PULP BEET
Except for a fire in Miranda that the factory has stopped until today, the rest continues to produce at a normal pace, carrying 614,402 tonnes of beet delivered to 15/11/1909 Ebro Sugar Acor 233,486 tons and 380,916 tons.
follows the same scenario as last week, with low consumption and low prices. As stated above until it begins to climb the corn and barley in particular do not believe that the consumption of flesh back to normal.
pulp import was stopped this week about the 125 € / t except in Santander which is situated on the 115 € / t probably by competition from Olmedo.
SOYBEAN MEAL
Soybean meal is its upward trend again, after the report bearish / bullish, there is always a good excuse to raise the price. This week was the vomitoxin in corn on small areas and Chinese exports.
data to consider:
1 - The progress of the harvest is 89% (75% last week), if good weather this week, they may end, or not, because time is expected rain for the week.
2 - Soybean exports according to the USDA to November 13, with a total of 1,272,500 tonnes (522.000Tm last week) expected between 550/700.000Tm.
3 - It appears that the child begins to emerge in South America this week giving rains. Is doubt about the area Estimated final planting between 15 and 19 mill for you.
4 - The estimated planting in Argentina is 44% of the 19 million hectares. projected to 8.400.750Has. According OilWord estimated that there are still problems 7mill Has.con water.
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