Category Archives: Reports

Corn planting is slow and as on 12 May, 49% of corn has been planted, 5% lower than the ficve year average. US prices were up at close of the session on 10 May 2024, as WASDE projected higher exports for US at 55.38 MMT for 2024/25 crop. IN addition it projected lower crop in …

Continue reading “USGC Grain Price Report for week ending 10 May 2024”

Malaysia Palm:May 857.5$-2.5Jun 857.5+0Jas 857.5+2.5

Midday Market CloseBmd : Jul 3873 (+5)H 3904 / L 3872Vol : 35,238 OlnMay 857.5 vsJun 857.5 vs 852.5Jas 857.5 vs 850/52.5Ond 860 vs 855Jfm 875 vs 870 Rbdpo: -5 Strn: Jun 890 (deld)Pfad: Jun 815 (deld) Local Cpo: May 3950 Laurics: May 291 (pk) / 293 (pg)Rbdpko: May 1140Rbdpkoln: May 1080Rbdpks : May 1270 …

Continue reading “Malaysia PalmOil Fob Prices @ Midday Close”

Brazil soy crop estimate was preliminarily reduced to 147.8m tons from 150.8m tons previously as Rio Grande do Sul soy forecast was reduced by 3m tons due to massive floods, StoneX said in a statement.

Global models see winds strengthening over Sri Lanka by weekend, though not as convincingly over the Andamans South-westerly winds may likely intensify across Sri Lanka (orange shade), though not in as convincing fashion as over South Andamans, by the weekend. India Met Department expects the monsoon to set in over the Andaman around normal time …

Continue reading “IMD expects monsoon to reach South Andaman around normal time”

Procurement target unlikely to be met as buying in U.P., Rajasthan, and M.P. lag behind The wheat procurement is far away from the government’s “official” procurement target of 372.9 lt fixed for this year Wheat procurement reached 25.30 million tonnes (mt) as of May 12 against 25.682 mt a year ago, official data show. This …

Continue reading “Wheat purchases top 25 million tonnes but 1.5% lower than last year”

For the first time, Russia has shipped a batch of grain to India from the Baltic Sea ports, according to the Federal State Budgetary Institution “Center for Grain Quality Assessment”. According to the report, in the period from January to May 2024, the specialists of the St. Petersburg branch of the Federal State Budgetary Institution …

Continue reading “Russia ships grain to India from Baltic ports for the first time”