• IKAR in Mass Media

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July 17-18, Moscow

 

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IKAR in Mass Media

Morning Outlook

06 декабря 2017 года

Overnight grain markets: Corn + ¾, Soybeans +4, Wheat -1 ¼, Crude -.30, Gold -1.60, Dollar +.03, Dow futures +67.

Russian exports are moving at a record pace as Russian prices are very competitive globally. IKAR raised the wheat export forecast to 35.3 MMT from 34.0 previous.

South Korea bought 55K MT of optional origin corn in the overnight.

Japan is looking for 154K MT mix of U.S., Australian and Canadian wheat in their regular tender.

Australia’s Bureau of Meteorology is confirming La Nina levels in the tropical Pacific with forecasts predicting a weak state out into April.

Monday funds sold 9,000 corn, 3,000 wheat, 3,000 oil. Bought 6,000 soybeans, 7,000 meal.

https://hoosieragtoday.com/

Source: hoosieragtoday.com  |  #grain   |  Comments: 0   Views: 84

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