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| COMMODITY | DELIVERY | PRICE |
| SOR | 11/12crop | $186 |
| APW1 | 11 Crop | $201 |
| FB1 | 11 Crop | $185 |
| Chickpeas | 11 Crop | $440 |
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BULLISH FACTORS |
| Drought concerns in South America – private Argie corn production estimates now circa 20 MMT vs USDA @ 26 MMT. |
| Russian FOB Offers now supported around US$260/MT |
| Ukraine harvest forecasts being ratcheted lower. |
| Persistent La Nina could potentially createdifficulties for US new crop production. |
| BEARISH 19/1/2012 |
| Strong Aussie Dollar impacting our competitiveness. |
| Increased Northern Hemisphere plantings expected. |
| Technical hurdles around US$6.50/bu CME corn & wheat. |
| 8.5 million MT Aussie carry-in + 28.5 million MT minimum Aussie crop = Aussie stock build, even if we have recordexports |
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Regionally Focused, Globally Aware
PENTAG Nidera Pty Ltd was formed in April 2010 as a joint venture between Australian based PentAG Commodities and the Netherlands based Nidera group. The company models itself as a "service solutions" business for Australian grain trade.
Regionally Focussed - "on the ground" know-how and an experienced, efficent Australian team.
Globally Aware - international networks with truly "global" reach.
Solid Footing - the security of a strong local board combined with multinational backing.
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| Friday 27 January 2012 21:30 UTC
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Below are some weather links frequently used by PentAG Nidera, you may also find these links useful:
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Contact Details
1B Kitchener St, PO Box 79
Toowoomba QLD 4350
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P 07 4639 5555
F 07 4639 5055
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