News


crop
AGRICULTURAL MARKET INSIGHTS & TRENDS FROM AGRITEL #22/01/2021

January 22, 2021

Every two weeks, Lidea will publish a newsletter, in partnership with Agritel, on trends and the agricultural market.

Lets’ see, how market situation has evolved since last two weeks.

Oilseed complex:

All products in the oilseed complex are tight, although prices are particularly high and enough to ration demand. This is why palm prices are back around the 3,200 ringgits/t mark in Kuala Lumpur. Rapeseed is also being dragged along in the wake of palm and fell late last week. Soya is still tight. Traders are still monitoring the situation in Brazil (where the harvests are just starting) and Argentina (water deficit).

Cereals complex:

The USDA’s January report brought some new bullish momentum for the cereal market. Wheat stocks are confirmed tight and the doubling of export duties on Russian wheat is reinforcing the upward movement. With regard to maize, all eyes are on crop conditions in Argentina. Even though it rained last week, only 19% of the country’s wheat is rated good-excellent. Pending the arrival of crops from South America, the balance sheets are very tight. Barley is also taking advantage of the price rises in the cereal complex.

English version : AGRITEL Newsletter EN

French version : AGRITEL Newsletter  FR

Russian version : AGRITEL Newsletter RU

German version : AGRITEL Newsletter DE

Ukrainian version : AGRITEL Newsletter UA

Spain version : AGRITEL Newsletter ES

 
 
 

Others versions (romanian, hungarian, slovak, bulgarian) are available, if you want to subscribe to this newsletter each two weeks, please send a mail in a contact form.

Share: