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Lower stock wheat prices will stop the growth of prices for Black Sea wheat
05.08.2021
After rapid growth on Monday, wheat quotes on world stock exchanges remained stable on Tuesday, but yesterday they fell sharply against the background of increased sales by traders. Markets expect new USDA forecasts for wheat production in the main exporting countries-the United States, Canada, Ukraine and Russia, which will be released next week. Low customer activity against the background of a seasonal increase in offers will lead to lower prices in the near...
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The government of Ukraine plans to strengthen control over the turnover of GMO products and liability for violations
05.08.2021
The Cabinet of ministers at a meeting on August 4 approved draft laws that provide for strengthening state control over the turnover of GMO goods and the use of GMOs, as well as responsibility for violations in this industry and creating mechanisms to prevent such violations. The government believes that the adoption of these bills will create transparent rules for doing business related to GMO products, and strengthen state control in this area. The introduction of new procedures...
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Purchase prices for grains in Ukraine on August 5, 2021
05.08.2021
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 10200 Wheat mill offals 5100 4250 Peas 7650 7425 230 260 Corn 6792 11700 6245 260 240 Flax 15500 ...
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Purchase prices for wheat in Ukraine are growing rapidly following the global ones
04.08.2021
Due to the rapid growth of wheat prices on world stock exchanges, traders in Ukraine also raised purchase prices for wheat, especially against the background of restraining sales by producers. Russian agencies continue to lower their forecasts for the country's wheat harvest, which contributes to a rapid increase in prices. Yesterday, SovEcon experts reduced the forecast of the wheat harvest in Russia by 5.9 million tons to 76.4 million tons, which is even less than the 80.2...
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Egypt's cancellation of the tender will increase pressure on the prices of vegetable oils, especially sunflower oil
04.08.2021
The approach of harvesting soybeans and sunflowers against the background of favorable weather for crops increases pressure on the prices of soybean and sunflower oil. In Russia, in the current season, the area of sowing oilseeds increased by 15% from 14.3 to 16.5 million hectares, in particular sunflower – from 8.48 to 9.64 million hectares, soybeans – from 2.8 to 3 million hectares, rapeseed – from 1.49 to 1.68 million hectares. Thanks to good conditions,...
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Purchase prices for barley in Ukraine are growing against the background of rising prices for wheat and corn
04.08.2021
Updated data on the harvesting campaign confirms an increase in barley production by 30-35%, which increased pressure on prices at the beginning of the season. However, in the last week, barley prices received support from the rapid rise in the price of wheat and corn. As of July 29, 6.863 million tons of barley were threshed in Ukraine from 1.671 million hectares or 68% of the area with a yield of 4.11 t/ha (3.54 t/ha last year). The forecast for the harvest was raised to 10.5...
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Purchase prices for grains in Ukraine on August 4, 2021
04.08.2021
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 10200 Wheat mill offals 4250 Peas 7650 7200 ↑ 100 7425 230 260 Corn 6792 11700 6229 260 240 Flax 15500 ...
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Wheat prices started the week with rapid growth
03.08.2021
On Monday, wheat prices on world stock exchanges rose rapidly on forecasts of a decline in the harvest in Canada, the United States and Russia. Against this background, the price of Black Sea wheat at the next tender in Egypt increased by another 1 14/ton and exceeded F 260/ton FOB. Icarus agency lowered its forecast for the wheat harvest in Russia by 3 million tons to 78.5 million tons, while Rusagrotrans estimates it at 80.2 million tons. however, due to the lower-than-expected...