Highlights

Johor house best buy

Author: calvintaneng   |   Latest post: Mon, 23 May 2022, 10:47 PM

 

UNDERSTANDING 3 MAJOR VEGE OIL: 1) PALM OIL. 2) SOYOIL, 3) RAPESEED OR CANOLA OIL, Calvin Tan

Author:   |    Publish date:


Dear Investors,

Palm oil, Soyoil & Canola or Rapeseed oil have been traded a Multi Year Highs this year. Especially Palm Oil & Canola oil have surged to new world records

Now "Experts" have come out to predict that Palm oil prices will fall back. 

Is that so?

Maybe not

Why not?

Answer:

1) There is a very huge shortfall of Canola oil on world markets for the foreseeable future till end 2022

Canada Canola Crop has failed

Severe heat, drought slash canola crop harvest to smallest in 9 years

Canada's canola crop was supposed to be big this year with record-high prices spurring farmers to boost acreage to a three-year high

 

PALM OIL FROM FRUIT: EQUATORIAL CLIMATE

SOYBEAN FROM LEAFY LEGUME: SUB TROPICAL CLIMATE

CANOLA FROM FLOWERING SHRUB: COOL TEMPERATE CLIMATE (ONCE TEMPERATURE REACHES 36 DEGREE CELSIUS ALL CANOLA CROP CANNOT SURVIVE THE CLIMATE CHANGE

 

 

Warm regards

Calvin Tan

 

Please buy or sell after doing your own due diligence or consult your remisier/fund manager

 

Oceania - Crop Production Maps

As of now the only hope of canola crop is from Australia - grown    near the more temperate part of Western Australia &  South-eastern part. But flooding has damaged most part

SO PRICES OF CANOLA OIL REMAIN ELEVATED

 

See

 

Canola increased 389.60 CAD/MT or 61.89% since the beginning of 2021, according to trading on a contract for difference (CFD) that tracks the benchmark market for this commodity.

 
 
20030040050060070080090010001100
1990199520002005201020152020
1025.2
 
Canola (CAD/T) 1025.20  -6.7 (-0.65%)
 


  Price     Day Month Year
Soybeans 1273.5000   0.75 -0.06% 3.01% 6.92%
Wheat 844.2500   1.5 -0.18% 11.22% 38.20%
Lumber 772.60   -29.30 -3.65% 17.06% 24.94%
Cheese 1.75   0.0020 0.11% -1.36% -28.17%
Palm Oil 4,966.00   7.00 0.14% -0.06% 52.85%
Milk 17.95   -0.02 -0.11% 0.50% -22.43%
Cocoa 2,498.00   5.00 0.20% -4.51% -17.34%
Cotton 117.65   -0.06 -0.05% 8.39% 64.48%
Rubber 225.10   7.40 3.40% 5.33% -9.96%
Orange Juice 130.35   3.05 2.40% 4.66% 2.12%
Coffee 231.35   -1.95 -0.84% 14.22% 102.14%
Oat 742.50   -8.5000 -1.13% 7.26% 158.26%
Wool 1,324.00   0 0% -3.29% 14.24%
Rice 14.55   -0.0200 -0.14% 8.54% 16.92%
Canola 1025.30   3.5 0.34% 7.41% 76.68%
Sugar 19.76   -0.23 -1.15% 1.91% 30.43%
Tea 3.14   0 0% 1.62% 15.87%
Corn 575.00   -1.7500 -0.30% 6.88% 35.06%

 

AS LONG AS CANOLA OIL DOES NOT FALL DOWN FROM USD1,000 TO USD600 --- CPO PRICES CANNOT FALL TOO MUCH

VEGETABLE OILS GO UP IN TANDEM. THEY WILL ALSO GO DOWN IN TANDEM AS THEY ARE CO-RELATED

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Share this

  Be the first to like this.
 
calvintaneng https://www.bignewsnetwork.com/news/270239125/canadian-farmers-face-failure-of-canola-wheat-crops
23/11/2021 2:46 PM
calvintaneng https://www.farmonline.com.au/story/7520069/flood-heartbreak-for-central-nsw-farmers/
23/11/2021 2:48 PM
calvintaneng https://www.spglobal.com/platts/en/market-insights/latest-news/oil/043021-phillips-66-starts-up-first-renewable-diesel-unit-at-rodeo-refinery
23/11/2021 2:53 PM


APPS
I3 Messenger
Individual or Group chat with anyone on I3investor
 
 

146  251  192  589 

ActiveGainersLosers
Top 10 Active Counters
 NameLastChange 
 Sembcorp Marine 0.106+0.003 
 YZJ Fin Hldg 0.475+0.04 
 Jiutian Chemical 0.11-0.001 
 AA 0.014-0.003 
 HSI 21400MBeC.. 0.058-0.017 
 Parkson Retail 0.048+0.003 
 Dyna-Mac 0.149+0.002 
 HSI 18200MBeP.. 0.061+0.009 
 Tritech 0.037+0.002 
 Genting Sing 0.78-0.01 
PARTNERS & BROKERS