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Purchase prices for grains in Ukraine on March 18, 2020
18.03.2020
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, $ CIF, $ Vetch 2900 Wheat mill offals 2900 Mustard seeds 12000 Peas 6625 5950 ↑ 150 6438 Buckwheat 13000 Rye...
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The vegetable oil markets immediately responded to the stock market collapse
17.03.2020
prices of vegetable oils, which mostly depend on oil prices yesterday came under strong pressure drop in stock indices and oil prices caused by the pandemic virus Covid-19. the Closure of the borders between countries reduces the demand for oil and the introduction of the quarantine and prohibition of work of establishments reduces demand for products. Yesterday the price of Brent crude fell 14% to $30/barrel, per month decreased by half and reached its low 2016 level....
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Wheat futures continued to fall following the stock markets
17.03.2020
Monday, wheat prices continued to fall after a new collapse of the stock and commodity markets. New coronavirus is now actively spreading in Europe because their economy is more affected by the pandemic. To increase the probability of a global recession, financial markets reacted another collapse. the the May futures for milling wheat on MATIF fell by 2.25 €/t up to 6-month low 175,25 €/t or 195,76 $/t Prices would drop even more if they...
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Another collapse of the stock markets lowers prices for agricultural products
17.03.2020
on Monday, major stock indexes on the US stock exchanges decreased by 12% amid the announcement of quarantine and closing borders many countries that will stop the development of the world economy. Markets do not support any reduction in fed interest rates to 0.25% and the program support markets at $ 1.5 trillion dollars. Traders believe that such cutting steps of the state indicate a misunderstanding of the depth of economic decline due to pandemic coronavirus, so the panic...
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Purchase prices for grains in Ukraine on March 17, 2020
17.03.2020
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, $ CIF, $ Vetch 2900 Wheat mill offals 2900 Mustard seeds 12000 Peas 6550 5800 6438 Buckwheat 13000 14500 Rye...
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Forecast soybean production for Argentina was reduced due to moisture deficit
16.03.2020
the experts of the Grain exchange of Buenos Aires has lowered the forecast of soybean production in Argentina this season, with 54.5 to 52 million tons because of increased precipitation deficit in the provinces of Cordoba and Santa Fe. Earlier, the Grain exchange Rosario has lowered the forecast of soybean production is 55 to 51.5 million tons. In the March WASDE report forecast of soybean production in Argentina increased by 1 million tons to 54 million tons, while...
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The fall in wheat prices slowed down
16.03.2020
on Friday, the voltage across wheat exchanges decreased, but the quotes continued to decline because of the uncertainty of the impact of the pandemic virus Covid-19 for the world economy. Despite the good pace of exports and the victory in the tender in Algeria, the French wheat market turned down. Falling prices have limited information about the condition of the winter wheat crop in France, the number of which in good or excellent condition for the week decreased by 1% to 63%,...
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Lowering the fed rate today will support the markets
16.03.2020
the Evening of March 15, the fed announced the decision to lower the target range for the Federal funds rate to 0-0. 25% to support the economy ahead through coronavirus Covid-19 quarantine. the Rate will remain low until the Federal Committee on open market operations, the fed will not be convinced that the economy is able to overcome new challenges. This decision is supported by U.S. financial market, and major stock market indices rose by 9.3%, in particular Dow...