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After a long speculative increase, corn prices fell by 7-8%
18.06.2021
Yesterday, on the world commodity exchanges, quotes for basic agricultural products fell sharply after the previous long speculative growth. The leader of the fall was soybeans and oil, as well as corn, which fell sharply on the Chicago Stock Exchange due to higher harvest forecasts in Argentina, promised rain in the US Corn Belt and low corn export sales from the United States over the past week. July futures fell 6.8% to 2 249.2/ton, and December futures fell 8.1%...
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Approaching harvest and strengthening of the dollar brought wheat prices in Chicago to a 2-month low
18.06.2021
To the factors of favorable weather and the approach of harvesting, which still weighed on wheat prices, yesterday added a sharp strengthening of the dollar and the collapse of neighboring soybean and corn markets due to heavy precipitation in the main producing states. Export sales of new crop wheat from the United States for the week decreased by 11.9% to 287 thousand tons, which corresponds to expert expectations. But the total volume of export sales of wheat of the new crop in...
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Purchase prices for grains in Ukraine on June 18, 2021
18.06.2021
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, $ Wheat mill offals 6450 5300 Peas 8200 252 Sugar beet pulp gran 9500 Corn 8230 ↓ 12 7953 ↑ 48 6873 263 ↓ 1 254 248 Flax 18000 ...
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The end of sowing and favorable weather in Canada reduces the price of rapeseed and canola
17.06.2021
The late and dry spring in Canada in May led to a sharp speculative increase in prices for rapeseed and rapeseed, but active sowing and favorable rains reduced speculative pressure, so prices are falling sharply. Canola sowing was completed 3-6% ahead of last year's and average annual rates. Last week, heavy rains took place in the country, which had a positive effect on crops. However, in some areas, excessive precipitation caused flooding. Next week, cool weather with light...
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Purchase prices for soybeans and sunflower seeds in Ukraine are falling after the world prices
17.06.2021
The collapse of quotations for vegetable oils on world stock exchanges increases pressure on the purchase prices of soybeans and sunflower in Ukraine, especially given the favorable weather conditions. On the Chicago SWOT, July soybean oil futures fell 5.7% to.1,365/ton, and December – 6.7% to. 1,270/ton, losing speculative growth in June due to hot weather in soybean growing regions in the United States. The uncertainty of the country's authorities regarding changes in...
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Ukraine and Russia may harvest almost 200 million tons of grain together in 2021
17.06.2021
The Black Sea region has a significant share in both global grain production and global grain exports. According to the June forecast of the USDA, Ukraine and Russia in 2021/22 MG will harvest a total of 15% of the world wheat crop, 18% of the world barley crop and 4% of corn, and will enter the top 10 World exporters of major grain crops. Both in Ukraine and in Russia, where grain sowing areas are relatively stable, the volume of harvest mainly depends on the yield. In 2020, grain...
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Purchase prices for grains in Ukraine on June 17, 2021
17.06.2021
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, $ Wheat mill offals 5300 Peas 8200 252 Sugar beet pulp gran 9500 Corn 8275 ↑ 5 7905 ↓ 4 6946 264 ↓ 1 254 ↑ 1 248 Flax 18000 ...
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Cancellation of tender in Egypt accelerates fall in wheat prices
16.06.2021
Favorable weather in the EU, Ukraine and Russia against the background of data on an increase in sowing areas increases pressure on grain markets, and the cancellation of the tender by Egypt will accelerate the fall in prices for Black Sea wheat. Egypt's GASC yesterday canceled a tender for the purchase of food wheat for delivery in August, as due to a sharp increase in the cost of freight, the lowest offer price was $2.26/ton higher than the purchase price of previous auctions...