Aakash

Grains & Oilseeds Derivatives Trading @ Aditya Birla Global Trading

[Aakash @aakashbhamre]

@EduardoVanin4 It should narrow the spread between US and Brazil flat prices (after removal of the extra 10% tariff). US & Brazil Basis spread should narrow most, and CBOT would be mildly supportive as US carryout could go lower if China commercials participate.

[Aakash @aakashbhamre]

@business Does it mean KSA considers St of Hormuz voyage as safer / de-escalation about to happen?

[Karen Braun @kannbwx]

🇧🇷 Agroconsult predicts Brazil's 2026/27 soybean planted area could be flat on the year, stalling a 19-year streak of increases.

Tighter profit margins and rising fertilizer costs are key factors, with Brazil's fertilizer imports forecast to fall 11.3% on the year.

[Aakash @aakashbhamre]

@EduardoVanin4 any official comments?

[First Squawk @FirstSquawk]

CENTCOM: A U.S. SAILOR ABOARD USS RAFAEL PERALTA (DDG 115) OBSERVES A COMMERCIAL VESSEL AS THE SHIP PATROLS THE ARABIAN SEA WHILE ENFORCING THE U.S. BLOCKADE AGAINST IRAN. AS OF JUNE 3, CENTCOM FORCES HAVE REDIRECTED 125 COMMERCIAL VESSELS AND DISABLED 6 TO ENSURE COMPLIANCE.

[Aakash @aakashbhamre]

@EduardoVanin4 @agtradertalk Interesting comparison. Which month do you consider when plotting the continuous chart?

[Aakash @aakashbhamre]

@AmericanAgNet @ArlanFF101 @markettalkag Guess July Corn rallying on the back of Wheat + Stronger BRL. 456-460 looking to be a major supply zone.

[Aakash @aakashbhamre]

@OilandGibbs At 9.07 bn RINs, we are talking about 5.67 bn Gal, or my calculations are bit off? For BBD

[Karen Braun @kannbwx]

🇺🇸Trump said on Thursday that his administration will announce actions to help U.S. farmers on Friday. Further details are unavailable, though final biofuel blending quotas are the obvious market expectation.

[Aakash @aakashbhamre]

@kannbwx What is the annual bean crush capacity of the US?
With current pace annual crush can reach shy of 73 mmt. Not sure if US has this capacity. Or they are running at more than 100% utilization.

[Aakash @aakashbhamre]

@drbrock37 What is the annual crush capacity of US?

[Aakash @aakashbhamre]

@drbrock37 Makes sense and I tend to agree with you. Do you think the NOPA guys are running at over capacity? Do you have an estimate of the monthly crush capacity of all NOPA members?

[Aakash @aakashbhamre]

@NicoAIQ Why would funds buy because of BCOM? The new weight rules attach less weight to grains & oilseeds. That should prompt funds to cut their positions instead, and that happens in the first week of Jan.

[Aakash @aakashbhamre]

@FirstSquawk The official post only mentioned 10% duty on all, no?

[Aakash @aakashbhamre]

@FirstSquawk @grok so what is the tariff on China to US and US to China?

[Aakash @aakashbhamre]

@GoddessofGrain Why do you say they are off by at least 10 mmt?

[Aakash @aakashbhamre]

@aghedger That’s about ~8 mmt? China normally buys 15-20 mmt from US. Even if China were to buy the said 8 mmt from US, is it enough gunpowder to lift prices?

[Aakash @aakashbhamre]

@OliverSloup Let’s bet how bean futures will open on Monday!

[Aakash @aakashbhamre]

@BRNAgNews_Carah @naomiblohm @brownfield Can we have a time series chart?

[Aakash @aakashbhamre]

@FirstSquawk Does it require congressional approval?