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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...
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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 ...
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A new report by the USDA shocked the sharp decline in forecast corn production in the United States
11.11.2020
Adjustment of balance sheet for corn USDA experts was greater than analysts had expected. As a result, corn futures on the stock exchange in the United States yesterday increased by 3.3% to 171 $/t due to a lower forecast grain production and increase the export forecast for the United States, with the result that ending stocks will decrease to 21%, also due to the reduction in harvest and exports and increasing imports by China. For the United States in a new report by the USDA,...
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The USDA report has led to the rapid growth of prices for soybeans and vegetable oils
11.11.2020
the dry weather experts USDA in yesterday's report lowered the forecast of soybean production in the USA and Argentina and sunflower in Ukraine and Russia, resulting in the estimate of world production of oilseeds reduced by as much as 5.6 million tons to 473,3 million tonnes , which exceeded analysts ' expectations and led to the rapid growth of prices for vegetable oils and oilseeds. the initial Forecast for global soybean stocks in 2020/21 MG increased by 1.59 million...
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Despite a neutral USDA report, wheat prices have grown following the corn market
11.11.2020
the November USDA world balance of wheat remained fairly balanced, with a record world production and ending stocks. the Increase in initial reserves in comparison with the assessment in October by 1.36 million tons to 300,76 million tonnes to compensate for the reduction of world production 0.8 million tons to a record 772,38 million tonnes (764,9 million tonnes in 2019/20 MG), which increases the volume of global wheat supply. Reduction in forecast wheat production...
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Purchase prices for grains in Ukraine on November 11, 2020
11.11.2020
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, $ Vetch 10250 Wheat mill offals 4400 165 Mustard seeds 15000 13500 Peas 8350 ↑ 350 7931 8500 250 251 Green peas 10000 7500 ...
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Corn prices we expect an updated balance USDA
10.11.2020
Yesterday futures on the stock exchange in the United States fell in the morning waiting for the updated balance of the USDA, but later against the background of rising oil prices recovered to 163,4 $/t. the Factor of pressure on prices remain the intention of China to refuse execution of conditions of trade deal and reduce the purchase of corn in the United States. Record high rates of cleaning reduce the demand on the physical market that puts pressure on prices. As of November...
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A good test of a vaccine from Covid-19 led to a rise in oil prices and vegetable oil
10.11.2020
Pfizer, and BioNTech announced yesterday the successful test of a vaccine from Covid-19, which is 90% protects against infection, which is much higher than the expectations of experts. Mass production of the vaccine could begin in 2021. To win Biden and news about vaccine oil prices reacted to the rapid growth of nearly 10%. At the end of trading prices for Brent crude on London's ICE Futures exchange rose 6.5% to 42 $/barrel, while December futures for WTI crude oil on the new...
