Cereal with May delivery traded with improvements of up to $ 3 per ton
The upward trend in prices of raw materials in the Chicago Stock Exchange yesterday allowed the improvement of the prices of corn and soybeans available in the local market, where they negotiated a substantial amount of coarse grains.For corn for delivery in May, exporters paid $ 120 per ton at the terminal Timbúes, San Martin, General Lagos and Punta Alvear, $ 3 more than the day before. Merchandise-discharge in June and July was quoted at U.S. $ 122, with a $ 2 pickup.
The Bolsa de Comercio de Rosario (BCR) said during the conference were traded about 70,000 tonnes of maize, 100,000 tonnes against the previous day. However, private sources estimated that sales volume ranged between 80,000 and 100,000 tonnes.
In the port of Bahia Blanca, where exporters usually complete vessels coming from the terminals located on the Parana River, corn for delivery in May traded at $ 130, while the cereal with discharge in July was quoted at $ 131 .
As reported by the Grain Exchange Buenos Aires, the mills paid yesterday $ 450 per ton of corn in Gualeguay, $ 440 in Pilar, and $ 430 in San Antonio de Areco and Salto.
The National Bureau of Agricultural Trade Control (ONCCA) yesterday approved ROE Greens for 155,000 tons of maize.
Market Term Buenos Aires (Matba), the positions of corn in July and September increased $ 2.50 and ended the conference with adjustments of U.S. 120.50 U.S. dollars and 122.
The boards of the Chicago Stock Exchange showed rises of $ 1.38 and from 1.97 on May and July contracts of corn, whose setting is 141.92 and $ 145.27 a tonne. After the Chinese purchase of 115,000 tons of U.S. corn , Confirmed on Wednesday, yesterday there were rumors of new operations for up to 300,000 tonnes. To complete another positive day for the coarse grain, these versions were added to the favorable U.S. exports weekly report released by the USDA to improve the oil, and the partial recovery of the euro against the dollar.
About the weekly sales report from the United States, the USDA estimated the volume traded at 1.4307 million tons of corn, above the range expected by the market, from 900,000 to 1,200,000 tons. Oilseeds and wheat
Per ton of soybeans, exporters paid $ 900 to San Martín and Arroyo Seco, $ 15 more than the day before. Factories, meanwhile, offered $ 890 in Thimphu, San Lorenzo, San Martín, Ricardao Villa Gobernador Galvez and General Lagos, 10 pesos above the value suggested two days ago.
BCR said that during wheel operations surveyed 50,000 tons of soybeans, well above the 8000 tonnes of the previous day.
In Matba, the positions in May and July soybeans rose $ 0.60 to 0.80, while its setting is 235 plus $ 237.50 per ton.
May and July contracts of soybeans in Chicago rose $ 1.10 to 0.92, while its settings were 362.20 and $ 365.97 per ton. In its weekly report, the USDA estimated U.S. soybean sales in 792 100 tonnes, 368 600 tonnes above the previous report, but within the range expected by the market, from 700,000 to 1,000,000 tons.
At the local level, the Grain Exchange Buenos Aires raised its soybean harvest estimate of Argentina, who went from 54.50 to 54.80 million tonnes. So far, the collection moved to 63.5% of the surface fit.
About the sunflower, the buyers paid 880 pesos per ton yesterday in Necochea and Junín, $ 875 in Delhi, and $ 870 in Rosario, Ricardao General Deheza Reconquista and without variants on Wednesday.
Regarding wheat, exporters offered U.S. $ 140 per tonne for January delivery on Bahía Blanca, unchanged. In San Martín, San Lorenzo and Arroyo Seco fine grain traded at U.S. $ 135, an improvement of $ 5.
Although never specified export wheat purchases available yesterday, the Ministry of Agriculture, Livestock and Fisheries (Magyp) set theorist cereal FAS 626 pesos.
The Grain Exchange Buenos Aires said yesterday that the mills paid between 586 and 670 pesos per ton of wheat, depending on quality and origin of the merchandise.
In Matba, the position of wheat in July rose $ 0.50 and closed with an adjustment of $ 149.50 per tonne, while the January contract lost $ 0.30 and ended the day with a value of 143.70 dollars.
According to the first calculation of the Grain Exchange Buenos Aires on the campaign 2010/2011 in Argentina, were covered with wheat about 4.2 million hectares, up 26 percent from the previous cycle.
