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Updated forecasts for wheat production in Australia and Argentina have increased pressure on global stock exchanges and led to a drop in quotations in both the US and the EU. Even Egypt's purchase of a large batch of wheat at a higher price than two weeks ago did not support the quotes.   Last week, Argentina raised its wheat harvest forecast to a level higher than the USDA's November estimate, and yesterday the Australian Bureau ABARES increased its forecast for the...

On November 29, the Egyptian state food procurement operator GASC held an international tender for the purchase of food wheat for delivery on January 9-20, 2022. Traders predicted that the volume of purchases will be insignificant, as world wheat prices have risen sharply, although there is a gradual decline in quotations on the exchanges.   The number of applications submitted for the tender increased to 11, in particular, there were two offers of French wheat at the price of 359.79...

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 4000 Peas 10050 9800 10000 Rye 220 Rye grade II 5700 220 Rye grade III 5400 Corn 8094...

Global oil prices collapsed on the news about the appearance and rapid spread of a new strain of coronavirus "Omicron", which may lead to increased quarantine restrictions due to the introduction of new lockdowns.   January Brent crude futures on the ICE Futures Europe exchange on Friday fell 13% to 7 72/barrel, and WTI crude on the New York NYMEX exchange-15% to 6 68/barrel.   WHO experts said that the new strain of coronavirus has a larger number of mutations,...

Friday's collapse in world oil prices by 13-15% led to a drop in stock indexes, which increased pressure on the quotes of cereals and oilseeds. This week, wheat prices will remain under pressure from forecasts of lower demand due to new restrictions and lockdowns, as well as increased production in Australia and Argentina.   The Buenos Aires Grain Exchange increased its forecast for wheat production in Argentina by 0.5 million tons to 20.3 million tons due to its good...

Last week, the interbank foreign exchange market of Ukraine continued to fall in the hryvnia exchange rate against the dollar, caused by speculative growth in demand for the currency and a decrease in supply due to the weekend in the United States on Thursday and Friday. Information about the increased likelihood of a Russian military invasion of Ukraine and the domestic political situation increases the demand for foreign currency, which has already grown from energy importers and sellers of...

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 4000 Peas 9950 9800 10000 Rye 220 Rye grade II 5700 Rye grade III 5400 Corn 8097 ...

On November 25, the state – owned Egyptian operator GASC held international and domestic tenders for the purchase of vegetable oils, where it purchased an unexpectedly large batch of soybean oil-69 tons at once with the planned 30 thousand tons, but refused to purchase 10 thousand tons of sunflower oil due to the high price of offers. At the same time, the price of imported soybean oil was 4 42/ton higher than local oil.        On international at the...