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The decline in demand in the US and crops in Brazil increases the pressure on corn prices
14.04.2020
After due to reduced demand for automobile fuel stop companies producing ethanol in the United States now began to close factories for the production of pork, as prices and demand from China fell sharply. Now closed more than 100 processing plants, - informs the Agency Agricensus. According to USDA, producers of meat and ethanol in 2019/20 Mr remade almost 80% of the corn crop in the United States. the world's Largest company for the production of pork Smithfield...
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Export restrictions supports the price for black sea wheat
14.04.2020
Export prices of Russian and Ukrainian milling wheat at the end of last week increased as a result of the introduction of Romania, Ukraine and Russia's measures to regulate grain exports. Romania imposed an embargo on grain exports to third countries until mid-may. Ukraine after consultation with traders has restricted the export of wheat in the current season at 20.2 million tons. Russia has imposed quotas on grain exports until the end of June, then...
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Purchase prices for grains in Ukraine on April 14, 2020
14.04.2020
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 10500 8619 Wheat mill offals 3300 Mustard seeds 12500 12000 Peas 6675 5900 ↑ 50 6438 240 Buckwheat 16000 19000 ...
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Prices for palm and soybean oil rose, supported by the April USDA report
13.04.2020
In a new USDA report, the experts almost did not change the predictions of the consumption and export of vegetable oils, even though the epidemic Covid -19 reduction in the consumption of oil and energy. In comparison with March balance forecast of production of vegetable oils decreased by 0.12 million tonnes to 204,42 million tonnes, 0.9 million tonnes will exceed the level of the previous season. Evaluation of world consumption of oil reduced by only 1 million tonnes...
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The agreed production cuts will not increase the price of oil, but only to keep it from falling
13.04.2020
OPEC Countries agree to cut oil production to 9.7 million barrels/day. The negotiations, which lasted for 10 hours on Thursday and continued into the weekend for the first time in history joined US, which thanks to the shale revolution have become one of the world's largest oil producers. However, the production cuts will not rescue the oil price, because of the lack of demand in the world market oil reserves continue to grow. Virus Covid -19 distributed by the planet. Already...
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The decrease in imports and stable exports of agricultural products to support the hryvnia
13.04.2020
As experts predicted last week, immediately after the disappearance of the speculative demand for currency, the hryvnia stabilized at 27 UAH/$, and the NBU to keep the hryvnia from a sharp appreciation had to buy on the interbank market 327,7 million $. In the 1st quarter of 2020 in comparison with the previous quarter, Ukraine reduced the import of goods by 20% to 13,425 $ billion (2% less than in Q1 2019), and exports by 5.5% to 12,253 billion $ (the same as last year). The...
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Purchase prices for grains in Ukraine on April 13, 2020
13.04.2020
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 10500 8619 ↑ 5719 Wheat mill offals 3300 Mustard seeds 12500 12000 Peas 6675 5850 6438 240 Buckwheat 13000 ...
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Experts the USDA lowered the forecast of soybean production in Brazil and Argentina
10.04.2020
If in the March report, the experts, the USDA has dramatically increased the forecasts of world production and reserves of soybeans, in April the balance had to be reduced due to reduced production in Brazil and Argentina, as well as increasing imports by China. compared To the March report from the global initial stocks were reduced 1 million tons to 110,8 million tons, the forecast of world production is 3.68 million tonnes to 338,08 mln t, and ending stocks by 2 million tonnes...