international

wheat

market monitoring

What's Hot in
GADGETS?
What's last and Fresh in?
trade key news

Thursday, April 17, 2014

Weather deployed grain market down

By the end of trading on Wednesday, the price of grain contracts fell. Corn fell on the background of dry weather in the Central West of the USA that will allow manufacturers to accelerate the pace of sowing. Corn fell to the lowest prices in two weeks amid hopes to accelerate the fieldwork, which were slowed by cold and wet weather. Only 3% of U.S. corn was planted as of Sunday, while the average five-year rate is 6%, according to the Ministry of Agriculture.

Wheat fell on forecasts of rainfall, according to MDA Weather Services, in some areas of southern Great Plains are expected this weekend. Nevertheless, according to the agency, wheat, which lacked moisture came out of hibernation and get a little relief after a full and prolonged absence of rainfall.

Trading session ended on April 16 with the following indicators:

- Wheat (May) - 688.00 c / b (-13.75);

- Corn (May) - 497.50 c / b (-6.25).

European Commissioner against tougher sanctions against Russia



European Commissioner for Industry and Entrepreneurship Antonio Tajani opposed the expansion of sanctions against Russia from the European Union.


"We are not U.S. , we haven’t  shale gas as they have , so that any move towards sanctions will cause great harm to our companies. At a time when Europe is getting on its feet after the worst crisis in decades , we should be very careful and rely on their own judgment before overlap important investment and trade relationships that we have with Russia , "- said Tajani Financial Times.


Scheduled for Thursday quadripartite meeting of representatives of Russia, the U.S. , the EU and Ukraine on options to resolve the political crisis in Ukraine . If Geneva consultations will be completed no avail , European leaders gather next week to discuss a possible extension of sanctions against Russia , sources say Financial Times. According to them, against new sanctions during preliminary consultations with officials already were German petrochemical concern BASF, the Italian energy group Eni and British corporation BP.

US Gulf Grain Prices 2014 Apr 16

Wed  Apr 16, 2014 Louisiana and Texas Export Bids

Gulf Export bids and basis for grain delivered to Gulf export elevators,
CIF barge to Louisiana Gulf (Mississippi River) and rail-truck Texas Gulf,
delivery periods as specified, dollar per bushel, except sorghum per cwt.
Bids as of 2:00 Central time; Subject to change.
_
Louisiana Midday bids and basis for US 2 Soft Red Winter Wheat
Cash Bids                Change              Basis          Change
Apr=   7.5500-7.5600     dn 11.75-dn 13.75    +67K to +68K  up 2-unch
May=   7.4300-7.5400     dn 18.75-dn 12.75    +55K to +66K  dn 5-up 1
Jun=   7.3025-7.3725     dn 20.5-dn 14.5      +35N to +42N  dn 6-unch
Jul=   7.3025-7.3725     dn 20.5-dn 14.5      +35N to +42N  dn 6-unch
Aug=   7.4450-7.4650     dn 15.25-dn 14.25    +40U to +42U  dn 1-unch
Sep=   7.4450-7.4650     dn 15.25-dn 14.25    +40U to +42U  dn 1-unch
_
Louisiana Midday bids and basis for US 2 Yellow Corn
Cash Bids                Change              Basis          Change
Apr=   5.5750-5.5850     dn 5.25-dn 6.25      +60K to +61K  up 1-unch
May=   5.5750-5.5850     dn 6.25              +60K to +61K  unch
Jun=   5.6250-5.6350     dn 6.25              +59N to +60N  unch
Jul=   5.6250-5.6350     dn 6.25              +59N to +60N  unch
Aug=   5.6475-5.6775     dn 5.5               +64U to +67U  unch
Sep=   5.6375-5.6775     dn 4.5-dn 5.5        +63U to +67U  up 1-unch
_
Louisiana Midday bids and basis for US 1 Yellow Soybeans
Cash Bids                Change              Basis          Change
Apr=   15.8975-16.0075   up 23.5-up 17.5      +71K to +82K  up 6-unch
May=   15.8975-15.9875   up 20.5-up 17.5      +71K to +80K  up 3-unch
Jun=   15.8375-16.0075   up 21.25             +75N to +92N  unch
Jul=   15.7875-15.8375   up 21.25             +70N to +75N  unch
Aug=   14.9900-15.1900   up 14.5              +75Q to +95Q  unch
Sep=   13.3225-13.5225   up 8.25              +95X to +115X unch
_
Louisiana Midday bids and basis for US 2 Yellow Sorghum
Cash Bids                Change              Basis          Change
Apr=   NA                                       NA
May=   NA                                       NA
Jun=   NA                                       NA
Jul=   NA                                       NA
Aug=   9.9825-10.1600    dn 7.5-dn 7.75       +60Z to +70Z  unch
Sep=   NA                                       NA
_
Texas Midday bids and basis for US 1 Hard Red Winter Wheat
Cash Bids                Change              Basis          Change
Apr=   8.8450-8.8950     dn 11               +130K to +135K unch
NC=    8.4075-8.8575     dn 10.75             +80N to +125N unch
_
Texas Midday bids and basis for US 2 Yellow Sorghum
Cash Bids                Change              Basis          Change
Apr=   10.5800-10.7600   dn 11.25-dn 11       +95K to +105K unch
NC=    9.1975-9.5350     dn 4-dn 7.75         +16Z to +35Z  up 2-unch
_
Chicago and Kansas City Board of Trades month symbols: F January, G February,
H March, J April, K May, M June, N July, Q August, U September, V October,
X November, Z December

NC = New Crop

Monthly Average Prices foMar 2014
                         Louisiana           Texas
US 2 SRW Wheat           7.81                NA
US 1 HRW Wheat           NA                  8.81
US 2 Yellow Corn         5.65                NA
US 1 Yellow Soybeans     15.12               NA
US 2 Yellow Sorghum      10.57               10.63

European vegetable oil PM prices - Apr 16

Rotterdam vegetable oil prices at 1600 GMT: 

SOY OIL EU degummed:  
euro tonne fob ex-mill
April 2014 740.00 +0.00
 May 2014 730.00 +10.00
June 2014/July 2014 720.00 +0.00
August 2014/October 2014 725.00 +5.00
 November 2014/January 2015 730.00 +0.00.

RAPE OIL Dutch/EU: 
euro tonne fob ex-mill
May 2014 unquoted
May 2014/July 2014 750.00 +7.00
August 2014/October 2014 725.00 +11.00
November 2014/January 2015 730.00 +11.00
February 2015/April 2015 735.00.

SUNFLOWER OIL EU: 
dollars tonne ex-tank six ports option
May 2014/June 2014 950.00 +10.00
July 2014/September 2014 965.00 +15.00
October 2014/December 2014 970.00 +17.50
 January 2015/March 2015 980.00 +10.00.

SUNFLOWER OIL any origin: 
dollars tonne cif Rotterdam unquoted.

GROUNDNUT OIL any origin: 
dollars tonne cif Rotterdam unquoted.

GROUNDNUT OIL Braz/Arg/US: 
dollars tonne cif Rotterdam unquoted.

LIN OIL any origin: 
dollars tonne ex-tank Rotterdam
April 2014/May 2014 1272.50 +2.50.

CRUDE PALM OIL Sumatra/Malaysia slrs option: 
dollars tonne cif R'dam
May 2014 917.50 +12.50
June 2014 920.00 +15.00
July 2014/September 2014 925.00 +15.00
Oct2014/December 2014 920.00 +10.00
 January 2015/March 2015 925.00.

PALMOIL RBD: 
dollars tonne cif Rotterdam
May 2014 942.50
June 2014 932.50
 July 2014/September 2014 917.50.

PALMOIL RBD: 
dollars tonne fob Malaysia
May 2014 872.50 +12.50
June 2014 862.50 +17.50
July 2014/September 2014 847.50 +15.00.

PALM OLEIN RBD: 
dollars tonne fob Malaysia
May 2014 875.00 +12.50
 June 2014 865.00 +17.50
July 2014/September 2014 850.00 +15.00
October 2014/December 2014 847.50 +17.50
 January 2015/March 2015 850.00 +15.00.

PALM STEARIN
dollars tonne fob Malaysia
May 2014 850.00 +20.00
June 2014 845.00.

PALM FATTY ACID DISTILLATE: 
dollars tonne fob Malaysia
May 2014 807.50 +12.50
June 2014 807.50 +12.50.

COCONUT OIL Phil/Indo: 
dollars tonne cif Rotterdam
 May 2014/June 2014 1380.00 +20.00
June 2014/July 2014 1380.00 +20.00
July 2014/August 2014 1380.00 +20.00
August 2014/September 2014 1380.00 +20.00.

COCONUT OIL Philippine: 
dollars tonne cif Rotterdam
June 2014/July 2014 1395.00 +10.00
July 2014/August 2014 1395.00 +15.00
August 2014/September 2014 1395.00 +15.00
September 2014/October 2014 1395.00.

PALMKERNEL OIL Mal/Indo: 
dollars tonne cif Rotterdam
May 2014/June 2014 unquoted
June 2014/July 2014 1300.00 +20.00
July 2014/August 2014 1300.00 +20.00
August 2014/September 2014 1300.00 +20.00
September 2014/October 2014 1300.00 +20.00
October 2014/November 2014 1300.00.

TUNG OIL any origin: 
dlr tonne ex-tank Rotterdam unquoted.

CASTOR OIL any origin: 
dollars tonne ex-tank Rotterdam
May 2014/June 2014 1675.00 +0.00                                                                  

German Rapeseed Cash export Prices -2014 Apr 16

German double-zero rapeseed offers from H.J. Kiefer, 
with change on day for the previous working day. 
Quoted in euros a metric ton. 
 
                    Offer               Change 
 
Franco Lower Rhine 
May (2014)          432.00              7.00 
August (2014)       375.00              -1.00 
November (2014)     379.00              -5.00 
 
Franco Hamburg 
May (2014)          430.00              7.00 
August (2014)       373.00              -1.00 
November (2014)     377.00              -5.00 
 
FOB Mittelland 
May (2014)          425.00              8.00 
August (2014)       368.00              0.00 
November (2014)     372.00              -4.00 

ICE Canadian Daily Cash export Prices -2014 Apr 16

LOCATIONGRADESPOT PRICEBASISCONTRACTPREVIOUS DAY'S INSPECTIONS
Barley
Lethbridge1 CW192.0052.00May 2014 
Track Montreal1 CW270.00130.00May 2014 
Track Thunder Bay1 CW221.0081.00May 2014 
Canola
*Par Region (Apr 15, 2014)1 Canada NCC Best Bid447.98-22.92May 2014 
Track Thunder Bay1 Canada NCC508.3035.00May 2014 
Track Thunder Bay2 Canada NCC495.3022.00May 2014 
Track Vancouver1 Canada NCC528.3055.00May 2014 
Track Vancouver2 Canada NCC515.3042.00May 2014 
Feed Wheat
LethbridgeRed Feed Wheat193.00--  
Track MontrealCW Feed285.00--  
Track Thunder BayCW Feed241.00--  
Screenings
FOB Thunder BayGrain Screening Pellets75.00--  
FOB Thunder BayMixed Feed OatsNo Quote--  
FOB Thunder BayNo. 1 Feed Screenings165.00--  



Last Update : Wednesday, Apr 16 2014 14:31:47

© 2013 trade key news. All rights resevered. Designed by Templateism