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*Brazil weather drying so Water Filled Fields may began to dry*Brazil May Soy Exports may short to April/Meal shipments likly below estimate*Argentina to begin Corn shipments to China in July
ARG/BRZL SOYOIL/SOYMEAL BASIS/FOB-
SOYOIL Basis/Fob vs CBOT:ARGENTINA-Jun ?/-250(Fob Slr ?/Byr 956.36$)July-270/-350(951.95/934.31)+25$Aug-450/-500(918.00/906.97)+19Sep-450/-500(921.08/910.06)+19Oct-400/-520(932.33/905.87)+14BRAZIL-July ?/-370(?/929.90)Aug-400/-610(929.02/882.72)+22Sep-400/-610(932.10/885.81)+21Oct-350/-580(943.35/892.64)+18 ARGN FOB SUNOIL:July Slr 950$/Byr 900 +0$Aug 950/900 SOYMEAL Basis/Fob vs CBOT:Argntna(46.5%):Jun+30/+20(Fob Slr 439.93$)July+17/+10(425.60)Aug+15/+9(417.11)Sep Oct NS/NBBrazil Plt(48%):July+14/+11(422.29)-6$Aug+13/+11(414.91)-7Sep+16/+11(416.45)-6Oct+18/+12(418.00)-9ND+18/+12(421.74)-9USA Gulf:Aug+35(439.16)-5Sep+350(437.39)-6Oct+30(431.22)-5ND+30(434.97)-6
CBOT JULY:H/L OIL:46.00/45.11,MEAL:378.9/368.2,SEED:1231/1212CBOT CORN-7.2(Jy455)WHT-7.4(Jy692)CANOLA+3.0(JY671.7)PETRO:Jy79.23$(-0.6)GD:J2341.2(-15.3)SL:Jy32.373USDX 105.034+0.495DOWJN 38441-411
CBOT CLOSE
CBOT(CL)SOYOIL+0.36(JY45.88)+0.36(A46.14)+0.35(S46.28)MEAL-7.5(JY369.1)-8.2(A363.4)-8.4(S361.8)SEED-15.4(JY1214)-15.2(A1213)-15.4(S1197)NYBOT-1.33(Jy81.10)
JAI HIND!! JAI BHARAT!!
30-5-2024
9:01# KLC CLS-12(4022)CBOT:SOYOIL+0.26+0.28MEAL-5.8-6.5SEED-12.5-11.8
CHINA CLS:SOYOIL+62,ML-4,SD+16,RBD+38INR 83.32 WTI 79.30 BRNT 83.53
Cotton Gains As Demand For India Cotton Continues To Be Strong
Cotton candy futures surged by 1.7% yesterday, closing at 58680, driven by robust demand for Indian cotton from countries like Bangladesh and Vietnam, among others. However, the upside was capped by sluggish milling demand and muted yarn demand in the global market. Despite these factors, there were prospects for improved crop yields in countries like …
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India set for wheat imports after six years, to shore up reserves
India expected to scrap wheat import duty after June Traders, flour millers likely to import wheat from Russia New Delhi expected to restore wheat import tax after Sept India aims for wheat reserves of 10 mln tons NEW DELHI/MUMBAI, – India is poised to begin wheat imports after a six-year gap, to replenish depleted reserves …
Continue reading “India set for wheat imports after six years, to shore up reserves”