Malaysia PalmOil Fob Prices @ Midday Close

Midday Market Close (Pre-MPOB)Bmd : Jul 3790 (-41)H 3848 / L 3767Vol : 38,178 OlnMay 850 vsJun 845 vs 835Jas 840 vs 835Ond 845 vs 837.5Jfm 860 vs 850 Rbdpo: -5 Strn: Jun 872.5 (deld)Pfad: Jun 797.5 (deld) Local Cpo: May 3900 Laurics: May 290 (pk) / 292 (pg)Rbdpko: May 1150Rbdpkoln: May 1090Rbdpks : May …

Corn, soybeans gain ahead of USDA supply-demand report

BEIJING, May 10 (Reuters) – Chicago soybeans and corn firmed on Thursday, with wheat following suit ahead of a U.S. Department of Agriculture supply-and-demand report that is expected to show strong global supply. FUNDAMENTALS * The most-active wheat contract on the Chicago Board of Trade (CBOT) was up 0.27% at $6.39-2/8 a bushel, as of …

Trade sees urad imports from Brazil rising to 50,000 tonnes this year

Urad imports rebound in 2023-24 to rise 19 per cent at 6.23 lakh tonnes on reduced domestic supplies Urad imports registered an increase of around 19% during 2023-24 to around 6.23 lt over the previous year’s 5.24 lt. As countries such as Brazil and Argentina start expanding acreages under black matpe or urad, India the …

El Nino impact: Indian reservoir level drops for 31st week in a row

Storage drops to 27 per cent of capacity; Bihar’s sole dam and 6 others go dry According to the CWC’s weekly bulletin on live storage status of the 150 reservoirs in the country, the level in 117 of the storages was below 40 per cent of the capacity and lower than 50 in another 19. …

Soybeans in Rio Grande do Sul, Brazil Hurt by Flooding

As the soybean harvest in Brazil nears completion, the remaining concern is the situation in the state of Rio Grande do Sul. As outlined in the previous article, heavy rain inundated the state last week, prompting the governor to declare a state of emergency. Before the heavy rains moved in, the soybeans in the state …