APM Commentary & Rationale
The German 12.5% FOB wheat APM basis assessment for July loading was left unchanged at a €4/mt premium to the September Euronext wheat contract, based on no fresh data received disproving the previous assessment. No data was excluded.
The German 12.5% FOB wheat APM basis assessment for July loading was revised up to a €4/mt premium to the September Euronext wheat contract, based on higher offers reported at a €8/mt over the September Euronext contract. No data was excluded.
The soybean CFR China (Brazil) basis assessment for July loading was assessed at a 343 c/bu premium to the July...
The German 12.5% FOB wheat APM basis assessment for July loading was lowered to a €3/mt premium to the September Euronext wheat contract, based on offers of €10/mt over the December Euronext contract versus buyers at €8-9/mt, which equated to €3/mt and €1-2/mt respectively when factoring in the inverse structure of the market. No data was excluded.
Agricensus assessed the APM-6 Soybean CFR China price $-/mt on the day...
Agricensus assessed the APM-6 Soybean CFR China price $-/mt on the day...
The German 12.5% FOB wheat APM basis assessment for July loading was increased to a €5/mt premium to the September Euronext wheat contract, based on trade heard Friday and higher bid/offer discussion Monday. One data point was excluded as it was far below other market indications.
The German 12.5% FOB wheat APM basis assessment for July loading was left unchanged at a €3/mt premium to the September Euronext wheat contract, due to no fresh data received disproving the previous assessment. No data was excluded.
The soybean CFR China (Brazil) basis assessment for July loading was assessed at...
The German 12.5% FOB wheat APM basis assessment for July loading was revised up to a €3/mt premium to the September Euronext wheat contract, based on selling ideas seen at €7-7.5/mt over September and bids at €1/mt. No data was excluded.
The Soybean CFR China APM-6 Soybean Marker was assessed at at 351 c/bu over July futures...
The German 12.5% FOB wheat APM basis assessment for July loading was left unchanged at a €2/mt discount to the September Euronext wheat contract, as no new indications disproving the previous were received. No data was excluded.
The Freight USG - NE Asia $/mt assessment moved higher by 25 c/mt from $80.00 to $80.25/mt based on higher indications reported by the industry. No data was excluded.
The Freight PNW- NE Asia $/mt assessment moved higher by 25 c/mt from $45.50 to $45.75/mt based on higher indications reported by the industry. No data was excluded.
The Freight BRA - NE Asia $/mt assessment moved higher by 25 c/mt from $69.25 to $69.5/mt based on higher indications reported by the industry. No data was excluded.
The soybean CFR China (Brazil) basis assessment for July loading was assessed at a 340 c/bu premium to the July CME soybean contract...
The German 12.5% FOB wheat APM basis assessment for July loading was moved down to a €2/mt discount to the September Euronext wheat contract, based on lower indications received for nearby loading windows. No data was excluded.
The soybean CFR China (Brazil) basis assessment for July loading was assessed to remain at 330 c/bu premium to the July CME soybean contract (flat price was down $5/mt to $728/mt)...
The German 12.5% FOB wheat APM basis assessment for July loading was left unchanged at a €4/mt premium to the September Euronext wheat contract, based on no fresh data received disproving the previous assessment. No data was excluded.
The soybean CFR China (Brazil) basis assessment for July loading was assessed unchanged at 330 c/bu premium to the July CME soybean contract...