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Uncertainty over canola harvest in Canada holds back seasonal drop in rapeseed prices
10.08.2021
The market expected a gradual decline in rapeseed prices as its harvesting increased in Europe and Ukraine, but uncertainty with the canola harvest in Canada keeps quotes from falling. Following the collapse of oil prices yesterday, November rapeseed futures on the Euronext exchange fell by 6 €/ton, but at the end of the day they fell only by 2.25 €/ton to 540.25 €/ton or 633.88 €/ton. Europe is accelerating rapeseed harvesting, and harvest...
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The rise in the incidence of Covid - 19 has brought down oil prices and increased pressure on vegetable oils
10.08.2021
Thailand, Malaysia, Japan, Vietnam, Turkey and Iran are experiencing a rapid increase in new cases of Covid-19, and in some countries it was a record since the beginning of the pandemic. In the United States, where half of the population is vaccinated, the number of new diseases exceeded 100 thousand cases per day. Most of them are in the southern states, where the vaccination rate is lower. The Delta strain has already reached Florida, where the peak incidence of the winter wave...
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Increased demand supports prices for Black Sea wheat
10.08.2021
A sharp rise in the price of wheat on the US and European stock exchanges has increased demand for Black Sea wheat, which remains the cheapest on the world market. Wheat exports from Russia for the week increased by 57% to 1.1 million tons, and in general in the season reached 2.8 million tons, which is still 25% lower than last year's pace. According to SovEcon and Icarus agencies, the supply prices of Russian wheat for the week increased by 1 10-12/ton to F...
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Purchase prices for grains in Ukraine on August 10, 2021
10.08.2021
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, $ Wheat mill offals 5100 3900 Mustard seeds 9033 Peas 7550 ↓ 117 7408 ↑ 16 230 Buckwheat 19500 Rye grade II ...
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Prices for Ukrainian soybeans of the new crop are 1.5 times higher than last year's
09.08.2021
A sharp increase in prices for oilseeds over the past year continues to support the quotes of soybeans, rapeseed and sunflower at a high level, and even an increase in crop forecasts for Ukraine has not yet led to a decrease in prices. According to APK-Inform, forward prices for soybeans of the 2021 harvest in Ukraine are significantly higher than last year, even despite the expected increase in production, as they remain under the influence of global price...
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In Ukraine, wheat is harvested on 72% of the area, and forecasts of a record harvest are confirmed
09.08.2021
Last week, it rained in Ukraine, which somewhat delayed harvesting in the West and in the center. However, this week the dry and warm weather will allow you to complete the harvesting of early cereals. As of August 5, domestic farmers from 7.4 million hectares or 46% of the area threshed 32.2 million tons of early grain and leguminous crops with a yield of 4.35 t/ha (last year, on this date, 56% of the area was threshed, and the yield was 3.89 t/ha), in particular: wheat from...
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An increase in foreign exchange earnings from agricultural exports and МВФ 2.7 billion in aid from the IMF increase pressure on the dollar exchange rate
09.08.2021
Last week, the dollar exchange rate on the interbank market began to grow, and from 26.85/26.87 UAH/ понеділка Monday to Wednesday rose to 26.95/26.97 UAH/.. It seemed that the market was balanced, but on Friday the supply of foreign currency increased again and significantly exceeded demand, as a result of which the dollar exchange rate fell to 26.80/26.82 UAH/.. To save the dollar from a sharp fall, the National Bank was forced to enter the market twice, and bought 7 70...
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Purchase prices for grains in Ukraine on August 9, 2021
09.08.2021
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 10200 Wheat mill offals 5100 3900 Mustard seeds 9033 Peas 7667 7125 7425 230 Corn 6792 11700 6390 ↑ 101 ...