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PentAG Nidera NTP Brisbane Bids
Wednesday, February 22, 2012
COMMODITYDELIVERYPRICE
SOR11/12crop$184
APW111 Crop$199
FB111 Crop$185
Chickpeas11 Crop$505
BULLISH FACTORS
Chickpeas rallying on reduced Indian pulse production estimates
Difficult Russian Logistics makes interior logistics and export task challenging.
Speculation re Black Sea / Easter Europe winterkill damage.
Persistent La Nina could create difficulties for US new crop.
BEARISH 15/2/2012
Logistics bottlenecks continue to create execution difficulty on East Coast – and will likely continue for some time.
USDA increased global wheat carryout 3.1 million MT to a record 213.1 MMT (surpassing 1999/00 number by 2.4MMT).
Egypt remains noticeably absent from the market.
Technical hurdles around US$6.50/bu CME corn.

 

 

 

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. 

 

 

 

 

 

 

 

 

 

 

 

 

Weather Links

Wednesday 22 February 2012 22:30 UTC
Below are some weather links frequently used by PentAG Nidera, you may also find these links useful:

Aussie Weather News

 10-Day Precipitation Outlook for Australia

Bureau of Meteorology

Wetterkarte

Global Forecasts

US Drought Monitor

 

 

Contact Details

1B Kitchener St, PO Box 79
Toowoomba QLD 4350
P 07 4639 5555
F 07 4639 5055

 

 

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