-
Fundamental factors increase pressure on wheat prices
01.11.2021
Wheat prices rose on global stock exchanges last week, but lower oil and corn prices, as well as a slowdown in exports amid higher harvest forecasts for Argentina, Russia and the United Kingdom, will increase pressure on prices this week. According to the Buenos Aires Grain Exchange (BAGE), in Argentina, wheat was harvested on 6.7% of the area, and the harvest forecast was raised by 600 thousand tons to 19.8 million tons (against the USDA forecast of 20 million...
-
The hryvnia continues to strengthen on the interbank market despite attempts by speculators to undermine the exchange rate
01.11.2021
Last week, the dollar exchange rate on the interbank market gradually declined, despite attempts by speculators to change the trend, and lost 18 kopecks in a week, falling to 26.25-26.27 UAH/. by Friday. The exchange rate is supported by increased demand from energy importers, but the increase in foreign currency sales by agricultural exporters increases pressure on the dollar. The increase in energy prices is offset by an increase in prices for agricultural products, especially...
-
Purchase prices for grains in Ukraine on November 1, 2021
01.11.2021
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 9700 ↑ 233 320 Buckwheat 24000 23000 Rye 200 Corn 7733 ...
-
Write-off of railcars by age may lead to an economic catastrophe in Ukraine
29.10.2021
The Federation of Transport Employers of Ukraine said that the decision of the Ministry of infrastructure to write off railway cars by age will lead to disastrous consequences for the domestic economy. General Director of the Federation V. Gusak said, "if the relevant order is adopted, almost 50 thousand units of rolling stock, primarily gondola cars and grain carriers, will have to be written off by 2028, which will make up half of the existing fleet. At the same time, the...
-
Canola prices have updated another record, and rapeseed quotes are declining
29.10.2021
Rising oil prices in recent weeks have led to an increase in the cost of agricultural products used in the production of biofuels. Palm oil prices updated the record last week, rapeseed futures - earlier this week, and canola prices yesterday reached a record 1000 CAD/ton. Lower oil prices have already led to an adjustment in palm oil prices, December futures for which reached a record 5,071 ringgit/t or.1,222/t on October 20, and at the end of the week fell to 4,929 ringgit/t or....
-
Rain in the United States and Brazil and drought in Ukraine and Russia remain the main factors of pressure on prices
29.10.2021
Active harvesting of late crops in the Northern Hemisphere and obtaining projected yields of soybeans, sunflowers and corn increase pressure on prices, especially given the increase in precipitation in Brazil, where a sharp increase in soybean and corn production is expected this season due to the expansion of sowing areas. Dry weather in Ukraine, Russia and Argentina negatively affects winter wheat crops and reduces the potential of the future harvest, which has become a new...
-
Purchase prices for grains in Ukraine on October 29, 2021
29.10.2021
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 320 315 Buckwheat 24000 23000 Rye 200 Corn 7711 ↑ 91...
-
After updating the 3-year high, oil prices fell and increased pressure on the corn market
28.10.2021
After updating a 3-year high on Tuesday, December Brent crude futures on the ICE Futures Europe exchange fell 3.6% to 8 83.43/barrel yesterday on news of an increase in the incidence of covid-19 in Europe and the emergence of new cases in China, as well as against the background of the resumption of negotiations with Iran on a nuclear program. The fall in oil prices will increase pressure on the quotes of corn, which last week after oil rose in price by 3.7%. December...