60,000 bags (1 bag = 85 kg), up 10,000 bags. A decline in the acreage of the oilseed, however, cushioned the fall in prices.
Argentina local soybean prices finally jump.
The prices of soybeans have improved domestically in Argentina. The spot deals quoted at US$ 303.9 per metric ton, marks a bullish trend from the last few days amid the drought in the country. Argentina soybean forecast to 47 million MT, BAGE (Buenos Aires Grain Exchange). The Rosario Grain Exchange expects the 17/18 Argentine crop at 46.5 MMT.
Ukraine December rapeseed crushing dropped to at a four-year low.
In December 2017, monthly rape oil production by Ukraine’s large and medium-sized crushers dropped to a four-year low of 0.108 KMT. Nonetheless, the overall H1 2017/18 result is up 28.7% year-on-year. So, rape oil production amounted to 79.3 KMT in July-December 2017/18 against 61.6 KMT a year ago. The reason was active processing of rapeseed in the first months of the season. Expects this trend to persist until the end of MY 2017/18 and bring up the season’s total output to at least 80 KMT (66.7 KMT of rape oil was produced in MY 2016/17).
Egypt’s GASC buys 120,000 tonnes wheat in tender.
Egypt’s GASC buys 120,000 tonnes wheat in tender.
Algeria wheat purchase lower than thought at 340,000 tonne.
Algeria wheat purchase lower than thought at 340,000 tonne.
GASC back in for March wheat as Russian prices continue to rise.
GASC back in for March wheat as Russian prices continue to rise.
Value of EU wheat exports plummets €1.5 billion in 2017.
Value of EU wheat exports plummets €1.5 billion in 2017.
Shortage to push Russian wheat prices higher.
Shortage to push Russian wheat prices higher.
India rice exports surge on strong demand, dip in Thailand stocks.
India rice exports surge on strong demand, dip in Thailand stocks.
Soybean tad up in Indore tracking CBOT, low supply
Prices of soybean in Indore were up, tracking gains on CBOT. Lower supplies in the market and hot-and-dry weather in Argentina is seen supporting domestic soybean prices. Although arrivals are steady in the state, they are insufficient to meet demand.