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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...

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 ...

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...

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...

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...

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 ...

Refinitiv Trade Flows data show that Egypt reduced wheat imports in my 2020/21. In addition, he does not plan to increase it next season, hoping for a good harvest of his own.   For the first 10 months of the 2020/21 season, Egypt reduced wheat imports by 1% compared to the same period of the previous marketing year to 11.58 million tons, which is 10% higher than the 5-year average of 10.52 million tons.   Typically, Egypt's general Commodities Authority GASC, which is...

The European agricultural crop monitoring agency (MARS) in its May report raised its forecasts for winter crop yields in the European Union due to recent precipitation.   Thus, in comparison with April estimates, the forecast yield of soft wheat was increased from 5.81 t/ha to 5.86 t/ha, winter barley – from 5.83 to 5.89 t/ha, rapeseed – from 3.19 to 3.21 t/ha.   Improved yield forecasts for France, Romania, Hungary, Bulgaria and some countries in southern and...