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Limitations of corn exports from Ukraine to 24 million tonnes will not impact on domestic and world prices
26.01.2021
Yesterday, representatives of the Ministry of economic development together with grain market participants agreed to limit exports of corn in 2020/21 MG at 24 million tonnes, which will soon be reflected in the Memorandum of understanding. If necessary, the volume of export may be revised after the publication of official statistical data on the grain harvest in 2020 the economy Ministry reported that in 2020/21 MG Ukraine will collect a near-record 30.3 million tons of corn, so...
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Wheat prices in the physical markets continue to fall, while the exchanges – was somewhat strengthened
26.01.2021
After Friday's collapse on Monday was an adjustment of the exchange prices of wheat, however, on the physical markets they are down as buyers reduced the volume of purchases, and the increase in Russia from March 1 the duty on wheat exports increases it deals with supply in the near future. According to the signed Prime Minister of the Russian Federation the decree, the export duty on wheat from 15 to 28 February will be 25 €/t, and from 1 March to 30 June 2021, it will...
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New tender in Saudi Arabia has supported the world price of barley
26.01.2021
Saudi Arabia, which is the main importer of barley, continues active procurement and significantly affect the world price for barley. Despite a small decline in consumption in the current season, the volume of tender procurement remains a significant and major influence on the market. According to estimates by USDA in 2020/21 MG Saudi Arabia imports 7.6 million tons of barley. Friday grain Agency Saudi Arabia SAGO purchased the tender of 600 thousand tons of feed...
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Purchase prices for grains in Ukraine on January 26, 2021
26.01.2021
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 12000 Wheat mill offals 5150 185 Mustard seeds 23000 Peas 9750 9150 ↑ 30 8333 295 280 Green peas 8500 ...
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Improvement of crops in Argentina lowers prices for soybeans and vegetable oil
25.01.2021
Precipitation, held in Argentina last week and will continue for another 7-10 days, lower world prices for soybeans and soybean complex, as well as neighboring markets of vegetable oils. Strikes and drought last month has led to a sharp increase in prices for soybeans and oil, so the disappearance of the factors allowed the quotes back to initial levels. According to the exchange BAGE, Argentina's soybean planted 98.6% of the planned areas, and in the flowering...
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The collapse of wheat prices by 4-6% expands market
25.01.2021
Arranged by traders Friday sale wheat contracts led to the collapse of wheat prices by 4-6% following the collapse of the markets in corn and soybean due to better weather in Argentina. In addition, in South China's Guangdong province recorded a new outbreak of ASF, which is in 2018, the country has killed millions of pigs. Grain Agency TMO Turkey amid falling prices refused to buy the tender a large consignment of wheat at a high price and purchased only 95 thousand tons of...
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On Friday, corn prices have fallen almost 5%
25.01.2021
the corn Futures on the stock exchange in Chicago on Friday tumbled nearly 5% as traders took profits after the rapid growth of prices in the last month. Following them has significantly decreased the price of corn in Ukraine. It is expected that traders in the port to offer for corn not more 240-245 $/t or 8200-8250 UAH/t the March futures on corn dropped below the psychological level of $5/bushel to 4.95 $/bushel or 194,5 $/t on data about the completion of sowing of...
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Purchase prices for grains in Ukraine on January 25, 2021
25.01.2021
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 12000 Wheat mill offals 5150 185 Mustard seeds 23000 ↑ 9500 Peas 9750 9120 8333 295 280 Green peas 8500 ...