• CHINA

    FLASH 13

    US Soybean Purchases Reportedly Resumed

    China has resumed purchasing US soybeans. According to trade reports roughly 1.5 Mn T were purchased by Chinese state-owned companies in the USA on Dec 12 for shipment in the next 3 months. Additional purchases of ... Mn T are considered likely in the short term...Latest OIL WORLD estimates for 2018/19 in the FLASH...

    Chinese imports of oils as well as of oilmeals are picking up noticeably. In Oct/Dec 2018 arrivals will already be sizably higher for rapeseed oil, soya oil and palm oil as well as of rapeseed meal, sun meal and palmkernel meal....

  • SOYA MEAL

    FLASH Dec 11

    Record US Soya Meal Exports

    US exports of soya meal will continue to rise to a new record in the first few months of this season, benefiting from insufficient South American export supplies...

    Combined soya meal exports of the USA, Argentina, Brazil and Paraguay declined marginally from a year earlier to a combined 9.2 Mn T in Oct and Nov 2018. Year-on-year reductions in shipments...

  • SOYBEANS

    WEEKLY Dec 7

    Trade Flows Turned Upside Down

    In Sept/Nov 2018 US soybean exports to China plummeted to only 0.4 Mn T compared with 16.35 Mn T in the same three months of last year, while US exports to all other destinations almost doubled to 13.6 Mn T.

    South American soybean exports to China amounted to 15.6 Mn T in Sept/Nov 2018 (against 9.45 Mn T a year earlier), of which...

  • BRAZIL

    FLASH Dec 5

    Setback in Meat Output

    Production and exports of poultry are suffering a setback in 2018 owing to several factors. This is curbing compound feed production and soya meal usage below expectations. In turn, this is facilitating an increase of Brazilian soya meal exports by rougly 2.1 Mn T this year...

  • CASTOR OIL

    WEEKLY Nov 30

    Shortage Looming in 2019

    The global castor oil market will probably need to adjust to the pronounced tightening of supplies in 2018/19. Castor oil prices in Rotterdam rallied by 20% in 2 months to an average US-$ 1890 in November in response to the deteriorating supply outlook. During the previous severe shortage prices had rallied to an average US-$/T 2400 in Jan/Dec 2011. An overproduction of castorseed in India in 2012 and 2013 resulted in burdensome supplies which kept prices under pressure up to the first half of 2018.

    However, the reserve stocks of castorseed were reduced massively primarily in 2017 and this year as India processed significantly more castorseed than it produced. Our tentative supply & demand forecasts for 2018/19...

  • CANADA

    WEEKLY Nov 30

    Canola Crushings Below Potential

    Following record processing volumes in July and August, Canadian canola crushings continued to fall below potential at 0.79 Mn T in October, down 10% from the previous year and curbing the total in the first three months of the 2018/19 season..

  • INDIA

    WEEKLY Nov 30

    Dryness Curbing Rabi Crop Prospects

    Unusual dryness prevailed in much of India in the past two months and affected plantings and emergence of rabi crops....Plantings of rapeseed are slightly ahead of the low year-ago level so far but trail the latest 5-year average by 5%. We have reduced our total Indian rapeseed crop forecast by 0.4 million to...

world price logo --- World Market Prices in US-$/T ---

    • 332 Ja
    • Dec 6
    • Soya Meal, fob Arg
    • 430 Ja
    • Dec 6
    • Crude Palm Oil, fob Indo
    • 636 D
    • Dec 6
    • Soya oil, fob Arg
    • 780 Ja
    • Dec 6
    • Coconut oil, cif Rotterdam