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Corn prices are falling amid China's plans to buy Brazilian grain
26.05.2022
The July corn futures in Chicago fell 3.2% to $ 300 / t from the beginning of the week, and the June corn futures in Paris fell 4.6% to € 347.75 / t or $ 371.4 / t news about the signing of an agreement between China and Brazil on the supply of corn, data on accelerating sowing in the United States and steps to unblock exports from Ukrainian ports. During the week, another 23% of the area in the United States was sown with corn, and as of May 22, 72% had already been sown,...
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Wheat continues to fall in price on the news of a possible unblocking of Ukrainian ports
26.05.2022
Since Tuesday, wheat prices on world stock exchanges have fallen by 1-2% amid talks to unblock Ukraine's ports through agreements with Russia or with the help of an international military convoy proposed by some countries, including Britain. Last week, after India banned exports, wheat prices reached record levels, so traders decided to record profits. Despite calls from the United States and other countries not to close exports during such a difficult time, India is not...
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Purchase prices for grains in Ukraine on May 26, 2022
26.05.2022
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 EXW elevators, UAH FCA, UAH DAF, $ CIF, $ Wheat mill offals 1550 Corn 5525 5133 244 ↓ 1 223 ↓ 37 rapeseed cake 10500 10000 Rape-seed oil 1000 Sunflower- oil 1200 1275 ↑ 92 Wheat grade II 6500 327 ↑ 3 300 ↓ 23 Wheat grade III 5700 310 ...
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Rapeseed prices are falling amid rising supplies from Australia and harvest forecasts for Canada
25.05.2022
Russia's war against Ukraine keeps world oil prices at $ 114 / barrel. This supports rapeseed prices, but during the week against the backdrop of improving prospects for a new harvest, quotations on rapeseed in Paris fell by 5.5% and canola in Chicago - by 2.8%. The reduction in prices is facilitated by the acceleration of canola sowing in Canada and the increase in rapeseed supplies from Australia to the EU. According to the Australian Bureau of Statistics, in March, canola...
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APK-Inform experts lower forecast of sunflower oil production in Ukraine in 2022/23 MY
25.05.2022
On May 24, APK-Inform lowered the forecast for sunflower oil production in Ukraine in 2022/23 MY by 7% to 5.3 million tons, although estimates of sunflower harvest remain unchanged at 9.2 million tons. Ukraine is the world's largest producer and exporter of sunflower oil, and in 2021/22 MR grew 16.6 million tons of sunflower. However, Russia's invasion and fighting in eastern and southern Ukraine, where most sunflowers are grown, worsen production prospects in the new...
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Purchase prices for grains in Ukraine on May 25, 2022
25.05.2022
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 EXW elevators, UAH FCA, UAH DAF, $ CIF, $ Wheat mill offals 1550 Corn 5525 5133 245 223 ↓ 49 rapeseed cake 10500 10000 Rape-seed oil 1000 Sunflower- oil 1200 1175 ↓ 8 Wheat grade II 6500 327 ↑ 3 323 Wheat grade III 5700 310 ↑ 13 ...
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Wheat quotes started the week with new growth
24.05.2022
Since the beginning of the week, wheat prices have resumed against the backdrop of a complex world wheat balance in 2022/23 MY and the risks of deteriorating food security in the world due to Russian aggression and the blockade of Ukrainian ports. Indian authorities have allowed the export of wheat registered with customs before May 13 and the shipment of wheat to Egypt, already loaded at the port of Kandla, which has eased some pressure on prices late last week. It will be...
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Palm oil rose by 2.5%, which supported the prices of sunflower oil
24.05.2022
After the lifting of the three-week ban on palm oil exports from Indonesia on May 23, the story is not over, as the government has resumed requirements for exporters to sell 10 million tons of products on the domestic market to reduce prices. Quotations of palm oil on the stock exchange in Malaysia are sensitive to political decisions. Thus, against the background of the ban, they rose to 7100 ringgit / t or 1620 $ / t, and after its abolition - fell to 6072 ringgit / t or 1383 $ /...