News

In the September supply and demand balance, USDA experts lowered their forecast world production of oilseeds crops in 2021/22 MG by only 0.36 million tons to 629.16 million tons (601.14 million tons in 2020/21 MG), as the expected decrease in the canola crop in Canada by 2 million tons will be offset by an increase in soybean production in the United States by 1 million tons and rapeseed in Australia.   Forecast global processing oilseeds were reduced by 1.27 million tons to 528.2...

The new USDA corn balance sheet surprised market participants with a larger-than-expected increase in forecasts for global corn production and stocks, both for the United States and China.   After estimates of global corn production and consumption declined significantly in the August report, in the September balance sheet production forecast corn in my 2021/22 was again increased by 11.65 million tons to 1197.77 million tons (1115.1 million tons in my 2020/21) due to an increase in...

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 10000 Wheat mill offals 4400 Mustard seeds 27000 5800 Peas 9600 8950 6925 295 Rye grade II 5000 ↑ 100 ...

The warm and dry weather established in the main grain – producing countries has accelerated the harvesting of late crops, and also contributes to the sowing of winter crops. Within 10-14 days, meteorologists promise light precipitation, which will have a positive impact on winter crops.   In the US corn belt, dry and hot weather will prevail in the next 7-14 days, which will contribute to the maturation and drying of grain, as well as the beginning of harvesting early crops....

The decision of the USDA a month earlier to publish a report on the areas of sowing and harvesting soybeans and corn has been putting pressure on quotes for a week. Traders expect a sharp increase in the area of sowing, as a result of which production forecasts will be significantly increased.   Under the pressure of this news, September corn futures on the Chicago SWOT fell by 11.5% to 1 195.3/ton in two weeks, and December - by 7.6% to.201.6/ton, which is the lowest level in the...

Yesterday, traders on global stock exchanges actively sold wheat contracts due to a lack of understanding of possible changes in the forecasts of global wheat and corn production in a new USDA report. If the USDA sharply increases its forecast for the US corn harvest, then its prices will fall and lead to wheat prices.   September US futures fell sharply yesterday: by 6 6.33 / ton to Чикаго 254.3/ton for soft winter SRW wheat in Chicago, by 8 8.08/ton to H 250.6/ton for...

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 10000 Wheat mill offals 4400 Mustard seeds 27000 5800 Peas 9640 8950 ↑ 117 6925 ↓ 1995 295 Buckwheat 20500 ↑...

The warm and dry weather established in Ukraine contributes to the acceleration of harvesting of sunflower and soybeans, but most of the crops have not yet ripened, so the supply of sunflower of the new crop is delayed.   High global prices for vegetable oils support sunflower prices, although experts expected their seasonal decline. This week, purchase prices for sunflower increased by another 200-300 UAH/ton to 16500-17000 UAH/ton with delivery to the plant, but only the southern...