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Quotations of European corn are falling, despite forecasts of a reduction in the harvest
18.08.2022
The global market remains under the pressure of uncertainty associated with low demand, which is not recovering even in spite of a sharp decline in crop forecasts in EU countries. The heat in the US and the EU has almost no effect on quotations, as the market expects the new harvest to be harvested, while the remnants of the old still remain unrealized. In addition, due to rains during harvesting in the EU, Ukraine and the Russian Federation, the share of fodder wheat...
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Purchase prices for rapeseed in Ukraine remain under the pressure of low demand
18.08.2022
The decrease in quotes for rape and canola on world exchanges increases the pressure on the export prices of Ukrainian rape, which, against the background of low demand from buyers, may soon turn prices down. In Canada, the weather is favoring the formation of the canola crop, and if these conditions continue for a few more weeks, the market will see a significant increase in supply, especially given the drop in demand for oilseeds from China. According to experts at...
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Purchase prices for grains in Ukraine on August 18, 2022
18.08.2022
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 DAF, $ CIF, $ Wheat mill offals 700 Mustard seeds 55000 700 Buckwheat 43500 Rye 4000 Rye grade II 4500 Coriander 25000 Corn 5117 4500 4707 ↑...
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Palm oil fell in price by 5.4% after raising the forecast for the production of vegetable oils
17.08.2022
In August's supply and demand balance sheet, USDA experts again raised their forecasts for global vegetable oil production, trade, processing and stocks amid expected increases in soybean, sunflower and canola crops. September palm oil futures on Malaysia's Bursa exchange fell 5.4% to 4,182 ringgit/t, or $936/t, since Monday, but are still 10% above last month's level. If the decline in oil prices continues, the quotations of the cheapest palm oil currently on the...
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Prices for wheat, especially European and Black Sea wheat, accelerate the fall under the pressure of a record harvest in the Russian Federation
17.08.2022
As wheat is harvested, it becomes clear that the harvest in the Russian Federation will exceed a record 90 million tons. This has led to a collapse in prices within the country and reduced the prices of Black Sea wheat offers, which increases the pressure on European grain quotations. As of August 15, 67.8 million tons of wheat were threshed from 15.4 million hectares or 52% of the area in Russia with a yield of 4.4 tons/ha, while last year a total of 76 million tons were...
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Purchase prices for grains in Ukraine on August 17, 2022
17.08.2022
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 DAF, $ CIF, $ Wheat mill offals 900 Mustard seeds 55000 700 Buckwheat 43500 Rye grade III 200 Coriander 25000 Corn 4975 4500 4626 199 ↓ 1 248 ↑ 1...
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USDA expects canola production to reach record levels in FY 2022/23
16.08.2022
In the August balance of oilseed crops for 2022/23 MY, USDA experts sharply increased the forecast of world rapeseed production, primarily due to a 60% increase in the harvest in Canada compared to last year, which will exceed the average annual indicator by 15%, as well as an increase in production in EU countries , Ukraine and Australia due to high world prices. Rapeseed and canola sowing areas are 5.5% higher than last year and amount to 39.81 million hectares, which is 11% higher than the...
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USDA experts' increase in the forecast of world production of oilseeds increases the pressure on prices
16.08.2022
In the August balance sheet, USDA experts raised their forecasts for world production and stocks of oilseeds in FY 2022/23, which is in line with June estimates. The increase in soybean, rapeseed and sunflower harvest estimates increases the pressure on the prices of oilseeds and their processing products. At the same time, the oil trade forecast has been lowered again, primarily due to a reduction in soybean exports from Brazil, as well as an estimate of vegetable oil consumption,...