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Rapeseed prices in Ukraine remain high, but they are under pressure from lower demand
07.09.2021
Usually, Ukraine exports rapeseed most actively from July to the end of September, as traders try to ship the purchased volumes before the start of the corn export season. However, in the current season, the number of exporters has significantly decreased, and logistics problems lead to the suspension of rapeseed acceptance by ports. Now the purchase prices for rapeseed have increased to the maximum levels of 670-675 $/ton or 20000-20700 UAH/ton with delivery to the port, but after...
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Higher corn crop forecasts in the US increase pressure on prices
07.09.2021
Most experts expected that corn prices would rise to the level of the previous season against the background of rising wheat prices, but favorable weather conditions for the development of crops in the United States, Ukraine and the EU over the past month have increased pressure on quotes. In the USDA report on acreage announced on September 10, which is usually published in October, soybean and corn sowing areas may be increased to the levels that analysts predicted back in the...
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Purchase prices for grains in Ukraine on September 7, 2021
07.09.2021
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, $ Vetch 10000 Wheat mill offals 4400 Mustard seeds 27000 Peas 9250 ↑ 200 8850 ↑ 533 8867 Buckwheat 19375 ...
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According to the FAO forecast, global grain consumption in the new season will be a record
06.09.2021
In the new report, FAO experts lowered their forecast for global grain consumption in 2021/22 MG by 1.7 million tons to 2,809 million tons, which is still 1.4% or 40.1 million tons higher than in 2020/21 mg and will be a new record. The forecast for wheat consumption was lowered by 2.2 million tons to 777 million tons, which is 2.4% or 18.5 million tons higher than in my 2020/21. The forecast for wheat consumption for feed has been lowered due to lower supply and higher prices for...
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Tender in Turkey and reduction of harvest in Russia support prices for Black Sea wheat
06.09.2021
On Thursday and Friday, wheat prices recovered from the fall at the beginning of the week, which stopped the decline in prices for Black Sea wheat. SovEcon experts lowered their forecast for the wheat harvest in Russia from 76.2 to 75.4 million tons due to low spring wheat yields in the Volga region and beyond the Urals. As of September 3, 66.9 million tons of wheat with a yield of 2.97 t/ha were threshed in Russia from 22.5 million hectares or 78% of the area. It...
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The dollar exchange rate on the interbank market remains below UAH 27/ попри despite attempts by speculators to swing it
06.09.2021
Last week, the trend of an increase in the dollar exchange rate by the middle of the week was repeated again, followed by a fall. On Thursday, the dollar exchange rate reached 27.05/27.04 UAH/ грн, but on Friday it decreased, and only the purchase of excess currency by the National Bank stopped the strengthening of the hryvnia. In general, during the week, the dollar rose from 26.84/26.86 UAH/. to 26.87/26.89 UAH/. against the background of a significant volume of currency...
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Purchase prices for grains in Ukraine on September 6, 2021
06.09.2021
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, $ Vetch 10000 Wheat mill offals 4400 Peas 9050 ↑ 100 8200 8867 ↑ 50 Buckwheat 19375 Rye 5000 Corn 7313 ...
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Egyptian GASC acquired a large batch of vegetable oils amid lower world prices
03.09.2021
Yesterday, the Egyptian GASC agency held two tenders: for the purchase of local and imported vegetable oils, as a result of which it purchased 63 thousand tons for delivery from October 20 to November 5 at lower prices than at previous tenders. Seasonal declines in prices for sunflower and soybean oil are increasingly boosting importers in purchasing, but importers expect further price declines. The bid prices for this tender were lower than the bid prices for the...