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Australia oppresses the black sea and Argentine wheat on the markets of Asia
22.12.2020
Australia have already collected half of the wheat harvest, which, according to recent estimates, may reach a record of 34-35 million tons, allowing exports to 2020/21 MG also can reach the historic high of 22 million tonnes or $ 6 billion. It contributes to the implementation of the Russian government of export duties on Russian wheat. According to the company GrainCorp, the schedule of shipments of wheat at its port terminals is fully booked until September, which was not from...
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Corn prices are rising in spite of falling oil prices
22.12.2020
Yesterday, oil prices and stock indexes declined sharply on the news about limiting travel and flights from the UK to prevent the spread of the mutated strain coronavirus. After seven weeks of growth in futures for Brent crude oil yesterday fell 3% to 50.6 $/barrel and WTI crude oil – by 2.7% to 47.7 $/barrel. This week the fall of oil prices will continue as traders will try to close positions in anticipation of the Christmas holidays. the decrease in oil prices...
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Delayed exports from Russia supports the price of wheat
22.12.2020
Introduced by the Russian government to stabilize food prices, quotas on grain exports and the duty on wheat exports for the period from 15 February to 30 June, in December resulted in delays with customs clearance of consignments of wheat. In response to this, export prices for Russian wheat increased by 5-6 $/t up to 257-260 $/t FOB Black sea ports, although purchase prices at ports are falling, as traders are not sure that will be able to ship wheat to the imposition of duties...
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Purchase prices for grains in Ukraine on December 22, 2020
22.12.2020
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 10143 Wheat mill offals 5300 ↓ 100 Mustard seeds 15000 12050 Peas 8550 8133 ↑ 150 8120 255 Buckwheat 20500 ...
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Strike and dry weather in Argentina supported soybean prices and oil
21.12.2020
Friday prices for soy beans and oil on the stock exchange in the United States rose sharply amid a prolonged strike in Argentina and higher prices of oil. So, quotations of oil of mark Brent rose on Friday to its highest since March 2020 level of 52.4 $/barrel. Forecast slight rain in Argentina during the week raised concerns about the fate of soybeans. In Argentina for the past two weeks on strike the workers of the port of plants for the processing of oilseeds, which require...
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The reduction in the VAT rate to 14% for certain goods contrary to the agreements with the EU and IMF
21.12.2020
the Verkhovna Rada in the second reading and generally supported the draft law No. 3656, which provides for the reduction in the VAT rate from 20% to 14% on the transactions of supply and import to Ukraine of individual agricultural products, particularly cattle (0102), live swine (0103), whole milk (0401), wheat (1001), rye (1002), barley (1003) oats (1004) maize (1005), soybeans (1201), Flaxseed (1204), canola (1205) and sunflower seeds (1206), as well as other oilseeds (1207), sugar beet...
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The spread of mutated coronavirus lowers oil prices may have an impact on grain prices
21.12.2020
news about distribution in the UK and other countries is a mutated strain Covid-19 oil prices reacted with a sharp fall that may soon reduce the price of agricultural products. Head of health UK Matt Hancock December 14, reported the discovery by scientists of a new strain coronavirus, which applies to 70% faster than other known strains, especially among young people, and is associated with the rapid spread Covid-19 in the South-Eastern part of England. Most European...
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Purchase prices for grains in Ukraine on December 21, 2020
21.12.2020
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 ↓ 143 Wheat mill offals 5100 ↓ 300 Mustard seeds 15000 12100 ↑ 50 Peas 8550 7983 8120 255 Buckwheat ...