Farmers have planted 583 thousand hectares of early grain

Due to favorable weather conditions this year in 19 regions started sowing early spring grain, which is held on an area of 23% to the forecast, in particular barley sown 457 thousand ha (23%), oats - 19 thousand ha (9%), wheat - 25 thousand ha (15%), peas - 82 thousand ha (45%).

Technical analysis of agricultural futures

For most farmers around the world, this year's selection, which crop to grow can be defined as the rate where the losses will be minimal. After three years of falling prices, profits farmers lowest in the last decade, and some agricultural areas in general are experiencing a period of stagnation and loss on one acre can reach $ 70. Since the peak in 2012 the price of 3 main agriculture (corn, wheat, soybeans) declined by more than 50%, and the technology seed improved to combat drought and pests, which allowed to increase the level of productivity of corn and soybeans by 23% and wheat by only 3.8%. And despite the large ending stocks, it is the ability to better productivity will compel farmers to increase plantings of corn and soybeans at the expense of wheat or other crops.

The overall quality status of crops of wheat in the US have improved in recent weeks, and therefore raised expectations residues, which further contributes to falling prices, which is already well on the 5-year minimum, as the CBOT and the MATIF. And now the current dynamic strengthening dollar only reduces the chances to find buyers for the US wheat market adds pressure along with a decrease in purchasing the largest importer of Egypt.

India's rapeseed output to rise 16 percent to 5.8 mln. tons

India is likely to produce 5.8 million tons of rapeseed in 2015/16, up 16 percent from a year ago, thanks to beneficial weather conditions in key producing northern states, the head of the Central Organization for Oil Industry and Trade (COOIT) told Reuters on Sunday.

India steadily increasing imports of vegetable oils

In February 2016, India imported 1.11 million tons vegetable oils (1.10 million tons of edible oil and 16.5 thousand tons not for human consumption) compared to 868.17 thousand tons in February 2015, reported processors Association of India's oil (Solvent Extractors' Association).

Record Sunseed Plantings Forecast for Ukraine and Russia

The first half of the oilseed season 2015/16 was not easy for the processing enterprises of Ukraine. 26% devaluation of the hryvnia has led to a rapid increase in domestic prices for raw materials (sunflower).
Since September, prices rose by 39% and reached an unprecedented level - 10 750 USD/ton (peaked on the 20th day of February 2016), which took place against a background of falling export prices for sunflower oil on the world market (-12% from September to March).

Neumann Said to Forecast 12% Increase in Brazil’s Coffee Crop

World Sugar Market Seen in Deficit for Few Years

“World production and consumption for the next 2-3 years show a reasonable chance that we will continue having deficits” as prices remain below production costs for many producers, Archer Consulting says in March 12 report.

Tenders outlook

Tunisia’s state grain office said to buy 100k mt of soft wheat, 25k t of barley. Iraq and Syria continue to seek the most appropriate price.

South Africa is stepping up purchases of corn from Ukraine and Argentina

Due to the dry weather conditions, South Africa this year, intends to import millions of tons of corn. Native corn crop in the country will decrease by 27% to 7.25 million. tons.

Palm Oil Reserves in Malaysia Tumble as Output Slumps on El Nino

Palm oil inventories in Malaysia dropped to the lowest in eight months after dry spells triggered by the strongest El Nino in almost two decades cut output in the world’s second-largest grower.