DJ Table Of China August Oilseed, Vegoil, Grain Imports
Table Of Imports By Grain, Oil Type And Origin
(All figures in metric tons)
Aug Change Jan-Aug Change
in Tons on Year in Tons on Year
Wheat
Total 128,073 +44.27% 786,706 -28.84%
Australia 64,548 +177.2% 488,666 -32.79%
USA 63,526 – 182,540 +46.77%
Canada – -100% 115,500 -48.86%
Barley
Total 82,074 -69.76% 1,156,493 -30.35%
Australia 81,584 -56.63% 806,936 -22.26%
France 490 -98.92% 174,769 -6.81%
Argentina – – 118,068 –
Canada – -100% 54,718 -86.86%
Denmark – – 2,002 -77.25%
Corn
Total 244,502 -43.41% 452,799 -36.59%
USA 244,266 -43.06% 434,007 -37.13%
India 235 – 2,058 +2413.41%
Japan – – 1 -24.79%
Laos – -100% 1,583 -85.77%
South Korea – – 319 +1602.89%
China – – 60 –
Taiwan – – 20 +0.08%
Germany – – 128 +31.4%
France 0 – 4 +28.16%
Argentina – – 26 +341.54%
Chile – -100% 1 -74.71%
Peru – – 75 +368.75%
Myanmar – -100% 14,516 +304.92%
Rice
Total 56,549 +322.16% 464,062 +121.82%
Thailand 30,042 +429.79% 254,733 +52.07%
Vietnam 25,725 +234.69% 200,300 +430.36%
South Korea 710 – 1,423 +23719900%
Pakistan 72 – 2,554 +1087.11%
Myanmar – – 1,000 +233.33%
Laos – – 4,044 +40.61%
Taiwan – – 7 -63.17%
Soybeans
Total 4,511,691 -5.35% 33,577,605 -5.48%
Brazil 3,066,192 +24.05% 13,889,875 -4.51%
Argentina 962,800 -44.34% 3,101,387 -50.57%
Uruguay 285,181 -13.32% 823,737 +42.26%
USA 196,561 -16.6% 15,461,710 +9.8%
Canada 958 +38.12% 300,896 +553.78%
Rapeseed
Total 124,033 -47.4% 535,962 -56.34%
Canada 122,738 -47.95% 526,479 -57.09%
Mongolia 1,295 – 9,483 +1586.64%
Rapeseed Oil
Total 26,575 -81.48% 318,377 -46.07%
Canada 26,549 -78.88% 308,104 -45.02%
Australia 15 – 546 +3521.75%
USA 11 +147.72% 70 -96.48%
Germany – -100% 16 -54.24%
Japan – -100% 54 -74.23%
Malaysia – – 60 –
UAE – -100% 9,527 -65.57%
Rapeseed Meal
Total 56,698 -40.64% 1,093,675 +36.39%
India 40,223 +101.65% 503,161 +76.2%
Canada 16,476 -73.51% 533,207 +25.48%
Ethiopia – -100% 10,437 -55.5%
Pakistan – -100% 46,870 -30.86%
Soyoil
Total 138,227 -26.51% 779,830 +31.06%
Brazil 78,102 -53.25% 360,460 -13.13%
Argentina 60,072 – 229,853 +48.39%
India 51 – 331 –
Taiwan 2 – 4 +136.94%
USA 1 -100% 188,945 +702.8%
China – – 50 –
South Korea – -100% 163 -89.51%
Canada – -100% 2 -89.91%
Sweden – – 22 +134.55%
Soymeal
Total 1,000 -71.33% 156,415 +251.41%
Denmark 1,000 +100% 3,500 +45.83%
Taiwan – -100% 1,575 -23.54%
India – -100% 151,340 +278.81%
Palm Oil
Total 594,862 +114.26% 3,593,192 -4.14%
Malaysia 436,818 +161.34% 2,330,423 -6.77%
Indonesia 157,307 +43.03% 1,251,756 +1.42%
Taiwan 646 +25.93% 3,136 +51.36%
Thailand 91 – 91 –
Singapore – – 258 –
India – – 4,996 -50.09%
Philippines – – 2,532 +25.79%
(Source: General Administration of Customs)
DJ Table Of China August Oilseed, Vegoil, Grain Exports
Table Of Exports By Grain, Oil Type And Destination
(All figures in metric tons)
Aug Change Jan-Aug Change
in Tons on Year in Tons on Year
Wheat
Total – – 5 +284.62%
Pakistan – – 5 –
Barley
Total 734 +18.94% 5,131 -37.84%
South Korea 733 +19.21% 4,608 -36.15%
USA 1 -60.31% 24 -11.83%
North Korea – – 1 -99.92%
Taiwan – – 5 –
Uzbekistan – – 420 –
Russia – – 72 –
Philippines – – 1 –
Corn
Total 13,286 +46.85% 80,405 -20.89%
North Korea 13,286 +46.85% 80,272 +29.44%
Japan – – 35 -99.87%
Laos – – 50 –
Pakistan – – 40 -63.11%
South Korea – – 9 -99.92%
Rice
Total 21,131 +9.66% 282,659 -32.53%
North Korea 10,417 +115.66% 40,313 +5.06%
South Korea 5,406 -24.62% 139,089 -15.54%
Hong Kong 2,816 +2.22% 20,571 -33.11%
Mongolia 1,586 +517.12% 6,227 +54.86%
Kirghizstan 348 -67.09% 3,821 -11.86%
Tajikistan 120 -80.33% 1,569 -55.5%
Russia 120 -88.89% 5,256 -37.84%
Kazakhstan 100 -90.19% 1,504 -79.41%
Botswana 65 +30% 65 -27.78%
Angola 52 – 196 +8.69%
Georgia 48 – 72 –
Macau 43 -79.81% 774 -59.08%
Sierra Leone 6 +0.83% 6 -2.18%
Morocco 3 – 3 –
Turkey – – 2,748 –
Vietnam – – 854 +20.37%
East Timor – – 5,000 –
Iran – – 96 –
Japan – -100% 16,252 -65.41%
Laos – – 6 –
Lebanon – – 1,454 +25.79%
Bahrain – – 22 –
Djibouti – – 9 -51.15%
Ivory Coast – – 5,000 -78.81%
Liberia – – 5,001 -81.48%
Libya – – 1,048 +5140%
Bangladesh 0 – 9 –
Namibia – – 240 –
Pakistan – – 3,848 +6.06%
South Africa – – 20,000 +928.81%
Sudan – – 85 –
Zambia – -100% 111 +31.49%
Eritrea – – 15 –
Philippines – – 25 -24.56%
Indonesia – -100% 1,370 +5.19%
Soybeans
Total 13,781 +133.51% 149,557 +19.27%
North Korea 6,817 +11653.97% 17,731 -23.68%
Japan 1,870 -23.51% 33,280 -11.48%
Vietnam 1,688 +720.57% 4,759 -34.59%
USA 930 +15.14% 13,856 +5.04%
South Korea 768 +213.22% 65,018 +141.88%
Belgium 500 -50% 3,880 -27.53%
Hong Kong 372 -7.25% 2,388 -12.55%
Taiwan 246 +89.75% 1,445 -16.92%
Malaysia 200 +75.64% 1,039 +4.18%
Germany 134 -33.12% 1,642 +8.14%
Netherlands 101 -0.2% 1,929 -30.24%
Spain 84 +33.33% 686 +17.24%
Singapore 23 +441.18% 63 +71.69%
Brunei 20 – 34 –
Botswana 15 – 20 –
Macau 8 +118.49% 47 +34.29%
France 4 -24% 18 +25.03%
Gabon 1 – 1 +60%
Sudan 1 – 4 -89.69%
Sierra Leone – – 1 –
South Africa – – 24 –
Qatar – – 27 –
Zambia – -100% 10 +98.19%
Eritrea – – 1 –
Kuwait – – 5 +138.5%
UK – – 144 -74.58%
Kazakhstan – – 300 –
Angola – – 31 +47.45%
Italy – – 16 -78.79%
Mongolia – – 42 +222.52%
Portugal – -100% 2 -93.51%
Ethiopia – – 1 –
Russia – -100% 150 +1402.83%
Czech – – 22 –
Chile – – 10 +25.25%
Canada – – 29 -84.09%
Thailand – – 269 +497.87%
Australia – -100% 604 +279.11%
New Zealand – – 29 +60.79%
Rapeseed
Total 61 +27170.27% 111 +58.03%
Tunisia 38 – 80 –
South Korea 9 – 9 –
Japan 7 +3003.6% 16 +6969.82%
Pakistan 6 – 6 –
Rapeseed Oil
Total 172 -10.03% 2,411 -22.04%
Hong Kong 153 -15.79% 1,775 -35.51%
Japan 17 – 567 +58267.08%
Canada 2 – 2 –
Mongolia – – 57 –
Zambia – – 5 –
Macau – -100% 6 -98.17%
Rapeseed Meal
Total 288 +67.64% 3,923 -92.97%
Japan 267 +55.69% 3,074 -55.66%
Indonesia 21 – 49 –
Vietnam – – 800 –
Soyoil
Total 6,563 +9.17% 31,367 -20.64%
North Korea 3,451 +17.33% 22,738 +46.6%
Japan 2,314 – 2,763 -61.22%
Singapore 473 -29.21% 3,032 -0.67%
Hong Kong 309 +4.97% 2,683 -61.38%
Macau 10 -93.33% 87 -90.57%
East Timor 4 – 6 –
Canada 2 – 2 –
Djibouti – – 4 -48.34%
Gabon – – 3 +120%
Guinea – – 1 -92.5%
Zambia – -100% 33 +120.06%
Angola – – 9 +38.46%
USA – – 1 –
Soymeal
Total 38,679 -50.29% 313,100 -63.86%
Japan 25,622 -56.64% 203,811 -70.48%
North Korea 3,937 +463.02% 13,900 +146.87%
South Korea 2,763 – 7,997 -87.74%
Netherlands 2,169 +97.92% 14,240 +66.92%
UK 1,758 -54.71% 16,381 -11.78%
USA 638 -45.28% 11,873 -3.7%
Denmark 401 -50.49% 4,069 +97.5%
Norway 301 – 2,038 +440.5%
Switzerland 257 +32.51% 2,238 +0.58%
Israel 246 – 1,042 +67.36%
Vietnam 220 -94.95% 25,330 -41.55%
Malaysia 200 -96.54% 6,506 -55.14%
Canada 101 +70.58% 379 -26%
Australia 35 – 441 +38.05%
Hong Kong 30 +900% 929 +23125%
Indonesia – -100% 50 -75%
Germany – – 300 –
Thailand – – 1 -76%
Finland – – 20 –
Cyprus – -100% 466 -2.57%
Egypt – – 17 –
Ecuador – -100% 614 +46.38%
Mexico – -100% 180 +11.11%
Zambia – – 150 –
Belgium – – 95 –
Philippines – – 13 -50%
New Guinea – – 17 –
Palm Oil
Total 66 – 903 +72.95%
Kirghizstan 66 – 445 +50%
North Korea – – 458 +9060%
(Source: General Administration of Customs)
WHEAT
General Comments: Futures closed mixed to higher yesterday in Chicago in consolidation trading. Fears of an economic meltdown in Greece and all of Europe caused a lot of the selling, as did more talk that Russia was taking all the export business, while ideas the market was oversold and basis strength for SRW at the Gulf helped bullish traders. Some showers were seen in much of the Great Plains and Midwest last week, and more is possible later this week. Rain totals remain very light, but even light rain will help there since it has been so dry. It might be enough to give southern Great Plains Wheat producers reasons to start planting, but growth and good production potential will remain problematical until much more significant rains arrive. No such rains are in the forecast. Ideas of tight supplies here of high quality Wheat and ideas that the hard Red Winter Wheat crop will struggle to get planted in a timely way as it still has not rained all that much in areas of the central and southern Great Plains continue. Yields and quality in Spring Wheat areas was hurt earlier in the season due to excessive rains in the north, but harvest conditions now are good. Wheat is still finding its way into feed rations as many buyers do not want to pay the high prices for Corn. The current Corn prices imply that these trends will continue. Charts show that the trends are down.
Overnight News: Mostly dry conditions are expected in the southern Great Plains. Northern areas could see mostly dry conditions. Temperatures should average near to below normal early in the week and near to above normal later in the week. It should be very warm this weekend. The Canadian Prairies should get mostly dry conditions, and turn very warm by this weekend. Temperatures will average near normal to above normal this week and much above normal this weekend. Gulf basis levels are higher for Soft Red Winter Wheat and steady for Hard Red Winter Wheat.
Chart Analysis: Trends in Chicago are down with no objectives. Support is at 667, 662, and 651 December, with resistance at 682, 687, and 696 December. Trends in Kansas City are down with no objectives. Support is at 760, 755, and 734 December, with resistance at 780, 800, and 806 December. Trends in Minneapolis are down with no objectives. Support is at 833, 822, and 815 December, and resistance is at 860, 876, and 879 December.
RICE
General Comments: Prices were lower again yesterday on speculative selling tied to weakness in outside markets and fears about the European situation. However, futures found some demand after a sharp move lower in the overnight markets and closed with only moderate losses. Cold weather remains and issue for farmers here and is expected to return for the next few days. The weather was cool last week enough to hurt Rice progress and yield potential, at least in Arkansas and Missouri, and might get cool enough again. The harvest continues to move north, although slowly. Initial yield reports are mixed in Arkansas. Milling yields have not been good as harvest progresses. US cash markets are reported to be steady to firm in Arkansas. New crop bids have also been steady to firm. Cash markets in Texas and Louisiana appear steady to firm. Futures remain well above cash prices, but cash prices are starting to move a little higher as the harvest progresses.
Overnight News: Some showers are possible in Mid South and Delta areas Thursday, but mostly dry. Temperatures will average below normal.
Chart Analysis: Trends are down with objectives of 1664 November. Support is at 1685, 1680, and 1676 November, and resistance is at 1751, 1763, and 1795 November.
DJ USDA World Market Rice Prices – Sep 21
USDA today announced the prevailing world market prices
of milled and rough rice, adjusted for U.S. milling yields
and location, and the resulting marketing loan gain (MLG)
and loan deficiency payment LDP) rates.
—–World Price—– MLG/LDP Rate
Milled Value Rough Rough
($/cwt) ($/cwt) ($/cwt)
Long Grain 23.06 15.09 0.00
Medium/Short Grain 22.75 15.44 0.00
Brokens 16.32 —- —-
CORN AND OATS
General Comments: Corn and Oats closed lower yesterday, although Corn was able to hold on more rumors that China was interested in buying between 2.0 and 5.0 of US or Argentine Corn. Wire services quoted Chinese analysts as expecting imports this year. They said that China could become a very big importer of Corn in the next few years. Expectations of harvest progress helped keep prices down. Some showers and cool temperatures were seen over the weekend and the precipitation could slow harvest progress. More showers are expected in northern areas today and tomorrow, and temperatures will turn cold again. USDA showed more than expected condition declines in its weekly reports Monday, implying that the freeze damage was worse than generally assumed last week. The cash market is steady, and cash market buyers have been easier to find with current prices, but demand overall does not appear that strong. Basis levels are steady in the country as the elevators prepare for the harvest.
Overnight News: Basis was steady at the Gulf of Mexico.
Chart Analysis: Trends in Corn are down with no objectives. Support is at 694, 686, and 677 December, and resistance is at 707, 717, and 725 December. Trends in Oats are up with objectives of 357, 368, and 418 December. Support is at 346, 342, and 340 September, and resistance is at 359, 361, and 366 December.
SOYBEANS AND PRODUCTS
General Comments: Soybeans and Soybean Meal were higher yesterday on short covering, but Soybean Oil was lower. Ideas of weak demand and on the European and Greek economic issues continued to hurt price action. A cold front moved through the Midwest last week and brought frost or freezes to some of the crop in Minnesota and the Dakotas. USDA showed greater than expected condition losses in its weekly updates yesterday because of the event. More showers are likely in northern areas over the middle of the week, then it will turn cold again. Initial yield reports have been highly mixed. US processor demand is not good for now, and export demand appears soft. Basis levels are steady. Charts show that trends are mostly down for the short term.
Overnight News: Basis levels are steady at the gulf. Gulf Soybean Meal basis is steady. China bought 120,000 tons of US Soybeans overnight.
Chart Analysis: Trends in Soybeans are down with no objectives. Support is at 1326, 1318, and 1282 November, and resistance is at 1350, 1375, and 1382 November. Trends in Soybean Meal are down with no objectives. Support is at 342.00, 338.00, and 337.00 October, and resistance is at 353.00, 354.00, and 360.00 October. Trends in Soybean Oil are down with no objectives. Support is at 5515, 5475, and 5415 October, with resistance at 5600, 5625, and 5650 October.
CANOLA AND PALM OIL
General Comments: Canola was higher along with Chicago. Harvest progress continues and kept futures from moving much higher. Funds and producers were the best sellers. Exporters and processors were the best buyers. Reports of dry weather supported ideas of big harvest progress. Some selling was seen as export demand seems slow. Cash movement by farmers was reported moderate last week as the farmers are with the new crop harvest. Most crops appear to be in good condition as harvest progresses, and yields are reported to be very good. Ideas are that the crops are now past danger from freezes, which is good since there was a killing freeze in most areas last week. Harvest is ahead of normal. Palm Oil was mixed today.
Overnight News:
Chart Analysis: Trends in Canola are mixed to down with no objectives. Support is at 551.00, 546.00, and 544.00 November, with resistance at 557.00, 560.00, and 569.00 November. Trends in Palm Oil are mixed to up with no objectives. Support is at 3025, 3015, and 2980 December, with resistance at 3080, 3090, and 3115 December.
Midwest Weather: Mostly dry, but showers are possible across northern areas tomorrow. Temperatures will average below normal.
Questions? Ask Jack Scoville today at 312-264-4322
Free – Subscribe to receive Daily Newsletters via Email (Also in Spanish)
