Argentina new Soybean crop estimated double to Last Year but eyes Brazil prdn loss-so adjusts discounts to Cbot only very small $15/30 Ton in March
Category Archives: Reports
KLC past 10 days History:-cross 4200 RM 8 times/drops 1 day below 4200-KLC adds 6.73% in March/Cbot 8.41% Hot-so Cbot run rate 25% extra than KLC
KLC Funds recalls Malasia past yrs April mth Prdn trend-April Prdn normally surges over March/If drops:very marginal-so tries to adjust Palm Prices for Futures mths, buks profits today as SoyOil Cash/Futures retreats last night-demand ration to PalmOil shortage target nearly completed
Brazil SoyOil supplies tight in season-Argntna fresh Soy supplies yet to catch-up-Soy/Meal shows impact of season higher Soy supply so runs very slow $11/22 Ton in March-SoyOil adds $55/81:mirroring PalmOil shortage-PalmOil supplies to elevate in few weeks so SoyOil can ease on Palm prdn recovery
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