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Increased corn supply increases pressure on purchase prices in Ukraine
08.12.2021
Ukrainian farmers have almost completed corn harvesting and increased sales, which immediately led to an increase in queues of trucks in ports and lower prices under supply pressure. Purchase prices for corn decreased in ports to 2 258-260/ton or UAH 7950-8100/ton for deliveries in December and.260-262/ton for deliveries in January. Traders have almost purchased the volumes necessary to fulfill the nearest contracts, so they do not offer additional premiums for fast...
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Purchase prices for wheat in Ukrainian ports accelerated the decline
08.12.2021
This week, food wheat prices in Ukraine accelerated their decline amid lower prices for Russian wheat and in anticipation of the December USDA report, which may change the price trend. The increase in prices for food wheat to a record $330-335/ton contributed to the activation of sales by producers, so traders closed their export contracts for the nearest delivery and lowered prices to 3 315-320/ton or UAH 9750-10000/ton. December Black Sea wheat futures at the Chicago...
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Purchase prices for grains in Ukraine on December 8, 2021
08.12.2021
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 4000 Peas 10050 9900 10000 315 Rye 5500 220 Rye grade II 220 Green peas 13000 Corn 7124...
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China became the main buyer of Ukrainian agricultural products in 2021
07.12.2021
In the first 9 months of 2021, China became the largest buyer of Ukrainian agricultural products, and the total volume of trade in agricultural products between Ukraine and Asian countries increased by 20%. This was announced by Deputy Director of the National Research Center "Institute of Agrarian Economics" M. Pugachev. Ukraine managed to increase its trade surplus to 8 8 billion, primarily due to an increase in domestic exports by 1 1.5 billion, while imports of...
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The rise in oil prices led to an increase in quotations for vegetable oils
07.12.2021
Oil prices started the week with strong growth amid Saudi Arabia's decision to raise prices for all grades of oil supplied to Asia and the United States from January. In addition, concerns about the danger of the Omicron coronavirus strain are reduced. January Brent crude futures on the ICE Futures Europe exchange rose 5.1% to 7 73.5/barrel yesterday, and WTI crude on the New York NYMEX exchange-5.33% to 6 69.8/barrel, recovering from a 20% drop in...
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Grain exports from Ukraine are 17% higher than last year's pace, while those from Russia are 19% behind
07.12.2021
According to the State Customs Service, Ukraine exported 26.076 million tons of grain and leguminous crops in my 2021/22 as of December 6, which is 16.9% or 3.779 million tons higher than last year's figure. According to the forecast of the Ministry of Agrarian Policy, Ukraine exports 56 million tons of grain and leguminous crops in my 2021/22 (against the USDA forecast of more than 60 million tons), which is 25% higher than the export of the 2020/21 season. As of...
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Purchase prices for grains in Ukraine on December 7, 2021
07.12.2021
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 4000 Peas 10050 10450 ↑ 550 10000 315 Rye 5500 220 Rye grade II 220 Green peas 13000 ...
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The Canadian Bureau of Statistics has released the final data on the harvest in 2021
06.12.2021
On December 3, The Statistical Office of Canada (StatsCan) published the final report on the 2021 harvest, in which, due to dry conditions in the country, it slightly reduced the estimate of wheat, canola, barley and soy production, but hung the estimate of the corn crop. The report's data correspond to preliminary estimates of analysts, so it almost did not affect stock quotes. As a result of the drought in Western Canada, wheat and canola yields decreased by 33-40%, which is...