Author Archives: 919810285269

*Indonesia replants 3.27 LH PalmTrees*Rains easing low Moisture in US key Soy growing areas*SouthKorea:Imported Meal/SoyOil costs less than Local Crush so Plants crush capacity largely Idle

China Proteins demand slowing as Farmers wish to sterlize Hogs to lower Population-Animal’s farming costs more than Profits-Lower Hogs wud dent Meal demand

*US 210 Lac Citizens in Drought grip*Argntna pleasent Weather aids Soy speedy harvest*Petro surges 2% as Russia prdn cut erodes Extra supply feeling

*India Economy turning strong but donot hikes score of Happiness as Govt continues to keep Citizens unsecure/in fear well*Economists says:S&P 500 Expensive but even wud elevate

Gapki Jan PalmOil report confirms-Indonesia stoks continues to drop on higher use in BioDiesel/Food-Jan mth Indonesia/Malasia PalmOil stoks totals 50.60 LacTon/nearly 4 Lt drop to Dec 54.39 LacTon-Indonesia Jan stoks reported 3mths low-still Malasia/Indonesia stok more than 1 mth of Export

US Farmers to slash Corn sowing 46 LacAcres, Wheat 21 LA but still Corn remains largest sowed USA crop-higher stoks confirms more season crush short of Exports drop so supply burden widens-Funds keeps Cbot Soy/Meal little sideways-Wheat/Corn adds $5-6 on lower sowing-Petro Tops of mth

USDA confirms US farmers delighted on Govt Green BioFuel policy-very high scope of SoyOil more use in BioFuels/intends to add 29 LacAcre more area into Soybean-1 March Soybean stoks quoted 679 LT/56 LacTon more to LY-Report Barish but Petro 2% run nulls USDA Report effect/surges $6 Ton

India VegOils Continues to drop since peaking Mid March/16 March-RBD Olin dropping each day:lost Rs 7kg-KolhuOil lost Rs 3kg but holds in week on low crush-Kandla SoyRef big victim of Traders staying away-Peaked Rs 1035 mid March/drops each day-Rs 10kg off to 16 March mth peak Rs 1035

Vegoils commentary: CME soyoil spikes on planting intentions, firmer crude Futures across the soybean complex had a choppy trade in Chicago on Thursday March 28, with some upward support reported after the US Department of Agriculture released its planting intentions report. The May soyoil contract on the Chicago Mercantile Exchange (CME) was up 0.9% on …

Continue reading “”