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Soybean prices are actively recovering after falling to a multi-month low
29.03.2023
The fall in soybean prices accelerated last week, with traders expecting further declines. However, markets turned sharply higher on Friday, and in three sessions soybean futures rose 3.2% to last week's level of $533/t (-2% for the month, +3.1% for the year). The rebound was driven by increased buying by traders after last week's sell-off, as well as forecasts of lower US soybean inventories due to buoyant exports, although the harvest in Brazil is weighing on...
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Purchase prices for grains in Ukraine on March 29, 2023
29.03.2023
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, $ DAF, $ CIF, $ Wheat mill offals 2967 Mustard seeds 60000 44000 Peas 7380 10000 Buckwheat 111 Corn 7400 6012 ↑ 43 7300 ↑ 450 5329 202 ↑ 3...
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Quotations for corn are actively recovering after a long fall
28.03.2023
After a long decline in the price of corn at the end of last week, the rise resumed, which continued on Monday against the background of a 4.9% increase in the price of oil. The main reason for the decline in prices for agricultural products was speculative sales caused by traders' efforts to switch to more reliable assets against the background of a possible banking crisis. However, statements by central banks to support regional banks eased traders' concerns and they...
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Due to a new wave of political tension, the price of oil rose by 4-4.9%, which will support the prices of vegetable oils
28.03.2023
The intentions of the Russian Federation to deploy tactical nuclear weapons in Belarus increase geopolitical risks, which leads to an increase in the prices of oil and other raw materials. Oil quotations support the decision of the Russian Federation to reduce production by 500,000 barrels per day. And the statement of the US authorities about the possible extension of the credit line to support regional banks reduced traders' fears about the continuation of the banking...
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Purchase prices for grains in Ukraine on March 28, 2023
28.03.2023
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, $ Wheat mill offals 2967 Mustard seeds 60000 44000 Peas 7380 ↓ 873 10000 Buckwheat 111 Corn 7400 5969 6850 5329 ↓...
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Soybean oil prices in South America fell to a 2-year low
27.03.2023
According to Platts, part of S&P Global Commodity Insights, soybean oil prices for May delivery fell to $988.55/t both FOB Up River (Argentina) and FOB Paranaguá (Brazil) on March 22, which is the lowest level since January 27, 2021. Against the backdrop of a drop in soybean oil prices on FOB in both countries by almost 20%, futures also fell by 15% on SWOT. Despite a significant decline in Argentina's soybean harvest, traders are focused on a record...
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Traders moved from speculative selling of wheat contracts to active buying
27.03.2023
Speculative price jumps continue on wheat exchanges, due to traders' efforts to find reliable assets where it is most profitable to invest in anticipation of a crisis. Last week, traders actively sold agricultural assets, including wheat contracts, as a result of which prices fell to a 15-month low. However, there are no fundamental reasons for such a fall, so it is purely speculative in nature. On the news about Russia's intentions to limit the export of wheat, stock...
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Wheat, rape and corn on Euronext rose in price by 4.8-5.9% on rumors of a possible restriction of exports from the Russian Federation
27.03.2023
During the last month, on the Euronext exchange, quotations for wheat and corn fell by 15%, and for rape - by more than 30% against the background of active selling of futures by traders. Taking profits from falling prices, traders began to buy back previously sold contracts at the end of the week, which led to a slight increase in quotations. However, information about Russia's intentions to limit the export of certain crops led to a speculative jump in prices by 4.8-5.9%. The...
