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Accelerated harvesting and logistical problems lower corn prices at Ukrainian grain elevators
26.10.2021
Last week, World corn prices rose with the support of oil and wheat markets, which stopped the fall in export prices for corn in Ukrainian ports, but purchase prices at Grain Elevators accelerated the decline amid a possible change in railway tariffs from November 1 and an increase in supply. The weather in Ukraine, the United States and the EU contributes to the acceleration of harvesting and an increase in the supply of new crops. In the United States, as of October...
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Purchase prices for grains in Ukraine on October 26, 2021
26.10.2021
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, $ Wheat mill offals 4500 Mustard seeds 18000 30000 Peas 9800 8900 9467 315 Buckwheat 24000 23000 Rye 197 Corn 7630 7016 ↓...
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Vegetable oil prices fell after last week's record update
25.10.2021
Last week, prices for palm oil reached a record level, and for soybeans also rose against the background of increased demand, which supported the quotes of sunflower oil. However, at the end of the week, prices turned down against the background of profit-taking by traders and following the decline in oil prices, which were the main factor in supporting vegetable oil prices. December palm oil futures on the Malaysian stock exchange on Thursday and Friday fell 3% from a record 5,071...
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Ukraine and Russia threshed 83% and 88% of sunflower crops
25.10.2021
Due to the lack of precipitation, the rate of harvesting of late crops in Ukraine and Russia remains high, while sowing has slowed down, as farmers refuse to sow winter crops against the background of dry conditions and dry weather forecasts for the coming weeks. Ukrhydrometeocenter reports that due to the lack of precipitation (and in most regions the amount of precipitation since the beginning of September was only 20-50% of the norm, and in October they were not at all), the...
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The hryvnia exchange rate continues to strengthen against the dollar
25.10.2021
The strengthening of the hryvnia against the dollar continues, and over the past week the dollar exchange rate on the interbank market fell to 26.19-26.21 UAH/., although on Thursday it won back the fall, and in general over the week it fell to 26.27-26.3 UAH/.. To keep the hryvnia from sharply strengthening, the National Bank was forced to step up the purchase of excess currency, and during October 18-23 purchased 3 350 million on the interbank market (compared to.120 million in...
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Purchase prices for grains in Ukraine on October 25, 2021
25.10.2021
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, $ Wheat mill offals 4500 Mustard seeds 18000 30000 Peas 9600 8900 9467 ↓ 233 315 ↑ 2 Buckwheat 24000 ↑ 1000 23000 Rye 197 ...
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Dry weather worsens the condition of crops in Argentina, Ukraine and Russia
22.10.2021
In the main grain – producing countries of the Northern Hemisphere ,dry weather remains with light precipitation, which contributes to the harvesting of late crops. However, a lack of moisture can significantly worsen the condition of winter wheat crops. Increased corn harvesting increases pressure on prices, while wheat prices are not falling, as they have received support from a weather factor that will affect the future harvest. Brazil, thanks to heavy precipitation, accelerates the...
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Strategie Grains experts have sharply increased their forecast for corn production in the EU
22.10.2021
Strategie Grains experts increased their forecast for EU corn production in my 2021/22 by 2.6 million tons compared to September estimates to 67.5 million tons (64.6 million tons in my 2020/21) due to better-than-expected yields in France, Germany, Poland, Romania and Bulgaria. Initially, the rate of corn harvesting was significantly lower than the average annual rate, especially in the western and south-eastern EU countries, but now weather conditions in most countries contribute...