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Reduced crop forecasts for Russia and China support prices for wheat
22.06.2018
Support wheat quotations yesterday the stock exchange was forecasts of lower global production. the results held in southern Russia for crop-tour, experts Agritel estimated future crop of wheat in the country at 67.4 million tonnes, 21.5% yield indicator 2017 and 1.1 million tons less than the June forecast USDA. the national Council of China for grain and oilseed reduced the estimate of wheat production by 2.5% to 126,73 million tonnes, although some market...
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Purchase prices for grains in Ukraine on June 22, 2018
22.06.2018
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 4400 Peas 5850 ↓ 50 5525 Buckwheat 8000 Rye 3507 Rye grade II 3464 5000 Rye grade...
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Corn prices continue to fall
21.06.2018
Favorable precipitation in the "corn belt" of the US and intense trade relations with buyers pushing the market for U.S. corn. the Response to the introduction of trump duty on steel and aluminium was the introduction by the EU of the 25% import duty on U.S. corn and lift China duties on us ethanol from 45% to 70% after a previously imposed 25% duty on U.S. soybeans, sorghum, and wheat. the Share of ethanol from the USA in the total imports of ethanol in...
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In the speculative wheat market adjustments
21.06.2018
Yesterday the world's wheat exchanges demonstrated a slight correction of prices after a sharp and protracted decline yesterday. After the forecast about decrease in world production and demand traders intensified speculative buying. Favorable for the development of spring wheat weather in the United States and precipitation in Ukraine, which reduced the dry phenomenon, putting pressure on prices, which still maintains the uncertainty of the harvest in Russia. In the South of...
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Prices for soybeans in Chicago dropped to a 10-year low
21.06.2018
the July soybean futures in Chicago on Tuesday fell to a 10-year low of 309 $/t (8,41 $/bushel), and in the medium was stabilized at the level 324,45 $/t price pressure tension in trade relations between the US and China, as well as favorable weather conditions with sufficient rainfall in the area of soy cultivation in the United States. soybean Market is awaiting the outcome of negotiations between the US and China until July 6, after which China promises to introduce...
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Purchase prices for grains in Ukraine on June 21, 2018
21.06.2018
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 4400 Peas 5850 ↓ 50 5525 Buckwheat 8000 Rye 3507 Rye grade II 3464 5000 Rye grade...
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In the Egyptian tender was won by European wheat
20.06.2018
Yesterday, at the tender Egyptian GASC bought 240 thousand tons of Romanian wheat for delivery on August 1-10 at the price 218,1 $/t C&F (or 203,95 $/t FOB + freight 14,15 $/t), while the Russian wheat was offered at 206,2-210,69 $/t FOB. Harvesting campaign and a weak Euro continue to put pressure on European prices of wheat. September futures milling wheat on MATIF fell by 2.75 €/t to 171,75 €/t (198,71 $/t), and from the beginning of June lost 14...
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The Ministry of agriculture estimates the grain harvest in Russia in 100 million tons
20.06.2018
the Ministry of agriculture left the forecast of grain production in Russia in 2018, at 100 million tons, - said the head of the Department D. Petrushev, but this figure is adjusted almost every week. in the calculation of the possible volume of exports, the Ministry proceeded from the assumption that domestic demand accounted for 80 million tonnes of grain. The final decision will be made when it becomes clear the size of the harvest and the necessary of domestic...