-
Purchase prices for grains in Ukraine on July 6, 2022
06.07.2022
The weighted average purchase price of grains and oilseeds in Ukraine on CPT terminals, EXW elevators, CPT processors, FCA, CPT dollar, FOB, DAF, CIF Purchase prices in Ukraine CPT terminal, UAH EXW elevators, UAH CPT processor, UAH FCA, UAH CPT terminal, $ DAF, $ CIF, $ Wheat mill offals 1600 174 Mustard seeds 1350 Corn 3806 180 208 ↓ 2 282 ↓ 3 Wheat flour, extra class 335 Oats 5000 ...
-
Wheat quotations fell by another 4-6%, and wheat in the USA fell to pre-war levels
06.07.2022
On world markets, pessimistic sentiments are intensifying due to expectations of economic recession and a drop in demand, so all product groups are rapidly falling in price. Following the drop in oil prices by 8-10%, wheat quotations dropped by another 4-6% yesterday. Statistics Canada's StatsCan forecasts that wheat acreage will increase by 8.7% from last year to 25.395 million acres, thanks to a 10.5% increase in spring wheat acreage. According to NASS USDA data,...
-
Oil and other commodity prices are falling on expectations of a recession and a new lockdown in China
06.07.2022
Traders are actively selling commodity assets in anticipation of a recession and a drop in global demand. As a result, after a long weekend, the prices of oil, grain and oilseeds fell sharply on the US stock exchanges yesterday. September futures for Brent oil fell 10% to $102.9/barrel yesterday, and WTI oil fell 8.7% to $99.6/barrel, losing 13.7% and 16.4% for the month % respectively. The main reasons for the collapse of quotations were: Rapid strengthening of...
-
Purchase prices for barley and wheat in the river ports of Ukraine continue to fall
05.07.2022
After blocking the Black Sea ports, Ukraine continues to export grain and oil crops through the Danube ports of Reni and Izmail, as well as by rail and road through its western borders. The increase in the price of grain delivery from Ukraine to the ports of Romania and Bulgaria, which already exceeds half the cost of grain, increases the losses of agricultural producers in the current season. If some of the producers have reserves of funds and can store products for a long time,...
-
Rapeseed and canola prices have fallen to almost "pre-war" levels
05.07.2022
A new collapse in palm oil prices has increased the pressure on oilseed markets, which were not kept from falling even by forecasts of a reduction in rapeseed and soybean production. The prices of rapeseed and canola fell to the level that preceded the start of the active phase of Russia's war against Ukraine. August palm oil futures on Malaysia's Bursa fell 8.2% to 4,350 ringgit/t or $986/t yesterday, having lost 12.6% in two sessions and almost 30% in the month on news of...
-
Purchase prices for grains in Ukraine on July 5, 2022
05.07.2022
The weighted average purchase price of grains and oilseeds in Ukraine on CPT terminals, EXW elevators, CPT processors, FCA, CPT dollar, FOB, DAF, CIF Purchase prices in Ukraine EXW elevators, UAH CPT processor, UAH FCA, UAH CPT terminal, $ DAF, $ CIF, $ Wheat mill offals 1750 Mustard seeds 1350 Corn 3883 180 205 ↓ 111 293 ↓ 3 Wheat flour, extra class 335 Rape-seed oil 43000 Sunflower- oil 45000 ...
-
G7 leaders plan to cap Russian oil prices to increase pressure on Russia over war in Ukraine
04.07.2022
At the G7 summit held at the end of June, the leaders of the "Big Seven" countries discussed options for increasing pressure on Russia and limiting its financial capabilities, as well as stabilizing energy prices. Japanese Prime Minister Fumio Kishida said that "the world is in a situation where the foundations of order are collapsing, so it is necessary to demonstrate that any violence will have a heavy price." The mechanism proposed by the G7 leaders will...
-
Palm and soybean oil prices fell 4.4% and 6% for the week amid speculative selling
04.07.2022
Global vegetable oil markets remain under pressure from forecasts of lower oil prices, increased supply of palm oil from Indonesia and falling demand for it. On the stock exchanges of the USA and Malaysia, traders on Friday actively sold contracts in anticipation of a decrease in world prices due to the recession of the world economy. Oil prices rose slightly last week, but vegetable oil markets were largely unaffected by uncertainty over future trends. August palm oil...