FAS Daily
Attache Report Digest
June 14,
2004
FAS Daily Attache Report Digest
Update (May)
MALAYSIA, June 14, 2004 -- Malaysia's crude palm oil (CPO)
production rose 7.2 percent to 1.0 MMT in April 2004.
Carry-over levels at the end of April also rose to 1.0 MMT.
Palm oil exports rose to 950 TMT in April. The average local
CPO price dropped from US$521/MT in April to US$483/MT in May.
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Trade Data - Rapeseed Meal and Peanut Meal
INDIA, June 14, 2004 -- Post estimates May 2004 exports of
rapeseed and peanut meal at 100,875 and 44,750 metric tons,
respectively.
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Unexplained cow deaths in the UK prompt urgent human health
investigation
UNITED KINGDOM, June 14, 2004 -- The unexplained death of a
cow in the UK has prompted authorities to investigate whether
there are any possible risks for human health.
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New Crop
SPAIN, June 14, 2004 -- Wet and relatively cool weather
conditions, prevalent throughout most of Peninsular Spain
since late March, have substantially improved prospects for
the winter grain crop. Harvesting has begun in southern areas
and good yields are reported. Prices for grains are declining
dramatically and a higher use of grain in feed formulas is
expected in MY 2004/05.
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June Update
RUSSIAN FEDERATION, June 14, 2004 -- Spring sowing is
developing faster than last year and the forecast for the
winter crop is better than it was last month. However, total
production is still forecast at 73 million metric tons due to
the possibility of bad weather in the Urals and Siberia.
Changes to this year's trade estimates are minor based on
recent data. Government support for this year's crop will be
limited.
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Exports for March 2004
ARGENTINA, June 14, 2004 -- Argentine exports of wheat and
corn for March 2004.
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Exports for March 2004
ARGENTINA, June 14, 2004 -- Argentine exports of oilseeds,
meal and oil for March 2004.
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Palm Oil Monthly Exports: Jan.
MALAYSIA, June 14, 2004 -- For January, total exports of
palm oil were 783.1 MMT.
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Palm Kernel Oil & Meal Monthly Exports: Jan.
MALAYSIA, June 14, 2004 -- For January, total exports of
palm kernel oil were 43.8 MMT and for palm kernel meal, 124.9
MMT.
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Soybean & Meal Monthly Imports: Jan.
MALAYSIA, June 14, 2004 -- For January, total imports for
soybean were 86.9 MMT and for soymeal, 71.1 MMT.
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