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Report on crops in the US has fallen off of corn prices
01.04.2019
After the publication of the report USDA balances on March 1 and crop acreage in the new season, corn futures in Chicago fell by 4.8% to and 140.3 $/t Despite traders ' expectations within 91.2 million acres, the forecast of sowing areas of corn for the United States increased by 4% to 92.8 million acres, compared with 89.1 million acres last season. corn Stocks on March 1 amounted to 218,5 million tonnes compared to 225,85 million tons on that date in 2018,...
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Purchase prices for grains in Ukraine on April 1, 2019
01.04.2019
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, $ Wheat mill offals 2800 Peas 7000 6400 Buckwheat 7000 Rye 3822 5800 Rye grade II 3717 6000 6500 Rye grade...
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Egypt acquired a record amount of vegetable oil
29.03.2019
At yesterday's Egyptian tender GASC purchased 52,5 thousand tons of soybean and 32 thousand tons of sunflower oil with delivery in the period 1-20 may. This is the largest volume of simultaneous purchases due to the decline in prices to two-month lows. At auction in early March GASC refused to buy sunflower oil, and yesterday bought a batch of 32 thousand tons at a price 694 $/t CFR, which is $4 per ton lower than the purchase price in February and $10/tonne lower...
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IGC increased the forecast of wheat production in 2019/20 Mr
29.03.2019
In the March report, the International Grains Council CIG the estimate of world wheat production in 2019/20 Mr increased compared to the previous forecast by 1% to 758,7 million tonnes, 3.2% higher than the figure recorded for the current season. production Growth will occur due to the increase in wheat production in Australia at 5.6 million tonnes, Russia by 5.4 million tonnes, the EU – 11.1 million tons. the Forecast of world wheat trade increased by 0.2% to...
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The increase in forecast production lowers the price of wheat
29.03.2019
After raising experts CIG the forecast of wheat production in 2019/20 MG on the background of low demand, traders began to fix profit and to sell contracts. Due to the reduction of forecast of consumption of wheat, the estimate for ending stocks has increased compared to the previous report by 2 million tons Futures for soft wheat in Chicago immediately after the update the max last month returned to the "red zone". the Increase in the weekly exports of wheat from the...
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Purchase prices for grains in Ukraine on March 29, 2019
29.03.2019
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, $ Wheat mill offals 2800 Peas 7000 5850 Buckwheat 7000 Rye 3822 5800 Rye grade II 3717 6000 6500 Rye grade...
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Corn prices in Chicago have resumed falling
28.03.2019
Yesterday in Chicago corn prices fell 2.1% to 146,9 week low of $/t the Reasons were the devaluation of key South American currencies, the increase in forecast acreage under maize in the USA and the decrease in ethanol production. the Daily fall of the Argentine peso by 3% BRL 2% was the main factor of pressure on the price of corn. It has not yet affected prices in the physical markets of South America, but farmers are already preparing to lower prices for increased...
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Wheat prices remain under pressure from low demand
28.03.2019
the fall of the markets of soybeans and corn as a result of the devaluation of the Argentine and Brazilian currencies have not influenced the price of wheat. Traders are closely monitoring the balance sheets under the new wheat crop, because its price exceeds the price of wheat old crop. According to estimates by the Wall Street Journal, the remnants of wheat in the United States on March 1 made of 41.99 million tonnes, which almost corresponds to the period of 40.69...