-
After speculative growth, corn prices decline
05.07.2021
After the release of USDA reports on grain stocks and acreage in the United States, Chicago corn prices jumped by 7%, but on Friday the market turned around and July corn futures fell by 3.3% to четвер 274.4/ton, almost leveling Thursday's growth, and December fell by only 1.6% to.227.9/ton, adding almost 11% in price from Monday. Today in the United States, the stock exchanges will have a day off to celebrate "Independence Day", so the markets will focus on trading on the...
-
Purchase prices for grains in Ukraine on July 5, 2021
05.07.2021
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 10000 Wheat mill offals 4475 Mustard seeds 12000 Peas 7800 9000 ↑ 50 240 Buckwheat 20500 Rye...
-
Wheat prices decline after speculative growth
02.07.2021
After a rapid increase in wheat prices that occurred against the background of a "bearish" USDA report, where estimates of sowing areas and quarterly wheat stocks were lower than traders expected, yesterday quotes declined under the pressure of reality, namely data on export sales and exports for the week. Export sales of US wheat of the 2021 harvest for the week fell by 40% to 226 thousand tons, which is lower than analysts ' expectations, and a total of 6.4 million...
-
Palm oil prices rose to the highest level in three weeks
02.07.2021
The tightening of quarantine in Indonesia, as well as India's decision to reduce import duties on vegetable oil and allow the import of refined palm oil, led to a further increase in palm oil prices to the highest level in three weeks. According to a report by the Ministry of Finance of India dated June 29, India reduced its basic import duty on crude palm oil (CPO) from 15% to 10% from June 30 for a period of three months, including an additional agricultural tax of 17.5%, and...
-
Lack of precipitation and hot weather in the spring wheat growing area are the main weather factor on the market
02.07.2021
During the growing season of agricultural plants, markets remain under pressure from the weather factor in the main grain producing and exporting countries. This week, the weather continued to increase speculative sentiment due to abnormal heat in Canada and the northwestern United States: frosts and snow in Brazil, as well as increased heat with a lack of precipitation in Central and eastern Russia. Frosts and light snow in southern Brazil in the states of Paraná and Mato...
-
Purchase prices for grains in Ukraine on July 2, 2021
02.07.2021
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 10000 Wheat mill offals 4475 Mustard seeds 12000 Peas 7800 8950 240 Buckwheat 20500 Rye grade IV ...
-
Due to small stocks and sowing areas corn prices increased by 7%
01.07.2021
Yesterday, the USDA released two important reports: on grain reserves as of June 1 and the final sowing areas for the 2021 harvest. these indicators were lower than traders expected, to which prices reacted with an increase of 7%. July corn futures rose by 3.7% to 2 285.4/ton, and December – immediately by 7.3% to.231.5/ton, having added 13% in price since Monday. Quotes were supported by data from the US Energy Agency EIA on an increase in ethanol production for...
-
In Canada, the area of sowing barley, canola and soybeans was increased, but wheat, corn and peas were reduced
01.07.2021
According to a report by the Statistical Office of Canada dated June 29, the country's farmers significantly increased the area of sowing canola, soybeans, barley and lentils, but reduced the area of sowing wheat, corn, peas and oats. Compared to last year, the area of canola sowing increased by 8.2% to 22.5 million acres or 9.11 million hectares, but due to the abnormal heat in the country, November canola futures rose by another 2% to 811.7 CAD/ton or 6 654/ton, adding 10% of...