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Yesterday, the wheat market received many new support factors. IGC experts lowered the forecast of global wheat production by 1 million tons to 788 million tons, and the estimate of Final reserves by 3 million tons to 280 million tons compared to 773 million tons and 279 million tons, respectively, in the 2020/21 season.   Experts of the Hydrometeorological center of Russia reduced the forecast of grain production by 11 million tons to 121 million tons, in particular wheat...

Yesterday, experts of the Hydrometeorological center of Russia against the background of drought and unfavorable weather lowered the forecast of grain production in the country to 121 million tons, which is 2.5% or 11 million tons lower than last year's figure. The Black Sea wheat market immediately reacted to this.   However, the Ministry of Agriculture denied this forecast and called it an "information release" for price manipulation.   According to...

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 7600 6900 7225 230 260 Corn 6792 6149 240 Chick-peas 16500 Oats 5900 Rape-seed oil ...

The decision of the Indian authorities to reduce the export duty rate on crude palm oil in August by 20% to 9 93/ton due to the indicative price from which the duty is calculated, yesterday collapsed palm oil quotes on the Malaysian stock exchange by 3%, which offset the growth since the beginning of the week. Due to the reduction of the indicative price to 2 268/ton, all fees for palm oil exports in August will decrease by 8% compared to July to.268/ton.   October palm oil futures...

Due to dry weather in the prairies of Canada, oil world analysts lowered their forecast for canola production in the country in 2021 by 1.7 million tons to 16.9 million tons, which is 2 million tons lower than the 2020 harvest.   In a July report, USDA experts predicted canola production in Canada at 20.2 million tons, compared with last year's 19 million tons.   In July, the weather in the Canadian Prairies did not contribute to the development of canola and spring...

Yesterday, wheat quotes on world stock exchanges grew on data on low spring wheat yields in the United States and precipitation forecasts in Europe, which will delay harvesting.   September soft wheat futures in Chicago after a 4-day drop yesterday turned to the top on crop-tour data for North Dakota, where the yield of spring wheat is 32% lower than the 5-year average. The first day of surveys showed a yield of 2 t/ha compared to 3.07 t/ha in 2019.   According to...

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 7600 6900 ↑ 100 7225 ↑ 90 230 260 Corn 6792 6149 ↓ 330 240 Chick-peas 16500 Oats 5900 Millet...

In recent weeks, purchase prices for wheat in Ukraine have been falling under pressure from falling quotations on world stock exchanges, an increase in global supply and the strengthening of the hryvnia exchange rate against the dollar.   During July, prices for food wheat in the ports of Ukraine decreased from 7000 UAH/ton to 6600-6650 UAH/ton-or 210-215 $/ton, but in recent days they have recovered to 6700-6750 UAH/ton or 218-220 // ton. the increase in Hryvnia prices limits the...