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The high price of vegetable oil reduces the activity of buyers
18.06.2020
the Gradual growth of prices for vegetable oil have led to decline in demand from buyers, and a possible second wave Covid-19 in China and political tensions escalate between China and India in General can deploy the price down. Egyptian GASC June 16 cancelled the tender for the purchase of 40 thousand tons of vegetable oils for too high prices. bid Prices of Ukrainian sunflower oil with delivery in July-August remain at a high level 770-780 $/t FOB for a limited...
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The price of corn new crop grow in spite of favorable weather conditions
18.06.2020
corn Prices in Chicago rose slightly against the background of the hot weather last week in the corn belt of the United States, despite bearish USDA report, which downgraded its forecast for world corn production. Next week in the Midwest USA and in Ukraine will pass rains and the heat subsides, which will create favorable conditions for corn crops. In the USA the number of corn in good or excellent condition for the week decreased by 4% to 71% compared to 59% for this...
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Active collection lowers the price of wheat
18.06.2020
Dry weather in the US helped strengthen collection of wheat, while Europe, Ukraine and Russia are just starting to harvest what is pressuring the wheat market. Yesterday, the July wheat futures in Chicago fell to 8-month low, under pressure from the news about the situation in the countries of the Northern hemisphere. In Russia, an independent and official experts have begun to increase crop forecasts, and MSG stated that export quotas will not be, at least in the...
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Purchase prices for grains in Ukraine on June 18, 2020
18.06.2020
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, $ Vetch 9000 Wheat mill offals 4150 3600 Mustard seeds 12000 11000 10980 Peas 6867 ↓ 383 6850 ↑ 175 6438 Buckwheat 16600 18000 ...
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A webinar on the topic: "Review of current configuration "Accounting in agriculture"
17.06.2020
Dear partners / friends. we Invite you to listen to the Webinar on the topic: "a review of the current configuration "Accounting in agriculture". On the "webinar" will showcase the following features: the the Given CROP: the Accumulation of costs in the section of fields and crops; the the Reflection of fuel costs in view of fields and crops; the Working with process maps; Storage Analytics costs; the the Accrual of incentive...
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Exports of rapeseed from Ukraine to EU in the new season can complicate changes in the law
17.06.2020
Last year, the price of rapeseed in Ukraine has decreased by 5-10 $/MT because of weather conditions, the oil content of seeds was 41-42% in comparison with the conventional 43-44%. This year exports will be complicated by the presence of rapeseed chlorpirifos that is used during the growth as broad-spectrum insecticide action. In February 2020, came into force changes in the European legislation, which banned the use of insecticides containing chlorpirifos and chlorpirifos-methyl,...
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Russia plans to keep and improve quotas on grain exports in the new season
17.06.2020
the Ministry of agriculture has issued for public discussion a bill that would streamline the export of grain after the introduction of quotas for shipment abroad. the Ministry of agriculture plans to continue to use quotas on grain exports to ensure food security of the country, but will continue to consider quota for actual shipments. The extension of export quotas in the new season will lead to a rise in world wheat prices because of the uncertainty with supply volumes of wheat...
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Weather conditions help to increase crop forecasts in Ukraine and Russia
17.06.2020
Weather conditions that prevailed in the black sea region countries in early June, contributed to the accumulation of soil moisture reserves, development of crops and increase the yield potential of wheat. This has allowed analysts to increase forecasts of grain harvest in Ukraine and Russia in 2020/21 MG. Experts Refinitiv increased compared to the previous estimate, the forecast of wheat production in Ukraine by 5% to 26.8 million tons (25,5-31 million tonnes), in Russia –...