Author Archives: 919810285269

*Brzl US Argntna Export Soy prices recovers $30 from 52 week low*Hot summer may be in store in Central USA

Argntna farmers slows Soybean sales/eyes higher Prices on Brzl lower crop-Brzl farmers Soybean sales pace higher to LY-Weather Agency predicts Heavy rains in Argntna areas-Soy crop harvest may slow/supply to Plants may disturb

*Russia 23/24 season SunOil Exports may hit new high 43-45 LacTon/Prdn 73 LT*Canada retains Canola at home for more Crush-Aug/Jan Exports 28% below LY 41.01 LacTons

*Petro slips after USA boost Petro prdn estimates*US President allots special Budget for Aviation BioFuel*US core inflation rate rise more than expect so USDX advances

*Cbot complex surges on Brzl Soy crop size cut/SoyOil post big 1 day gain *Indonesia most areas at risk of floods on heavy rains

*MayBank Investment Bank say:KLC 4000 level wud continue till end March or early April on lower Malasia stok*Malasia Bankers predict Ringit to appreciate to 4.50 by year end

*Conab further lowers Brazil Soybean crop to 1468.58 LacTons-Sun crop 83600 Ton*Brazil farmers harvests more than 55% 800 LacTon Soy of new Crop*Brazil dryness hurts Soy yields:23/24 yield 3251 Hac Kg, LY 3507 Hec Kg

PalmOil Funds argues:-Indonsia Malasia March Crude PalmOil Prdn to remain lower on larger Workers to remain on Holidays in Ramzan so FFB harvest wud drop-India to buy more Soy SunOil because of cheaper Prices to Palm-KLC discount to Cbot peaked $800 Ton 18mths ago/now below $150 Ton

HongKong Investment Bank believes-Malasia CPO Prdn wud pick-up in March, Feb Prdn always drops on seasonal factors-Stok wud surge on poor Exports on PalmOil weak competitiveness to Other VegOils-TA Research says:lower Prdn trend to continue in March too, Prdn to recover only onwards April

Indian Mkts gains fresh -No PalmOil Vessel reports Kandla in March/Ist time in History-Jnpt SoyDegum stoks finish-Kandla RBD adds Rs 2.50kg in 2 days/SoyRef gains Rs 2kg-Jnpt:No quotes for Soy Degum on empty stoks