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Wheat prices fall in anticipation of harvests in Argentina and Australia
01.11.2019
Wheat quotes continued to fall under pressure from the slow pace of exports and in anticipation of customers new crop from Argentina and Australia. Argentina has already threshed 6.6 million hectares or 3.5% of the area of wheat. Experts BAGE has reduced the forecast of wheat production by 1 million tonnes to 18.8 million tonnes because of the shortage of precipitation during the main stages of development of crops and partial damage by the recent frosts. However, farmers are...
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The dollar on the interbank market again fell below 25 UAH/$
01.11.2019
on the last day of October the dollar on the interbank market continued to decrease and fell to 24.75/24 and 78 UAH/$ in comparison with 25,10/25,13 UAH/$ a week ago and 24,90/24,93 UAH/$ a month ago, while experts predicted its increase to 25.3 to 25.5 UAH/$. the Reason to strengthen the hryvnia remains the excess of the sentences of foreign currency on demand thanks to strong exports and high levels of borrowing through government bonds. at the end of the month...
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Purchase prices for grains in Ukraine on November 1, 2019
01.11.2019
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, $ Mustard seeds 11000 Peas 5975 5250 5200 185 Buckwheat 12500 13500 Rye 5700 Rye grade II 5400 Coriander...
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The price of sugar has not taken into account the forecast reduction of production
31.10.2019
In Ukraine, with 149 thousand hectares or 68% of the area excavated 6.5 million tonnes of sugar beet with an average yield of 43,8 t/ha. According to experts "Ukrtsukor", in the new season as of October 30, from 5.53 million tonnes of sugar beet produced 810,2 thousand tons of sugar. On a specified date operates 31 factory of the projected 32. In comparison with last year the acreage under sugar beet was reduced by 30% and sugar production will decrease by...
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Corn prices rise after wheat quotations
31.10.2019
Yesterday, December corn futures in Chicago rose 2.3% to 153,77 $/t on the background precipitation in the corn belt, which will delay harvesting. Prices supports the growth of ethanol production, and the hope of increased demand on the physical market after a sharp rise in price of wheat. According to estimates by traders due to rain with snow on 3 November in the US, the corn will be collected on 50% of the area, but after the weekend weather for 5-7 days to...
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India increases imports of Russian sunflower oil
31.10.2019
Starting in 2016/17 MG India each season is importing at least 2 million tons of sunflower oil, and in 2019/20 MG can increase its purchase of 8% to 2.6 million tonnes Already in 2020/21 MG import of sunflower oil could rise to 3 million tonnes, and by 2022/23МР – up to 3.5 mln t. this was stated by the President of Sunvin Group Sandeep of Bagora at the international conference "fat-and-oil industry -2019". the Main suppliers of sunflower oil to India, Ukraine,...
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Purchase prices for grains in Ukraine on October 31, 2019
31.10.2019
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, $ Mustard seeds 11000 Peas 5925 5250 5200 185 Buckwheat 12500 13500 Coriander 15250 Corn 4471 ↓ 22 3745 3643 ↑ 4...
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Precipitation in the United States retain the harvest
30.10.2019
In most regions of the U.S. Midwest this week were rain and snow, against the background of low temperatures delayed the harvesting of soybeans and corn. As of 27 Oct corn collected at 41% of the area, and soya – by 62%, which is the worst figure for the last 10 years. However, the warm and dry weather at the end of the week will accelerate the harvest. Dry weather on the Northern Plains, contributes to the gathering, while rain and snow to the Southern Plains will have a...