Category Archives: Reports

Soybeans extend gains on short-covering, Brazilian crop outlook

SINGAPORE, Feb 27 (Reuters) – Chicago soybeans gained more ground on Tuesday, with the market supported by short-covering and expectations of lower output in Brazil, although ample world supplies kept a lid on prices. Corn rose to its highest in almost two weeks, while wheat gained for a second straight session. FUNDAMENTALS * The most-active …

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Wheat output may exceed 114 million tonnes target, rise to record

Wheat production may exceed the targetted 114 million tonnes (mt) this year on good weather and higher acreage of climate resilient varieties, said G P Singh, director of Karnal-based Indian Institute of Wheat and Barley Research (IIWBR). Speaking to businessline on the sidelines of the ICAR conference of vice-chancellors of central and State agriculture universities, …

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2023/24 Brazil Soybeans 32% Harvested vs. 26% Average

There has been a lot of speculation in Brazil if the yields of the later maturing soybeans would be able to compensate for the low yields from the early maturing soybeans. We are now close to having the final yields from several locations in Mato Grosso and Parana, which are Brazil’s two largest soybean producing …

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Crude palm oil sees tug of war between bull and bears

THE prices of the benchmark active Malaysian crude palm oil futures contract remained ensnared in a tight range throughout the week starting Feb 19, weighed down by a medley of conflicting fundamental data. Weak exports and decreased production during this period painted the picture of cautious consolidation within the commodity market. From a technical standpoint, …

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Malaysia PalmOil Fob Prices @ Midday Close

Midday Market CloseBmd : May 3877 (+14)H 3895/ L 3863Vol : 27,059 OlnMar 880 vsAmj 847.5 vs 842.5Jas 815 vs 807.5Ond 805 vs Rbdpo: -5 Strn: Mar 877.5 (deld)Pfad: Mar 750 (deld) Local Cpo: Mar 4030 LauricsCpko: Mar 262 (pk) / 263 (pg)Rbdpko: Mar 1010Rbdpkoln: Mar 945Rbdpks : Mar 1115 Sbo :Mar 4481 (+41)May 4542 …

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INR OPEN @ 9AM/CURRENT 82.86

INR 82.88-0.01EUR 1.08522POUND 1.26784JPY 150.489CHF 0.87994AUD 0.6532CNY 7.1972Gold 2032.72Silver 22.556BRENT CRUDE 82.45DOLLEX 103.75863M USD SOFR 5.337816M USD SOFR 5.278961Y USD SOFR 5.07098Range for the day: 82.75 – 83.00INR open around 82.88 levels as dollar trades flat ahead of US Durable goods data release due later today. Japan’s Core inflation steadies at 2%, dipping from a …

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