21-02-2021 Newswire

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

21-February-2021

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

“An investment in knowledge pays the best interest.” – Benjamin Franklin

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

USA WINTER STORMS

*Grain elevators closing in face of heavy snow, ice

* Cattle ranchers brace for blizzard conditions

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

Wheat Mar '21 (ZWH21)

650

Wheat market is almost same as last week

Fob prices for Bulk Vessel

Black Sea Wheat Fob 278 usd per ton for Ukraine +5 usd for Russia

Argentine Wheat Fob 270 usd per ton

Containers From Australia to SEA 310 -315 usd m/t CNF Basis

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

Soybean Mar '21 (ZSH21)

1377

Soybean Meal Mar'21 (ZMH 21)

424.3

Current new crop soybean futures prices relative to corn, supported by strong Chinese demand and the tightest stocks-to-use ratio since 2013-14 are expected to boost soybean plantings, while higher corn prices are also expected to encourage planting,” the report said.

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

Blacksea Soybean 560 usdfob

NONGMO Ukraine Soybean to China is 675 usd per ton

Soybean Meal Argentine is 470 usd for old crop FOB , new crop 460 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)

542

Corn production could top 15 billion bushels and soybeans could total 4.5 billion bushels, assuming normal weather and the USDA’s projected yields for this year. The current records are 15.148 billion bushels of corn in 2016 and 4.428 billion bushels of soybeans in 2018.

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 $351

# USA # CGM $830

# USA # SBM(H) 75

# BS # SFM $412

# IND # RSM $390

# AUS # WHEAT $312

# BS # MILLET $425

# AUS # BARLEY $285

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

Argentina / China/ Panamax,50 USD (TO)

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

Russia /Turkey /Coaster , 35USD

Ukraine /China /Panamax 34 USD

Ukraine / Indonesia Panamax 38 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