Agriant Commodities------------ 07-08-2022 Grain and Feed News
- Ceyhun Besli
- Aug 8, 2022
- 3 min read
Agriant Commodities------------ 07-08-2022 Grain and Feed News
Hot Topics----------------------
Tensions are rising in the Taiwan Strait after China launched its biggest-ever military drills following US House Speaker Nancy Pelosi’s visit to Taipei.
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Wheat -----------------------
Wheat Sep '22 (ZWU22)
775.6 Closing
Chicago wheat futures slid for a second session on Thursday, with pressure from expectations of higher sea-borne grain exports from war-torn Ukraine, which has eased concerns over global supplies.
* Ukraine could start exporting wheat from this year’s harvest from its sea ports in September under a landmark deal brokered by Turkey and the United Nations, Ukraine’s first deputy minister of agriculture said.
* Four more ships carrying almost 170,000 tonnes of corn and other foodstuffs sailed from Ukrainian Black Sea ports on Sunday under the deal to unblock the country’s exports.
* The United Nations and Turkey brokered the agreement last month after warnings that the halt in grain shipments caused by the conflict could lead to severe food shortages and even outbreaks of famine in parts of the world.
* Russia will downgrade its forecast for grain exports in the 2022/23 July-June season from the current 50 million tonnes if its harvest fails to reach the target of 130 million tonnes, the agriculture ministry said on Friday.
Wheat, Ukraine 11.5 pro # 405 usd Container Asia
Wheat, Russia 12.5 pro # 355 USD FOB
Wheat, Romania 12.5 # 345 USD , MATIF +45
Wheat, milling, 12.0%, Argentina, Upriver 410 USD FOB
Wheat, feed, Black Sea # 390 usd Container Asia
Wheat SRW # 2.39 WU2 Container Asia
Wheat Australia SFW # Asia Main Ports #385 usd
Wheat Australia ASW # Asia Main Ports #410 usd
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Soybean & Soybean Meal --------
Soybean Sep '22 (ZSU22)
1463 Closing
Soybean Meal Aug '22 (ZMU22)
437.5 Closing
U.S. soybean futures fell on Friday for the fourth session of the last five, pressured by forecasts for spotty Midwest rains that could boost the health of it crop as it passes through key development periods, traders said.
Private exporters reported the sale of 132,000 tonnes of soybeans to China and 132,000 tonnes of soybeans to unknown destinations, the U.S. Agriculture Department said on Friday morning.
Soybeans in key growing areas of the U.S. Midwest will likely face more hot and dry conditions during August, their critical growing month, that could threaten harvest yields, according to weather forecasts.
The world needs a big U.S. crop to replenish global stockpiles that have been pegged at a six-year low. Russia’s invasion of Ukraine disrupted trade flows and triggered worries about possible food shortages.
But U.S. soybean plantings fell below expectations this spring as farmers turned to corn. Additionally, adverse weather in certain areas quickly eroded soybean harvest expectations and raised concerns that supplies will shrink even further next year.
Soymeal, 48% protein, FOB NOLA #520 USD
Soymeal, 47% pro, FOB Argentina #490USD- 480 USD October
Soybeans, FOB NOLA #595 USD VS 570 USD
Soybeans, Brazil, FOB #615 USD VS 595 USD
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Corn ----------------
Corn Sep '22 (ZCU22)
610.2 Closing
Corn, USA 2YC FOB NOLA 290 USD
Corn, USA 2YC FOB 325 USD
Corn, FOB Argentina port, Upriver#265 USD
Corn, FOB Romania 300USD
Corn, FOB Russia – 305 USD
Corn, FOB Ukraine, 325 USD via Romania
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Other Container Prices -------------------
USA DDGS
CNF Indonesisa 360 Usd
CNF South Korea 350Usd
CNF Taiwan 370 Usd
CNF Philipines 380 Usd
CNF Malaysia 360 Usd
CNF Vietnam 370 USD
USA Corn Gluten Feed, USA FOB 820 usd
UKRAINE Sunflower-# – CNF Main Port Asia – 420usd
AUSTRALIA Feed Barley CNF Main Port Asia – 390usd
Freight----------------Freightos Baltic Index (FBX): Global Container Freight Index
6139$
Argentina / China/ Panamax, #65 USD (TO)
Argentina / Indonesia Panamax, #60USD (TO)
USA PNW / China /Panamax ,#40USD
BS /Turkey ------ / Handy #30 USD
BS /China /Panamax #68 USD
BS / Indonesia Panamax #62 USD
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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 © 2022
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