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Precipitation in the United States, Canada and Russia will slightly improve the condition of late crops
20.08.2021
In arid regions of Canada, in the western United States and in the Volga region, it rained, which lowered the air temperature, which will contribute to the development of late crops: soybeans, corn, sunflower and canola. However, they delayed harvesting in regions where crops ripen ahead of schedule. In the northern and Southern Plains and in the west of the US corn belt, heavy rains will continue over the weekend, temperatures will drop to normal, which will contribute to the...
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Egyptian GASC purchased only 10 thousand tons of sunflower oil at the tender, but cheaper than in July
20.08.2021
Yesterday, the Egyptian GASC held two tenders – for the purchase of 30 thousand tons of local soybean oil and 10 thousand tons of imported sunflower oil with delivery on October 5-25 and payment within 180 days. For the supply of soybean oil, offers were received from the domestic market in batches of 3-20 thousand tons at a price of 1 1369-1380/ton. Two proposals were received from Black Sea producers for the supply of sunflower oil: batch of 10 thousand...
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Low export sales lower prices for wheat, soybeans and corn
20.08.2021
Yesterday, quotes for wheat, soybeans and corn on the US stock exchanges actively declined against the background of low weekly export sales and the lack of support factors. Data from the pro Farmer crop tour of soybean and corn fields in the United States indicate higher yields in major producing states and lower yields in western regions, which increases pressure on prices. Export sales from the United States of old – crop corn for the week amounted to 216.5...
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Purchase prices for grains in Ukraine on August 20, 2021
20.08.2021
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, $ FOB, $ DAF, $ CIF, $ Vetch 10000 Wheat mill offals 4100 Mustard seeds 9033 Peas 8000 7642 10000 8233 230 Buckwheat 19375 Rye ...
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Falling oil prices increase pressure on oilseed markets
19.08.2021
Over the past six sessions, oil prices have fallen 5% to their lowest level since May 24, 2021, amid an increase in the spread of coronavirus and a possible decline in fuel demand. This increases pressure on rapeseed and palm oil prices, which immediately react to changes in oil prices. Yesterday, October Brent crude futures fell на 1.62/barrel to 6 67.33/barrel, and WTI crude futures fell 2 2.2/barrel to.64.2/barrel, losing 6% and 7.5% over the week,...
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The results of tenders in Algeria and Egypt resumed the growth of wheat prices
19.08.2021
This week, the main importers of European and Black Sea wheat purchased wheat at tenders, which sharply increased in prices. This supported wheat prices on stock exchanges and physical markets, which have declined slightly in the past two days. The state agency of Algeria (OAIS) at the tender on August 17 purchased 250 thousand tons of wheat for delivery on September 16-30 at a price of 3 348-351/ton C&F, which is 2 28-30/ton higher than at the previous auction on August 4. It...
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The purchase price of wheat at the tender in Egypt has increased by 3 38/ton since August 2
19.08.2021
Yesterday, the Egyptian state operator GASC held a tender for the purchase of wheat for delivery on October 5-15, the purchase price of which increased by 3 38/ton compared to the previous auction on August 2 due to the rapid rise in the price of Black Sea wheat. At the tender on August 2, against the background of a sharp decrease in the number of offers, GASC purchased only 60 thousand tons of Romanian flour wheat for delivery on September 24 – October 4 at a price of F...
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Purchase prices for grains in Ukraine on August 19, 2021
19.08.2021
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, $ FOB, $ DAF, $ CIF, $ Vetch 10000 Wheat mill offals 3900 Mustard seeds 9033 Peas 8000 7642 10000 8233 230 Buckwheat 19375 Rye ...