Sunday 27 May 2012
Market Reports
WHEAT USDA report corn plantings 96% complete, 87% last week and 81% average, with initial 2012 corn crop rating at 77% good/excellent, up from 63% a year ago. USDA report spring wheat plantings 99% complete, 84% last week and 78% average. Kazakhstan is to subsidise grain exports for the rest of the season to help push towards a record 13...
Urea Over the past week the market has been dominated by discussions regarding the STC urea tender in India. Negotiations continue with many unsure on whether the market will firm further, or the view that the market may correct once India is finalised. What is certain, however, is that for the short term the market seems firm with demand ...
WHEAT - USDA report corn plantings 87% complete, 71% last week and 66% average. Spring wheat plantings 94% complete, 84% last week and 64% average. - UK wheat exports slowed in March to 125,000mt, bringing the season-to-date figure to 2.11mln t. - Kazakhstan cuts rail costs to boost exports - should allow the country to export an addit...
Nitrogen Following an Indian tender announcement, Urea prices moved upwards this week to prices well above the peaks of 2011. The exclusion of Iranian Urea from the initial tender was quickly revised and their subsequent inclusion did appear to have taken some pressure off pricing. But, it is highly unlikely that Iran can satisfy the 1 mln t+ wh...
WHEAT - USDA report corn plantings are 71% complete, 53% last week and 47% average. - USDA report spring wheat plantings are 84% complete, 74% last week and 49% average. - Heavy rain is seen boosting EU wheat crop outlook, although may heighten the threat posed by disease. - French farm office, AgriMer, raises 201...
Nitrogen The announcement of an Indian tender closing today is expected to refuel a currently quiet urea market. Fresh urea sales in Egypt have kept the market firm since US demand slowed down. Producers in the Baltic are comfortable and prices remain firm with most trader positions for May/June being sold out. The global market is set to remain...
GRAIN MARKETS - Jonathan Lane, Trading Manager WHEAT - The USDA report corn plantings are 53% complete, 28% last week - 27% average, and spring wheat plantings 74% complete, 57% last week - 32% average. - US wheat tour - record yield potential forecast on Kansas wheat - potential also for early harvest. - Indian grain output for 2011/...
ARGO Tractors SpA achieved a 16 per cent increase in sales revenues in 2011 as greater demand for its Landini, McCormick and Valpadana products was met by an 18 per cent uplift in production volume. Consolidated financial statements to the end of December 2011, approved at a shareholders meeting chaired by company President, Valerio Morra, show ...
Nitrogen After the peaks of recent weeks, caused by short positions in Europe and the US, prices would now appear to have levelled out although Latin America, India and Pakistan have substantial tonnages to buy in the weeks ahead. Once they make their decisions this will drive the market in the coming months only helping to support the marke...
GRAIN MARKETS WHEAT - USDA report corn plantings 28% complete, 17% last week, 8% last year and 15% average. - Canadian farmers are planting more wheat than expected – may rise 13% to 24.3mln acres. - EU’s crop-marketing unit raises wheat yield forecast for 2012/13 to 5.68t /ha, up 1.8% on 2011. - Spain’s wheat and ...
Nitrogen Global granular urea continues to firm, but we have seen market pressures changing. The US have stopped their long buying spree which was the initial trigger to the bull run. However, Brazil, Pakistan and India are currently negotiating terms for May/June which will keep the market firmer for much longer than was first expected. Demand ...
WHEAT - USDA report US corn plantings at 17% complete, up 10% on the week, 5% planted last year, 5% average. - USDA report winter wheat crop in good-excellent condition at 64% - up 4% on week - improved HRW ratings/declining SRW ratings. Spring wheat plantings at 37% complete - up 21% on the week - 5% planted last year, 9% average. - Can...
The global production of key metals increased more than 14 percent in 2010 marking a robust recovery from the sharp decline spurred by the 2009 global recession. Production totaled 1.48 billion tons in 2010, the last year for which data are available, according to research conducted for the Worldwatch Institute’s Vital Signs project. The ...
Recent reports by entomologist Dr Steve Ellis of ADAS suggest that Saddle Gall midge is a pest worth watching out for, especially in spring cereals, and that it may become more of a problem in the future. Many farmers and agronomists sent in reports of huge numbers of bright reddy-orange larvae and cocoons being found in soils in the spring last...
A quarterly survey (Q4) 2011 results reveal that business sellers are increasingly prepared to be flexible with their asking prices in recognition of tough economic conditions or to achieve a quick sale. Having polled over two thousand business sellers from around the world the report revealed that 23% of sellers are prepared to be "very fl...
’With UK farmers producing another quality crop this year, the Algerian market represents an important alternative for farmers from The Wash across to Leicestershire and up into Yorkshire,’ explains David Sheppard, Gleadell’s managing director. ’Condemning good quality wheat - either for the domestic or export human cons...
GRAIN MARKETS - Jonathan Lane, Trading Manager WHEAT - USDA trims US wheat stocks, corn left unchanged - above trade expectations - global stocks also lowered. - Russian grain export from state reserves seen at 0.5-1.0mln t - quality may limit as from previous year’s crops. - Russia sells 232,261t of grain from intervention...
GRAIN MARKETS - Jonathan Lane, Trading Manager WHEAT - IGC sees record 2012/13 global corn crop, stocks up – global wheat stocks viewed as comfortable despite small drop. - USDA planting survey reveals 2012 US corn acreage at 95.9mln acres, the highest since 1937. - Russian AgMin expects to end season with closing stocks of 18mln t of...
Experian today revealed that businesses with 51 to 100 employees saw a significant fall in insolvency rates year-on-year, from 0.20 per cent in February 2011 to 0.12 per cent in February this year. This segment of the business population also saw the biggest year-on-year improvement in their financial strength score ’ from 81.68 to 85.41...
|