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Despite the decline in oil prices and neutral report by the USDA vegetable oil continue to rise in price
11.03.2021
In the March report, the experts USDA raised its forecast for world production of oilseeds 0.75 million tonnes to 596 million tons (due to the increase of the soybean crop in Brazil and canola in Australia), and their processing by 1.21 million tonnes to 514 million tonnes, resulting in the production of oil cake and meal will increase by 1.15 million tonnes At the same time, the forecast of production of vegetable oils reduced by 200 thousand tons to 209,38 million tons (compared to 207,33...
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Purchase prices for grains in Ukraine on March 11, 2021
11.03.2021
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 15000 12000 Peas 11000 10400 330 290 Green peas 10000 Coriander 21000 ...
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Unexpectedly for the market in the report, the USDA increased the forecast production, export and oilseed stocks
10.03.2021
In the March balance experts, the USDA increased the forecast production, exports and ending stocks of oilseeds that surprised market participants who had expected a decline to forecast soybean crop in Argentina and, as a consequence, a reduction in ending stocks. the Bearish nature of the report increased pressure on the prices of oilseeds, but the market is still suffering from a shortage of proposals on the background of deterrence sales producers in anticipation of further...
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Forecasts of production and consumption of wheat in the report USDA increased to record levels
10.03.2021
a Significant reduction in the new USDA report estimates of ending stocks of wheat as result of a significant increase in forecasts of production and consumption has surprised analysts and supported the stock quotes. In comparison with the previous report, a score world production wheat experts USDA increased by 3.34 million tons to a record 776,78 million tonnes (763,92 million tonnes in 2019/20 MG), in particular, to Australia – 3 million tons to 33 million tons (15.2 MT in...
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Bearish USDA report increases pressure on corn prices
10.03.2021
In the March report, the experts, the USDA increased the forecast of production of fodder crops in 2020/21 MG 5.9 million tonnes to 1444,8 million tonnes due to the increase of the corn crop in South Africa and India, and barley in Australia. A corresponding increase in ending stocks with the increase of the acreage in the new season will increase pressure on the price of feed grain. Under the pressure of the new report and downs of the prices of oil futures on corn on the stock...
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Purchase prices for grains in Ukraine on March 10, 2021
10.03.2021
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 15000 12000 Peas 11000 10400 ↓ 25 8944 330 290 Green peas 10000 Coriander 21000 ...
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The depreciation of the Euro increases the competitiveness of European wheat
09.03.2021
Yesterday, the wheat exchange, the U.S. has continued to fall under the pressure of heavy rainfall forecasts in the agricultural regions of the American Plains and the strengthening of the dollar against the Euro to 1,186 $/€, which is a maximum of 3.5 months. wheat Exports from the U.S. last week rose by 41% to 482,1 kt, and just season amounted to 18.6 million tonnes, which is 3.5% less than last year's pace. the Amount of winter wheat crop in good or...
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Prices for corn and soy complex was supported by a sharp rise in the stock markets and oil
09.03.2021
New package of support for the U.S. economy and drones attack on oil facilities in Saudi Arabia has led to a rapid increase in stock prices and oil prices, which further supported the quotes and soybean oil, and corn that grew in anticipation of the March WASDE report. the Senate supported the allocation of 1.9 trillion $ to combat the impact of the pandemic and to support the economy, thanks to which every American family with a combined income of less than 150 thousand $ a year...