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Prices for vegetable oils continued to grow rapidly
28.08.2020
Yesterday, prices for vegetable oils continued to grow. Leader of steel futures for soybean oil on the stock exchange in the United States, which rose after prices for soybeans rise on the heat and drought in the country. Sharp rise in prices of soybean oil supported the price of palm oil increased by 1%, and for sunflower oil, which are rising due to low yields in Ukraine. the Data on the US economy did not confirm the expected growth, so oil prices continue to fall,...
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Prices for wheat are actively growing around the world
28.08.2020
Yesterday, on world markets and physical markets and the price of wheat rapidly grew after a sharp rise in price of soy complex in the US and the active export sales. Export sales of US wheat over the week grew by $ 465 to 764,1 thousand tons, which exceeded expert expectations. The major buyers were Mexico (134,3 thousand tons) and China (123 kt). the Actual exports for the week rose by 59% to 646,4 thousand tons, and just season amounted to 6 million tonnes, which is...
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Purchase prices for grains in Ukraine on August 28, 2020
28.08.2020
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 9313 Wheat mill offals 200 3400 Mustard seeds 13000 11040 Peas 6400 5975 6045 ↑ 45 195 Buckwheat 19500 ...
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The results of the procurement tenders supported wheat prices
27.08.2020
the Intensification of procurement of wheat the major importers are Egypt, Turkey and Jordan this week has supported prices on the exchanges and physical markets. Turkish TMO purchased in the tender 390 thousand MT of wheat with a protein of 12.5% at a price of 209 $/t CFR and protein 13.5% price 226 $/t CFR with the delivery of 4-20 September and 110 tonnes of hard wheat durum price 326,33 $/MT CFR delivery September 5 – October 10. the Ministry of industry and...
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Prices for soybean oil surged to a 7-month high due to heat in the United States
27.08.2020
This week on the Chicago stock exchange CBOT continues the speculative growth of prices for soybeans and oil, caused by forecasts of hot weather without precipitation in the United States and strong demand from China. While the market ignores fundamental factors: the increase in global soybean production and a reduction in global demand as a result of the pandemic Covid-19. in the Coming days in the Midwest USA will be 28-32 degrees with very little rain, especially in the States...
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The lower crop forecasts and the heat in the USA has led to a sharp increase in maize prices
27.08.2020
After the "bearish" USDA report increased the forecast of the corn crop in the world, and especially in the US, the August heat made adjustments in the evaluation of production, which led to a sharp speculative rise in the price of corn. According to the weekly monitoring by the USDA, due to the heat that prevails in the United States, the amount of corn in good or excellent condition for the week decreased by 5% to 64%, whereas a year ago the figure was...
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Purchase prices for grains in Ukraine on August 27, 2020
27.08.2020
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 9313 Wheat mill offals 200 3400 Mustard seeds 13000 11040 Peas 6400 5975 ↓ 42 6000 195 Buckwheat 19500 ↑ 500 ...
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Experts Oil World raised its forecast of world soybean production in 2020/21 MG
26.08.2020
Experts Oil World report in August increased compared to July estimates, the forecast of world soybean production in 2020/21 MG with 365,5 to 369.9 million tonnes, which significantly exceeds to 341.1 million tonnes 2019/20 season. the Outlook Revision reflects expectations of high soybean crop in South America, where in October, during the active development of the soybean crop was dominated by favorable weather, which allowed to increase appreciation of the soybean production for...