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Corn prices in Chicago rise in anticipation of the USDA report
10.06.2021
After a slight drop, corn futures in Chicago rose yesterday ahead of the release of the USDA report, which is expected to significantly reduce the forecast for the harvest for Brazil in 2020/21 mg and, as a result, reduce the initial global stocks in the 2021/22 season. July corn futures rose 1.5% to 2 274.6/ton yesterday, while December futures remained at.239.8/ton on expectations of an increase in corn sowing areas in the United States. Quotes supported an increase...
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Improved weather in Canada, Australia and Russia eliminates the heat factor in the United States
10.06.2021
Improving weather conditions in the wheat-growing regions of Canada and Australia against the background of favorable weather conditions for crops in Ukraine, Russia and the EU countries increases the probability of obtaining a record wheat harvest in the new season. Productive precipitation in the prairies of Canada and in the Northern American Plains reduced concerns about the fate of spring wheat crops in the United States, thanks to which prices on US wheat exchanges fell...
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Purchase prices for grains in Ukraine on June 10, 2021
10.06.2021
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, $ CIF, $ Wheat mill offals 5300 Mustard seeds 12000 Peas 8200 9000 252 Buckwheat 22000 Corn 8508 8182 ↓ 6 7796 270 239 ...
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Against the background of lower world prices, Egyptian GASC purchased a large batch of vegetable oil
09.06.2021
The stabilization of prices for vegetable oils on world markets and a sharp drop in prices for Ukrainian sunflower oil immediately intensified demand from importers. Yesterday, the state-owned Egyptian operator GASC purchased 100 thousand tons of vegetable oils at an international tender for delivery in August, in particular: 60 thousand tons of imported soybean oil at a price of C 1300/ton CFR, which is 4 44/ton higher than at the previous tender, 40 thousand tons of...
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The parliament adopted a draft law on changes in the implementation of dimensional and weight control
09.06.2021
On June 3, the Verkhovna Rada adopted draft law No. 3742 by 280 votes, which amends the current legislation on dimensional and weight control and strengthens responsibility for violations of dimensional and weight standards. The new law provides for automatic recording of violations of dimensional and weight standards using WIM complexes, which will help stop the destruction of roads, bring the road transportation market out of the shadows and increase budget contributions....
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Record sales of government bonds strengthened the hryvnia to UAH 27.10/ /
09.06.2021
At yesterday's auction, the Ministry of Finance of Ukraine placed government bonds for a record UAH 19.1 billion for this year (of which UAH 14.161 billion came from the sale of Hryvnia securities), which increased pressure on the dollar exchange rate on the interbank market against the background of active sales of foreign currency by buyers of government bonds. As a result, the hryvnia strengthened by another 11 kopecks to 27.10/27.12 UAH/., so in order to keep the dollar...
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Purchase prices for grains in Ukraine on June 9, 2021
09.06.2021
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 Mustard seeds 12000 Peas 8200 9000 252 Corn 8508 8188 7796 270 239 235 Flax 18000 Lupine 7000 ...
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The deterioration of spring wheat crops in the United States increases pressure on quotes
08.06.2021
Yesterday, wheat quotes on world stock exchanges grew amid forecasts of heat in the spring wheat growing zone in the United States, as well as increased demand from importers. The crop report, released after the end of trading, showed a sharp deterioration in the condition of spring wheat crops in the United States, which supported prices. According to SovEcon estimates, the area of spring wheat sowing in Russia will reach 13.7 million hectares, which will almost correspond to the...