1/11/20 -AG NewsWire
- Ceyhun Besli
- Nov 2, 2020
- 2 min read
Agriant Commodities------------ 1 November , 2020--------------
Hot Topics---------------------- The US presidential election is calling Group of Farmers gave Trump the nod in 2016 , but as same group are reporting mixed feelings as trade battles with China and Mexico that shocked them as those two country as their biggest customer
Wheat ----------------------- Wheat DEC /20 (ZWZ20) 598-4s at the closing bell on Friday # Chicago
Wheat Market takes a breath of rallying and still has no significant shortages that reflect prices ,however countries tender rush the prices
Jordan’s state grains buyer purchased 120,000 tonnes of milling wheat shipment of half of February and the first half of March 2021
-------- Wheat 11.5 Protein BlackSea Ukraine Fob Bulk 250 USD
Wheat 11.5 Protein BlackSea Russia Fob Bulk 252 USD
Wheat 11.5 Protein SA Argy is same level as BlackSea
Wheat ASW Fob 265 USD NewCrop
Soybean & Soybean Meal -------- Soybean Jan '21 (ZSF21) 1056-Soybean Meal Dec '20 (ZMZ20) 378.6s .
Soybean and soybean meal has dropped this week Friday , USDA announced a large soybean export sale for 121,500 MT to unknow destination
Some Technical sell positions stop the market frequent uptrend
--------- Soybeans BlackSea / Fob 475-480 USD
Brasil +20 USD
Soybean Meal Argentine Fob 450 USD
Premiums USA Meal +65-70 ov SMZ Main Port Asia
Sunflower Meal to Asia Main Ports 330-340 USD
Corn ---------------- Corn Dec '20 (ZCZ20) 398-4s Corn
Market is in bear side as well as following wheat and bean
Ddds market was bit dropped as a result of some reaction
--------- USA Corn fob 215 USD
Argentina Corn FOB 225 USD Brasil +5 USD
BlackSea Corn 230 USD
USA Ddgs market to Asia main ports CNF 275-280 USD
USA Cgm Market Fob 600
Freight----------------
Argentina / China/ Panamax, 35 USD
USA Pacific West / China /Panamax , 24 USD
Russia /Turkey /Coaster , 24 USD
Ukraine /China /Panamax 31 USD
Ukraine / Indonesia Panamax 35
USD Australia /China / Panamax 20 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
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