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Romanian wheat wins tender in Egypt for the fourth time
15.07.2021
The decline in prices for Black Sea wheat continues, and importers are increasing the pace of purchases, and exporters are also trying to sell as much as possible at high prices against the background of increased harvest forecasts, fearing further price declines. Competition between sellers in the Black Sea region is increasing, putting pressure on prices, primarily due to Romania, where farmers are more actively reducing prices against the background of crop growth this...
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Purchase prices for grains in Ukraine on July 15, 2021
15.07.2021
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, $ Vetch 10000 Wheat mill offals 4475 Mustard seeds 12000 Peas 7550 6500 9000 230 250 Buckwheat 20500 Corn ...
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In June India reduced imports of vegetable oils by 17%
14.07.2021
According to experts from the Solvent Extractors' Association of India, in June, India reduced imports of vegetable oils to 996 thousand tons compared to 1.25 million tons in the previous month (-17% per month) and 1.2 million tons that were purchased in the same period last year. According to the data, India in June reduced imports of palm oil by 23.6% – to 587.5 thousand tons against 769.6 thousand tons in May, soy - by 23%, to 206.2 (267.8) thousand tons. imports of...
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Vegetable oil prices received support from data from the July USDA report
14.07.2021
Vegetable oil prices continued to rise after the release of the July USDA report, as analysts expected a more significant increase in production forecasts in 2021/22 MG. Experts of the US Department of Agriculture increased their forecast for world production of vegetable oils by 0.79 million tons to 216.96 million tons, which is 8.9 million tons more than last season, due to an increase in world production of sunflower oil by 0.64 million tons to 21.79 million tons compared to the...
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Lower forecast of wheat production in Russia stopped the fall in prices for Black Sea wheat
14.07.2021
After lowering the forecast of wheat production in Russia by 1 million tons to 85 million tons from USDA experts, yesterday the Russian consulting agency SovEcon lowered its forecast for the wheat harvest in Russia in 2021 by 2.3 million tons. tons up to 82.3 million tons. t due to a lower than expected yield at the beginning of the harvesting campaign. As of July 12, 1.96 million hectares of wheat were threshed in Russia and 6.46 million tons were threshed with a yield of 3.29 t/ha compared to...
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Purchase prices for grains in Ukraine on July 14, 2021
14.07.2021
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, $ Vetch 10000 Wheat mill offals 4475 Mustard seeds 12000 Peas 7550 6500 ↓ 300 9000 230 250 Buckwheat 20500 ...
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Soybean and rapeseed prices are growing despite an increase in the forecast of global oilseed production from the USDA
13.07.2021
In the July balance of supply and demand (WASDE), experts of the US Department of Agriculture increased the forecast of total world oilseed production in 2021/22 MG by 2.55 million tons compared to June estimates to a record 635.41 million tons against 600.2 million tons this season, mainly due to an increase in estimates of the sunflower crop in Russia by 2 million tons. While forecasts for rapeseed and soybean production remained virtually unchanged, and soybean stocks even...
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Wheat prices rose sharply amid the forecast of a reduction in production in the United States
13.07.2021
The updated global wheat balance from the USDA yesterday caused a sharp increase in wheat prices on US stock exchanges due to lower forecasts for spring wheat production in the United States, as well as the first reduction in the forecast for global wheat production in the new season. Experts of the US Department of Agriculture in a July report adjusted the forecast of wheat consumption in 2020/21 MG in the direction of increase by 3.4 million tons, which led to a sharp decrease in...
