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The results of the tenders continue to heat up wheat prices
17.09.2020
On data on the outcome of the tenders in Egypt, Turkey and Jordan exchange wheat quotations yesterday played the previous fall, while physical markets increased competition between the black sea and European wheat slowed the growth of prices. Turkish news Agency TMO yesterday at the tender acquired only 440 thousand tons of Russian wheat mainly from scheduled of 1.27 million tons at a price 240-248 $/t CFR, which is on from 19 to 27 $/t higher than the price of trading on August...
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Prices for vegetable oil continued to rise due to the rise in price of oil
17.09.2020
Due to the inventory reduction in the U.S. growth in oil prices led to a further increase in stock prices for soybean oil and prices of sunflower oil in physical markets. Yesterday, on the background of reduction of stocks of oil in the U.S. and stop some production sites due to the approach of a hurricane, the October futures for WTI was up 4% to 39.5 $/barrel, while the November futures for Brent crude oil – by 3.3% to 41.6 $/barrel. Following the oil price...
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The Egyptian tender was reminded of the competitors of the black sea wheat
17.09.2020
Traders were looking forward to the results of yesterday's tender for purchase of soft milling wheat, who conducted the Egyptian GASC, amid a sharp rise in price of black sea wheat by increasing its purchases by Turkey, Saudi Arabia and other importers. At the previous tender on 3 September GASC bought only one party of Russian wheat with a volume of 55 thousand t 5-15 November at a price of 225 $/t FOB or 240,50$/t CFR because the proposals of the Russian and Ukrainian wheat...
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Purchase prices for grains in Ukraine on September 17, 2020
17.09.2020
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 12000 9313 Wheat mill offals 200 3600 120 Mustard seeds 13000 10890 ↓ 205 Peas 6350 6250 6000 205 ↑ 2 207 ↑ 1 ...
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Bid prices of wheat growing amid strong imports from importers
16.09.2020
amid rising wheat prices on the exchanges, and then on the physical market, importers actival purchases, contributing to a further increase in prices. Buyers expect lower prices as a result of record world production and reserves growth. However, it appeared that stocks rose in countries that will not export wheat, and the reduction of the yield in exporting countries have made the black sea wheat is the most popular and cheapest, resulting in prices in recent weeks has...
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Arbitration, the WTO sided with China in trade dispute with U.S.
16.09.2020
Yesterday, the world trade organization (WTO) ruled that imposed by the US government in 2018 import duties on Chinese goods to sumum more than $ 400 billion violate international trade rules, so the United States should adjust the rates in accordance with its obligations under WTO rules. Tretise a WTO panel decided that the government-initiated trump's raising of import duties on Chinese goods in 2018 and 2019, contrary to WTO rules and specific articles of the General...
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The increase in corn production in France would reduce imports into the EU
16.09.2020
France, which is Europe's largest grain exporter, due to dry weather conditions in the period of sowing of winter crops has drastically reduced the production and export of wheat and barley, but can 10% increase in corn production. According to estimates of the Ministry of agriculture of France, in comparison with last year the sowing area of cereals decreased by 5.5% to 8,881 million hectares and an average yield of 12% up to 67 kg/ha and the gross harvest by 16.8% to 59,306...
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Purchase prices for grains in Ukraine on September 16, 2020
16.09.2020
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 12000 9313 Wheat mill offals 200 3600 120 Mustard seeds 13000 11095 Peas 6350 6100 ↑ 12 6000 203 206 Rye grade II ...