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A sharp decline in palm oil prices increases pressure on soybean and sunflower oil prices
09.11.2021
An explosive increase in palm oil prices in Malaysia in October predictably led to a decline in export supplies, an increase in stocks, and a pullback in prices, which in turn weighed down the prices of soybean and sunflower oils. Palm oil futures on the Malaysian stock exchange hit a new record of 5,071 ringgit/t (. 1,222/t) last week, but fell 3.9% to 4,880 ringgit/t (. 1,175/t) on Friday amid negative export and inventory data for October. According to Reuters...
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Purchase prices for corn in Ukraine lost 1 10 / ton in a few days and continue to decline
09.11.2021
As predicted, the acceleration of corn harvesting in the Northern Hemisphere, as well as forecasts of an increase in the global corn crop, turned prices around after a rapid increase. The decline in world oil prices and an increase in corn supplies to ports led to a pullback in corn prices by about 1 10/ton, leveling the growth in the previous week. January Brent crude futures on the ICE Futures Europe exchange continue to recover slowly after falling a week ago, but are trading...
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Purchase prices for grains in Ukraine on November 9, 2021
09.11.2021
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, $ Wheat mill offals 3800 Mustard seeds 30000 Peas 10050 9700 9617 320 315 Buckwheat 23000 Rye 205 Green peas 13000 ...
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Soybean prices remain under pressure from global production growth forecasts
08.11.2021
Ahead of tomorrow's release of the November supply and demand report (WASDE), it continues to improve its forecasts for an increase in global soybean production this season, which increases pressure on prices. In the November report, FAO experts raised their forecast for global soybean production for 21/22 by 2.2 million tons to 382.3 million tons, which is 16.8 million tons higher than the level of production last season. According to analyst surveys,...
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Wheat quotes on stock exchanges are declining in anticipation of the November USDA report
08.11.2021
Wheat quotes on world stock exchanges reached record values last week, but by the end of the week they fell and will remain at the same level on Monday in anticipation of updated World balance sheets from the USDA. The main focus of traders remains on the estimate of the wheat harvest in Russia, which in the October report was at the level of 72.5 million tons, while official data show that about 77 million tons have already been collected. If USDA experts sharply raise their...
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NBU repurchases 314.5 million rubles. dollars to contain further strengthening of the hryvnia
08.11.2021
Last week, the dollar exchange rate on the interbank market gradually declined and again lost 20 kopecks a week ago, falling on Friday to 26.10-26.12 UAH/.. The increase in the supply of foreign currency from state-owned companies increased pressure on the dollar exchange rate on the interbank market, especially on Thursday and Friday, but the National Bank of Ukraine (NBU) set the minimum level of buying the dollar at UAH 26.10, and bought out all the excess offers, which stopped...
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Purchase prices for grains in Ukraine on November 8, 2021
08.11.2021
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, $ Wheat mill offals 3800 Mustard seeds 30000 Peas 10050 9700 9700 320 315 Buckwheat 23000 Rye 200 Corn 7703 ↓ 106 6727 ↓...
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A new protein synthesized by China will help reduce the country's dependence on soybean imports
05.11.2021
The Chinese Academy of Agricultural Sciences said the country was the first in the world to successfully synthesize protein from carbon monoxide, and increased its production capacity to 10,000 metric tons. Protein Clostridium autoethanogenum it is a new type of feed protein synthesized from carbon monoxide found in industrial gases. Gradually, it can replace soy protein, which will bring significant profits to China, which imports soybeans from other countries. Xue...