14-02-2020 AG Newswire

Agriant Commodities------------

14-February-2021

Quotes of the Day----------------------

"How many millionaires do you know who have become wealthy by investing in savings accounts? I rest my case." — Robert G. Allen

Hot Topics----------------------

USDA-WASDE RERORT

Wheat -----------------------

Wheat Mar '21 (ZWH21)

633

USDA estimated global wheat beginning stocks for 2020-21 at 300.1 million tonnes,

World wheat production in 2020-21 was projected at a record 773.44 million tonnes, up 800,000 tonnes,

The USDA in comments accompanying the report said a higher production estimate for Kazakhstan more than offset reduced production estimates for Pakistan and Argentina.

Black Sea Wheat Fob 277 usd per ton for Ukraine +5 usd for Russia

Argentine Wheat Fob 270 usd per ton

Soybean & Soybean Meal --------

Soybean Mar '21 (ZSH21)

1367

Soybean Meal Jan '21 (ZMH 21)

428.9

Brazil’s Abiove oilseed group kept its 2020/21 soybean production outlook at 132.6 million tonnes, up 3.2% from a year earlier.

Harvesting delays in Brazil, the world’s top soybean producer, are prompting buyers led by China to rely on rival exporter the United

Abundant rains in recent weeks in Argentina have lifted forecasts for soybean according to a revised outlook by the Rosario grains exchange,

Soybean Fob Argentine is 540 usd old crop – 510 usd New Crop (Fob)

Blacksea Soybean 560 usdfob

NONGMO Ukraine Soybean to China is 630 usd per ton

Soybean Meal Argentine is 470 usd for old crop FOB , new crop 465 usd in the market .

Premiums# Argie Meal + 80 ov ZMH 21 Malaysia /Indonesia/Vietnam

Sunflower Meal to Asia Main Ports 420 USD

Corn ----------------

Corn Mar '21 (ZCH21)

541

The U.S. corn ending stocks are not tightening as much as expected, according to the USDA Tuesday.

USDA pegged the U.S. 2020/2021 soybean carryout at 120 million bushels vs. the trade’s expectation of 123 million bushels and the USDA’s January estimate of 140 million bushels.

USA Corn FOB 250 usd , Blacksea Corn Fob 265 usd

Argentine news crop call Fob 225-230 usd while old crop same as USA

Other Container offers

* *Destination * *

Indonesia -Malaysia -Thailand -Vietnam

# USA # DDGS $355

# USA # CGM $835

# USA # SBM(H) 78

# BS # SFM $415

# IND # RSM $400

# AUS # WHEAT $305

# BS # MILLET $420

# AUS # BARLEY $285.

Freight----------------

Argentina / China/ Panamax,43 USD (TO)

USA PNW / China /Panamax , 25 USD +20 USD GULF

Russia /Turkey /Coaster , 35USD

Ukraine /China /Panamax 31 USD

Ukraine / Indonesia Panamax 35 USD

Australia /China / Panamax 17 USD

AGRIANT COMMODITIES present information based on sources /news there are no guarantees as to the accuracy or completeness of the information contained herein whether in an Copyright © 2021