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Lack of demand continues to cool vegetable oil markets
31.05.2021
Overheated vegetable oil prices continue to fall under pressure from declining demand for expensive oils, as buyers prefer cheaper types of oils or contract new crop oil at a lower price, forcing sellers to lower spot supply prices. So, July soybean oil futures, which since the beginning of may have grown on the Chicago SWOT from3 1,380 to.1,500/ton and became the main driver of market growth, have now fallen to. 1,450/ton, and December futures have fallen to. 1,295/ton against the...
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High world prices for goods exported by Ukraine increase pressure on the dollar exchange rate
31.05.2021
For more than two weeks, the hryvnia exchange rate against the dollar on the interbank market has remained stable at UAH 27.5/. due to several factors that will contribute to its strengthening in the next 2-3 months. First, there are significant foreign currency receipts and an increase in its supply on the interbank market, due to high world prices for the main export groups of Ukrainian agricultural products, iron ore and steel. During the year, prices for...
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Wheat prices turned down again under the pressure of fundamental factors
31.05.2021
After a speculative jump on Thursday, wheat prices on world stock exchanges ended the week with a drop of 1.5-2% under pressure from an increase in production forecasts. IGC experts in the May report lowered the forecast of global wheat production from 790.4 to 790.1 million tons compared to April estimates, which will significantly exceed 773.8 million tons of the 2020/21 season. at the same time, the decrease in production forecasts for Canada from 34.1 to 32.3 million tons (35.2...
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Purchase prices for grains in Ukraine on May 31, 2021
31.05.2021
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, $ Wheat mill offals 6200 5300 Mustard seeds 12000 Peas 8500 9000 258 Corn 8392 8064 ↓ 5 7802 265 259 235 Flax 18000 ...
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Corn prices rose by 5.5% and recouped the previous drop
28.05.2021
Yesterday on the Chicago Stock Exchange, corn prices rose by 6%, having won back the fall on Tuesday. The reason was the first online meeting of trade representatives of the United States and China, at which plans were agreed to fulfill the terms of the first phase of the trade agreement. China also promised to import 22.8 million tons of corn from the United States in my 2021/22. Chinese importers have already purchased 5.1 million tons of corn from the 2021 harvest in the United...
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After a prolonged fall on wheat exchanges there was a speculative price adjustment
28.05.2021
Yesterday, a speculative adjustment of wheat prices took place on world stock exchanges, supported by a sharp growth in the corn market, although fundamental factors in the form of a significant volume of offers in the new season and a decline in export rates continue to put pressure on quotes. July futures for soft pashnitsa in Chicago for the first time in 9 trading sessions, during which they lost 2 21.58/ton, turned to the top, although thanks to speculators who massively...
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The weather mainly contributes to the formation of crops, but the drought in Brazil reduces the yield of corn
28.05.2021
Heavy May rains in the main grain exporting countries are helping to improve the prospects for the future harvest, but in Brazil, second – crop corn crops have been suffering from a lack of precipitation for the second month, which leads to lower production forecasts and speculative price increases. Last week in the south of Brazil there were light rains, which slightly improved the condition of corn crops, but in the central state of Mato Grosso, where this year the area of...
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Purchase prices for grains in Ukraine on May 28, 2021
28.05.2021
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, $ Wheat mill offals 5300 Mustard seeds 12000 Peas 8500 9000 258 Corn 8383 ↑ 8 8070 ↓ 49 7805 265 258 ↑ 2 235 Flax ...