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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 ...
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Wheat prices are rising in spite of the fundamental factors
04.03.2020
Yesterday, on world markets, wheat prices after a long fall turned up on the background of reducing the fed rate by 50 p. and the decline of the dollar relative to other currencies. Other countries may also soon lower interest rates to stimulate the economy. Speculative win bearish fundamental factors that pressured prices of old and new crop. Egyptian GASC in 2019/20 Mr purchased of 5.92 million tons of wheat, accounting for 90% of imports to the country of 6.49 million tons of...
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Prices for vegetable oil rose as the recovery in demand
04.03.2020
a Sharp drop in the price of vegetable oils and their byproducts, caused a panic in the financial and commodity markets due to the spread of coronavirus, this week stopped, because the low prices of these goods contributed to the recovery of demand for them. After the decision of the fed to reduce the discount rate from 1.5-1.75% to 1-1,25% of the prices of all agricultural products increased by 1-2%. On the background of this news the markets after the discovery started to rise,...