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Tender in Saudi Arabia smashed hopes of a rise in the price of barley
16.06.2020
State operator Saudi Arabia SAGO at the next tender acquired a 1.08 million t (with a planned 960 thousand tons) of feed barley for delivery in August-September at an average price of 198,81 $/t CIF, which is almost unchanged in comparison with the price on April 10, when it was acquired 600 thousand tons of barley in July-August at an average price of 198,63 $/t CIF. a Major supplier of barley became Glencore with a share of total purchased volume of 960 thousand tons will be...
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Purchase prices for grains in Ukraine on June 16, 2020
16.06.2020
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 9000 Wheat mill offals 3600 Mustard seeds 12000 11000 10980 Peas 6867 ↓ 383 6675 6438 Buckwheat 16600 18000 ...
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Experts, the USDA increased the forecast of world production and consumption of corn in 2020/21 MG
15.06.2020
In the June USDA report, the experts almost did not change the balance of corn for the United States, whereas forecasts of world production and consumption of grain has increased, and estimates of initial and final stocks reduced. So, compared with the may estimate of forecast of the world corn crop in 2020/21 MG increased from 1,187 to 1,188 billion UAH, whereas in 2019/20 MG it amounted to 1,113 billion tons In particular for Brazil's production estimate was increased from...
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The forecast increase in soybean production will increase pressure on oilseed prices in the new season
15.06.2020
In the June balance experts, the USDA reduced compared to the may report from the global initial stocks of soybeans of 0.9 million tonnes up to 99.19 million tonnes, left unchanged production forecast and increased the forecast of consumption by 1 million tonnes to 361,74 million tonnes, which will lead to a reduction in global ending stocks by 2 million tonnes to 96,34 million tons. But despite a bullish USDA report soybean futures in Chicago remained at 322...
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Wheat prices grow due to declining production forecasts in the EU
15.06.2020
In the June report, the experts Stratégie Grains reduced compared with the may estimate of forecast of grain production in the EU (including the UK) in 2020/21 MG of 1 million tonnes to 300,1 million tons. Despite the promise of a good harvest of grain in Spain and the Baltic countries, the adverse winter weather and spring drought in the North-West of the EU caused significant damage to the winter crops, especially in France. Therefore, evaluation of wheat production in the...
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Purchase prices for grains in Ukraine on June 15, 2020
15.06.2020
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 9000 Wheat mill offals 3600 Mustard seeds 12000 11000 10980 Peas 6867 ↓ 383 6675 6438 Buckwheat 16600 18000 ...
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Production of sunflower oil due to high consumption annually grows by 7%
12.06.2020
the income Growth increases the global consumption of high-quality vegetable oil, primarily sunflower. According to FAS USDA, the production of sunflower oil is growing faster than other oils, at an average annual rate of 7% due to capacity expansion in Ukraine and Russia. This trend accelerated in 2019/20 MG, when the production of palm and rapeseed oil declined due to adverse weather conditions and caused by Covid-19 reduce consumption of biofuels. In season 2019/20 the share of...
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Experts, the USDA increased the forecast of world production, exports and stocks of wheat in 2020/21 MG
12.06.2020
a new report by the USDA experts has increased compared to the may estimates forecast global wheat production in 2020/21 MG with 768,5 to 773,4 million tonnes, 9 million tonnes will exceed the harvest 2019/20 Mr. in Particular, for Australia, the forecast production has increased from 24 to 26 million tons (15.2 million tons in 2019) for China – from 135 to 136 (133,6) mln t, India with 103 to 107,2 (103,6) mln t, Turkey – from 18.5 to 19.5 (18,5) million tons, USA...