Analyst Palm Oil
Latest Commodities News, Latest palm oil news, Malaysian palm oil Report Export

Archive for June 26th, 2009

MARKET TALK: North Oklahoma Wheat Harvest Seen 60%-80% Done

Friday, June 26th, 2009

The wheat harvest in northern Oklahoma is "going strong," with 60%-80% of fields cut, the Oklahoma Wheat Commission says. Test weights average 58 pounds per bushel, with protein at 12%. Yields are varied, with reports ranging from 15-40 bushels per acre. »

Tags:
Posted in wheat | Comments Off

Argentina Wheat Conditions Worsen As Drought Drags On – Secy

Friday, June 26th, 2009

Another week has passed without significant rainfall across Argentina's farm belt, causing a further deterioration in wheat planting conditions, the Agriculture Secretariat said in its weekly crop report Friday. »

Tags: , , ,
Posted in wheat | Comments Off

European Veg Oil PM Palm & Lauric Oil Prices – Jun 26

Friday, June 26th, 2009

HAMBURG (Dow Jones)–Lowest known offers at 1745 local time in U.S. dollars a metric ton, bulk, with changes on the day unless otherwise stated as quoted by European traders: Palm oil, Mal/Sumatran origin Palm oil, Mal/Sumatran origin crude (max 5% FFA), ... »

Tags: , , , , ,
Posted in Prices | Comments Off

European Veg Oil PM Soft Oil Prices – Jun 26

Friday, June 26th, 2009

Lowest known offers at 1745 local time in U.S. dollars a metric ton, bulk, with changes on the day unless otherwise stated as quoted by European traders: »

Tags:
Posted in Prices | Comments Off

MARKET TALK:CBOT Soybean Mixed, Old/New Spreads Featured

Friday, June 26th, 2009

CBOT soybean futures are mixed, with nearby, old crop contracts advancing on tight inventories and solid demand. Bull spreads are working, serving as a featured attraction, with new crop futures retreating on favorable weather outlooks for late plantings and crop development, analysts say. »

Tags: , ,
Posted in Market Talk soybean | Comments Off

Brazil Co Looks To Buy Ethanol Mills,Convert To Diesel-Estado

Friday, June 26th, 2009

Amyris do Brasil said Thursday it is negotiating to buy at least two ethanol distilleries to convert them into mills producing diesel fuel, local newswire Estado reported. »

Tags:
Posted in Ethanol | Comments Off

Kenya Farmers, Millers Discuss Local Wheat Prices On Imports

Friday, June 26th, 2009

Wheat farmers in Kenya are negotiating with millers to reach agreement on local wheat prices to cushion them against cheap imports, the chief executive of the Kenya Cereals Growers Association, David Nyameino, told Dow Jones Newswires Friday. »

Tags:
Posted in wheat | Comments Off

ICE Canola Sees Strength On International Firmness

Friday, June 26th, 2009

Grain and oilseed futures at the ICE Canada Futures market were higher early Friday as canola posted small advances on firmness in international markets, brokers said. »

Tags: ,
Posted in Canola | Comments Off

Brazil Soy Export Premiums And Discounts – June 25

Friday, June 26th, 2009

Premiums and discounts for soybeans at Paranagua port, Brazil, against Chicago Board of Trade quotes. Figures calculated from free on board prices negotiated for actual trade at the Paranagua port against the nearest active CBOT contract. »

Tags: , ,
Posted in Soybean | Comments Off

OIL FUTURES: Crude Turns Weak Near $70/Bbl, Eyes Equities

Friday, June 26th, 2009

Crude futures shed modest early gains and turned weaker near $70 a barrel early Friday in sympathy with equities. Nymex light, sweet crude for August delivery hit an overnight high of $79.21 a barrel, but turned weaker, breaking below the $70 level it settled above on Thursday for the first time in a week.... »

Tags:
Posted in Crude Oil | Comments Off

US Cash Grain Outlook:Uneven Basis Trends, Rain In East Corn Belt

Friday, June 26th, 2009

Cash basis markets generated variable trends this week, with local premiums paid for interior soybeans weakening by nearly 9 cents a bushel, despite an average improvement of around 2-4 cents in domestic corn and soft wheat basis. »

Tags: , ,
Posted in Grain | Comments Off

Russia 2009 Winter Wheat Harvest Seen Lower Than In 2008

Friday, June 26th, 2009

Russia is likely to harvest 37 million-40 million metric tons of winter wheat this year compared with 42.7 million tons in 2008 because of adverse weather conditions, the Federal Weather Center said Friday. »

Tags:
Posted in wheat | Comments Off

US Wheat Outlook: Seen Up, Taking Cue From Overnight

Friday, June 26th, 2009

U.S. wheat futures are poised to start firmer Friday after rising overnight but may struggle to hang on to gains amid expectations for active harvesting this weekend, traders said. »

Tags: ,
Posted in wheat | Comments Off

CBOT Soy Outlook:Seen Up On Dollar, Tight Old Crop Stocks

Friday, June 26th, 2009

Soybean futures on the Chicago Board of Trade are expected to start Friday's day session on firm footing, garnering strength from a weaker U.S. dollar and supportive old crop fundamentals. »

Tags: , ,
Posted in Soybean | Comments Off

India Edible Oil Prices Rise On Below Normal Monsoon Forecast

Friday, June 26th, 2009

India's edible oil prices during the week ended Friday edged higher due to fears that summer-sown oilseed crop yields will be hit by below normal monsoons. »

Tags: , , ,
Posted in Crude Palm Oil | Comments Off

CBOT Corn Outlook: Up Slightly, Helped By Position Squoring

Friday, June 26th, 2009

Chicago Board of Trade corn futures are expected to open higher Friday following modest overnight gains amid position-squaring heading into the weekend and before next week's acreage report. »

Tags: ,
Posted in Corn | Comments Off

MARKET TALK: Grains, Soybeans Rise Overnight

Friday, June 26th, 2009

CBOT grain and soybean futures were higher overnight on support from outside markets and continued tightness in old-crop soybeans, a floor analyst says. »

Tags: ,
Posted in Market Talk soybean | Comments Off

Rotterdam Soybean Prices – Jun 26

Friday, June 26th, 2009

Lowest known offers at 1315 local time in U.S. dollars a metric ton, CIF Rotterdam as quoted by European traders. »

Tags: ,
Posted in Prices | Comments Off

MARKET TALK: India Soybean Futures Up 0.5% On Low Acreage

Friday, June 26th, 2009

India July NCDEX soybean futures provisionally end up 0.5% at INR2,530/100 kg on low sowing; India June 1-25 soybean acreage down at 163,000 hectares versus 811,000 hectares last year. »

Tags:
Posted in Soybean | Comments Off

Technical Analysis: US Soy Complex Futures – Jun 26

Friday, June 26th, 2009

November soybeans on Thursday closed weaker and near mid-range. The key "outside markets" were bullish for soybean futures Thursday, as the U.S. stock indexes were higher, crude oil was higher and the U.S. dollar was weaker. »

Tags: , ,
Posted in Soybean | Comments Off

Free PositiveSSL and WhoisGuard with Every Domain Purchase