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The decline in oil prices increases the pressure on the vegetable oil markets
13.10.2020
the vegetable oil Markets continue to move versatile, since it responded differently to the data of October balance by the USDA, where, compared with September forecasts of vegetable oil consumption almost unchanged, while the forecast of sunflower oil production is dramatically reduced while increasing the production estimates of soybean and palm oil. After rising last week by 9% in the price of oil started the week falling to 4-4,5% on the resumption of production in Norway,...
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Dry weather in the U.S. and Russia supports wheat prices at a high level
13.10.2020
the prolonged absence of rains in the United States and Russia increases the pressure on world wheat prices, even though the "bear" the October USDA report. This week in Russia will be little precipitation, which will reduce the stress for winter crops, but they are insufficient. In regions of winter wheat production in the United States precipitation this week will not. SovEcon Experts predict that drought will lose 10-15% of the sowing areas of winter...
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Purchase prices for grains in Ukraine on October 13, 2020
13.10.2020
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, $ Vetch 10250 Wheat mill offals 4000 Mustard seeds 15000 12050 Peas 7500 7060 ↑ 140 7020 220 218 Buckwheat 17500 Rye grade...
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The forecast of world soybean production by the USDA experts has decreased, but has increased the estimated consumption
12.10.2020
In the October balance experts USDA more than the market expected, reduced the rating of the world beginning and ending stocks and soybean production, however, increased the consumption forecast. the initial Forecast for global soybean stocks in 2020/21 MG decreased by 2.26 million tonnes to 93.75 million tonnes, which will significantly yield of 113.1 million tonnes 2019/20 season, as stocks in the U.S. will decrease by 1.4 million tonnes thanks to strong exports to China, and in...
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Experts the USDA lowered the forecast of world production and stocks of corn
12.10.2020
In the October balance the experts, the USDA once again lowered the forecast of world production and ending stocks for corn, primarily due to the US, but not as much as analysts had expected. the Forecast of corn production in the U.S. decreased by 4.5 million tonnes to 373,95 million tonnes, while analysts estimated it at 376,5 mln t, which is still considerably higher than last year 345,9 million tonnes As in the quarterly report the evaluation of the initial stocks of corn...
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Forecasts of world production and ending wheat stocks increased to record levels
12.10.2020
In the October balance the experts, the USDA once again increased the forecasts of world production, consumption and ending stocks of wheat in 2020/21 MG to record levels, it is still not reduced prices, which supports data reduction for the United States and unfavorable for winter crops, the drought in the United States and Russia. the initial Estimate of world wheat stocks in 2020/21 MG decreased by 0.38 million tonnes to 299,4 million tons, which would still be at a record...
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Purchase prices for grains in Ukraine on October 12, 2020
12.10.2020
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, $ Vetch 10250 Wheat mill offals 4400 4000 Mustard seeds 15000 12050 Peas 7300 6620 7020 220 218 Buckwheat 17500 18000 Rye grade...
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The precipitation deficit remains the main factor influencing the grain markets
09.10.2020
the Increase in rainfall deficit in the United States, Brazil, Argentina and Russia raised concerns regarding the upcoming harvest of soybeans, corn and winter wheat, while dry weather in the United States and Russia contributes to the harvest. In the Midwest US dry and warm weather contributes to the harvesting of soybeans and corn. In the next 7-10 days precipitation is not expected, which will allow to finish harvesting soybeans, to speed up the harvesting of corn, and will...