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The slowdown in exports from EU pressure on prices
01.02.2019
the European Commission has lowered the forecast of wheat exports from the EU to 2018/19 MG 8% from 20 to 18 million tonnes, while the import forecast of corn has increased by 1.5 million tonnes to 20 million tonnes, which almost corresponds to the projected USDA 21 million tons. this season, the EU imported already 13.5 million tons of corn, and yet does not reduce the rate of imports. Reduce its wheat production to 128 million tons of increased demand within the EU...
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Prices for soybeans are expected to meet the presidents of the United States and China
01.02.2019
soybean Market stress awaits further developments in the trade dispute between the US and China. the Chinese Delegation during their stay in the United States this week was supposed to coordinate all the issues before signing the trade agreement. But yesterday, trump tweeted that despite the good course of the negotiations the final agreement will be signed only after his meeting with President of the PRC, where we will need to agree on a long-standing and complex issues....
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The forecast of wheat production in Australia in 2018/19 MG increased
01.02.2019
a new report by experts INTL FCStone increased compared to the December forecast, the estimate of wheat production in Australia in 2018/19 Mr from 16.87 to 17 million tonnes, though higher than the forecast of analysts Abares at 16.9 mln t, but significantly below the average 5-year level of harvest at 25.3 million tonnes. Assessment of production of barley increased from December of 7.23 million tons to 7.76 million tons, while experts Abares estimates put it at 7.3 million...
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Purchase prices for grains in Ukraine on February 1, 2019
01.02.2019
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 4100 160 Peas 6223 215 Buckwheat 7100 Rye 3558 Rye grade II 3510 155 Rye grade III ...
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Extreme cold in USA raise the price of wheat
31.01.2019
Powerful cyclone with strong frosts and winds covered the territory of the United States from North and South Dakota to Maine. In Minnesota, the temperature broke the record 1800 and dropped below 50C. In Chicago the night temperature fell to -27C, which was at least since 1985. on Wednesday at the wheat site in the USA was influenced by the failure of the tender in Egypt. However, prices were supported by cold weather which can cause damage to winter crops and the decline of the...
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Prices for vegetable oils continues to grow
31.01.2019
the growth Trend of world prices for vegetable oil continued this week. In Malaysia, the April futures for palm oil after the jump to 566 $/ton dropped to 560 $/MT amid rising demand and falling stockpiles in Indonesia. In Chicago futures for soybean oil continue to go up, and for the week rose by 3.5% to 668,66 $/t. the Quotes supported the rise in soybean prices caused by the resolution of the European Commission to use U.S. soy in the biodiesel production by...
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The EU restricts the import of biodiesel from Argentina
31.01.2019
on Wednesday, the EU decided to introduce a 30% import duty on Argentine biodiesel, which will be delivered over the threshold of 1.2 million tonnes per year, subject to a minimum price level. the Decision of the Committee on trade defense instruments, EU obliges Argentine producers to sell biodiesel at higher prices, and those exporters that will not do, will be subject to a surcharge. This commitment will create equal conditions for European producers and will...
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Purchase prices for grains in Ukraine on January 31, 2019
31.01.2019
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 4100 160 Peas 7200 6223 215 Buckwheat 7100 Rye 3558 Rye grade II 3510 155 ↓ 3 Rye...