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StatCan experts lowered forecasts for wheat and canola crops in Canada more than the USDA
31.08.2021
Yesterday's updated report on the production of cereals and oilseeds in Canada from the Statistical Office StatCan, as expected, significantly lowered the forecasts for the harvest of major crops. Prolonged drought led to an acceleration of the maturation period of plants by 2-4 weeks, as a result of which the yield significantly decreased. It is expected that whole wheat production in Canada, in my 2021/22, it will decrease by 34.8% compared to the previous season from 35.2 to...
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Purchase prices for grains in Ukraine on August 31, 2021
31.08.2021
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, $ Vetch 10000 Wheat mill offals 4100 Mustard seeds 9033 25000 Peas 8363 7758 ↑ 16 8483 230 Buckwheat 19375 ...
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Purchase prices for wheat in Ukraine resumed growth
30.08.2021
Purchase prices for wheat in Ukraine, after a slight decline due to a reduction in export demand, have resumed growth since Friday, following an increase in quotations on world stock exchanges. The main speculative driver of price growth remains uncertainty with the wheat harvest in Canada. Purchase prices for food wheat in the ports of Ukraine increased by 5 5/ton to 2 270-275/ton or UAH 8300-8400/ton. however, producers have reduced sales of wheat, and mainly sell...
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Analysts lower forecasts for crop production in Canada
30.08.2021
On the eve of the release of the official forecast from the Statistical Office of Canada (StatCan), most agencies published their own estimates of the production of cereals and oilseeds in the country, which is one of the main suppliers of wheat and canola to the world market. Data from The New StatCan forecast will significantly affect prices. After monitoring the state of crops of major agricultural crops in Canada, experts from Agriculture and Agri-Food Canada lowered their...
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Speculators are trying to raise the dollar exchange rate on the interbank market
30.08.2021
After a week of gradual decline, the dollar exchange rate against the hryvnia last week began to grow against the background of the activation of importers and on the expectations of market participants of a new psychological level – 27 UAH/.. Since Monday, the dollar has risen in price from 26.72/26.74 UAH/. to 26.96/26.98 UAH/., although analysts predicted a further fall in the exchange rate. Only the active intervention of the National Bank reduced the speculative pressure...
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Purchase prices for grains in Ukraine on August 30, 2021
30.08.2021
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, $ Vetch 10000 Wheat mill offals 4100 Mustard seeds 9033 Peas 8363 7742 ↑ 279 8483 230 Buckwheat 19375 Rye...
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At the beginning of the season sunflower prices remain high with the support of vegetable oil markets
27.08.2021
The prolonged rise in the price of palm oil supports the quotes of soybean and sunflower oil, so that the purchase prices for sunflower in Ukraine at the beginning of the season remain at a high level. October palm oil futures in Malaysia rose 3.6% from Monday after falling last week to 4,392 ringgits/ton or понеділка 1,047/ton, although two weeks ago they reached 4,511 ringgits/ton or. 1,075/ton. According to the SSPOMA trade association, in the period August...
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Lowering the forecast of global wheat production by IGC experts supported the markets
27.08.2021
IGC experts in the August report lowered the forecast of global wheat production by 6 million tons to 782 million tons, which is still 9 million tons higher than last year's harvest. The forecast for World Trade was also lowered to 189 million tons and wheat consumption by 3 million tons to 783 million tons, as a result of which final reserves will be reduced by 2 million tons to 278 million tons, which is 1 million tons higher than last year's level. Thus, the forecast for...