Oilseeds showing bearish signs

#1
This year was relatively bad for oilseed prices....... soya , palm, mustard all have being showing very bearish signals...
The good crop in Argentina and Brazil has added to the vows...
Our focus should be on winter in United states
Reason:- Because of winter the rivers in soy growing areas of Illinos and Iowa will be freezed which will hamper the supply..
the south american crop 2 months away one can earn good money:eek:
 
#3
heeeeeyyyyy
soya on move
Bad weather in Brazil and Argentina did the trick
also bad news of Indonesian govt curbing export subsidies on palm oil
Expect bullishness in soya for next 1 month
 
#4
Hi Guys
Remember this !!!!!
All of the grain and soy markets are being driven largely by commodity funds. A mixture of short covering and outright buying has lifted prices off the fall lows. Keep in mind, however, that most fund managers pay little attention to underlying fundamental. Their sole purpose in trading commodities is to generate profits. It is possible several funds are simply trying to push prices higher to grab a quick profit just before the end of the year. If so, this rally is not sustainable due to the very large corn and soybean stocks that will not disappear anytime soon. The reality is that regardless of technical factors, unless there are major and widespread crop production problems between now and next year’s harvest, corn and soybean futures are badly overpriced. Given the odds of this being the case, we don’t want to let what could easily turn out to be the best selling opportunities in months or perhaps years slip away.

The cash corn and soybean markets took on a slightly weaker tone. Although there was no strong evidence of increase country movement, this mild basis setback in many areas raises questions about how much longer the cash market can remain strong relative to futures. Elevators and end users know huge amounts of corn and soybeans are sitting in the country and that sooner or later they’ll have access to those bushels.

Soil moisture is on the light side of ideal across much of Argentina and in some parts of southern Brazil. This uncertainty will provide underlying support for the soy complex the next several weeks. However, sources in Brazil say there is no reason to scale back the current production estimate of about 58 million metric tons. That would be the largest Brazilian crop ever by a wide margin and would lead to South America having an even larger share of the global soy market.

Wheat futures are down a few cents at this time. But in light of how much all three exchanges have risen this week, that’s not much of a setback. There has been some export chatter this week, but the business looks to be routine. Warmer temperatures are headed for the middle of the country. However, it doesn’t sound like dry winter wheat fields in the southern Plains will receive much, if any, moisture.

With regards

Pradeep Unni
9867422279
 
#5
I agree with u Pradeep!!!!!
but fund managers cannot go against fundamentals.
One reason why soy has risen in few days is beacuse of news that Indonesia (second largest producer of palm oil) may curb subsidies given to export of palm oil......
But interseting to see taht soy oil has gone down and soyabean is up..
This is because of excess of soy oil lying in the Indian ports.....
Lets see what happens
and by the way Pradeep we have met each other.. at globe oil if u rem..
Pehchan Kaun!!!!!!!
 

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