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Prices for soybeans remain under pressure of increased production forecasts in Brazil and Argentina
06.03.2020
Due to favorable rainfall throughout the season, experts Informa increased its forecast of soybean production in Brazil in 2019/20 MG to a record 128 million tonnes, while the USDA in February was estimated at 125 million tonnes at the same time analysts at INTL FCStone believe that the country will gather to 124.2 million tonnes of soybeans, down 0.2 million tons exceeds the previous estimate. Forecast soybean production for one of the main regions of growth – the Rio...
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Recent precipitation has improved soil moisture reserves
06.03.2020
Thanks to the warm winter, winter crops in Ukraine and Russia is almost not affected, while the recent precipitation has replenished the soil moisture reserves and reduce anxiety concerning conditions of spring vegetation. In February the crops were in shallow winter dormancy, and in the end of the month in the South, places in Central and Western regions resumed vegetation in the phase of tillering, formation of nodal roots and 3 leaves. According to the Ukrainian...
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Argentina was left unchanged export duty on corn
06.03.2020
the Argentine Government on Thursday resumed the registration of export contracts after increase of export duties on soybeans and the oil from 30% to 33%, while the duty on wheat and corn was left at 12%. Before the shift duties, the government stopped the registration of exports, rather than almost a week stopped the sale. In anticipation of higher duties Argentinian farmers have filed applications for licences to export 95.5 million tonnes of grain and oilseeds...
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Purchase prices for grains in Ukraine on March 6, 2020
06.03.2020
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 2900 Wheat mill offals 2900 Mustard seeds 11100 Peas 6450 5775 6088 225 Buckwheat 15000 Rye ...
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Under pressure from fundamental factors, wheat prices resumed the fall
05.03.2020
Despite the growth of stock indices and markets soy and corn, wheat futures drop under the pressure of fundamental factors. Chicago Wednesday went down sharply against the background of increasing of the forecast of world wheat production and the strengthening of the dollar. To substantially increase wheat production plans Australia. After increasing the government of Argentina export duties on soybeans, farmers will significantly increase acreage of wheat, the duty on which has...
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Due to increased precipitation forecasts rapeseed production in India, EU and Australia
05.03.2020
Global rapeseed production is reduced for the third season in a row after a two-year drought in Australia and the reduction of the yield in Canada and the EU. In 2017/18 MG it was 74,991 million tonnes in 2018/19 Mr – 72,369 million tonnes in 2019/20 Mr – 67,749 million tons. Favorable precipitation in India and Australia will increase forecasts rape harvest, however, world production will not change significantly, because production in the EU, Canada and Ukraine will...
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Tender in Egypt has accelerated the growth of prices for vegetable oils
05.03.2020
After Friday's collapse in the price of vegetable oil since Monday began to gradually recover, thanks to increased demand ahead of Ramadan and after the rapid rise in price of palm oil, caused by hopes for improved relations between India and Malaysia. Yesterday, the Egyptian GASC bought at the tender 60 thousand tons of soy and 16 thousand tons of sunflower oil with delivery of 1-20 may, which supported the vegetable oil markets. In comparison with the previous tender, 20...
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Purchase prices for grains in Ukraine on March 5, 2020
05.03.2020
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 2900 Wheat mill offals 2900 Mustard seeds 11100 Peas 6450 5775 6088 225 Buckwheat 15000 Rye ...