Wheat hits 3-week high on French crop worries, Black Sea tensions

CANBERRA: Chicago wheat futures rose to a three-week high on Monday amid concerns over the French crop and tensions in the Black Sea, although ample supply kept prices near multi-year lows.Soybean and corn futures fell slightly.The most-active wheat contract on the Chicago Board of Trade (CBOT) was up 0.4% at $5.56-3/4 a bushel by 0231 …

Malaysia RBD palm stearin market-

Olein premium to stearin jumps to highest since end-NovemberRBD palm olein premium over stearin widened to the highest levels since the end of November rising to $20 per tonne from $10.50 per tonne a week ago. Both olein and stearin spot month offers moved higher on the week but movements throughout the week were volatile- …

CPKO/Coconut Oil Update-

Malaysia CPKO: Offers remain higher for eighth straight weekLocal CPKO offers in Malaysia rose for a further eighth straight week, well supported by tightened supply and healthy demand. Weekly average offers rose to 308 ringgit per picul, just shy of the high seen in early September 2022 as CPKO tracked higher CPO values both in …