Ukraine December rapeseed crushing dropped to at a four-year low.
Ram Gopal Yadav (8 years ago)

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).

Ukraine imported more than 100 KMT of palm oil.
Ram Gopal Yadav (8 years ago)

Ukraine imported 11.3 KMT of palm oil in January 2018, i.e. 9.6% less than in the previous month (12.5 KMT) and 2.6% less than in January 2017. Palm oil imports to Ukraine hit a seven-year high of 101.7 KMT in September-January 2017/18. This is up almost 18% from the same time last season (86.2 KMT).

Coriander up in Ramganj on concerns about weather
Ram Gopal Yadav (8 years ago)

Prices of coriander rose in Ramganj, a wholesale market due to forecast of unseasonal rains in the largest producer–Rajasthan. India Meteorological Department on Tuesday forecast isolated to scattered rains and thunderstorm over Rajasthan on Friday and Saturday. Lower arrivals in the state also led to gains in coriander.

NCDEX coriander hits 1-wk high on weather concerns.
Ram Gopal Yadav (8 years ago)

NCDEX coriander April contract hit one-week high of 5,674 rupees because of forecast of rains in the key growing areas of Rajasthan. The most active April futures were up 1.5%. Coriander in Rajasthan and Gujarat are in harvesting stage and rains during this period is likely to adversely impact the crop.

IGC Soybean February Outlook
Ram Gopal Yadav (8 years ago)

The outlook for global soyabean production in 2017/18 is cut by 2m t m/m, to 347m, down by 1% y/y, including a reduced figure for Argentina. However, due to an increased estimate for carry-ins, supplies are forecast higher m/m and, with uptake reduced, carryovers are raised to 44.1m t, slightly lower y/y. Trade is little changed m/m, at a peak of 153m t, up by 4% y/y. The world harvested area is tentatively projected at a new high in 2018/19, including gains in Brazil and the USA. World soyabean output is forecast at 347m t in 2017/18, only 1% lower than the prior year’s peak as record crops in North America mostly compensate for reduced outturns elsewhere. Total use is predicted at a new high, with aggregate end-season stocks likely to fall. However, major exporters’ inventories are seen broadly steady y/y as heavy accumulation in the USA offsets significant falls in Brazil and Argentina. Trade could be a new high on bigger sales to Asia, while a modest recovery in deliveries to the EU is expected. The Council’s outlook for soyameal trade is for a record of 63.8m t, up by 3% y/y on increased demand from buyers in Asia and Africa. Given prospects for a disappointing soyabean crop, availabilities in Argentina, the world’s dominant supplier, are expected to tighten, with exports seen down by 6% y/y. However, this should be outweighed by bigger shipments by the USA and Brazil. Concerning tentative prospects for 2018/19, the world soyabean harvested area is projected to be up 2% y/y, including gains in the USA and Brazil. Trade will again be shaped by China’s appetite for imports