Category Archives: Reports

US SoyOil Export sales zooms very late only after Argentina crops post troubles-past 4 weeks sales 44121 Ton vs season sales 72139 Ton

Thailand Plantation Dept say:-2023 Year FFB prdn 189 LT vs LY 184 LT-2024 Prdn to advance more so Govt may lower Stock safety to 2.50 LacTon vs regular 3 LT

*Cofco China ships 18000 Ton SoyMeal to China made from Deforestation Free Land*US Soy Export sales 16% short to LY

*US Economist say:FedBank in No hurry to cut Int Rates*US Agri Farmers in Hand Incomes to drop 24% to LY/sharpest drop of decade on low Overseas sales, pushing up Farms stocks

SoyMeal 2 LT/LY 1.77 LTMustMeal 2.30/2.46GN Extr 156/2681DORB NIL/37479CastorMeal 34387/29477

US Soy area dryness ease-Half of end April 17%-Corn too follows Soybean-US 1/3 of planned Soy area sowed/sowing pace slower than Last Year

*US Soy costly so Coastal Plants prefer Brazil Soy-March Import 1.61 LT-Import exceed 1.50 LT in June 2023/July 2021 too*Brazil Soy season begins in Trouble-delayed harvest/Logistics disturb-April Import 1.65 LT/highest for April of 12yr

*Ukraine may struggle to ship Soybean to traditional buyers as Other Origins have plenty of cheaper supplies*Argntna Grey Mkt Peso cross 1100

*Indonesia Annual trade posts surplus 4th yr in row-India 4yrs Trade deficit Rs 63 Lac Crore*Bangladesh to discontinue Cash Transfer benefits on Export

South Korea RapeMeal buy crash on lower discounts to SoyMeal-April Mth Soy Cif $538 Ton vs RapeMeal $338 Ton-wish RapeMeal Values Half of SoyMeal