TOP 10 REASONS WHY PALM OIL WILL GO INTO A MULTI YEAR BULL RUN SOON, Calvin Tan Research
Bull Run Time Coming soon for Palm Oil due to these factors:
1) CHINA CROPS HIT BY SUPER TYPHOONS CAUSED HUGE BUYING OF SOYBEAN & CORN FROM USA & BRAZIL - PUSHING UP SOYBEAN & CORN PRICES & BY PROXY CPO PRICES ALSO PUSHED PAST RM3,000 TO RM4,000 A TON (ALL TIME HIGH)
Everything is gone.’ Flooding in China ruins farmers and risks rising food prices
By this time of year, the rice-growing on Bao Wentao’s family farm should have been ready to harvest.
Instead, heavy flooding has engulfed huge swathes of southern China, including more than 36 acres of rice fields that 19-year-old Bao and his father tend to in their village near Poyang Lake.
“The crops have completely failed,” Bao told CNN Business in an interview over the social media app WeChat, adding that his family has already lost roughly 200,000 yuan ($28,000) worth of produce. “The rice was nearly ripened and ready to harvest before the flooding. But now everything is gone.”
2) INDIA 7 MONTHS FARMERS' PROTEST
INDIA BEING A LABOUR INTENSIVE AGRICULTURE NATION NOW PUTTING DOWN FARMING TOOLS IN PROTEST
MILLIONS OF FARMERS ARE NOT TENDING TO THEIR FARMS
BOUND TO HAVE FOOD SHORTAGE IN COMING MONTHS
What will it take to end Indian farmers' protests? | Inside Story - YouTube
3) BRAZIL 2021 CROP HIT BY EXCESSIVE RAIN & ARGENTINA HIT BY DRY WEATHER
LA NINA EFFECT
4) JOE BIDEN PIVOT TO GREEN ENERGY AMONG THEM IS THE INCREASE OF BIOFUEL USE FROM SOYBEAN & CORN
U.S. fuel makers see economic opportunity in getting greener as consumption remains depressed during the coronavirus pandemic and the prospect of more government regulations increases.
Phillips 66 said it is planning to transform a San Francisco-area oil refinery into a plant that produces fuels from products such as vegetable oil and animal fat, which generate less soot and fewer greenhouse gases.
5) AFFLUENT CHINA TURNING TO MEAT PROTEIN LIKE SWINE & FISH NEEDS LOTS OF SOYMEAL & CORN AS FEED STOCK
This will increase demand for SOY MEAL & ALSO PALM KERNAL CAKE Which have both spiralled up in prices
6) GOOD YEAR USING SOY OIL TO MAKE TYRES
AKRON, Ohio, – The Goodyear Tire & Rubber Company is harvesting some unique “seeds” of innovation as it introduces a new tire technology with support from the United Soybean Board (USB).
The first commercial use of a new soybean oil-based rubber compound is helping Goodyear enhance tire performance in dry, wet and winter conditions. A Goodyear team of scientists and engineers created a tread compound, or formulation, using soybean oil, which is naturally derived, cost-effective, carbon-neutral and renewable.
“Goodyear’s legacy of innovation drives us to continue to apply new technology solutions, developing superior performing tires that meet consumer demands,” said Eric Mizner, Goodyear’s director of global material science.
By employing soybean oil in tires, Goodyear found a new way to help keep the rubber compound pliable in changing temperatures, a key performance achievement in maintaining and enhancing the vehicle’s grip on the road surface.
Goodyear’s tests have shown rubber made with soybean oil mixes more easily in the silica-reinforced compounds used in manufacturing certain tires. This also improves manufacturing efficiency and reduces energy consumption.
7) US TRILLION MONEY PRINTING LEADS TO INFLATION OF BOTH HARD & SOFT COMMODITIES
SOYOIL & PALM OIL WILL RISE TO MAKE UP FOR MORE FIAT PRINTED MONEY FLOODING THE WORLD SYSTEM. IN TIMES OF INFLATION CASH IS TRASH & REAL ASSETS WILL GO UP
Saudi plans economic overhaul with $3.2 trillion investment
RIYADH - Saudi Arabia announced plans Tuesday to pump investments worth $3.2 trillion into the national economy by 2030, roping in the kingdom's biggest companies in a major new push to diversify the oil-reliant economy.
ANOTHER INFLATIONARY MOVE FROM SAUDI ARABIA
8) WORLD MIGHT SEE MORE DROUGHT, FLOOD & PEST THIS YEAR DUE TO CLIMATE CHANGE
In Australia Rats infest crops
9) USA just reported Limit Up For Corn & Soybean to due planting shortfall for 2021
Corn, soybean futures end limit up after USDA forecasts smaller-than-expected 2021 plantings
Published: March 31, 2021
Soybean and corn futures rallied Wednesday after the U.S. Department of Agriculture revealed estimates for domestic 2021 plantings for the two commodities that were lower than market forecasts. The USDA estimated corn plantings at 91.1 million acres, up less than 1% from last year. The USDA also estimated soybean plantings at 87.6 million acres this year, which would be up 5% from last year. Trade expectations called for higher corn plantings of 93.2 million and soybean plantings of 89.9 million acres, according to a report from Successful Farming, which also said both corn and soybean futures hit their daily price move limits
Already seeing less production from both Brazil & Argentina if USA failed to produce more there will be impending shortfall ahead
10) THIS NUMBER 10 REASON IS POTENT: THE BIBLE PREDICTS COMING FAMINE AFTER EARTHQUAKE, PANDEMIC (CORONAVIRUS) WILL COME FAMINE
King James Bible (Matthew 24:7)
For nation shall rise against nation, and kingdom against kingdom: and there shall be famines, and pestilences, and earthquakes, in divers places.
1) EARTHQUAKE (2004 INDONESIA TSUNAMI; 2011 JAPAN TSUNAMI)
2) PESTILENCE (CORONAVIRUS FROM DEC 2019 till ??)
3) FAMINE (COMING SOON)
THE BIBLE IS NEWER THAN TOMORROW'S NEWSPAPER
SO BE PREPARED
Calvin Tan Research
No particular stock is recommended
PLEASE DO YOUR OWN RESEARCH