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Prices to Asia were mainly unchanged but buyers are said to be bidding well below current producer prices with sellers not too interested this week.We have Ramadan coming up in mid-May in Indonesia lasting to mid-June (and all other Muslim countries) so perhaps we will see a sudden rush of pre-Ramadan order from Indonesia – after all it is a major importer of animal proteins.USA domestic prices for animal proteins were steady but supply is increasing which could cause a little price weakness.Also, US interior prices for both feathermeal and poultry meal were stronger, so we may see a move higher in US export prices for these items next week.Overall corn use for crushing was down by about 8 percent in February versus January 2018.Animal protein business felt quiet this week to major destinations in Asia.

Pembayaran kembali retur SP2D pada KPPN Piloting SPAN berbeda dengan KPPN Non SPAN.The first estimates started out up at about 58 million m/t with the latest estimates down to only 38 million m/t – that is quite a drop, but then perhaps the starting 58 million was a tad too much of a guess.It was wheat that had all the price strength this week with US spring wheat jumping by USD 7 to 8 m/t on worries over late planting while winter wheat was up by USD 15 m/t over weather concerns with the current winter crop and the concern over how the winter crop will look closer to harvest.One more small item, according to the latest analysis from the USDA-FAS office in the EU, EU fishmeal production will be steady at about 500,000 m/t with imports of about 170,000 m/t along with exports of 150,000 m/t – there are both imports and exports due to the grade quality differences – import the lower quality but export the expensive, higher quality.The information contained herein is based on sources that we believe to be reliable, but we do not represent that it is accurate or complete.

The trade situation with China was the main point of interest for grain and oilseed people this week and soybeans slipped lower on China concerns.

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