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Archive for the January 1, 2017

    • News Desk
    • Jan 1st, 2017
    • Comments Off on US FOB Gulf corn, soyabean export offers higher

    Export premiums for corn and soyabeans shipped from the US Gulf Coast were steady to slightly higher on Thursday due to firm demand, traders said. On Friday, the US Department of Agriculture is expected to

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    • News Desk
    • Jan 1st, 2017
    • Comments Off on Asian rice markets dull on year-end holidays

    Rice markets in the world's biggest exporters of the grain saw barely any deals amid Christmas and New Year holidays, traders said on Wednesday. Prices in Vietnam, the world's third-biggest rice exporter, were little changed

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  • Corn spot basis bids were higher at a processor in Decatur, Illinois, and an elevator in northern Indiana on Thursday, supported by a slow pace of farmer sales, grain merchants said. Farmers finished the harvest

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  • Asia's naphtha crack slipped marginally from a four-week high to a two-session low of $74.80 a tonne on Thursday, but demand for the fuel from petrochemical makers stayed firm. South Korea's GS Caltex had bought

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    • News Desk
    • Jan 1st, 2017
    • Comments Off on China’s diesel demand likely to rise ahead of Lunar New Year

    China's diesel demand is likely to pick up pace ahead of the Lunar New Year as traders stock up barrels ahead of the festivities and as construction activity picks up in some areas, four trade

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    • News Desk
    • Jan 1st, 2017
    • Comments Off on Firmer trend prevails on cotton market

    In line with the international track, prices moved up on the cotton market on Saturday in the process of trading activity, dealers said. The official spot rate was unchanged at Rs 6250, dealers said. In

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    • News Desk
    • Jan 1st, 2017
    • Comments Off on Argentina’s soya oil output grows 8.5 percent

    Argentina's soya oil production grew 8.5 percent to 8.01 million tonnes between January and November compared with the same period last year, as a greater volume of soyabeans were processed, Argentina's agricultural ministry said on

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    • News Desk
    • Jan 1st, 2017
    • Comments Off on US natural gas futures slide from two-year highs

    US natural gas futures on Thursday slid 2.5 percent to snap a three-session rally and drift away from over two-year highs touched the previous day, as forecasts for warmer than usual weather over the next

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  • Wheat futures on the Chicago Board of Trade edged higher on Thursday, supported by short-covering and a setback in the dollar, which tends to make US grains more attractive to those holding other currencies, traders

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    • News Desk
    • Jan 1st, 2017
    • Comments Off on Argentina’s 2016-17 wheat harvest seen at 15 million tones

    Argentina will harvest 15 million tonnes of wheat in the 2016/17 crop year, the Buenos Aires Grains Exchange said on Thursday, up from a prior estimate of 12.5 million tonnes as farmers plant the grain

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