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PentAG Nidera NTP Brisbane Bids
Monday, February 06, 2012
COMMODITYDELIVERYPRICE
SOR11/12crop$186
APW111 Crop$202
FB111 Crop$185
Chickpeas11 Crop$435
BULLISH FACTORS
Drought concerns in South America – private Argie corn production estimates now circa 20 MMT vs USDA @ 26 MMT.
Potential Black Sea / Easter Europe winterkill event this week. And potential imposing of Russian export duties.
Chinese domestic corn values on the rise.
Persistent La Nina could create difficulties for US new crop
BEARISH 1/2/2012
East Coast rain builds subsoil moisture forpotential bumper 2012 crop – on top of large carry-in.
Logistics bottlenecks creating execution difficulty on East Coast.
Egypt announces wheat import requirement now just 500KMT
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

Monday 6 February 2012 16:30 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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