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The wheat market again in the crosshairs, the weather
28.07.2017
international Grains Council (IGC) in its July report lowered its forecast of world production of corn, wheat and barley because of the hot and dry weather in some producer countries in North America, Europe, and Australia. the Forecast of world wheat production reduced from 735 million tonnes to 732 million tons. Mainly through the USA, for which the forecast was reduced from 48.6 million tons to 46.7 million tons, Australia (from 24.8 million tons to 22.8 million tons), EU (149,4...
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The increasing demand for oil pushed prices up
28.07.2017
Price of Malaysian palm oil grew by $ 15./t to 645 dollars./t s August delivery. In July, exports of Malaysian palm oil increased by 3.6% compared with June and is at 1.016 million tons. The main increase in demand is coming from the EU and China, which increased purchases by 46% and 36%, respectively. due to an increase of the difference value of palm and soybean oil, which has risen in the USA to 750$/t and ES to 710євро/t Rise in the cost of soybean oil has pushed the...
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Ukraine will increase production and exports of peas in 2017/18МР
28.07.2017
the Necessity of good predecessors in crop rotation and the use of new varieties of peas, which allow to obtain high productivity, helped increase the acreage of peas in 2017році to 405 thousand hectares, which is the highest in the last 15 years or more the previous year by 70%. As of July 27, Ukraine harvested 88% harvested 911тис tons of peas with a yield of 2.55 t/ha, (which is lower than last year 20%) , therefore, the projected gross harvest will exceed 1 million...
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Purchase prices for grains in Ukraine on July 28, 2017
28.07.2017
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 3000 3200 Mustard seeds 16125 Peas 6767 ↑ 67 6200 6450 6050 220 Buckwheat 13100 Rye 3690 3550 ...
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The dollar continues to decline against world currencies, but not in Ukraine
27.07.2017
the Dollar held at a minimum of 30 months in tandem with the Euro, while the dollar index is at the lowest level in 14 months after minutes of the Federal reserve system. on 27 July the Euro rose to $1,1775 compared to $1,16,3 yesterday at the opening of trading in new York, for which the common currency rose 1% the dollar was also steady against the yen 111,14 yen/$1 after the consolidation of the yen by 0.6% on Wednesday, the Euro paired with the Japanese currency...
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Wheat prices turned
27.07.2017
On Wednesday investors in Chicago think American wheat is too oversold and the market has made a speculative rebound. Additional support for winter wheat has had a 1.6% increase in spring wheat in Minneapolis. The yield forecasts based on a recent inspection tour to some areas of cultivation of spring wheat dramatically reduced. September quotes of the American wheat have risen: soft wheat SRW in Chicago by $1,38 to 175,54 $/ton hard wheat HRW in Kansas city by...
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Reduces Oil World forecast of soybean production in the United States
27.07.2017
Ministry of agriculture downgraded the assessment of the condition of soybean crops by 4% (57% rated as good and excellent), due to dry weather in the West and excessive rains in the East. due to the US drought of analysts of Oil World downgraded the forecast for soybean crop with 115 according to preliminary estimates of up to 113 million tons, in addition, on 4.2 million below the record high of 2016. Also, according to them, while maintaining the heat wave in August and in late...
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Purchase prices for grains in Ukraine on July 27, 2017
27.07.2017
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 3200 Peas 6767 ↑ 117 6050 ↑ 50 6450 6050 Buckwheat 13100 Rye 3690 3550 Corn 4750 ↑ 25 4296 4400...