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Parliament plans to ban the use of palm oil in the production
16.05.2018
the Parliament in the first reading adopted the draft law No. 3871, which banned the use of palm oil in the manufacture of food products, milk and its products, and will provide for administrative liability for violation of these requirements. the Project provides for the relevant amendments to the Code of administrative offences. Production and trafficking in Ukraine, for produce not satisfying the requirements of standards, norms, certification, safety and quality,...
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The results of the tenders in Egypt and Tunisia put pressure on wheat prices
16.05.2018
Wheat market yesterday came under pressure from tenders in Egypt and Tunisia. Tunisia bought 100 TMT of wheat with protein 11.5% from July shipment-August to CFR Tunisia for the price of 216,53 $/t, which at $10/t lower than the purchase price of the previous tender. Egypt, which is primarily buys wheat of the new harvest on the domestic market, also unexpectedly announced a tender and bought it for 60 thousand tons of Ukrainian wheat with protein 12.5% with...
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Purchase prices for grains in Ukraine on May 16, 2018
16.05.2018
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 5550 ↓ 17 5325 ↓ 125 5625 ↓ 25 Buckwheat 6800 7500 Rye 3707 3500 Rye grade II 3689 ...
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Prices for soybeans rise on the progress in the negotiations between the US and China
15.05.2018
According to Reuters, U.S. and China are considering an agreement that would delay the effect of U.S. sanctions for China's ZTE Corp. in exchange for refusal of China to impose import duties on agricultural products made in the USA. Representatives of both countries will meet this week in Washington. This news became the main growth driver of the soybean market. the July soybean futures on Monday rose 2% to 375 $/ton, almost offsetting Friday's losses, while...
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Saudi Arabia has purchased 1.5 million tons of barley of the new harvest
15.05.2018
State operator Saudi Arabia SAGO in the tender may 11 bought 1.5 million tonnes of feed barley origin, presumably from Australia, South and North America, the EU and the black sea. the Main seller of barley became Glencore, which sold 960 thousand tons, and Louis Dreyfus, COFCO, Casillo and CBH Grain. the purchase Price was 8% below the price at the previous tender, which was held in March, and made 223,94-233,49 $/t C&F for delivery in July-August of the current...
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The price of rapeseed gradually strengthening
15.05.2018
the US withdrawal from the nuclear agreement with Iran has led to an increase in oil prices to the level 78,25 $per barrel, what contributes to higher prices for vegetable oils. Since early may, the price of palm oil in Malaysia increased by 5% to 2446 Ringgits/t or 619,2 $/ton, and soybean oil in Chicago rose by 35 to 690 $/t oilseed Prices also started to increase and in may the price of rapeseed on Euronext was up 1% to 352,75 €/ton or 420...
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Purchase prices for grains in Ukraine on May 15, 2018
15.05.2018
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 3500 Peas 5567 5450 5650 Buckwheat 6800 7500 Rye 3707 3500 Rye grade II 3689 Rye...
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Corn prices continued to decline
14.05.2018
on Friday, the July corn futures in Chicago fell to of 155.6 $/t Despite the bullish fundamental factors, the price of corn for the week lost 2.4 percent. corn Exports from the U.S. in the current marketing year reached the average level and amounted to 91% of the forecast USDA for the season 2017/18. Funds increased long positions at 25755 deals to 211.8 thousand contarct, which indicates that speculators expect prices to rise. Taiwan's MFIG operator...