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The rise in oil prices led to an increase in quotations for vegetable oils
07.12.2021
Oil prices started the week with strong growth amid Saudi Arabia's decision to raise prices for all grades of oil supplied to Asia and the United States from January. In addition, concerns about the danger of the Omicron coronavirus strain are reduced. January Brent crude futures on the ICE Futures Europe exchange rose 5.1% to 7 73.5/barrel yesterday, and WTI crude on the New York NYMEX exchange-5.33% to 6 69.8/barrel, recovering from a 20% drop in...
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Grain exports from Ukraine are 17% higher than last year's pace, while those from Russia are 19% behind
07.12.2021
According to the State Customs Service, Ukraine exported 26.076 million tons of grain and leguminous crops in my 2021/22 as of December 6, which is 16.9% or 3.779 million tons higher than last year's figure. According to the forecast of the Ministry of Agrarian Policy, Ukraine exports 56 million tons of grain and leguminous crops in my 2021/22 (against the USDA forecast of more than 60 million tons), which is 25% higher than the export of the 2020/21 season. As of...
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Purchase prices for grains in Ukraine on December 7, 2021
07.12.2021
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 4000 Peas 10050 10450 ↑ 550 10000 315 Rye 5500 220 Rye grade II 220 Green peas 13000 ...
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The Canadian Bureau of Statistics has released the final data on the harvest in 2021
06.12.2021
On December 3, The Statistical Office of Canada (StatsCan) published the final report on the 2021 harvest, in which, due to dry conditions in the country, it slightly reduced the estimate of wheat, canola, barley and soy production, but hung the estimate of the corn crop. The report's data correspond to preliminary estimates of analysts, so it almost did not affect stock quotes. As a result of the drought in Western Canada, wheat and canola yields decreased by 33-40%, which is...
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On Friday, stock prices for wheat resumed their decline
06.12.2021
Last week, there was strong volatility in wheat prices on global stock exchanges. At the beginning of the week, prices fell as traders considered the market overheated, but active purchases by importers of new volumes pushed quotes up. The pace of wheat sales in the main exporting countries is quite low, while export forecasts until the end of the season are high. Given the traditional drop in importer activity in the second half of the season, only problems with the new crop will...
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The hryvnia exchange rate remains under pressure from political tensions and speculative demand
06.12.2021
Last week, the hryvnia exchange rate on the interbank foreign exchange market of Ukraine stabilized after rapid growth, and the dollar rose by only 7 kopecks from 27.25/27.27 UAH/. to 27.32/27.34 UAH/.. The threat of a Russian military invasion of Ukraine is being questioned by more and more experts, so the markets will calm down. In addition, the parliament adopted the budget for next year, and oil prices began to decline on world markets, which will reduce the demand and cost of...
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Purchase prices for grains in Ukraine on December 6, 2021
06.12.2021
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 4000 Peas 10050 9900 10000 315 Rye 5500 217 Rye grade II 220 Green peas 13000 Corn 7224...
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FAO experts lowered their forecast for global grain production and consumption in my 2021/22
03.12.2021
FAO experts lowered their forecast compared to November estimates world-class production grain in my 2021/22 by 2.1 million tons to 2791 million tons, which is still 0.7% or 19.2 million tons higher than last year's figure and will be a record. In particular, feed grain production will increase by 1.4% to 1,503 million tons compared to the previous season, and wheat production – by 1% to 769.6 million tons. rice production will grow by 0.9% to a record 518 million tons, despite a...