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Lower harvest forecast in Brazil and heat wave in the US keep corn prices at a high level
08.06.2021
Forecasts for the corn harvest in Brazil and the United States this week will be the main drivers of the global corn market, as they are expected to be lowered in the June report of the USDA, released on Thursday. Brazilian analysts lowered their estimates of corn production in Brazil to 90-95 million tons, which is significantly lower than the May forecast of the USDA of 102 million tons. last week, IHS Markit Agribusiness lowered its forecast for the total corn harvest in the...
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Purchase prices for grains in Ukraine on June 8, 2021
08.06.2021
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, $ Wheat mill offals 5300 Mustard seeds 12000 Peas 8200 9000 252 Corn 8508 8188 ↓ 4 7803 270 ↑ 1 239 235 Flax 18000 Lupine ...
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Heat wave in the US warms up stock prices for wheat
07.06.2021
The increase in drought and heat on the American Plains, which will last for another week, significantly affects wheat prices, especially spring wheat, the condition of which was already bad, and after a week of heat it will worsen even more, as will be known from the weekly report of the USDA. Export sales of old-crop wheat from the United States due to the cancellation of previously announced sales turned out to be negative and amounted to minus 33 thousand tons, and the total...
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Soybean oil prices rose sharply again
07.06.2021
The rise in oil prices last week to a two-year high provided strong support to vegetable oil markets, which resumed growth again. July soybean oil futures rose the most in Chicago, which once again updated the record. Palm oil futures in Malaysia were also actively rising in price at the end of the week, which contributed to the recovery in demand for Ukrainian sunflower oil, whose prices have recently fallen significantly. On the Chicago Stock Exchange, after a slight...
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The hryvnia exchange rate against the dollar gradually continues to strengthen
07.06.2021
Under the pressure of an increase in currency supply on the interbank market, the dollar exchange rate on Friday from the morning 27.32/27.34 UAH/. at the end of trading decreased to 27.24/27.26 UAH/., and only the purchase of excess currency by the National Bank stopped further decline. At Friday's auction, buyers were in no hurry to buy foreign currency on the interbank market and offered no more than UAH 27.20/. for it, so sellers were forced to meet it halfway, which led to...
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Purchase prices for grains in Ukraine on June 7, 2021
07.06.2021
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, $ Wheat mill offals 5300 Mustard seeds 12000 Peas 8300 9000 258 Corn 8525 ↑ 42 8192 ↑ 1 7803 270 239 ↓ 12 235 Flax 18000 ...
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Increased heat in the United States remains the main factor influencing the prices of corn and wheat
04.06.2021
In addition to the drought in the central regions of Brazil, which worsened forecasts for corn production, a new factor in supporting prices was adverse weather conditions in the Northern Plains of the United States, which will reduce the spring wheat harvest. Therefore, despite the beginning of the harvest, exchange prices continue to rise. In the central regions of Brazil, dry and hot weather Reigns. The lack of precipitation during the week amid unusually high temperatures will...
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In Ukraine, purchase prices for wheat are 4 40-45 / ton lower than for corn
04.06.2021
In Ukraine, there is a paradoxical situation when, against the background of high export demand and a shortage of supplies, purchase prices for corn in the port reached 2 280-285/ton, while prices for food wheat remain at a low level of.235-240/ton due to a significant volume of offers from producers and low export demand. This is due to the lack of feed wheat on the market, which Asian buyers could replace corn, as well as a greater demand for wheat of the new crop than the old...
