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Low export rates increase pressure on wheat prices
22.10.2021
World wheat prices after a sharp jump yesterday fell against the background of profit fixing by traders. In addition, quotes are under pressure from fundamental factors in the form of approaching harvesting in Argentina and Australia and increasing forecasts for global corn production. Rabobank experts estimate wheat production in Australia in my 2020/21 at 31.9 million tons, which is 4% lower than last year's harvest, but 35% higher than the average 5-year figure. While the...
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Purchase prices for grains in Ukraine on October 22, 2021
22.10.2021
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, $ CIF, $ Wheat mill offals 4500 Mustard seeds 18000 30000 Peas 9600 8900 9700 313 Buckwheat 23000 23000 Rye 197 Rye...
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UZA has developed a bank guarantee mechanism for grain forwards
21.10.2021
The Ukrainian grain Association has proposed to the banking community a bank guarantee mechanism for forward contracts for grain, which will make the grain market civilized and end the problem of defaults on forwards due to price increases, the press service of the Association reported yesterday. UZA believes that the introduction of a bank guarantee for forward grain contracts will reduce the risks of non-fulfillment of contracts by unscrupulous sellers in the event of an increase...
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The rise in oil prices and the results of the tender in Egypt led to another jump in prices for vegetable oils
21.10.2021
This week, oil prices rose to a 7-year high, which was an additional factor in supporting the prices of vegetable oils, which rose sharply again yesterday. December palm oil futures on the Malaysian stock exchange rose 2.5% yesterday to a record 5,071 ringgit/ton or 1 1,220/ton, adding 4.4% over the week on forecasts of increased demand from the biodiesel industry. Following them, December soybean oil futures on the Chicago Stock Exchange also rose 3.8% to.1,426/ton...
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Oil prices continue to rise and have already reached a 7-year high
21.10.2021
Oil prices continue to rise, and over the past two sessions, December Brent crude futures on London ISE have risen by 1.6% to 8 85.74/barrel, and WTI crude oil - by 2.2% to.83.5/barrel, which is a 7-year high. The increase in prices is due to an increase in oil consumption forecasts by 500 thousand barrels /day due to high gas prices, as well as an unexpected decrease in reserves in the United States. The International Energy Agency in its monthly report noted that the global...
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Purchase prices for grains in Ukraine on October 21, 2021
21.10.2021
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, $ CIF, $ Wheat mill offals 4500 Mustard seeds 18000 30000 Peas 9600 8900 9700 313 ↑ 3 Buckwheat 23000 23000 Rye 195 ...
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Purchase prices for wheat in Ukrainian ports increased to 3 300 / ton
20.10.2021
Active export demand against the background of rising world prices and limited supply from producers led to an increase in purchase prices for wheat in Ukrainian ports to 3 300/ton. Farmers take advantage of the lack of rain to quickly harvest late crops and sow winter crops, so they do not have time to sell wheat, even at high prices. After the harvest is completed, the volume of supply, primarily wheat, will increase, especially given the decline in corn prices under the pressure...
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The number of poultry, cattle, sheep, goats and pigs is decreasing in Ukraine
20.10.2021
Against the background of a rise in the price of feed and a decrease in the profitability of production in Ukraine, the trend of reducing the number of poultry, cattle, sheep, goats and pigs remains. According to the state statistics service, as of October 1, 2021, the number of cattle amounted to 3.1 million heads, which is 6.7% lower than the corresponding indicator last year, in particular, the number of cows decreased by 1.7% to 1.64 million heads. During the year, the number...