06-12-2020 -AG Newswire

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

06 December , 2020--------------

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

Australia could take China to court as regime's harsh trade war pushes farmers and industries to the brink

Chicago soybeans and corn were trading at their lowest in two weeks on Wednesday, weighed down by fund-driven liquidation and improving crop weather in Brazil and Argentina.

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

Wheat Mar '21 (ZWH21)

575-4s -9-0 (-1.54%

it was a bearish unexciting week for wheat.

Tmo bought 400.000 mt of blacksea wheat

China may impose trade restrictions on Australian wheat exports similar to the curbs on barley and other commodities(While China historically hasn’t been a key market for Australian wheat)

Ukraine had shipped 11.63 million tonnes of wheat for this season, which runs from July through June. Ukraine officials have stated that the volume of wheat available for export this season must not exceed 17.5 million tonnes.

Russian wheat with 12.5% protein loading from Black Sea ports for supply in December was at $254 -255 a tonne on a free-on-board

--------

Wheat 11.5 Protein Blacksea Ukraine Fob Bulk # 250 USD

Wheat 11.5 Protein Blacksea Russia Fob Bulk # 254USD

Wheat 11.5 Protein SA Argentine Fob Bulk # 252 USD

Wheat ASW Australian #255 FOB

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

Soybean Jan '21 (ZSF21)

1163-0s -5-2 (-0.45%)

Soybean Meal Jan '21 (ZMF21)

385.5s -4.5 (-1.15%)

Soybean at lowest since mid-November

Chicago soybeans were trading at their lowest in two weeks on Wednesday, weighed down by fund-driven liquidation and improving crop weather in Brazil and Argentina.

Brazil and Argentina lack of rain problems , still on watch

-------------

Soybeans Blacksea Fob 480USD,

Soybeans Argentine Fob 500 USD, Newcrop 465-470 usd

Soybeans Brasil Fob NewCrop 470USD

Soybean Meal Argentine Fob 465 USD

Premiums# USA Meal +75 ov SMF Main Port Asia

Premiums# Argie Meal +65/70 ov SMF Malaysia /Indonesia/Vietnam

Sunflower Meal to Asia Main Ports 390 USD

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

Corn Mar '21 (ZCH21)

420-4s -6-0 (-1.41%)

Wheather risk ( dry wheather) at Brasil and Argentina

USDA reported a large export sale of 182,020 MT of corn to Mexico under the daily reporting system.

Ddds market/CGM Market still strong local and international demands as well

------------------------

USA Corn FOB 215-210 USD

Argentina Corn FOB 225 USD Brasil +7 USD

Blacksea Corn FOB 235 USD

Ddgs market to Asia main ports CNF 315 USD

USA Cgm Market Asia main ports CNF 800 USD

Others ----------------

USA %80 Feather Meal to Asia main ports CNF 900 USD

USA %60 Poultry Meal to Asia main ports CNF 890 USD

Sunflower Meal to Asia main ports CNF 365 USD

Rapeseed Meal to Asia main ports CNF 350 USD

Blacksea Milet to Asia main ports CNF 380 USD

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

Argentina / China/ Panamax, 37 USD

USA Pasific West / China /Panamax , 25 USD

Russia /Turkey /Coaster , 25 USD

Ukraine /China /Panamax 31 USD

Ukraine / Indonesia Panamax 35 USD

Australia /China / Panamax 25 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 © 2020