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Rabobank expects low grain harvest in Australia
05.06.2019
According to the forecast Rabobank, due to the drought in 2019 Australia will not be able to increase the sowing area and production of wheat to an average level, causing domestic prices of grain will remain at a high level. In comparison with last year the acreage will increase by 1% to 18.3 million hectares, which is 13% below the average 5-year average. According to official Federal government Agency ABARES, in 2018/19 MG grain production in the country fell by 20%...
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Precipitation in the U.S. will last another week
05.06.2019
the Main driver of rising prices on the world markets remains delayed sowing of soybeans and corn in the United States. within the next 5-7 days in the corn belt of the United States will continue precipitation that prevents planting, whereas in the Southern Plains rains will interfere with the harvesting of winter wheat and degrade its quality. a few showers in the Northwest Midwest will speed up sowing of soybeans and corn, but in the Eastern and southern parts of...
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Speculative growth of dollar on the interbank market stopped
05.06.2019
Political instability in Ukraine heats the panic on the growth rate of currency in the near future. Last week actively discussed the probability of technical default for the deferral of payments on the loans and the suspension of the negotiations with the IMF until a new government is formed. At this news the speculators began to destabilize the dollar, which for a week has increased from 26.33 to of 27.15 UAH/$. Yesterday on the interbank market from morning to 27.06/27,10 dollar...
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Purchase prices for grains in Ukraine on June 5, 2019
05.06.2019
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, $ Mustard seeds 15000 549 Peas 6700 5700 202 Buckwheat 7000 Rye 3817 8000 190 Rye grade II 4190 Rye grade...
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Weather in Ukraine raises crop forecasts in Russia worsens
04.06.2019
Last ten days of may in Ukraine was dominated by warm weather with rainfall of varying intensity, which replenished the soil moisture reserves. The majority of winter crops and spring crops are in good and satisfactory condition, although in the Carpathian region excessive moisture delayed development of plants and sometimes to their yellowing. In dry weather in some regions of Russia, SovEcon for the first time experts have reduced the forecast of grain production with 129,1 to...
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Record delayed sowing of soybeans in the U.S. raises the price of oilseeds
04.06.2019
According to the USDA NASS report, as of June 3, soybean planted in the US, only 39% of the area in comparison with the expectations of experts in the 42-45% and 79% on average for 5 years. During the week managed to get only 10% of the area due to precipitation, which will last another 5 days. Shoots were obtained on 19% of area vs. 56% on average for 5 years. Low rates of sowing lead to a rapid increase in the prices of soybeans and other oilseeds, as doceat square at the optimum...
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Forecasts of precipitation in the United States heated up wheat prices
04.06.2019
After yesterday's speculative adjustment of prices due to cheaper oil and the escalation of tensions with Mexico, traders took into account the weather in the regions of cultivation of wheat in the United States, where during the next two weeks will be rain, especially in the main winter wheat – Kansas. According to the report, NASS USDA, which announced after the close of trading, spring wheat in the United States planted 93% versus 96% on average for 5 years, and...
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Purchase prices for grains in Ukraine on June 4, 2019
04.06.2019
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, $ Mustard seeds 15000 549 Peas 6700 5700 202 ↑ 2 Buckwheat 7000 Rye 3817 8000 190 Rye grade II 4190 Rye...