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Rising wheat prices support new crop corn prices
03.08.2021
The corn market was supported by a rapid speculative increase in wheat prices, driven by lower forecasts for spring wheat production in the United States and Canada due to the heat wave. Forward prices for corn in Ukraine are also rising, although the weather contributes to the development of crops, and precipitation that will pass in the coming days will improve the prospects for the future harvest. On the Chicago SWOT yesterday, December corn futures rose 2.6% to 2 220.1/ton,...
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The purchase price of wheat at the tender in Egypt increased again by 1 14 / ton
03.08.2021
A sharp increase in prices for Black Sea wheat, due to lower production forecasts for the United States, Canada and Russia, led to the fact that the purchase price at the tender of the Egyptian grain agency GASC increased by another ще 14/ton compared to the auction on July 27. The trend of reducing the number of bids continued, and only 5 bids were submitted for yesterday's tender, compared to 11 a week ago and 18 three weeks ago. There were no offers of Ukrainian wheat,...
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Purchase prices for grains in Ukraine on August 3, 2021
03.08.2021
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, $ Wheat mill offals 4250 Peas 7593 ↑ 100 7100 ↑ 100 7425 ↑ 200 230 260 Corn 6792 6229 240 Chick-peas 16500 Oats 5550 ...
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Rosstat reduced the area of winter wheat sowing in Russia in 2021 by 7.5%
02.08.2021
After a dispute between the Hydrometeorological Center and the Ministry of Agriculture of Russia regarding grain production forecasts in 2021, Rosstat published an updated report on crop sowing areas for 2021. According to its data, 15.6 million hectares of winter wheat were sown in farms of all categories for the 2021 harvest, which is 7.5% lower than last year's figure and significantly lower than Rosstat's forecast of 16.9 million hectares made at the end of...
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Report on the state of crops in Canada collapsed quotes for rapeseed and canola
02.08.2021
Updated reports on the state of crops in the Canadian provinces of Saskatchewan, Manitoba and Alberta, released on Friday, showed a further deterioration in the state of crops, but the canola market reacted to them with a drop of 4.1%,followed by rapeseed prices fell by 3%. Traders expected worse performance, so they actively sold off contracts. As a result, canola fell to 842 CAD/ton or 6 675/ton, which is 8% lower than the two-week level, but 1.4% higher than last month's...
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The hryvnia exchange rate on the interbank market will continue to strengthen in August
02.08.2021
Last week, under the pressure of increasing currency supply, the dollar exchange rate fell from 26.95/26.97 UAH/. to 26.78/26.8 UAH/.. To slow down the strengthening of the hryvnia, the National Bank was forced to buy back.136 million during July 26-30, compared to. 32 million in the previous week. Since the beginning of the year, the dollar has fallen in price against the hryvnia by 4.9%, and the euro – by 8.1%. Experts believe that the strengthening of the hryvnia exchange...
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Purchase prices for grains in Ukraine on August 2, 2021
02.08.2021
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, $ Wheat mill offals 4250 Peas 7493 7000 7225 230 260 Corn 6792 6229 240 Chick-peas 16500 Oats 5550 Rape-seed oil ...
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Next week, the main producing countries will have less favorable weather for crop formation
30.07.2021
The weather conditions that have been established since last week and will prevail next week will again become the main drivers of prices for cereals and oilseeds. Against the background of climate change, abnormally high temperatures, excessive precipitation or frosts with snow are increasingly observed. In southern Africa last week frosts reached -6 OhSnow has fallen, while in the northwestern United States and Russia, as well as in Canada, abnormal heat Reigns, associated with...