В июле 2022 г. произошло снижение мировых цен на продовольствие
Как сообщила сегодня Продовольственная и сельскохозяйственная организация ООН (ФАО), базовый показатель мировых цен на продовольствие значительно снизился в июле, причем цены на основные зерновые культуры и растительное масло зафиксировали двузначное процентное снижение, передает Эксперт Агро.
В июле Индекс продовольственных цен ФАО в среднем составил 140,9 пункта, что на 8,6% меньше, чем в июне, что стало пятым ежемесячным снижением после достижения исторического максимума в начале года. Однако показатель Индекса, отслеживающий ежемесячные изменения мировых цен на корзину продовольственных товаров, остался на 13,1% выше, чем в июле 2021 года.
By: via Malaysian Palm Oil Council Russia
пятница, 5 августа 2022 г.
четверг, 4 августа 2022 г.
Malaysian Palm Oil Council Russia's Post
Malaysia says ready to help India meet palm oil demand
https://mpoc.org.my/malaysia-says-ready-to-help-india-meet-palm-oil-demand/
KUALA LUMPUR (Aug 4): Malaysia said on Thursday (Aug 4) it was ready to help India meet its palm oil demand in view of potentially erratic supply from top supplier Indonesia. India is expected to see a surge in demand to around 800,000 tonnes per month for the next six months, Malaysia’s Plantation Industries and […]
By: via Malaysian Palm Oil Council Russia
https://mpoc.org.my/malaysia-says-ready-to-help-india-meet-palm-oil-demand/
KUALA LUMPUR (Aug 4): Malaysia said on Thursday (Aug 4) it was ready to help India meet its palm oil demand in view of potentially erratic supply from top supplier Indonesia. India is expected to see a surge in demand to around 800,000 tonnes per month for the next six months, Malaysia’s Plantation Industries and […]
By: via Malaysian Palm Oil Council Russia
среда, 3 августа 2022 г.
Malaysian Palm Oil Council Russia's Post
Malaysian Palm Oil Nutrition : Ask The Expert
https://mpoc.org.my/malaysian-palm-oil-nutrition-ask-the-expert/
By: via Malaysian Palm Oil Council Russia
https://mpoc.org.my/malaysian-palm-oil-nutrition-ask-the-expert/
By: via Malaysian Palm Oil Council Russia
Malaysian Palm Oil Council Russia's Post
GRAINS-Wheat recovers from 6-month low; soybeans, corn ease
SINGAPORE, Aug 4 (Reuters) - Chicago wheat futures edged higher on Thursday, with prices rising form their lowest in six months on bargain-buying, although pressure from newly-harvested supplies capped gains.
Soybeans and corn ticked lower on forecasts of improved U.S. Midwest weather for crops, which have suffered from intense heat in recent weeks.
FUNDAMENTALS
The most-active wheat contract on the Chicago Board of Trade (CBOT) Wv1 rose 0.9% to $7.70-1/4 a bushel, as of 0016 GMT, after dropping on Wednesday to its lowest since early February at $7.52 a bushel.
Soybeans Sv1 lost 0.1% to $13.68-1/4 a bushel and corn Cv1 gave up 0.3% to $5.94-1/2 a bushel.
The wheat market has come under pressure this week, as fresh supplies from the Northern Hemisphere entered the market.
The first grain vessel to leave a Ukrainian sea port since the start of the war was inspected in Turkey on Wednesday before its onward journey to Lebanon, but Ukrainian President Volodymr Zelenskiy said this was only a fraction of what Kyiv needed to export.
Romania's wheat harvest is large enough to cover its domestic needs and ensure a surplus for exports, Agriculture Minister Petre Daea said on Wednesday, with 96% of the crop reaped so far.
High temperatures and prolonged drought have affected crops, particularly maize and sunflower seeds, across the country and preliminary ministry data on Wednesday showed damage to 205,257 hectares out of roughly 7 million of grain and oil-producing crops.
Global wheat consumption is headed for its biggest annual decline in decades as record inflation forces consumers and companies to use less and replace the grain with cheaper alternatives.
There are forecasts of improved conditions for soybeans in the U.S. Midwest, although harsh weather later this month could stress crops.
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.
Crop conditions had deteriorated for six straight weeks following the U.S. Department of Agriculture's first ratings report on soybeans in mid-June. It was the longest stretch of declines since 2012, when a crop-wasting drought settled over the United States.
India's soyoil imports in July more than doubled from a month ago to a record high as refiners ramped up purchases to take advantage of New Delhi's move to allow duty free imports of the vegetable oil to calm all-time high prices, five dealers said.
Commodity funds were net sellers of CBOT soybeans, wheat, soymeal and soyoil futures contracts on Wednesday, traders said. The funds were net even in corn futures.
MARKET NEWS
U.S. stocks jumped to a sharply higher close and Treasury yields touched two-week highs on Wednesday as robust economic data, upbeat corporate guidance and easing geopolitical concerns boosted investor risk appetite.
By: via Malaysian Palm Oil Council Russia
SINGAPORE, Aug 4 (Reuters) - Chicago wheat futures edged higher on Thursday, with prices rising form their lowest in six months on bargain-buying, although pressure from newly-harvested supplies capped gains.
Soybeans and corn ticked lower on forecasts of improved U.S. Midwest weather for crops, which have suffered from intense heat in recent weeks.
FUNDAMENTALS
The most-active wheat contract on the Chicago Board of Trade (CBOT) Wv1 rose 0.9% to $7.70-1/4 a bushel, as of 0016 GMT, after dropping on Wednesday to its lowest since early February at $7.52 a bushel.
Soybeans Sv1 lost 0.1% to $13.68-1/4 a bushel and corn Cv1 gave up 0.3% to $5.94-1/2 a bushel.
The wheat market has come under pressure this week, as fresh supplies from the Northern Hemisphere entered the market.
The first grain vessel to leave a Ukrainian sea port since the start of the war was inspected in Turkey on Wednesday before its onward journey to Lebanon, but Ukrainian President Volodymr Zelenskiy said this was only a fraction of what Kyiv needed to export.
Romania's wheat harvest is large enough to cover its domestic needs and ensure a surplus for exports, Agriculture Minister Petre Daea said on Wednesday, with 96% of the crop reaped so far.
High temperatures and prolonged drought have affected crops, particularly maize and sunflower seeds, across the country and preliminary ministry data on Wednesday showed damage to 205,257 hectares out of roughly 7 million of grain and oil-producing crops.
Global wheat consumption is headed for its biggest annual decline in decades as record inflation forces consumers and companies to use less and replace the grain with cheaper alternatives.
There are forecasts of improved conditions for soybeans in the U.S. Midwest, although harsh weather later this month could stress crops.
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.
Crop conditions had deteriorated for six straight weeks following the U.S. Department of Agriculture's first ratings report on soybeans in mid-June. It was the longest stretch of declines since 2012, when a crop-wasting drought settled over the United States.
India's soyoil imports in July more than doubled from a month ago to a record high as refiners ramped up purchases to take advantage of New Delhi's move to allow duty free imports of the vegetable oil to calm all-time high prices, five dealers said.
Commodity funds were net sellers of CBOT soybeans, wheat, soymeal and soyoil futures contracts on Wednesday, traders said. The funds were net even in corn futures.
MARKET NEWS
U.S. stocks jumped to a sharply higher close and Treasury yields touched two-week highs on Wednesday as robust economic data, upbeat corporate guidance and easing geopolitical concerns boosted investor risk appetite.
By: via Malaysian Palm Oil Council Russia
Malaysian Palm Oil Council Russia's Post
VEGOILS-Palm oil falls on expectations of rising supply
KUALA LUMPUR, Aug 4 (Reuters) - Malaysian palm oil futures fell more than 3% in early trade on Thursday, weighed down by rising supply outlook and higher selling pressure from larger producer Indonesia.
The benchmark palm oil contract FCPOc3 for October delivery on the Bursa Malaysia Derivatives Exchange slid 76 ringgit, or 1.97%, to 3,788 ringgit ($850.47) a tonne during early trade, down for a third in four sessions.
FUNDAMENTALS
Malaysia's palm oil stocks at end-July likely rose by 9.8% from the previous month to 1.82 million tonnes due mainly to higher output, Ivy Ng, regional head of plantations research at CGS-CIMB Research, said in a note.
The first grain ship to leave a Ukrainian port in wartime passed through the Bosphorus Strait on Wednesday en route to Lebanon for a delivery that foreign powers hope will be the first of many to help ease a global food crisis.
The shipment raises hope for better Black Sea supplies, Refinitiv Commodities Research said in a note late Wednesday. The Black Sea accounts for 60% of world sunflower oil output and 76% of exports.
Lower payable export duties and higher exportable volumes in Indonesia has made its palm oil more competitive than Malaysian palm oil.
Dalian's most-active soyoil contract DBYcv1 fell 3.3%, while its palm oil contract DCPcv1 slipped 4.1%. Soyoil prices on the Chicago Board of Trade BOcv1 were down 1.2%.
Palm oil may test a support at 3,717 ringgit per tonne, a break below could open the way towards 3,489-3,598 ringgit range, Reuters technical analyst Wang Tao said.
MARKET NEWS
Asian stocks rose, taking cues from a strong rally on Wall Street after robust economic data and upbeat corporate guidance boosted investor appetite.
By: via Malaysian Palm Oil Council Russia
KUALA LUMPUR, Aug 4 (Reuters) - Malaysian palm oil futures fell more than 3% in early trade on Thursday, weighed down by rising supply outlook and higher selling pressure from larger producer Indonesia.
The benchmark palm oil contract FCPOc3 for October delivery on the Bursa Malaysia Derivatives Exchange slid 76 ringgit, or 1.97%, to 3,788 ringgit ($850.47) a tonne during early trade, down for a third in four sessions.
FUNDAMENTALS
Malaysia's palm oil stocks at end-July likely rose by 9.8% from the previous month to 1.82 million tonnes due mainly to higher output, Ivy Ng, regional head of plantations research at CGS-CIMB Research, said in a note.
The first grain ship to leave a Ukrainian port in wartime passed through the Bosphorus Strait on Wednesday en route to Lebanon for a delivery that foreign powers hope will be the first of many to help ease a global food crisis.
The shipment raises hope for better Black Sea supplies, Refinitiv Commodities Research said in a note late Wednesday. The Black Sea accounts for 60% of world sunflower oil output and 76% of exports.
Lower payable export duties and higher exportable volumes in Indonesia has made its palm oil more competitive than Malaysian palm oil.
Dalian's most-active soyoil contract DBYcv1 fell 3.3%, while its palm oil contract DCPcv1 slipped 4.1%. Soyoil prices on the Chicago Board of Trade BOcv1 were down 1.2%.
Palm oil may test a support at 3,717 ringgit per tonne, a break below could open the way towards 3,489-3,598 ringgit range, Reuters technical analyst Wang Tao said.
MARKET NEWS
Asian stocks rose, taking cues from a strong rally on Wall Street after robust economic data and upbeat corporate guidance boosted investor appetite.
By: via Malaysian Palm Oil Council Russia
Malaysian Palm Oil Council Russia's Post
Ukraine exported 3 million tons of grain and oil crops in August. 1.3 million tons — through river ports on the Danube.
This was announced by the Deputy Chairman of the All-Ukrainian Agrarian Council, Denys Marchuk, during a briefing at the Ukrinform Media Center.
Due to the loss of many warehouses and elevators due to Russia's temporary occupation of our territories, the government is looking for alternative ways to store agricultural products.
According to Marchenko, as of today, about 30% of the grain from the sown areas has been collected.
By: via Malaysian Palm Oil Council Russia
This was announced by the Deputy Chairman of the All-Ukrainian Agrarian Council, Denys Marchuk, during a briefing at the Ukrinform Media Center.
Due to the loss of many warehouses and elevators due to Russia's temporary occupation of our territories, the government is looking for alternative ways to store agricultural products.
According to Marchenko, as of today, about 30% of the grain from the sown areas has been collected.
By: via Malaysian Palm Oil Council Russia
вторник, 2 августа 2022 г.
Malaysian Palm Oil Council Russia's Post
Better CPO ASPs, higher FFBs to drive Ta Ann earnings, says Maybank IB
https://mpoc.org.my/better-cpo-asps-higher-ffbs-to-drive-ta-ann-earnings-says-maybank-ib/
KUALA LUMPUR: Better crude palm oil (CPO) average selling price (ASP) and higher fresh fruit bunches (FFB) output are expected to drive Ta Ann Holdings Bhd’s earnings in the second quarter (Q2) of 2022. Maybank Investment Bank Bhd (Maybank IB) has forecasted Ta Ann’s Q2 2022 net profit to be in the region of RM105 […]
By: via Malaysian Palm Oil Council Russia
https://mpoc.org.my/better-cpo-asps-higher-ffbs-to-drive-ta-ann-earnings-says-maybank-ib/
KUALA LUMPUR: Better crude palm oil (CPO) average selling price (ASP) and higher fresh fruit bunches (FFB) output are expected to drive Ta Ann Holdings Bhd’s earnings in the second quarter (Q2) of 2022. Maybank Investment Bank Bhd (Maybank IB) has forecasted Ta Ann’s Q2 2022 net profit to be in the region of RM105 […]
By: via Malaysian Palm Oil Council Russia
понедельник, 1 августа 2022 г.
Malaysian Palm Oil Council Russia's Post
Growing Opportunities for Malaysian Palm Oil in China Bakery Market
https://mpoc.org.my/growing-opportunities-for-malaysian-palm-oil-in-china-bakery-market/
1.0 Introduction China’s bakery industry has a relatively short development history, and bakery products are mainly used as desserts and snacks in China. Hence, there is still a large consumption gap between China and other countries such as Europe and the United States. Baked good is made of flour, yeast, salt, and sugar as the […]
By: via Malaysian Palm Oil Council Russia
https://mpoc.org.my/growing-opportunities-for-malaysian-palm-oil-in-china-bakery-market/
1.0 Introduction China’s bakery industry has a relatively short development history, and bakery products are mainly used as desserts and snacks in China. Hence, there is still a large consumption gap between China and other countries such as Europe and the United States. Baked good is made of flour, yeast, salt, and sugar as the […]
By: via Malaysian Palm Oil Council Russia
Malaysian Palm Oil Council Russia's Post
GRAINS-Soybeans near one-week low on improved U.S. crop condition
SINGAPORE, Aug 2 (Reuters) - Chicago soybean futures lost more ground on Tuesday, with prices dropping to their lowest in almost one week after a U.S. government report showed slight improvement in crop condition.
Wheat and corn gave up more than 1 % as Ukraine resumed maritime grain exports, raising hopes for higher world supplies.
"The USDA reported a one point improvement in U.S. soybean crop conditions is likely to keep the market on the back foot...," said Tobin Gorey, director of agricultural strategy at the Commonwealth Bank of Australia.
The most-active soybean contract on the Chicago Board of Trade (CBOT) Sv1 was down 0.5% at $13.99 a bushel, as of 0325 GMT, with the market trading close to its weakest since July 27.
Wheat Wv1 fell 1.5% to $7.88-1/2 a bushel and corn Cv1 gave up 1.1% to $6.03-1/4 a bushel.
A weekly crop report from the U.S. Department of Agriculture (USDA) showed improved ratings for soybeans while conditions held steady for corn, defying trade expectations for downgrades.
Condition ratings for the U.S. soybean crop unexpectedly rose in the past week after some weekend rain in places such as Illinois, North Dakota, South Dakota and Minnesota, the agency said after the market closed on Monday.
The USDA pegged the soybean crop as 60% good-to-excellent, as of July 31, up 1 percentage point from a week earlier and in line with ratings from a year earlier.
The corn crop was rated 61% good-to-excellent, flat from a week earlier but higher than expectations of rating at 60% good-to-excellent.
Brazilian Agriculture Minister Marcos Montes said on Monday Chinese authorizations for Brazilian soymeal exporters may be granted in the space of two months.
Lower corn production in Europe is likely to support prices.
The European Commission has lowered its monthly forecast for this year's maize harvest in the European Union by 8%, or 5.9 million tonnes, joining other forecasters who have cut their expectations due to torrid weather in the bloc.
The Commission now sees the EU corn crop at 65.8 million tonnes, compared with 71.7 million tonnes forecast in late June and 72.7 million tonnes harvested last year, supply and demand data posted late last week showed.
Traders in the wheat market are closely monitoring resumption of grain shipments from the Black Sea region.
The first ship to carry Ukrainian grain through the Black Sea since Russia invaded Ukraine five months ago left the port of Odesa for Lebanon on Monday under a safe passage deal described as a glimmer of hope in a worsening global food crisis.
Still, key arrangements including procedures for ships still need to be worked out before empty vessels can come in and pick up cargoes from Ukraine using the new grains corridor, a senior London marine insurance market official said.
Commodity funds were net sellers of CBOT soybean, soymeal, soyoil, corn and wheat futures contracts on Monday, traders said.
By: via Malaysian Palm Oil Council Russia
SINGAPORE, Aug 2 (Reuters) - Chicago soybean futures lost more ground on Tuesday, with prices dropping to their lowest in almost one week after a U.S. government report showed slight improvement in crop condition.
Wheat and corn gave up more than 1 % as Ukraine resumed maritime grain exports, raising hopes for higher world supplies.
"The USDA reported a one point improvement in U.S. soybean crop conditions is likely to keep the market on the back foot...," said Tobin Gorey, director of agricultural strategy at the Commonwealth Bank of Australia.
The most-active soybean contract on the Chicago Board of Trade (CBOT) Sv1 was down 0.5% at $13.99 a bushel, as of 0325 GMT, with the market trading close to its weakest since July 27.
Wheat Wv1 fell 1.5% to $7.88-1/2 a bushel and corn Cv1 gave up 1.1% to $6.03-1/4 a bushel.
A weekly crop report from the U.S. Department of Agriculture (USDA) showed improved ratings for soybeans while conditions held steady for corn, defying trade expectations for downgrades.
Condition ratings for the U.S. soybean crop unexpectedly rose in the past week after some weekend rain in places such as Illinois, North Dakota, South Dakota and Minnesota, the agency said after the market closed on Monday.
The USDA pegged the soybean crop as 60% good-to-excellent, as of July 31, up 1 percentage point from a week earlier and in line with ratings from a year earlier.
The corn crop was rated 61% good-to-excellent, flat from a week earlier but higher than expectations of rating at 60% good-to-excellent.
Brazilian Agriculture Minister Marcos Montes said on Monday Chinese authorizations for Brazilian soymeal exporters may be granted in the space of two months.
Lower corn production in Europe is likely to support prices.
The European Commission has lowered its monthly forecast for this year's maize harvest in the European Union by 8%, or 5.9 million tonnes, joining other forecasters who have cut their expectations due to torrid weather in the bloc.
The Commission now sees the EU corn crop at 65.8 million tonnes, compared with 71.7 million tonnes forecast in late June and 72.7 million tonnes harvested last year, supply and demand data posted late last week showed.
Traders in the wheat market are closely monitoring resumption of grain shipments from the Black Sea region.
The first ship to carry Ukrainian grain through the Black Sea since Russia invaded Ukraine five months ago left the port of Odesa for Lebanon on Monday under a safe passage deal described as a glimmer of hope in a worsening global food crisis.
Still, key arrangements including procedures for ships still need to be worked out before empty vessels can come in and pick up cargoes from Ukraine using the new grains corridor, a senior London marine insurance market official said.
Commodity funds were net sellers of CBOT soybean, soymeal, soyoil, corn and wheat futures contracts on Monday, traders said.
By: via Malaysian Palm Oil Council Russia
Malaysian Palm Oil Council Russia's Post
VEGOILS-Palm drops 4% on Indonesian supply worries, weaker rival oils
KUALA LUMPUR, Aug 2 (Reuters) - Malaysian palm oil futures fell 4% on Tuesday, extending losses for a second day, as worries of more exports from top producer Indonesia and a heavy sell-off in rival edible oils weighed on the benchmark contract.
Palm oil contract FCPOc3 for October delivery on the Bursa Malaysia Derivatives Exchange slid 163 ringgit, or 4.01%, to 3,897 ringgit ($880.58) during early trade.
FUNDAMENTALS
Indonesia will retain its domestic sales requirement for palm oil to keep local cooking oil prices affordable, a senior official told Reuters on Monday, noting that a quota for export shipments would be relaxed further.
Chicago Board of Trade soybean futures dropped to their lowest in almost one week after a U.S. government report showed slight improvement in crop condition.
Soyoil prices on the Chicago Board of Trade BOcv1 were down 1.9%. Dalian's most-active soyoil contract DBYcv1 fell 1.7%, while its palm oil contract DCPcv1 slumped 3.3%.
Palm oil is affected by price movements in related oils as they compete for a share in the global vegetable oils market.
Oil prices edged lower as investors worried about global oil demand following weak manufacturing data in several countries, making palm a less attractive option for biodiesel feedstock.
Palm oil may fall to 3,857 ringgit per tonne, as it has broken a support at 4,085 ringgit, Reuters technical analyst Wang Tao said.
MARKET NEWS
Asia stocks continued a decline from Wall Street, and U.S. long-term Treasury yields sank to a four-month low, pulling the U.S. dollar down against the yen and other currencies as investors worried about the risk of global recession.
By: via Malaysian Palm Oil Council Russia
KUALA LUMPUR, Aug 2 (Reuters) - Malaysian palm oil futures fell 4% on Tuesday, extending losses for a second day, as worries of more exports from top producer Indonesia and a heavy sell-off in rival edible oils weighed on the benchmark contract.
Palm oil contract FCPOc3 for October delivery on the Bursa Malaysia Derivatives Exchange slid 163 ringgit, or 4.01%, to 3,897 ringgit ($880.58) during early trade.
FUNDAMENTALS
Indonesia will retain its domestic sales requirement for palm oil to keep local cooking oil prices affordable, a senior official told Reuters on Monday, noting that a quota for export shipments would be relaxed further.
Chicago Board of Trade soybean futures dropped to their lowest in almost one week after a U.S. government report showed slight improvement in crop condition.
Soyoil prices on the Chicago Board of Trade BOcv1 were down 1.9%. Dalian's most-active soyoil contract DBYcv1 fell 1.7%, while its palm oil contract DCPcv1 slumped 3.3%.
Palm oil is affected by price movements in related oils as they compete for a share in the global vegetable oils market.
Oil prices edged lower as investors worried about global oil demand following weak manufacturing data in several countries, making palm a less attractive option for biodiesel feedstock.
Palm oil may fall to 3,857 ringgit per tonne, as it has broken a support at 4,085 ringgit, Reuters technical analyst Wang Tao said.
MARKET NEWS
Asia stocks continued a decline from Wall Street, and U.S. long-term Treasury yields sank to a four-month low, pulling the U.S. dollar down against the yen and other currencies as investors worried about the risk of global recession.
By: via Malaysian Palm Oil Council Russia
Malaysian Palm Oil Council Russia's Post
MIACES Palm Oil Breakout Session
https://mpoc.org.my/miaces-palm-oil-breakout-session/
Malaysia International Agricommodity Expo & Summit (MIACES) is an event that aims to provide a platform to uplift the agricommodity sector. The event comprises of conference, exhibition, roundtable discussions, B2B meetings and awards night. It also focuses in bringing all the industry players, producer, investors and other stakeholders all together to showcase their products, latest […]
By: via Malaysian Palm Oil Council Russia
https://mpoc.org.my/miaces-palm-oil-breakout-session/
Malaysia International Agricommodity Expo & Summit (MIACES) is an event that aims to provide a platform to uplift the agricommodity sector. The event comprises of conference, exhibition, roundtable discussions, B2B meetings and awards night. It also focuses in bringing all the industry players, producer, investors and other stakeholders all together to showcase their products, latest […]
By: via Malaysian Palm Oil Council Russia
Malaysian Palm Oil Council Russia's Post
Из порта Одессы вышло первое с 24 февраля судно с украинским зерном
Минобороны Турции сообщило, что сухогруз Razoni под флагом Сьерра-Леоне, загруженный кукурузой, следует в Ливан. 2 августа судно прибудет в Стамбул, где пройдет досмотр.
На борту судна находится 26 тысяч тонн кукурузы.
22 июля Россия и Украина подписали с Турцией и ООН соглашение по экспорту украинского зерна. Согласно нему, вывоз зерна будет проходить по Черному морю из трех портов (Одесса, Черноморск, Южный)
By: via Malaysian Palm Oil Council Russia
Минобороны Турции сообщило, что сухогруз Razoni под флагом Сьерра-Леоне, загруженный кукурузой, следует в Ливан. 2 августа судно прибудет в Стамбул, где пройдет досмотр.
На борту судна находится 26 тысяч тонн кукурузы.
22 июля Россия и Украина подписали с Турцией и ООН соглашение по экспорту украинского зерна. Согласно нему, вывоз зерна будет проходить по Черному морю из трех портов (Одесса, Черноморск, Южный)
By: via Malaysian Palm Oil Council Russia
Malaysian Palm Oil Council Russia's Post
GRAINS-Soybeans near 4-week top as hot weather threatens U.S. crop
SINGAPORE, Aug 1 (Reuters) - Chicago soybean futures rose for a seventh consecutive session on Monday to trade near previous week's highest level since late-June, with forecast of hot and dry weather in parts of the U.S. Midwest raising concerns over supplies.
Wheat rose recouped previous session's losses to edge 1.3% higher, while corn prices were largely flat.
FUNDAMENTALS
The most-active soybean contract on the Chicago Board of Trade (CBOT) Sv1 was up 0.5% at $14.76-1/4 a bushel, as of 0031 GMT, not far from Friday's four-week high of $14.89 a bushel.
Wheat Wv1 added 1.3% to $8.18-1/4 a bushel and corn Cv1 eased half a cent to $6.19-1/2 a bushel.
Despite recent rains and below-normal temperatures across parts of the U.S. Midwest, forecasts are pointing to hot and dry weather in early August, raising concerns for soybean crops during their crucial pod development, as well as for late-planted corn still pollinating.
U.S. exporters reported the sale of 132,000 tonnes of soybeans for delivery to unknown destinations during the 2022/2023 marketing year, the U.S. Department of Agriculture reported on Friday.
The condition of France's maize crop deteriorated sharply for a second consecutive week, data from farm office FranceAgriMer showed, in a sign that dry weather in the European Union's biggest grain maize producer is taking a tolls.
An estimated 68% of the grain maize crop was in good or excellent condition in the week ended July 25, down from 75% the previous week, 83% in the week ended July 11 and 84% in the week to July 4, FranceAgriMer said in a cereal report.
The wheat market is focussed on Ukraine's grain exports through the Black Sea.
Ukraine's president visited a Black Sea port on Friday to show his country is ready to start exporting grain under a U.N.-brokered deal aimed at easing global food shortages, and said Kyiv was awaiting the signal for the first shipment.
On a rare trip out of Kyiv since Russia's Feb. 24 invasion, President Volodymyr Zelenskiy denounced a Russian Black Sea blockade that has prevented Ukraine from exporting grain, contributing to a sharp rise in global grain prices.
China's securities regulator has approved trading of soybean and soyoil options on the Dalian Commodity Exchange, it said on Friday.
Commodity funds were net buyers of CBOT soybeans, soyoil, corn and soymeal futures contracts on Friday and net sellers of CBOT wheat futures contracts, traders said.
MARKETS NEWS
U.S. stocks extended their mid-summer rebound on Friday, with the dollar and some longer-term Treasury yields dipping, as Wall Street cheered positive corporate news in spite of increased labor costs and other indicators of continued inflation.
By: via Malaysian Palm Oil Council Russia
SINGAPORE, Aug 1 (Reuters) - Chicago soybean futures rose for a seventh consecutive session on Monday to trade near previous week's highest level since late-June, with forecast of hot and dry weather in parts of the U.S. Midwest raising concerns over supplies.
Wheat rose recouped previous session's losses to edge 1.3% higher, while corn prices were largely flat.
FUNDAMENTALS
The most-active soybean contract on the Chicago Board of Trade (CBOT) Sv1 was up 0.5% at $14.76-1/4 a bushel, as of 0031 GMT, not far from Friday's four-week high of $14.89 a bushel.
Wheat Wv1 added 1.3% to $8.18-1/4 a bushel and corn Cv1 eased half a cent to $6.19-1/2 a bushel.
Despite recent rains and below-normal temperatures across parts of the U.S. Midwest, forecasts are pointing to hot and dry weather in early August, raising concerns for soybean crops during their crucial pod development, as well as for late-planted corn still pollinating.
U.S. exporters reported the sale of 132,000 tonnes of soybeans for delivery to unknown destinations during the 2022/2023 marketing year, the U.S. Department of Agriculture reported on Friday.
The condition of France's maize crop deteriorated sharply for a second consecutive week, data from farm office FranceAgriMer showed, in a sign that dry weather in the European Union's biggest grain maize producer is taking a tolls.
An estimated 68% of the grain maize crop was in good or excellent condition in the week ended July 25, down from 75% the previous week, 83% in the week ended July 11 and 84% in the week to July 4, FranceAgriMer said in a cereal report.
The wheat market is focussed on Ukraine's grain exports through the Black Sea.
Ukraine's president visited a Black Sea port on Friday to show his country is ready to start exporting grain under a U.N.-brokered deal aimed at easing global food shortages, and said Kyiv was awaiting the signal for the first shipment.
On a rare trip out of Kyiv since Russia's Feb. 24 invasion, President Volodymyr Zelenskiy denounced a Russian Black Sea blockade that has prevented Ukraine from exporting grain, contributing to a sharp rise in global grain prices.
China's securities regulator has approved trading of soybean and soyoil options on the Dalian Commodity Exchange, it said on Friday.
Commodity funds were net buyers of CBOT soybeans, soyoil, corn and soymeal futures contracts on Friday and net sellers of CBOT wheat futures contracts, traders said.
MARKETS NEWS
U.S. stocks extended their mid-summer rebound on Friday, with the dollar and some longer-term Treasury yields dipping, as Wall Street cheered positive corporate news in spite of increased labor costs and other indicators of continued inflation.
By: via Malaysian Palm Oil Council Russia
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