Monday, January 18, 2010

Agricultural Commodity Prices

Agricultural Commodity Prices

16th Jan 10 (Indicative prices)

Feedmeals:
(pmt fob/fas port India in bulk)

Soybean Meal - US$ 407-410 fob Kandla / Bedi port ; Rapeseed Meal - US$ 260-262 fob Kandla port ; Peanut (Groundnut) Meal - US$ 372-375 fob Bedi port ; Rice Bran Meal - US$ 175-177 fob Kakinada

The sbm prices this week were down by approx. 4% on lacklustre export demand and tracking weaker Cbot soymeal movement this week. The exports for the month of December for soymeal from India has shown the drop of 44% compared to corresponding period last year.

Veg Oils International Prices: (pmt)
RBD Palmolein - USD 770 Fob Malaysia ; Crude Palm Oil - US$ 730 Fob Indonesia
Soya Oil - US$ 860 Exworks Argentina

The palm oil international prices were down by approx. 4% this week while Argentine soy oil prices were down by more than 3%.

Feed Grains International Prices: (pmt)
Yellow Corn - US$ 175 fob US Gulf- Feb, US$ 172-173 fob US Gulf - Mar-Apr
US$ 195-196 fob PNW US - Jan-Mar, US$ 197-198 fob PNW Apr
White Corn - US$ 200 fob US Gulf Jan-Feb, US$ 203 fob US Gulf - Mar
Corn - US$ 187 fob Ukraine ; Corn - US$ 183 fob Argentina

Sorghum - US$ 180-182 fob US Gulf Mar-Apr

Feed Wheat - US$ 168 Fob Ukraine
Feed Barley - US$ 142 fob Ukraine


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