Berita Arkib

KUALA LUMPUR, July 22 (Reuters) - Malaysian palm oil futures declined for a second straight session on Thursday, tracking losses in rival soyoil and weighed down by weaker exports during July 1 to 20.

KUALA LUMPUR, July 22 (Reuters) - Malaysian palm oil futures fell on Thursday for a second straight session, tracking weakness in rival soyoil ahead of the country's export tax announcement, with weaker exports this month so far further weighing on sentiment.

On Wednesday, the CME Group’s farm markets close well off their daily highs. At the close, the Sept. corn futures closed unchanged at $5.71½. New-crop Dec. futures ended 2¾¢ higher at $5.68½. March corn futures finished 2½¢ higher at $5.75½.

The current high prices in the oilseed complex were triggered by a combination of poor growing conditions in multiple key growing regions and voracious oilseed import demand from China, but what can we expect over the longer term for oilseeds, including Canola?

KUALA LUMPUR, July 21 (Reuters) - Malaysian palm oil futures eased on Wednesday on a likely decline in July exports so far, but a weaker ringgit and supply worries due to a labour shortage limited losses.

KUALA LUMPUR, July 19 (Reuters) - Malaysian palm oil futures rose on Monday for a fourth session in five, as the ringgit eased and fears mounted about tightening global supplies due to a labour shortage in Malaysia and dry weather in several major edible oil producing countries.

RIO DE JANEIRO, BRAZIL – Argentina’s soybean oil exports will likely increase, driving down international prices for the product, due to a new law in the country that reduces the volume of soy-based biodiesel that is blended with regular diesel sold locally, industry officials said Monday (19)

On Tuesday, the CME Group’s farm markets run higher. At the close, the Sept. corn futures finished 15¾¢ higher at $5.71¾. New-crop Dec. futures ended 13½¢ higher at $5.65½. March corn futures closed 13¼¢ higher at $5.73.

BEIJING, July 20 (Reuters) - China’s soybean imports from Brazil edged down in June from a year earlier, customs data showed on Tuesday, as poor crushing margins weighed on demand.

Hyderabad: Agriculture Minister S Niranjan Reddy has stressed the need for oil palm production and commercial crops. He attended a virtual meeting through T Sat channel and instructed the officials concerned to encourage farmers in the State to produce oil palm. "There is a huge demand for oil production in the country. We are importing heavy quantities by spending Rs 70,000 crore," he said.

The production target for oil seeds and the area expansion target for oil palm under the National Food Security Mission (NFSM) could not be met during the last three years, according to data submitted by the government to the Lok Sabha on Tuesday.

Malaysian palm oil futures reversed early losses on Friday, logging a fourth straight weekly rise on higher exports in the first half of July and expectations of a sluggish rise in production