Morning Agri Report - Grain SA Home Aug Farmwise Morning...SAFEX YMAZ Aug'12 2730 8 0.00-R 10 3728 3780 3812 3803 3772 3398 SAFEX YMAZ Sep'12 2740 1 25.50-R 10 3754 3813 3847 3837

Rudi Swanepoel

Tel: 011-787 3666 Morning Agricultural Market Report

Fax: 011-787 3710

[email protected]

www.farmwise.co.za

CME Corn Sep'12 830 1/4 -1 831 3/4

CME Corn Dec'12 834 3/4 -4 836 1 1/4

CME Corn Mar'13 833 1/4 -4 1/2 835 1 3/4

CME Corn May'13 823 1/4 -5 3/4 825 1/2 2 1/4

CME Corn July'13 807 -7 1/2 809 1/4 2 1/4

CME Corn Sep'13 692 -2 3/4 693 1/4 1 1/4

CME Corn Dec'13 653 1/2 -1 3/4 655 1 1/2

Gold 06:59 1662.9 Rand/Pound 06:55 13.037

Brent Crude 06:56 117.3 Rand/Euro 06:55 10.3072

Rand/Dollar 06:59 8.2199 Dollar/Euro 06:59 1.2538

2011/12 2011/12 2012/13 2012/13

USDA Informa USDA Informa

Aug Aug Aug Aug

91.9 91.9 96.4 96.4

84.0 84.0 87.4 85.7

147.2 147.2 123.4 131.1

1128 1128 1021 1041

12358 12358 10779 11235

25 25 75 100

13511 13511 11875 12376

4550 4500 4075 4425

6390 6420 5850 6175

5000 5000 4500 4750

10940 10920 9925 10600

1550 1550 1300 1200

12490 12470 11225 11800

1021 1041 650 576

8.2% 8.3% 5.8% 4.9%

Initial Stocks(M/Bu)

Ending Stocks

Stks/Use Ratio

Imports

LATEST SPOT PRICES

US CORN SUPPLY & DEMAND PROJECTION (M/Bu)

(M Acres)

23 August 2012

US CORN RECAP

CME CORN FUTURES

Net

Change

CME CORN FUTURES MARKET RECAP

Net

Change

Total Domestic

December Corn finished down 4 at 834 3/4, 4 3/4 off the high and 6 1/2 up from the low. March Corn closed down 4 1/2 at 833 1/4. This was 5

3/4 up from the low and 5 1/4 off the high. December corn closed slightly lower on the day and well off session lows. Traders continue to

monitor yield and condition reports as a large crop tour moves across the Corn Belt today. Early yield reports have been worse than expected,

which has traders questioning if the US average corn yield could be near 121 bushels per acre vs. the current USDA estimate of 123.4. If

achieved, production could fall to an 8 year low which would mean further demand cuts across the balance sheet. Ethanol production for the

week ending August 17 averaged 823,000 barrels per day which is down 8.96% from last year. Total Ethanol production for the week was 5.76

million barrels vs. 5.73 the week prior. Corn used in last week's production is estimated at 87.67 million bushels which was the 4th

consecutive week corn usage has increased. News that Argentina grain and vegetable oil exports have been halted for 3 days due to a strike

offered support to the grain complex. The US Dollar traded slightly higher midday but the gains were erased after the FOMC minutes suggested that further monetary easing may be needed to jump start the US economy. The US Dollar turned lower for the remainder of the session and corn climbed off it's session lows.

Overnight

Market

Last

Main Board

Close

Future

Month

Commodity

Planting Acres

CME DEC'12 CORN - WEEKLY SNAPSHOT

Harvested Acres

Total Usage

Exports

Yield (Bu / Acre)

Food/Seed & Industry

Total Supply

Production FUNDAMENTAL CHARTS

Ethanol

Feed/Residual

Weekly QCZ2 2010/06/27 - 2012/10/07 (CHG)

Cndl, QCZ2, Last Trade

SMA, QCZ2, Last Trade(Last), 13

SMA, QCZ2, Last Trade(Last), 21

Price

USc

Bsh

1/8

480

510

540

570

600

630

660

690

720

750

780

810

840

870

Jul Aug Sep Oct Nov Dec Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec Jan Feb Mar Apr May Jun Jul Aug Sep Oct

Q3 2010 Q4 2010 Q1 2011 Q2 2011 Q3 2011 Q4 2011 Q1 2012 Q2 2012 Q3 2012

Sep'12 Dec'12 Mar'13 May'13 Jul'13 Sep'13

SAFEX WMAZ Aug'12 2737 12 0.00 -R 10 3408 3460 3492 3483 3452 3078

SAFEX WMAZ Sep'12 2753 13 28.50 -R 10 3434 3493 3527 3517 3489 3111

SAFEX WMAZ Dec'12 2825 16 26.50 -R 10 R -26 R -33 R -34 R -34 R -36 R -33

SAFEX WMAZ Mar'13 2812 12 26.50 -R 10 668 676 730 1008 1062 n/a

SAFEX WMAZ May'13 2490 0 0.00 -R 10

SAFEX WMAZ Jul'13 2395 10 30.50 -R 10


SAFEX YMAZ Aug'12 2730 8 0.00 -R 10 3728 3780 3812 3803 3772 3398

SAFEX YMAZ Sep'12 2740 1 25.50 -R 10 3754 3813 3847 3837 3809 3431

SAFEX YMAZ Dec'12 2784 8 25.00 -R 10 R -26 R -33 R -34 R -34 R -36 R -33

SAFEX YMAZ Mar'13 2762 4 26.00 -R 10 988 996 1050 1328 1382 n/a

SAFEX YMAZ May'13 2475 15 26.00 -R 10

SAFEX YMAZ Jul'13 2390 0 27.00 -R 10


2524 2573 2601 2591 2559 2190

2548 2603 2633 2622 2592 2219

R -23 R -30 R -31 R -31 R -33 R -30

216 211 161 -116 -169 n/a

Africa Overseas

WMAZ 117 377 429 375 546 752 WMAZ 5 537 231 6 193 425

YMAZ 36 582 2 002 38 584 YMAZ 3 881 384 4 644 378

Total 153 959 431 377 585 336 Total 9 418 615 10 837 804

YMAZ Export Parity Randfontein

SAFEX Below Randfontein

R/ton (Current 07:00am)

Today's

Opening

Call

US No.3 YMAZ Import Parity FOR Durban Harbour

Indicative Import and Export Parity Prices - USA No.3 Yellow Maize Gulf

SAFEX WMAZ FUTURES (Previous Close)

Parity Change Up/Down

South African Maize Recap

Main Board

Close Month

Future

Month

Commodity


SAFEX Above Export Parity

R/ton (Previous 12:00pm)

SAFEX Below Durban Harbour

Month

SAFEX YMAZ FUTURES (Previous Close)




Option

Volatility

(%)

Net

Change

MAIZE EXPORTS - Progressive 2012/13 Season

Exported from

RSA:

Latest SAGIS Figures

RSA MAIZE SUPPLY & DEMAND PROJECTION ('000 tons)

US No.3 YMAZ Import Parity - Delivered - Durban to Randfontein


Month


PARITY GRAPH www.grainsa.co.za

WEEKLY PRODUCER DELIVERIES ('000) (1May'12 - 30Apr'13)Outstanding

(excluding

Retentions)

Plus Early

DeliveriesLess CECTotalCommodity

Destined forTotal

CME Soybeans Sep'12 1748 -5 1/2 1756 3/4 8 3/4

CME Soybeans Nov'12 1727 3/4 -4 3/4 1735 1/2 7 3/4

CME Soybeans Jan'13 1715 -5 1/2 1722 3/4 7 3/4

CME Soybeans Mar'13 1623 1/4 0 1631 1/4 8

CME Soybeans May'13 1532 3 1/4 1546 1/2 14 1/2

CME Soybeans Jul'13 1508 4 1/4 1520 12

CME Soy Meal Aug'12 0.00 0.00 0.00 0.00

CME Soy Meal Sep'12 535.70 -7.90 536.80 1.10

CME Soy Meal Oct'12 526.90 -5.60 529.00 2.10

CME Soy Meal Dec'12 519.70 -4.80 522.40 2.70

CME Soy Meal Jan'13 509.80 -4.40 513.40 3.60

CME Soy Meal Mar'13 474.80 -3.00 480.60 5.80

CME Soybean Oil Aug'12 0.00 0.00 0.00 0.00

CME Soybean Oil Sep'12 56.17 0.60 56.09 -0.08

CME Soybean Oil Oct'12 56.39 0.62 56.27 -0.12

CME Soybean Oil Dec'12 56.83 0.61 56.71 -0.12

CME Soybean Oil Jan'13 57.05 0.59 56.94 -0.11

CME Soybean Oil Mar'13 57.07 0.59 56.88 -0.19

2011/12 2011/12 2012/13 2012/13


Aug Aug Aug Aug

75 75 76.1 76.1

73.6 73.6 74.6 74.6

41.5 41.5 36.1 37.4

215 215 145 138

3056 3056 2692 2790

15 10 20 25

3286 3281 2857 2953

1690 1705 1515 1575

1350 1370 1110 1250

101 68 116 119

3141 3143 2742 2944

145 138 115 8

4.6% 4.4% 4.2% 0.3%

US SOY RECAP

Net

Change

Overnight

Market

Last

Production


Net

Change

(M Acres)

FUNDAMENTAL CHARTS

Main Board

Close

Planting Acres

CME SOYBEAN FUTURES

CME NOV'12 SOYBEAN - WEEKLY SNAPSHOT

Future

Month

US SOYBEAN SUPPLY & DEMAND PROJECTION

Commodity November Soybeans finished down 4 3/4 at 1727 3/4, 6 1/2 off the high and 12 1/4 up from the low. January Soybeans closed down 5 1/2 at

1715. This was 11 up from the low and 7 1/2 off the high. December Soymeal closed down 4.8 at 519.7. This was 3.9 up from the low and 6.1

off the high. December Soybean Oil finished up 0.61 at 56.83, 0.16 off the high and 1.16 up from the low. November soybeans traded lower

into the closing bell and settled off session lows. Soybean meal was lower on the day but soybean oil traded sharply higher, posting a new

high for the move. Soybeans continue to see support from strong export demand and questionable yields across the Corn Belt. News that

Argentina grain and vegetable oil exports have been halted for 3 days due to a strike offered support to the grain and oilseed complex. The US

Dollar traded slightly higher midsession which offered resistance to price gains but dovish comments by the FOMC turned the US Dollar lower

and commodity prices recovered into the closing bell. Early yield reports from a large crop tour have been worse than expected for some

areas, but rainfall and cooler temperatures in early August have benefited portions of the soybean crop. The trade feels the average US soybean yield could be near 36.5 bushels per acre vs. the August USDA estimate of 36.1.

CME SOY MEAL FUTURES

CME SOY FUTURES MARKET RECAP

CME SOYBEAN OIL FUTURES

Harvested Acres

Crushing

Yield (Bu / Acre)

Imports

Supply, Total

Exports

Use, Total

Ending Stocks

Seed/Residual

Stks/Use Ratio

Weekly QSX2 2010/06/27 - 2012/09/30 (CHG)

Cndl, QSX2, Last Trade

2012/08/26, 1646, 17443/4, 1641, 17351/2

SMA, QSX2, Last Trade(Last), 13

2012/08/26, 15157/8+

SMA, QSX2, Last Trade(Last), 21

2012/08/26, 14491/4

Price

USc

Bsh

1/8

1150

1200

1250

1300

1350

1400

1450

1500

1550

1600

1650

1700

Jul Aug Sep Oct Nov Dec Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec Jan Feb Mar Apr May Jun Jul Aug Sep

Q3 2010 Q4 2010 Q1 2011 Q2 2011 Q3 2011 Q4 2011 Q1 2012 Q2 2012 Q3 2012

Sep'12 Nov'12 Jan'13 Mar'13 May'13 Jul'13

SAFEX SUNS Aug'12 5705 90 0.00 R 0 6511 6486 6491 6229 5978 5937

SAFEX SUNS Sep'12 5710 86 26.00 R 0 6543 6511 6519 6240 5961 5917

SAFEX SUNS Dec'12 5886 89 26.00 R 0 -32 -25 -28 -11 16 19

SAFEX SUNS Mar'13 5750 76 0.00 R 0 666 591 616 744 1088 n/a

SAFEX SOYA Aug'12 5820 25 0.00 R 0

SAFEX SOYA Sep'12 5845 93 16.00 R 0 Sep'12 Nov'12 Jan'13 Mar'13 May'13 Jul'13

SAFEX SOYA Dec'12 5885 105 22.00 R 0 6831 6806 6811 6549 6298 6257

SAFEX SOYA Mar'13 5485 75 22.50 R 0 6863 6831 6839 6560 6281 6237

-32 -25 -28 -11 16 19

986 911 936 1064 1408 n/a

SOYA 597 200 655 700 0 58 500 Sep'12 Nov'12 Jan'13 Mar'13 May'13 Jul'13

SUNS 480 000 527 110 0 47 110 5357 5332 5334 5094 4862 4823

5383 5351 5357 5101 4845 4802

-26 -20 -22 -7 18 20

488 543 561 391 28 n/a

Commodity



Indicative Import and Export Parity Prices - USA SOYBEANS

Future

Month Month

Net

Change

USA SOYBEANS Import Parity FOR Durban HarbourMain Board

Close


SAFEX SOYA FUTURES (Previous Close)


USA SOYBEANS Import Parity - Delivered - Durban to Randfontein

Month

Today's

Opening

Call

SAFEX SUNFLOWER FUTURES (Previous Close)

Option

Volatility

(%)

South African Soy and Sunflower Recap

RSA SOYA AND SUNFLOWER SUPPLY & DEMAND PROJECTION


Out-

standing



Month


PARITY GRAPH www.grainsa.co.za

Commodity




Latest SAGIS - MONTHLY PRODUCER DELIVERIES

PROG. JAN 2012 - DEC 2012 (tons)

RetentionsFarm

Deliveries

SOYBEANS Export Parity Durban HarbourLess CEC


CME Wheat Sep'12 896 1/2 -4 894 -2 1/2

CME Wheat Dec'12 917 -5 914 -3

CME Wheat Mar'13 925 1/4 -4 3/4 922 -3 1/4

CME Wheat May'13 915 1/2 1/4 915 1/2 0

CME Wheat July'13 861 3/4 3/4 860 -1 3/4

CME Wheat Sep'13 860 1/4 -1 1/4 0 0

KCBT Wheat Sep'12 905 1/4 -3 902 1/4 -3

KCBT Wheat Dec'12 930 -2 1/2 927 1/2 -2 1/2

KCBT Wheat Mar'13 938 3/4 -2 3/4 938 3/4

KCBT Wheat May'13 934 3/4 -1 3/4 934 3/4 -1 3/4

KCBT Wheat July'13 877 1/4 -3 3/4 877 - 1/4

KCBT Wheat Sep'13 877 1/4 -5 3/4 877 1/4 -5 3/4

2011/12 2011/12 2012/13 2012/13


Aug Aug Aug Aug

54.40 54.40 56.00 56.00

45.70 45.70 48.80 48.80

43.70 43.70 46.50 46.50

862 862 743 743

1999 1999 2268 2268

112 113 130 125

2974 2975 3141 3136

941 940 950 945

77 76 73 76

163 167 220 250

1181 1182 1243 1271

1050 1050 1200 1250

2231 2232 2443 2521

743 743 698 615

33.3% 33.3% 28.6% 24.4%

Net

Change

US WHEAT RECAP

Commodity Net

Change

Overnight

Market

Last

December Wheat finished down 5 at 917, 4 1/4 off the high and 5 3/4 up from the low. March Wheat closed down 4 3/4 at 925 1/4. This was 5

1/4 up from the low and 3 3/4 off the high. December Chicago Wheat closed slightly lower on the day. Kansas City and Minneapolis wheat

settled lower as well. Wheat found support on reports that the European Union soft wheat crop may produce 125 million tonnes for 2012/13

which is down 3% from 2011 but traders took profits early in the day on reports that hard red winter wheat areas are expected to see good

rainfall in the next 7-10 days. The rainfall is expected to help topsoil conditions as farmers begin to plant next year's wheat crop. Farmers in

Argentina will plant 3.6 million hectares of wheat for the 2012/13 marketing year. This was unchanged from a July estimate. Argentina wheat

plantings have declined year over year due to better prices for other cash crops and frustration with the Argentina government wheat export

quota system. The US Dollar traded slightly higher midday but the gains were erased after the FOMC minutes suggested that further monetary

easing may be needed to jump start the US economy. The US Dollar turned lower for the remainder of the session and wheat climbed off it's session lows. December Oats closed down 1 1/2 at 395 1/2. This was 4 1/4 up from the low and 2 1/2 off the high.

CME WHEAT FUTURES MARKET RECAP

KCBT WHEAT FUTURES

Total Supply

CME NOV'12 WHEAT - WEEKLY SNAPSHOT

FUNDAMENTAL CHARTS

US WHEAT SUPPLY & DEMAND PROJECTION (M/Bu)

Yield (Bu / Acre)

Planting Acres

Imports

Production

CME WHEAT FUTURES

Main Board

Close

Future

Month


(M Acres)

Harvested Acres

Exports

Total Domestic

Feed/Residual

Seed

Food

Stks/Use Ratio

Total Usage

Ending Stocks

Weekly QZWZ2 2010/07/11 - 2012/10/05 (CHG)

Cndl, QZWZ2, Last Trade

SMA, QZWZ2, Last Trade(Last), 13

SMA, QZWZ2, Last Trade(Last), 21

Price

USc

Bsh

1/8

660

680

700

720

740

760

780

800

820

840

860

880

900

920

940

Aug Sep Oct Nov Dec Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec Jan Feb Mar Apr May Jun Jul Aug Sep

Q3 2010 Q4 2010 Q1 2011 Q2 2011 Q3 2011 Q4 2011 Q1 2012 Q2 2012 Q3 2012


SAFEX Wheat Aug'12 3502 13 0.00 -R 20 3569 3685 3756 3771 3614 3639

SAFEX Wheat Sep'12 3511 12 26.50 -R 20 3597 3712 3774 3778 3650 3675

SAFEX Wheat Dec'12 3529 24 23.00 -R 20 -28 -27 -18 -7 -37 -36

SAFEX Wheat Mar'13 3590 21 24.00 -R 20 58 156 166 n/a n/a n/a


3889 4005 4076 4091 3934 3959

3917 4032 4094 4098 3970 3995

RSA Africa Overseas -28 -27 -18 -7 -37 -36

Overseas 1443074 1411512 31562 0 378 476 486 n/a n/a n/a

Africa Overseas

Overseas 31454 31454 0 Sep'12 Dec'12 Mar'13 May'13 Jul'13 Sep'13

RSA 227010 227010 0 2286 2385 2445 2457 2315 2335

2308 2406 2458 2459 2344 2364

-22 -21 -13 -3 -29 -29

1225 1144 1145 n/a n/a n/a

South African Wheat Recap

Option

Volatility

(%)

Commodity Net

Change


Future

Month


Month

Today's

Opening

Call


Indicative Import and Export Parity Prices - USA HRW No.2 Wheat

USA HRW No.2 Wheat Import Parity FOR Durban Harbour

SAFEX WHEAT FUTURES (Previous Close)

Main Board

Close

Imported from:


USA HRW No.2 Wheat Import Parity - Delivered - Durban to Randfontein

Latest SAGIS WHEAT IMPORTS / EXPORTS ('11/'12)

Destined for:

Month

Parity Change Up/DownTotal Tons

Destined for:

RSA WHEAT SUPPLY & DEMAND PROJECTION PARITY GRAPH www.grainsa.co.za

Total TonsExported from:


Wheat Export Parity Randfontein

Month







Daily Precipitation Forecast -

Daily Precipitation Forecast -

25-Aug-12

24-Aug-12

Weather Forecasts : Africa

2 Weekly Precipitation Forecast

Daily Precipitation Forecast - IRI Seasonal Climate Forecasts 26-Aug-12

US Crop Moisture Index

Weather Forecasts : North America

Current US Surface Analysis2 Weekly Precipitation Forecast

North America Accumalated Weekly Precipitation Palmer Drought Index

SAFEX DEC'12 WMAZ - DAILY

TECHNICAL GRAPH OUTLOOK

RSI, QMAWZ2

2012/08/22, 63.017 Value

ZAR

T

.123

Cndl, QMAWZ2

2012/08/22, 2,818.00, 2,834.00, 2,818.00, 2,825.00

2MA, QMAWZ2

2012/08/22, 2,788.69, 2,796.24

Price

ZAR

T

.12

2,200

2,300

2,400

2,500

2,600

2,700

2,800

StochS, QMAWZ2

2012/08/22, 55.551, 42.969

StochS, QMAWZ2

2012/08/22, 44.735, 37.523

Value

ZAR

T

.12312 19 26 02 10 16 23 30 07 14 21 28 04 11 18 25 02 09 16 23 30 06 13 20 27

March 2012 April 2012 May 2012 June 2012 July 2012 August 2012

SAFEX DEC'12 YMAZ - DAILY


RSI, QMAYZ2

2012/08/22, 60.698 Value

ZAR

T

.123

Cndl, QMAYZ2

2012/08/22, 2,794.00, 2,801.00, 2,781.20, 2,784.00

2MA, QMAYZ2

2012/08/22, 2,762.54, 2,766.00

Price

ZAR

T

.12

2,200

2,300

2,400

2,500

2,600

2,700

2,800

StochS, QMAYZ2

2012/08/22, 55.031, 48.692

StochS, QMAYZ2

2012/08/22, 48.391, 43.599

Value

ZAR

T

.123

12 19 26 02 10 16 23 30 07 14 21 28 04 11 18 25 02 09 16 23 30 06 13 20 27



SAFEX DEC'12 WMAZ vs. CORN DEC'12 (Corn Split) - Daily

Spread, QCORZ2

2012/08/22, -60.00

SMA, Spread(QCORZ2, QMAWZ2)

2012/08/22, -97.60

SMA, Spread(QCORZ2, QMAWZ2)

2012/08/22, -137.00

Value

ZAR

T

.12

-520

-480

-440

-400

-360

-320

-280

-240

-200

-160

-120

-80

09 16 23 30 06 13 20 27 05 12 19 26 02 10 16 23 30 07 14 21 28 04 11 18 25 02 09 16 23 30 06 13 20 27 03

Jan 12 Feb 12 Mar 12 Apr 12 May 12 Jun 12 Jul 12 Aug 12

CME DEC'12 CORN - DAILY


RSI, QCZ2

2012/08/23, 69.906 Value

USc

Bsh

.123

Cndl, QCZ2

2012/08/23, 834, 8383/4, 8323/4, 8361/2

2MA, QCZ2

2012/08/23, 8141/8+, 8085/8+

Price

USc

Bsh

1/8

570

600

630

660

690

720

750

780

810

StochS, QCZ2

2012/08/23, 80.423, 71.697

StochS, QCZ2

2012/08/23, 68.008, 49.907

Value

USc

Bsh

.12319 26 02 09 16 23 30 07 14 21 29 04 11 18 25 02 09 16 23 30 06 13 20 27



SAFEX DEC'12 WHEAT - DAILY

RSI, QWEAZ2

2012/08/22, 65.305 Value

ZAR

T

.123

Cndl, QWEAZ2

2012/08/22, 3,530.00, 3,539.00, 3,515.20, 3,529.00

2MA, QWEAZ2

2012/08/22, 3,464.54, 3,488.05

Price

ZAR

T

.12

3,000

3,100

3,200

3,300

3,400

3,500

3,600

StochS, QWEAZ2

2012/08/22, 79.602, 65.996

StochS, QWEAZ2

2012/08/22, 62.927, 36.519

Value

ZAR

T

.123

30

12 19 26 02 10 16 23 30 07 14 21 28 04 11 18 25 02 09 16 23 30 06 13 20 27



CME DEC'12 WHEAT - DAILY

RSI, QZWZ2

2012/08/23, 59.402 Value

USc

Bsh

.123

Cndl, QZWZ2

2012/08/23, 9163/4, 917, 9141/2, 9151/4

2MA, QZWZ2

2012/08/23, 8981/4+, 8997/8+

Price

USc

Bsh

1/8

690

720

750

780

810

840

870

900

930

StochS, QZWZ2

2012/08/23, 68.933, 62.952

StochS, QZWZ2

2012/08/23, 60.113, 39.602

Value

USc

Bsh

.123

19 26 02 09 16 23 30 07 14 21 29 04 11 18 25 02 09 16 23 30 06 13 20 27



SAFEX SEP'12 SUNFLOWER - DAILY

RSI, QSUFU2

2012/08/22, 88.647 Value

ZAR

T

.123

Cndl, QSUFU2

2012/08/22, 5,660.00, 5,714.00, 5,660.00, 5,710.00

2MA, QSUFU2

2012/08/22, 5,420.38, 5,386.67

Price

ZAR

T

.12

4,800

4,900

5,000

5,100

5,200

5,300

5,400

5,500

5,600

5,700

StochS, QSUFU2

2012/08/22, 96.077, 95.850

StochS, QSUFU2

2012/08/22, 97.024, 96.056

Value

ZAR

T

30 07 14 21 28 04 11 18 25 02 09 16 23 30 06 13 20 27

Apr 12 May 2012 June 2012 July 2012 August 2012


SAFEX SEP'12 SOYA - DAILY

RSI, QSOYU2

2012/08/22, 84.907 Value

ZAR

T

.123

Cndl, QSOYU2

2012/08/22, 5,902.00, 5,902.00, 5,810.00, 5,845.00

2MA, QSOYU2

2012/08/22, 5,432.00, 5,444.05

Price

ZAR

T

.12

4,200

4,400

4,600

4,800

5,000

5,200

5,400

5,600

StochS, QSOYU2

2012/08/22, 97.439, 97.361

StochS, QSOYU2

2012/08/22, 95.911, 76.569

Value

ZAR

T

.12312 19 26 02 10 16 23 30 07 14 21 28 04 11 18 25 02 09 16 23 30 06 13 20 27


CME NOV'12 SOY - DAILY


RSI, QSX2

2012/08/23, 74.493 Value

USc

Bsh

.123

Cndl, QSX2

2012/08/23, 17291/4, 17443/4, 17281/4, 1736

2MA, QSX2

2012/08/23, 16461/2+, 16341/8+

Price

USc

Bsh

1/8

1350

1400

1450

1500

1550

1600

1650

1700

StochS, QSX2

2012/08/23, 96.971, 95.951

StochS, QSX2

2012/08/23, 94.004, 78.590

Value

USc

Bsh

.12319 26 02 09 16 23 30 07 14 21 29 04 11 18 25 02 09 16 23 30 06 13 20 27



CME DEC'12 SOYMEAL - DAILY

RSI, QSMZ2

2012/08/23, 70.439 Value

USD

STn

.123

2MA, QSMZ2

2012/08/23, 496.9, 492.6

Cndl, QSMZ2

2012/08/23, 519.7, 526.1, 519.5, 522.8

Price

USD

STn

.1

400

420

440

460

480

500

520

StochS, QSMZ2

2012/08/23, 90.814, 91.750

StochS, QSMZ2

2012/08/23, 90.404, 75.940

Value

USD

STn

.123

19 26 02 09 16 23 30 07 14 21 29 04 11 18 25 02 09 16 23 30 06 13 20 27



USD / EUR - DAILY

ZAR / USD - DAILY

RSI, QZAR=

2012/08/23, 48.927 Value

/USD

.123

2MA, QZAR=

2012/08/23, 8.1932, 8.2044

Cndl, QZAR=

2012/08/23, 8.2335, 8.2421, 8.1500, 8.2198

Price

/USD

.1234

7.6

7.7

7.8

7.9

8

8.1

8.2

8.3

8.4

8.5

8.6

StochS, QZAR=

2012/08/23, 64.653, 69.558

StochS, QZAR=

2012/08/23, 69.389, 62.531

Value

/USD

.123

30

09 16 23 30 06 13 20 27 05 12 19 26 02 09 16 23 30 07 14 21 28 04 11 18 25 02 09 16 23 30 06 13 20 27


RSI, QEUR=

2012/08/23, 75.205 Value

USD

.123

2MA, QEUR=

2012/08/23, 1.2374, 1.2343

Cndl, QEUR=

2012/08/23, 1.2526, 1.2553, 1.2522, 1.2539

Price

USD

.1234

1.2

1.21

1.22

1.23

1.24

1.25

1.26

1.27

1.28

1.29

1.3

StochS, QEUR=

2012/08/23, 95.324, 85.686

StochS, QEUR=

2012/08/23, 83.690, 71.547

Value

USD

.123

19 26 02 09 16 23 30 07 14 21 28 04 11 18 25 02 09 16 23 30 06 13 20 27



F-wise Capital (Pty) Ltd is a member of the Johannesburg Securities Exchange, and a wholly owned subsidiary of Farmwise Grains(Pty)Ltd Some text, images and any other

material contained or displayed are proprietary to F-wise Capital (Pty) Ltd or Farmwise Grains(Pty)Ltd and constitutes valuable intellectual property intended for subscribers to

services offered by F-wise Capital(Pty)Ltd or Farmwise Grains (Pty) Ltd. Any information provided in this report is for interest and educational purposes only, and does not

constitute advice. F-wise Capital (Pty)Ltd or Farmwise Grains (Pty) Ltd will not be responsible for losses incurred as a result of the opinions expressed in this report. Since one

deals in probabilities in market forecasting, the accuracy cannot be guaranteed. There is a risk of monetary loss in trading and/or investing on the financial markets. F-wise

Capital (Pty) or Farmwise Grains (Pty)Ltd does not warrant the integrity of this communication or that it is free of errors, viruses, interception or interference. For more

information about Farmwise Grains(Pty)Ltd or F-wise Capital(Pty)Ltd, visit our website at http://www.farmwise.co.za

BRENT CRUDE BFO - DAILY

RSI, QBFO-

2012/08/23, 74.867 Value

USD

Bbl

.1232MA, QBFO-

2012/08/23, 114.79, 111.86

Cndl, QBFO-

2012/08/23, 115.94, 116.80, 115.80, 116.65

Price

USD

Bbl

.12

92

96

100

104

108

112

116

120

StochS, QBFO-

2012/08/23, 86.457, 84.051

StochS, QBFO-

2012/08/23, 84.503, 87.842

Value

USD

Bbl

.123

23 30 06 13 20 27 05 12 19 26 02 10 16 23 30 08 14 21 28 06 11 18 25 02 09 16 23 30 06 13 20 27 03


Documents

Morning Agri Report - Grain SA Home Aug Farmwise Morning...SAFEX YMAZ Aug'12 2730 8 0.00-R 10 3728 3780 3812 3803 3772 3398 SAFEX YMAZ Sep'12 2740 1 25.50-R 10 3754 3813 3847 3837