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DORB/PP-
Jayshree : 14,400Sita (Durg) : 14,500Sita (Ngp) : 15,000Chaitanya : 14,100Kamal : 14,500Jaidurga : 14,200Ramdev Ngp : 15,000Bramhpuri : 17,100 DeliverySaibaba NGP : 15,000Bhagwati : 14,500Om Oil : 14,200
KLC MID OPEN +12 RM
12:02#KLC+12(MAY3982)SUNOIL:848-2.2ECBOT:SOYOIL+0.22(MY45.43),ML+2.3,SD+7.0CHINA:SOYOIL+110,ML+62,SD+39,RBD+114INR 82.86 RM 4.7365WTI 78.25 BRENT 82.22
SOYOIL PREMIUM:Apr-650/May-720/MJJ-750
CROP SURVEY: US Soybean Crush and Corn for Ethanol
The following is from a Bloomberg survey of seven anlaysts.
EU sunoil prices fall to 3 year low, biodiesel demand supports rapeoil
Ample supplies of sunoil in the European market have caused prices at European ports to fall to their lowest level in three and a half years and, despite this, have left demand at a minimum, while rapeseed oil prices have risen above sunoil for the first time since February 2022 due to continued demand for …
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2023/24 Brazil Soybeans 40% Harvested vs. 36% Average
Rainfall in Brazil last week again favored the northern part of the country with less rain in far southern Brazil. The forecast is calling for more rain in northern Brazil with increased chances of rain in southern Brazil. The wet weather has slowed down the soybean harvest, but it has been good for safrinha corn …
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Brazil Abiove cuts 2024 soybean output estimate for second time this month
Abiove has cut its estimate for Brazil’s 2024 soybean output for the second time this month, the association representing global grain traders and crushers operating in Brazil said on Wednesday. Abiove now expects local farmers to produce 153.8 million metric tons of soybean, down from the 156.1 million it forecast in February and the 159 …
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Argentina rains to bring more relief to soy and corn crops
Copious rains in the coming days will continue to provide moisture to most of Argentina’s agricultural regions, favoring soybean and corn crops planted in the 2023/24 cycle, the Buenos Aires grain exchange (BdeC) said on Wednesday. Argentina is one of the world’s largest exporters of soy meal and the world’s third largest supplier of corn. …
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Govt sets conservative target for wheat procurement at 30-32 million tonnes in 2024-25 season
The lower target has been fixed despite the Ministry of Agriculture hoping for a record wheat production of 114-115 million tonnes in the 2023-24 crop year (July-June). Normally, the wheat procurement is carried out from April to March. The government has fixed a conservative target of wheat procurement in the range of 30-32 million tonnes …