-
Wheat quotations fall under the pressure of fundamental factors
13.11.2020
the Intention of the Russian government to enter the second half of the season export quota of 15 million tons of grain has led to a sharp decline in prices for Russian wheat that affect wheat quotations on the stock exchanges of the USA and Europe. In addition, the pressure on prices increases the increase in supply of Australian wheat. flour Milling company in Indonesia has purchased 40 tonnes of Australian premium blazersite wheat for delivery in January at a price 270-272 $/t...
-
The price of palm oil is higher than soybean
13.11.2020
Yesterday the price of oil, soybeans and oil on U.S. exchanges declined slightly on the back of profit taking by traders and concerns about future demand due to a sharp increase in the number of infected Covid-19 in the US, where during the day ill 144 thousand people. However, the January futures for palm oil exchange in Malaysia are rising for the fourth session in a row, and yesterday rose 1.3% to its highest since 2012-level – 3391 Ringgits/t or 821 $/t, adding over the...
-
The shortage of rain in major producing countries remains the main factor supporting the markets
13.11.2020
Last week in the United States and Russia in crops of winter wheat were slight precipitation in the amount of 30% of normal, which reduced the moisture deficit, but did not remove anxiety about the fate of plants, especially in anticipation of the predicted frost. In the Midwest USA weather contributes to the completion of harvest of soybeans and corn, and periodic rains are improving moisture reserves in the fields with winter crops. On the Southern Plains in the next...
-
Purchase prices for grains in Ukraine on November 13, 2020
13.11.2020
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 10250 Wheat mill offals 4900 165 Mustard seeds 15000 13500 Peas 8350 7819 8533 ↑ 33 245 251 Buckwheat 20000 ...
-
Long-awaited rains improve crop prospects for soybean in Brazil in 2020/21 MG
12.11.2020
Brazil at the end of the season continues to export soya and maize and undertake sowing of these crops for the new harvest. Precipitation is held in the last week and will go in the future, accelerate sowing and improve prospects of future crops. Due to high prices and strong demand from China, Brazilian farmers by 3.8% expanded acreage of soybeans. Conab Experts in the November report raised compared to the October estimates of the forecast of sowing areas of soybeans by 0.4...
-
The possible introduction of quotas on grain exports from Russia lowers wheat prices
12.11.2020
the Intention of the Russian government to enter the second half of the season, the quotas for grain exports force the importers to expedite the purchase, and farmers – to step up sales, which will soon lead to lower prices for Russian wheat, because the market is growing competition from the crop from Argentina (export forecast of 12.5 million tons) and Australia (19 million tons). During November-December, the Russian exporters need to ship at least 10 million tonnes of wheat to close...
-
The volume of world production of vegetable oils will exceed last year's, although smaller than expected
12.11.2020
In the November report, the USDA forecast global production of vegetable oils reduced (in particular sunflower oil), while consumption estimates almost did not change, which will lead to reductions in ending stocks and further price growth. in comparison with the October forecast balance world production vegetable oils in 2020/21 MG reduced 0.9 million tons to 208,71 million tonnes, 2.2 million tonnes higher than the figure recorded 2019/20 Mr. Due to the increase forecast...
-
Purchase prices for grains in Ukraine on November 12, 2020
12.11.2020
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 10250 Wheat mill offals 4400 165 Mustard seeds 15000 13500 Peas 8350 7819 ↓ 112 8500 250 251 Buckwheat 20000 ...