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Corn prices were supported by rising oil prices and ethanol production
25.11.2021
An unexpected 2-3% increase in oil prices supported corn prices and kept them from falling, which analysts expected against the background of traders ' profit-taking on the eve of a long weekend. December corn futures on the Chicago Stock Exchange fell only to 2 229.8/ton yesterday, as they were supported by an increase in ethanol production. The fall in wheat prices has not yet affected the corn market, but it expects Friday's report on export sales, which are likely to...
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Purchase prices for food wheat in Ukrainian ports have crossed the level of UAH 10,000 / ton
25.11.2021
Global wheat prices fell yesterday amid traders ' profit-taking after a rapid increase the day before. However, in Ukraine, food wheat continued to rise in price due to a shortage of supplies and a 2.6% decline in the hryvnia exchange rate against the dollar. December European wheat futures on Paris Euronext after rising on Monday-Tuesday by 12 €/ton to a record 311.5 €/ton yesterday fell by 5.25 €/ton to 306.25 €/ton or 343.5 € /ton, adding 9.4% for...
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Purchase prices for grains in Ukraine on November 25, 2021
25.11.2021
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 3800 Peas 9950 9800 10000 320 Rye 220 Rye grade II 5700 Rye grade III 5400 Corn 8073 ...
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Vegetable oil prices remain under pressure from uncertainty with demand
24.11.2021
The prolonged fall in oil prices increased pressure on vegetable oil prices and limited the increase in demand for them from the bioethanol industry. Even yesterday's increase in oil prices by 2.2-2.8% did not significantly affect the quotes of vegetable oils, so traders are waiting for the results of importers ' tenders. On November 25, the Egyptian state agency GASC will hold an international and domestic tender for the purchase of 10 thousand tons of sunflower and 30...
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Oil prices rose 3% after the decision of the United States and other countries to open strategic reserves
24.11.2021
Yesterday, US President Biden said that the country will sell 50 million barrels of oil from strategic reserves as part of agreements with the authorities of Great Britain, Japan, South Korea, India and China to increase oil supplies from reserves in order to reduce prices for it. However, the market reacted to this statement with an increase in quotations by 2.5% after a long fall from October highs of 8-10%. January Brent crude futures on the ICE Futures Europe exchange rose 2.8%...
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The Ministry of infrastructure proposes to establish a 45-year service life of grain carriers, and UZ has restricted their shipment abroad
24.11.2021
On Monday, November 22, the Ministry of infrastructure of Ukraine published a revised draft order "on approval of the procedure for conducting a complex of diagnostic, repair and registration operations aimed at extending the service life of freight cars (except for freight cars of technological railway transport enterprises intended for moving goods for production purposes within the territory of such enterprises), established by the manufacturer, the terms of extending the operation of...
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Purchase prices for grains in Ukraine on November 24, 2021
24.11.2021
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 3800 Peas 9950 9800 10000 320 Rye 220 Corn 8064 ↑ 32 6983 ↓ 11 6248 ↑ 17 266 260 295 Flax 21000 ...
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Soybean prices are falling under pressure from falling demand, despite the growth of wheat and corn markets
23.11.2021
The rapid rise in global food wheat prices keeps feed wheat and corn prices close to record levels, while prices for soybeans and soybean meal, which is the main raw material for feed, remain under pressure from falling demand. Lower pork prices in China and the United States, as well as increased soybean yields in the United States and Brazil, are increasing pressure on soybean prices. As of November 21, soybeans in the United States are harvested on 95% of the area,...