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Newsletter Monday 04 January 2016 Newsletter Monday 04 January 2016 Receive our news letter by mail Today :
Euro /dollar: 1.088
CRB index: 176.2706 points
Crude oil: 37.8 $/barrel5th of January 2016... New AGRITEL website !! 5th of January 2016... New AGRITEL website !! Training : Futures markets and options : New ! Paris: Preopening
Wheat: unchangedCorn: unchangedRapeseed: unchanged
Chicago: Preopening
Wheat: unchangedCorn: unchangedSoybean: - 5 cents European Market Happy New year to all of you!
Let’s hope that 2016 won’t look like 2015
Beyond dramatic events that have casted a shadow over our country, 2015 won’t stay in mind as an especially good year for farmers’ income. Without mentioning amazing INSEE’s numbers reflecting a positive evolution for producers’ revenue of 8.8% in 2014, we noticed a sharp decrease of power purchase in the profession.
The competition on international stage is tough for our sector with imbalanced rules. Administrative burdens, taxes, decline of subsidies, social costs are among the elements playing against our sector in a ruthless context.
But there is one thing that could not disappear… you!
-you are among the best professionals in the world
-you have the ability to answer to global warming challenges
-you are unified despite of the heterogeneity of situations
-you have wisdom
-you know that a tree can grow only if roots are strong enough
So, keep hope and be proud of your job and of the people working with you.
We are there to support you and we are not scared by change. From tomorrow, a new website will be on line to help you on a daily basis. Thank you for trust.
Wheat, harvest 2015, quotes at 160 €/t on a July basis for a quality 76/220/11, delivery Rouen Chicago wheat trades to an equivalent of 158 €/t for March 2016 delivery.
Durum wheat, harvest 2015, trades at 265 €/t nominal delivered Port La Nouvelle., standard quality
Rapeseed, harvest 2015, quotes at 374 €/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 156 €/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 US markets ended the year on a slightly negative note.For the fullyear, expressed in dollars,the price of corn decreased by 9.63%, 20.30% for wheat and 15.56% for soybean.On Thursday 31st of December, funds were net sellers of 1 500 lots of corn and of 3 000 lots of soybean. They were neutral on wheat. Weekly export sales data were below expectations for soybean and inside expectations for corn. Corn March 2016, closed at 3.5875 $/bushel, -0.25 cents from previous day.Wheat March 2016, closed at 4.70 $/bushel, + 0.25 cents from previous day.
Soybean March 2016 closed at 8.6425 $/bushel -6 cents from previous day.
Soy meal March 2016, closed at 265.50 $/t, - 2.10 $/t from previous day.Soy oil March 2016, closed at 30.75 cents/lb, -0.32 cents from previous day.
Black Sea market
The cold snap observed from last week in the Black Sea area should lose intensity during this week.From next weekend, temperatures should match again their seasonal values.In the last 7 days, temperatures largely decreased below normal. This morning, temperatures recorded near -20 ° C in Ukraine as well as in South and Central districts of Russia. In several places, temperatures reached -25 ° C. This quick transition autumn / winter -which took place around the 28th of December –are raising questions about the ability of crops to deal with these winter conditions. In the space of three days, the temperatures dropped by almost 15 ° C.The snow cover in place could be insufficient to insure the protection of crops. Have a good day
DA: 31 PA: 12 MOZ Rank: 18
