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Lack of precipitation and hot weather in the spring wheat growing area are the main weather factor on the market
02.07.2021
During the growing season of agricultural plants, markets remain under pressure from the weather factor in the main grain producing and exporting countries. This week, the weather continued to increase speculative sentiment due to abnormal heat in Canada and the northwestern United States: frosts and snow in Brazil, as well as increased heat with a lack of precipitation in Central and eastern Russia. Frosts and light snow in southern Brazil in the states of Paraná and Mato...
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Purchase prices for grains in Ukraine on July 2, 2021
02.07.2021
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 8950 240 Buckwheat 20500 Rye grade IV ...
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Due to small stocks and sowing areas corn prices increased by 7%
01.07.2021
Yesterday, the USDA released two important reports: on grain reserves as of June 1 and the final sowing areas for the 2021 harvest. these indicators were lower than traders expected, to which prices reacted with an increase of 7%. July corn futures rose by 3.7% to 2 285.4/ton, and December – immediately by 7.3% to.231.5/ton, having added 13% in price since Monday. Quotes were supported by data from the US Energy Agency EIA on an increase in ethanol production for...
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In Canada, the area of sowing barley, canola and soybeans was increased, but wheat, corn and peas were reduced
01.07.2021
According to a report by the Statistical Office of Canada dated June 29, the country's farmers significantly increased the area of sowing canola, soybeans, barley and lentils, but reduced the area of sowing wheat, corn, peas and oats. Compared to last year, the area of canola sowing increased by 8.2% to 22.5 million acres or 9.11 million hectares, but due to the abnormal heat in the country, November canola futures rose by another 2% to 811.7 CAD/ton or 6 654/ton, adding 10% of...
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Soybean futures rose 6.6% on data from the US sowing area report
01.07.2021
Soybean futures on the Chicago SWOT reacted sharply yesterday to data from the USDA reports on quarterly stocks and sowing areas, which were lower than traders expected. July futures rose 6.6% to 5 532.8/ton, and November futures – 6.6% to.514/ton, adding 11% in price in two weeks and recouping a 15.5% drop in the first half of June. The USDA experts left the estimate of soybean sowing areas in the United States at the level of the March forecast – 87.6...
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Purchase prices for grains in Ukraine on July 1, 2021
01.07.2021
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 8200 8950 240 Buckwheat 20500 Rye grade IV ...
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High barley yield in southern Ukraine increases pressure on purchase prices
30.06.2021
Due to heavy precipitation in May and June, winter crop harvesting will begin 1-2 weeks later than last year. At the end of the week, the rains ended, so farmers stepped up harvesting barley in the south of Ukraine. Preliminary data indicate a high yield of barley, but due to the significant vegetative mass, the humidity of the first batches is 16-17%. Many barley crops were laid down by rain and a large mass. According to preliminary data, the yield of winter barley is 5-7 t/ha,...
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In Canada and in the northwestern United States, a record heat wave Reigns
30.06.2021
The high-pressure zone, which stretched from California to the Arctic regions of Canada and caused extreme heat, is now spreading inland and has already reached the states of South and North Dakota, the province of Saskatchewan. According to weather forecasts, high air temperatures will remain until Sunday inclusive. The so-called" heat dome " is a fixed high-pressure zone that acts like a lid over a pot. In many regions, temperatures have reached the highest...