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After a slight adjustment on Monday, oil prices continued to fall yesterday and lost another 4% on news about a new strain of coronavirus, which, according to vaccine manufacturers, bypasses existing vaccines, and therefore it will take several months to produce new ones. Friday's drop in oil prices had almost no effect on palm oil prices, but yesterday the pressure increased, and palm oil fell by 4%, and soybean oil – by 5.4%.   January Brent crude futures on the ICE...

In the wheat market, the number of "bearish" factors of influence is increasing, which increases pressure on quotes, especially given the forecasts of increased production in Australia and lower oil and corn prices.   Precipitation in the Black Sea region replenishes moisture reserves on winter crops and reduces concerns about the fate of the future crop. The good condition of winter crops in Europe further puts pressure on prices.   December European wheat...

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 9800 Rye 220 Rye grade II 5700 220 Corn 8088 ↓ 6 7056 ↓ 22 7125 6545 ↑ 3 266 ...

Yesterday, the European Exchange Euronext continued to fall in prices for wheat and corn, which began on Friday, caused by increased quarantine restrictions in EU countries due to the appearance of a new strain of coronavirus.   Oil prices on Friday fell by 13-14%, which increased pressure on the markets, but on Monday morning they rose by 5-6%, and before the end of the session they fell to 7 72.6/barrel. As a result, December corn futures on the Euronext exchange fell by 7.25...

Updated forecasts for wheat production in Australia and Argentina have increased pressure on global stock exchanges and led to a drop in quotations in both the US and the EU. Even Egypt's purchase of a large batch of wheat at a higher price than two weeks ago did not support the quotes.   Last week, Argentina raised its wheat harvest forecast to a level higher than the USDA's November estimate, and yesterday the Australian Bureau ABARES increased its forecast for the...

On November 29, the Egyptian state food procurement operator GASC held an international tender for the purchase of food wheat for delivery on January 9-20, 2022. Traders predicted that the volume of purchases will be insignificant, as world wheat prices have risen sharply, although there is a gradual decline in quotations on the exchanges.   The number of applications submitted for the tender increased to 11, in particular, there were two offers of French wheat at the price of 359.79...

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 9800 10000 Rye 220 Rye grade II 5700 220 Rye grade III 5400 Corn 8094...

Global oil prices collapsed on the news about the appearance and rapid spread of a new strain of coronavirus "Omicron", which may lead to increased quarantine restrictions due to the introduction of new lockdowns.   January Brent crude futures on the ICE Futures Europe exchange on Friday fell 13% to 7 72/barrel, and WTI crude on the New York NYMEX exchange-15% to 6 68/barrel.   WHO experts said that the new strain of coronavirus has a larger number of mutations,...