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Strikes in Argentina halt falling vegetable oil prices
08.07.2021
After the sharp collapse in oil prices, pressure on vegetable oil prices increased, but information about new strikes in the ports of Argentina and the blocking of exports supported soybean oil prices. In the vegetable oil markets, uncertainty remains with the levels of soybean and rapeseed production in the new season, as the sowing areas in the United States and Canada, although increased, but the dry weather does not yet allow us to count on a sharp increase in...
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Purchase prices for grains in Ukraine on July 8, 2021
08.07.2021
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 4475 Mustard seeds 12000 Peas 7550 ↓ 250 9000 240 Buckwheat 20500 Rye...
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Wheat prices in the US fell by more than 5%
07.07.2021
Forecasts of heavy precipitation in the US corn and soybean belts led to a sharp drop in prices for soybeans and corn by 6-7%, and puts strong pressure on wheat prices, despite the fact that forecasts do not promise the same heavy rains in the US Plains area, traders staged a stormy sell-off of futures after a long weekend. Quotes of July soft wheat futures in Chicago fell to a 3-month low amid weather and low export rates. Data from the weekly report on wheat exports from the...
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Rapeseed and canola prices decline amid precipitation in Canada
07.07.2021
Yesterday's drop in oil and soybean prices on stock exchanges accelerated the collapse of rapeseed futures, which on the Paris Stock Exchange lost 6% in two days following a decline in canola prices, which have also fallen by 7% since Friday. Forecasts of lower temperatures after the heat wave, as well as forecasts of light rains in the Canadian Prairies for the next 7 days, were the main factor in cooling prices for rapeseed and rapeseed, but the level of precipitation,...
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On the Chicago Stock Exchange soybean prices fell by 7%
07.07.2021
Soybean futures on the Chicago Stock Exchange SWOT fell more than 7% on the day yesterday amid a drop in oil prices of more than 4%, as well as forecasts of precipitation in the US soybean belt. July futures fell 7.2% to 5 500.8/ton, and November futures – 7.4% to.478/4/ton, almost losing all growth for the week, which was triggered by the release of data on sowing areas and stocks in the United States. The report that Russia and...
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Purchase prices for grains in Ukraine on July 7, 2021
07.07.2021
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 4475 Mustard seeds 12000 Peas 7800 9000 240 Buckwheat 20500 Rye grade IV ...
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In the new season Ukraine may reach a record level of grain production and export
06.07.2021
Against the background of favorable weather, grain production and export forecasts from Ukraine in 2021/22 MG will be able to reach, or even exceed, the record levels of the 2019/20 season. According to the Ukr Hydrometeorological Center, Ukraine can raise 75.8 million rubles. tons of grain in 2021 compared to 65 million tons. tons in 2020, and 75.08 million tons in 2019, including: wheat 28.5 million tons, corn 37.1 million tons and 8.3 million tons of...
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Romanian wheat wins Egypt tender again
06.07.2021
At the next tender in Egypt, market participants expected an increase in competition between Russian and Romanian wheat, but in general, all offers were almost at the same levels, but Romanian wheat turned out to be cheaper, and only one Russian company was able to offer cheaper wheat with cheap freight. Prices for purchasing wheat delivered to Egypt did not significantly decrease due to the increase in freight costs. Yesterday's tender of the Egyptian...