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USDA experts predict a decrease in China's corn imports in my 2021/22
08.10.2021
Last year, corn prices rose amid unusually high rates and volumes of grain imports by China. Therefore, in the current season, analysts are trying to estimate the volume of purchases. According to USDA experts, China will import 26 million tons of corn in my 2021/22, which will correspond to the level of the previous season, although it will increase its own grain production from 260.7 to 273 million tons compared to last year. At the same...
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Increased precipitation in South America accelerates sowing
08.10.2021
In the countries of the Northern Hemisphere, the weather contributes to the completion of late harvesting and sowing of winter crops, and in South America, in particular in Brazil, an increase in precipitation can accelerate the sowing of soybeans and corn. In the US corn belt, weather conditions continue with above-normal temperatures and periodic rains, which contribute to harvesting and the development of winter crops. In areas of the Southern and Northern Plains,...
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Purchase prices for grains in Ukraine on October 8, 2021
08.10.2021
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 5100 Mustard seeds 22000 Peas 9500 ↓ 100 9000 100 ↓ 6267 300 310 Buckwheat 23000 Rye 185 ...
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The decline in the forecast of exports from Russia and world stocks led to an increase in wheat prices
07.10.2021
Wheat prices on global stock exchanges received new support factors and accelerated growth, especially in Europe, where corn prices rose significantly due to the delay in harvesting. The Russian Ministry of Agriculture lowered its forecast for grain exports from the country in 2021/22 MG from 51 to 45-48 million tons, in particular wheat – from 37.6 to 32 million tons, which gave a boost to quotations, especially after a lower production forecast and a likely decrease in the...
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Accelerating harvesting in the US and Ukraine and sowing in Brazil increases pressure on prices
07.10.2021
Due to dry weather and early ripening, corn harvesting in the United States is faster than usual, and an increase in supply leads to a decrease in stock prices. In Ukraine, farmers primarily harvest soybeans and sunflowers, and the delay in harvesting corn forces traders to raise prices for deliveries to the port in October. Heavy rains in southern Brazil and still insignificant in the center, as well as precipitation forecasts for the next week, contribute to the acceleration of...
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Egypt bought wheat for 6 6.6 / ton more expensive than in September
07.10.2021
Yesterday, Egyptian GASC at the next tender purchased 240 thousand food wheat for delivery on November 11-20 at an average price of F 320.51/ton FOB or 3 351.6/ton C&F, which is 7 7.42/ton FOB and C 6.67/ton CFR higher than at the previous auction on September 8. In particular it was purchased: 180 thousand tons of Russian wheat from Solaris Commodities SA at the price of 3 320.69 / t FOB + freight 3 31.30 / T = 3 351.99 / T s & F, 60 thousand tons of Romanian wheat...
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Purchase prices for grains in Ukraine on October 7, 2021
07.10.2021
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 5100 Mustard seeds 22000 Peas 9600 9000 6367 300 Buckwheat 23000 Rye grade II 5100 ...
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Prices for palm and soybean oil increased by 3.4 and 4%
06.10.2021
After the decision of OPEC+ countries not to increase oil production, prices for it continued to rise, and December Brent futures on the London ISE exchange reached a record 8 83 barrel, which provided additional support for palm oil quotes, which rose in price against the background of reduced reserves. December palm oil futures on the Malaysian stock exchange rose 3.4% yesterday to 4,738 ringgit/ton or.1,136/ton, a new record, on forecasts for a decrease in palm oil reserves in...
