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Quotes for soybeans and oil rose on forecasts of hot weather in the United States
02.06.2021
Yesterday, there was a speculative increase in prices for the soybean complex on the stock exchanges, due to forecasts of dry and hot weather in the United States in the coming week, although data from the USDA report indicate better sowing rates and the state of soybean crops than last year. Yesterday, at the Chicago SWOT, July soybean futures rose 1.1% to 5 568.8/ton, November – by 1.7% to.513/ton, July soybean oil futures – by 2.2% to. 1,487/ton, December – to....
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Forecasts of drought and heat in the United States led to a speculative increase in wheat prices
02.06.2021
Yesterday's morning speculative increase in prices for corn by 7.7% and wheat by 6% on US stock exchanges, caused by frosts and heat forecasts in June, stopped the publication of USDA reports at the end of trading. Wheat markets in the United States grew rapidly yesterday on forecasts of a strong heat wave that will prevail until mid-June in the main agricultural regions of the country. Spring wheat in the Northern American Plains is particularly at risk. During...
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Purchase prices for grains in Ukraine on June 2, 2021
02.06.2021
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 6200 5300 Mustard seeds 12000 Peas 8500 9000 258 Corn 8440 ↓ 2 8107 7803 267 259 235 Flax 18000 ...
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Rapeseed prices remain high despite active sowing in Canada and increased production in the EU
01.06.2021
Despite the strong volatility of oilseed markets, high rates of canola sowing in Canada and favorable weather for rapeseed crops in the EU and Ukraine, rapeseed and canola prices remained stable last week. Strategie Grains experts in a new report increased the forecast of rapeseed production in the EU in 2021/22 MG from 16.78 to 16.82 million tons, which is 2.2% higher than the 16.45 million tons collected last year. August rapeseed futures on Paris ' Euronext fell...
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Wheat quotes received new support factors
01.06.2021
Yesterday in the United States was a day off, and the exchanges did not work, but in electronic trading, wheat prices showed rapid growth on forecasts of hot weather in the Plains regions in the next 5-7 days. European wheat rose in price by 1.2% at the end of the tender in Saudi Arabia, where the purchase price increased sharply compared to previous auctions. The state agency of Saudi Arabia (SAGO) at the tender, where it was planned to purchase 720 thousand tons of flour wheat...
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Suspension of purchases by processors brought down sunflower prices in Ukraine
01.06.2021
Surprises continue on the Sunflower market in Ukraine. At the end of the season, it suddenly turned out that no one needed expensive sunflower, and almost all processors stopped buying it, because they could not sell stocks of sunflower oil at a high price. As a result, in May, purchase prices for sunflower with delivery to the plant fell by 20-25% to 20000-20500 UAH/ton. if the demand for sunflower oil does not recover, prices may decrease to 18000-19000 UAH/ton. At the end of the...
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Purchase prices for grains in Ukraine on June 1, 2021
01.06.2021
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 6200 5300 Mustard seeds 12000 Peas 8500 9000 258 Corn 8425 ↑ 17 8099 7802 266 259 235 Flax 18000 ...
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Lack of demand continues to cool vegetable oil markets
31.05.2021
Overheated vegetable oil prices continue to fall under pressure from declining demand for expensive oils, as buyers prefer cheaper types of oils or contract new crop oil at a lower price, forcing sellers to lower spot supply prices. So, July soybean oil futures, which since the beginning of may have grown on the Chicago SWOT from3 1,380 to.1,500/ton and became the main driver of market growth, have now fallen to. 1,450/ton, and December futures have fallen to. 1,295/ton against the...