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The increase in corn production in South America, pressuring prices
25.05.2017
Argentina's Ministry of agriculture published its first crop forecast corn and soybean in the current season, as well as evaluating the acreage of wheat for the season 2017/18. the General production of maize in the previous season, will grow by 16.8% to 46.5 mln t, and soybeans will decrease by 1.4% to 58 million tons. According to the April IGC report, corn production in Brazil in the current season can be increased to 91.5 million tonnes, which is significantly...
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Purchase prices for grains in Ukraine on May 25, 2017
25.05.2017
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 6600 6500 ↓ 67 Buckwheat 14750 Rye grade IV 3500 Corn 4776 ↑ 5 4400 ↓ 19 4333 ↑...
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Through the improvement in the weather wheat quotes in USA reduced
24.05.2017
Despite the fact that in the main regions of cultivation of wheat in the U.S. remains cool and wet weather, the condition of winter crops in the past week has improved slightly, the national agricultural statslib of the Ministry of agriculture of the United States. the Share of crops in good or excellent condition increased by 1% to 52%, whereas at the same date last year the cultivation was 62%. American farmers continue to plant corn and spring wheat. As of may 21,...
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Glencore plans to unite with Bunge
24.05.2017
the Swiss trading company Glencore proposed U.S. agribusiness giant Bunge to join, reports The Wall Street Journal (WSJ) with reference to own sources. If the parties agree on the terms of the transaction, Glencore will become a powerful player in the agricultural market of the United States. The company reported that the Department of agriculture "employs an informal approach to doing business to agree the details of combining the businesses." so far the...
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Sugar prices in 2017/18 MG may fall due to increasing production
24.05.2017
for Two consecutive years balance between supply and demand of sugar in the world markets had a considerable deficit, but in the 2017/18 season he may become more balanced, analysts Datagro. the Increase in acreage under sugar beet in Ukraine, the EU and Russia and under sugar cane in India and Thailand will reduce the deficit in 2017/18 MG. Through this, sugar prices on the stock exchange in new York could significantly fall. the Deficit of the balance of demand and...
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Purchase prices for grains in Ukraine on May 24, 2017
24.05.2017
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 6600 6567 Buckwheat 14750 Rye grade IV 3500 Corn 4760 ↑ 22 4419 4333 ↑ 8 4400 154...
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The excess supply puts pressure on prices of soybean and sunflower
23.05.2017
Analysts of Oil World downgraded its forecast for world production of seven major oilseeds in the current season relative to the previous report by 3.1 million tons to a record 549,5 million t that on 10% exceeds the results of last season and 68 million tonnes will exceed the average of the last five years. most will grow soybean production, the crop estimate for the expense of South American countries increased by 2.8 million tonnes to 348,2 million tons, up 12% over last season....
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Export prospects of Ukrainian barley in 2017/18 MG
23.05.2017
in recent years, the growth of Ukrainian export of barley in physical terms. If in 2014, global markets were sold 4.17 million tonnes of barley, then in 2015 this figure rose to 4.63 million tonnes, in 2016/17 MG up to 5,134 million tonnes. this three years in a row the purchase price has steadily declined, and last season fell to $130/t on the basis of CPT-port. Analysts predict that due to the reduction in the acreage of spring barley and a decrease in yield in the...