McDonald Pelz Derivatives is a Listed Derivatives brokerage and subsidiary of McDonald Pelz Global LLC, the world’s largest grain broker. We utilise our cash execution platform, research, market intelligence, and worldwide network to; service, inform and advise major commercial players, hedge funds, banks and financial institutions in Global Agricultural Listed Derivatives. We are specialists in privately negotiated block trades across futures, options and cleared swap products.
Black Sea Wheat futures were lower on volume of 92,750 MT. 5,000 MT of Aug/Oct traded $2.75 lower at
$2 carry, 17,750 MT of September traded $0.50-1 lower between $200.50-201, 4,000 MT of Sep/March
traded $0.25 higher at $13.50 carry, 7,500 MT of October traded $1.75 lower at $202.50, 17,500 MT of
December traded $1-1.25 lower between $207.50-207.75, […]
The USDA printed a larger than expected soybean yield at 53.3 bpa, which took the US 20/21
carryout above 600 mbu. Chinese demand offset some of the production gains with 19/20
imports up 2 MMT to 98 MMT and 20/21 imports up 3 MMT to 99 MMT […]
Black Sea Wheat futures were lower on volume of 15,950 MT. 13,450 MT of September traded $0.50-
1.25 lower between $201.25-202 and 2,500 MT of December traded $1 lower at $208.50. The last block
trade of the session was the lows in September following the GASC tender results. Both of today’s […]
Chinese demand picked up this week with purchases estimated at 50 cargoes. 30 of those
were US new crop with October/November USG the most popular position, and there were
rumoured to be 6 cargoes of November/December traded Friday. […]