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The USDA increased its forecast of soybean production in 2016/17 MG
13.03.2017
In its March report, USDA analysts increased the forecast of the world production soybeans to 2016/17 MG to 340,79 million tons against 336,62 million tons of the previous forecast and 312 million tons of last season. the Overall balance increased mainly due to Brazil, the crop for which increased by 4 million tons to 108 million tons, 11.5 million tons will exceed the end of the season 2015/16. Forecast world exports soybean increased by 1 million tons to 141,1...
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The increase in palm oil production collapses, prices in the market
13.03.2017
European analysts forecast that in the fourth quarter of 2017 world palm oil prices may fall 20% due to the resumption of oil production after last year's drought, which was caused by the phenomenon of El niño. According to experts, the quotations of palm oil in Malaysia may be reduced relative to the current March prices 720 $/ton 16% to 605 $/ton in the third quarter, and 23.7% to 550 $/ton in the fourth quarter. operators of the market consider that...
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Purchase prices for grains in Ukraine on March 13, 2017
13.03.2017
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 2933 3000 150 Mustard seeds 15000 Peas 7400 7133 Buckwheat 16500 ↓ 700 Rye 3500 4100 ...
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Chinese demand for soybeans support world prices
10.03.2017
In February 2017 China imported a record for the last 7 years for this month 5.54 million tons of soybeans, which is 23% higher than the same period last year. an Increase in purchases of soybeans due to the increase in demand from processors and build-up of refining capacity in the country. However, the import volume was less than expected market operators. Perhaps this is due to logistical delays. in Whole in 2017, China has gained 13.19 million tons of soybeans,...
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The USDA increased its forecast of the corn crop and the collapse of prices
10.03.2017
the USDA increased the forecast of the world production of corn in season 2016/17 MG in comparison with the previous report on 9.03 million tons to a record 1049,2 million tons, which is 9% higher than the previous season. Most of the increased crop estimate for Argentina by 1 million tons to 37.5 million tons, and Brazil – 5 million tons to 91.5 million tons. Thanks to favorable weather COUPLES will gather 14.6 million tons, 1.6 million tons above the previous...
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Wheat prices continued to fall after the release of the USDA report
10.03.2017
the March USDA report in which the forecast of ending stocks of wheat for the United States decreased by 280 thousand tons, could support the market for U.S. winter wheat, but its effect has crossed methenamine expected precipitation over the major regions-producers of the American Plains, where now there is a significant soil moisture deficit. May the wheat prices in the U.S. fell: in Chicago at 1.10 $/tonne to 163,14 $/tones of soft winter wheat SRW, in Kansas city 1.29...
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Purchase prices for grains in Ukraine on March 10, 2017
10.03.2017
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 2933 3000 150 Mustard seeds 15000 Peas 7400 7133 Buckwheat 17200 18000 Rye 3500 4100 ...
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Corn prices in Ukraine are growing in the US and the EU fall
09.03.2017
on Tuesday, the price of maize in Ukraine, on the basis of CPT-port grew by $1/t and reached the level of 155 to 157 $/t or 4900-5000 UAH/t. The main growth factor was the increase in the prices of barley and wheat, as well as support from the market of U.S. corn. However, after the fall of the oil prices by 5%, which occurred on 8 March, corn prices in the US fell by 3 $/t to the level of 146,75 $/ton. the Decline in oil prices may lead to reduced use of corn for...