bull on the wall?

An easy way to summarize today would be to say “as a usual Monday, it’s a slow Monday”. It’s been the truth… So what shall I add to that? Well, on the grains world, it is very likely that usual trades we have been seeing in the last years will move and be different. Australian wheat producers are fairly concerned about the Russian crop and impact likely to come on Australian grains exportations. Some more information here australian exports concern . It’s about the same everywhere. Look at the grains movements in Continent or Baltic. Same in USA, I always refrain myself to talk about politic in this report, however I was reading an interesting article earlier this afternoon, which I’m happy to share with you. I have to admit, the picture opening the article was fairly good in catching my eyes and have to recon, it seems NYTimes being not a big fan of Trump and his approach. cow-boy and agriculture for sure, it could be rock’n’roll in the month to come.

Also, I could read that Algerian wheat tender for October / November is for 700’000mt see here  and very difficult for owners to anticipate the right position for their ships, as the origin might come from almost everywhere…

<blockquote class=”twitter-tweet” data-lang=”fr”><p lang=”en” dir=”ltr”>Algeria's final wheat purchase at 700,000 T – traders – RTRS</p>&mdash; Ags Players (@AgsPlayers) <a href=”https://twitter.com/AgsPlayers/status/775362804740034560″>12 septembre 2016</a></blockquote>
//platform.twitter.com/widgets.js

bye for now…

 

Advertisements

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s