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An increase in currency offers strengthens the hryvnia exchange rate on the interbank market
26.07.2021
Increased harvesting and good yield indicators will increase foreign exchange earnings from the sale of agricultural products in the current season, which is already observed on the market. Last week, the volume of currency offers on the interbank market grew, and buyers restrained purchases in anticipation of a gradual strengthening of the hryvnia. On Friday, the dollar exchange rate fell from 27.15/27.17 UAH/. to 27.04/27.06 UAH/., and only the National Bank's purchase of 3...
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Rains in the US and Canada slightly reduced pressure on grain markets
23.07.2021
Heavy rains that took place last week in the northwestern United States and in the prairies of Canada were not too intense, although they lowered the air temperature and reduced stress for spring wheat, soybeans and canola crops, to which exchanges reacted with a drop in quotations. But according to forecasts, in the next 7-10 days there will be no precipitation in these regions, and the heat wave will return to the western United States at 35-38 OhC, which will negatively affect soybean and...
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Even increased sales did not stop the collapse of exchange prices for wheat
23.07.2021
Yesterday, wheat prices on world stock exchanges and in Ukraine fell sharply amid improving weather conditions in the main exporting countries. On the US stock exchanges, spring wheat prices, which have been actively growing in recent weeks, turned down yesterday, which was a signal for a decline in other wheat quotes. After a rapid 6-day increase, soft wheat futures in Chicago fell 2.7% yesterday, and durum wheat futures in Kansas – 2.3%, without even reacting to data on...
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USDA European office raises grain production forecasts for EU
23.07.2021
Experts of the European representative office of the USDA, thanks to good precipitation, increased the forecast of grain production by EU countries in 2021/22 to 293.3 million tons, which is 5% higher than in the previous season. Low temperatures slowed down the development of crops in the EU, but did not significantly affect the formation of the crop. Total acreage in the EU declined due to reduced corn acreage in the main producing countries of France, Poland, Bulgaria and...
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Purchase prices for grains in Ukraine on July 23, 2021
23.07.2021
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 4800 4475 Peas 7467 6535 ↑ 75 230 Buckwheat 20500 Rye grade IV 4800 Corn 6792 6441 ↓ 240 ...
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Barley prices in Ukraine accelerated growth amid a sharp rise in the price of wheat and corn
22.07.2021
Global wheat and corn prices are rising amid the heat wave and a possible decline in production in the United States, which supports the barley market, which at the beginning of the season fell sharply in price on forecasts of a good harvest in Ukraine and Russia. Against the background of lower forecasts for the wheat harvest in the United States and Russia, as well as delays in harvesting due to precipitation and restraining sales by producers, wheat prices increased by 1...
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Following the prices of rapeseed, rapeseed prices in Ukraine and Europe fell
22.07.2021
Against the background of rain in the Canadian Prairies yesterday, canola quotes fell by 5.8%, but at the end of trading, after clarifying precipitation data, November futures recovered to 874.4 CAD/t or 6 695/t, showing a daily drop of 4%. Following canola prices, August rapeseed futures on the Euronext exchange fell another €11.5/ton yesterday to €523.75/ton or € 617.8/ton, losing 4.7% of the price over the week. Forecasts for rapeseed production in...
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The decline in spring wheat prices was a signal for a market reversal
22.07.2021
Uncertainty is growing on global markets with wheat price trends amid possible crop problems in the United States, Canada and Russia, as well as a possible reduction in exports by major producing countries. In Chicago, soft wheat is getting more expensive for the 6th consecutive session, closing the gap from spring wheat, which rose rapidly earlier. At the same time, durum spring wheat prices in Minneapolis are falling for the second day in a row amid rain in North and South...