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USDA downgrades South American soybean crop forecast less than analysts expected
10.02.2022
In the New Balance of supply and demand, USDA experts, as in January, continued to lower forecasts for the soybean harvest in South America due to the drought in the southern regions. However, the estimate was lowered less than analysts expected. In addition, forecasts for soybean consumption and imports for China were lowered, which will increase pressure on oilseed prices in the near future. Compared to the January report, the New World balance sheet for oilseeds for my...
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The USDA corn balance did not meet traders ' expectations and postponed the intrigue to March
10.02.2022
Analysts had expected USDA experts to significantly lower their corn crop forecasts for South America, imports for China, and final inventory estimates in a February report. However, the balance sheet data has changed quite slightly compared to January, so the main intrigue is postponed to March, when more information about the harvest in South America will be received. For the US, the balance sheet was also almost unchanged, although analysts had expected an increase in ethanol...
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USDA experts surprised the market with a lower forecast of global wheat production and stocks
10.02.2022
In the February wheat balance sheet, USDA experts unexpectedly lowered their forecast for global wheat production and stocks for the market, although analysts expected an increase in crop estimates for Argentina and Australia in line with forecasts from local agencies. Compared to the January report, the new world wheat balance sheet for my 2021/22 made the following changes:: Rating initial inventory increased by 1 million tons to 289.87 million tons (295.99...
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Purchase prices for grains in Ukraine on February 10, 2022
10.02.2022
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 20000 Wheat mill offals 3600 Peas 10950 14000 325 Rye 7500 6200 218 Rye grade III 7500 Rye grade IV...
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Purchase prices for sunflower seeds remain under the influence of various factors
09.02.2022
Prices for oilseeds are showing rapid growth this season amid a reduction in the global rapeseed crop, and now soybeans in South America. On the one hand, this supports sunflower prices, although they remain under pressure from a record harvest and low demand for sunflower oil. Last week, due to the strengthening of the hryvnia exchange rate against the dollar by 2%, purchase prices for sunflower seeds in Ukraine decreased by 300-400 UAH/ton to 20000-20150 UAH/Ton (7 714-770/ton...
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A sharp decline in freight rates in January indicates a drop in demand for grain
09.02.2022
In January 2022, the freight situation for all bulk carrier sizes deteriorated sharply. This was stated in an exclusive interview for APK-Inform by freight columnist, candidate of Economic Sciences Valery Voynichenko. According to the expert, the Baltic freight tonnage index (BFI) decreased by 38% in January from 2,285 points to 1,418 points. The average value of the BFI in January was 1,761 points, which is 1,000 points lower than in December 2021 and only 100 points higher than...
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Palm and soybean oil prices fell by 3-4% in anticipation of updated global balance sheets
09.02.2022
A long weekend in Asia to celebrate the new year reduced trading activity in the palm oil market, while soybean oil prices continued to rise and hit an 11-year high. Earlier this week, April palm oil futures on the Malaysian stock exchange fell 3% from a record 5,617 ringgit/t or.1,342/t to 5,445 ringgit/t or. 1,302/t on the back of a 25% decline in exports from Malaysia in January compared to December. Prices for soybeans and soybean oil continued to rise rapidly on...
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Purchase prices for grains in Ukraine on February 9, 2022
09.02.2022
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 20000 Wheat mill offals 3600 Peas 10950 14000 ↑ 1750 325 Rye 6200 218 Rye grade II 6500 Corn 8382...
