-
The increase in the crop forecast in Australia and good condition of crops in the United States and Russia collapses the price of wheat
01.12.2020
Yesterday the price of wheat on world markets have fallen on news about increase in the wheat crop forecast in Australia and the intentions of the Ministry of agriculture to increase the quotas on grain exports. the Experts at the Australian Bureau of economy and science of agriculture and natural resources, ABARES raised its forecast of wheat production in 2020/21 MG compared to September estimates by 7.8% to 31,17 million tons, slightly inferior record 35 million tonnes of the...
-
Purchase prices for grains in Ukraine on December 1, 2020
01.12.2020
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 5300 165 Mustard seeds 15000 13500 Peas 8800 7588 9000 240 252 Buckwheat 20000 ...
-
Wheat prices rose as a result of increased procurement from China
30.11.2020
Main exporting countries during the week reduced export shipments, but the growth of export sales in the USA supported the stock price of the wheat. Export sales of US wheat over the week grew by 4% to a record this season 795,7 thousand tons with expectations in the range of 200-400 thousand tons after last week they fell to the lowest level of the season. For the second consecutive week the largest buyer of U.S. wheat was China, which gained 333 thousand MT of wheat, including...
-
Despite the increase in the forecast crop of canola in Australia canola prices do not fall
30.11.2020
Experts Oil World increased compared to the previous forecast estimate of canola crop in Australia by 0.3 million tonnes to 3.8 million tonnes, 1.5 million tonnes higher than the figure recorded the previous season and will be the highest level of the last 4 seasons, although the forecasts of other analysts do not exceed 3.3 million tons. the Increase in yield due to sufficient rainfall, which increased acreage of canola by almost a third to 2.38 million hectares and contributed to...
-
The dollar on the interbank market increased to 28.5 UAH/$
30.11.2020
Last week the exchange rate on the interbank market grew amid a budget crisis in Ukraine, as the authorities for failing to attract credit funds were forced to stop funding unsecured expenses for the month to the end of the year. From the Monday 28,35/28,37 UAH/$ on Friday, the dollar rose to 28 and 51/28,54 UAH/$. This increase primarily related to increased purchases of foreign currency by nonresidents against the backdrop of the economic crisis in Ukraine and the...
-
Purchase prices for grains in Ukraine on November 30, 2020
30.11.2020
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 5300 165 Mustard seeds 15000 16000 ↑ 2500 Peas 8800 7588 9000 240 252 Buckwheat 20000 ...
-
Despite the reduced estimate of corn production in 2020/21 MG will be a record high
27.11.2020
In the November report, the experts of the IGC reduced compared to the October forecast of world production of corn in 2020/21 MG for 10 million tonnes to 1,146 billion tons, primarily due to the decrease of harvest in Ukraine, the US and the EU. Despite the reduction in forecast global maize production is 2% higher than last year's record and reach a record level. compared to the previous forecast, the estimated consumption of maize was reduced by 4 million tons to 1,169...
-
Egyptian GASC could not reduce the price of wheat purchase tender
27.11.2020
At yesterday's tender, the Egyptian GASC bought 175 TMT of Russian milling wheat with protein 12,5% delivery 20-31 January at an average price of 261.5 $/t FOB or 275,5 $/t CFR, which corresponds to the purchase price of the previous trading session on 5 November, when it was acquired 300 thousand tons of Russian wheat at a price of 261,3 $/t FOB and freight rate of $14/t = 275,3 $/t C&F. a Sharp drop in wheat prices on the US stock exchanges has not led to lower prices of...