Today :

 

 

Euro /dollar: 1.0965

CRB index: 174.4632 points

Crude oil: 36.83 $/barrel

5th of January 2016... New AGRITEL website !!

    Training : Futures markets and options : New ! The 14/15 of January 2016 in Paris(in English)  

Paris: Preopening

Wheat:  unchanged to + 1€
Corn:  unchanged
Rapeseed: + 1€

Chicago: Preopening

Wheat:  + 2 cents
Corn:   unchanged
Soybean:  + 5 cents

European Market

   

Thin trade on markets with physical business subdued.

Volumes traded on Euronext are in decline especially on cereals market. Low level of liquidity at this time of the year, is conducting to erratic moves like the evolution of corn’s front contract (January 2016) closing next week.

Rapeseed market is lowering, following recent trend of other oilseed products. New rains are predicted over big Brazilian’s area of production of Mato Grosso that could improve the abnormal hydric deficit noticed since several weeks.

 

 

 

Wheat, harvest 2015, quotes at 159 €/t  on a July basis for a quality 76/220/11, delivery Rouen

Chicago wheat trades to an equivalent of  156.40 €/t  for March 2016 delivery.

Durum wheat, harvest 2015, trades between 265 €/t nominal delivered Port La Nouvelle., standard quality

Rapeseed, harvest 2015, quotes at 373 €/t nominal FOB Moselle, February 2016 delivery.

Feed barley, harvest 2015, quotes at 154 €/t  July basis for standard quality, delivery Rouen.

Malting barley, Sebastian variety, harvest 2015, quotes at 181 €/t July basis, FOB Creil.

Corn, 2015 harvest, trades at 155/t on a July 2015 basis, FOB Bordeaux, next delivery

Feed peas trades at 200 €/t on an August 2015 basis FOB Creil

Sunflower, harvest 2015, quotes at 400 €/t nominal, standard quality, equivalent Saint-Nazaire,next delivery

 

 

 

 

American Market

 

Further increase of short positions from the funds on corn and wheat in Chicago has been announced yesterday by the CFTC. These numbers are reflecting last week positions and funds have sold more since that.

Soybean market has followed the same trend and short position has increased. Funds have been sellers since prospect of better weather conditions have been announced in Brazil for beginning of January.

Operators are now paying attention to weather forecast in USA after that rainfall over large winter wheat areas of production has provoked floods.

 

Corn March 2016, closed at 3.6100 $/bushel, - 3.50 cents from previous day.

Wheat March 2016, closed at 4.6650 $/bushel, - 1 cent from previous day.

Soybean March 2016 closed at 8.6125 $/bushel  - 11.75  from previous day.

Soy meal March 2016, closed at 269.10 $/t, - 1.80 $/t from previous day.

Soy oil March 2016, closed at 30.44 cents/lb, -0.66 cents from previous day.

 

 

Black Sea market

 

Russia has confirmed yesterday not to try to refrain wheat exports to Turkey. The authorities are targeting to see export volumes staying above last year’s numbers and cannot afford to lose such an important customer.

Russian Agricultural Minister is finalizing output numbers for 2015’s campaign and reckons now on a volume of 104.3 Mt of grains, which is below record year of 2008.

Operators are now focused on prospect for next season while first cold days are announced in Black Sea area.

 

 

Have a good day

5th of January 2016... New AGRITEL website !!

	Pour toute information, contactez-nous au 01 53 05 96 70 ou contact@agritel.fr
	Feel free to contact us at +33 1 53 05 96 70 or contact@agritel.fr
	Для получения более детальной информации звоните по телефону +38 044 278 60 65 или пишите на agritelint@agritel.com
	Para cualquier información sobre las actividades de Agritel, contacte con nosotros en el +33 1 83 64 23 61 o por email: contact@agritel.com
	如需了解更多信息，请随时联系我们。 电话：+33 1 53 05 96 70 电子邮箱：contact@agritel.com
	Per ulteriori informazioni, contattateci al +33 1 53 05 96 70 o contact@agritel.com

 

 

Agritel is a society dealing with price risk management for agricultural commodities.
www.agritel.fr
Copyright