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Corn prices rose sharply amid increased purchases by China
20.01.2020
March corn futures in Chicago on Friday played pre-3-day decline and rose by 3.6% to 153,3 $/t on the rumors about the search for Chinese customers, parties corn on the West coast of the United States. These rumors though were not supported by the actual procurement, however, gave speculators a reason to heat up prices. have slowed the market news about purchase South Korean refiner batch of U.S. corn for delivery in April at a price of 215 $/t Asian buyers in...
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Purchase prices for grains in Ukraine on January 20, 2020
20.01.2020
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, $ Mustard seeds 10500 Peas 6435 5533 ↑ 233 185 ↓ 3 Buckwheat 14000 Corn 4684 ↑ 15 4072 4217 3676 168 152 Flax 10100 ...
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Corn prices are falling due to forecasts of increasing harvest in Argentina
17.01.2020
Following the wheat market yesterday, corn prices fell under the pressure of increased harvest forecasts of corn in Argentina. After a strong rain, which were held in major regions of Argentina and has improved the moisture of the soil and the state of soybeans and corn, farmers have resumed planting. At the moment soybeans planted 97% of corn and 91%. the Experts of the Board of trade of Rosario has increased the forecast of the corn crop in Argentina in 2019/20 MG to...
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Cancel "soy edits" stimulates export demand for soybeans and canola
17.01.2020
Yesterday, the Verkhovna Rada adopted the bill No. 1210, amending the Tax code of Ukraine, in particular, repeals the so-called "soy dressing". Recall that on 21 December 2017, the Parliament introduced rules which override reimbursement to the traders VAT on exports of soybeans in the period 01.09.2018-31.12.2021 and rape in the period 01.01.2020-31.12.2021. This has reduced the purchase of soya traders for the currency and has reduced its exports through the refiners...
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Wheat prices drop under pressure from speculative factors
17.01.2020
Thursday the stock price for wheat in the EU and the United States fell under pressure of active sales, as investors after sharp jump of the prices recorded profits. Quotes are not supported even by a prolonged dock strike in France, and active export of wheat from the United States. According to experts of the Grain exchange Buenos Aires, Argentina, where we finish wheat harvest, and produced 18.8 million tonnes, just 1% below the record of last season. the Market for...
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Purchase prices for grains in Ukraine on January 17, 2020
17.01.2020
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, $ Mustard seeds 10500 Peas 6435 5533 ↑ 233 188 Corn 4668 ↑ 30 4072 ↑ 187 4217 3682 168 152 Flax 10100 Chick-peas 9000 ...
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Russia's intention to limit exports supported wheat prices
16.01.2020
Yesterday wheat markets have grown with the support of the outcome of the tenders in Egypt and Turkey, forecasts increase of export of grain from France and the news about the intention of the Ministry of agriculture of Russia temporarily restrict grain exports in the second half of the season to 20 million tonnes, with a Corresponding resolution of the government of Russia needs to take in January, however, his resignation could delay the introduction of restrictions. the Market...
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Falling prices for palm oil presses on the markets of oilseeds
16.01.2020
March futures on palm oil exchange in Malaysia since the beginning of the week fell by 6.3% over the refusal of the Indian buyers to buy Melissa production due to the political disputes between the two countries. Yesterday they fell by 2% and crossed the psychological level of 3000 Ringgits/t, down to 2945 Ringgits/t or 722,88 $/t According to the estimations of surveyors, Malaysia in the first half of January 569,2 exported thousand tons of palm oil, which exceeds...