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Wheat prices continue to rise on speculative factors
18.08.2020
Yesterday the price of wheat on world markets rose on background of a possible deterioration of wheat and maize in the USA as a result of the hurricane, however, the data of weekly monitoring by the USDA surprised the market, although it was published already after closing of the trades. the Amount of corn in the U.S. in good or excellent condition fell last week by only 2% to 69% (56% in 2019), and spring wheat crops by 1% to 70%, which corresponds to last year's...
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Purchase prices for grains in Ukraine on August 18, 2020
18.08.2020
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 14000 Wheat mill offals 3900 3400 Mustard seeds 13000 14000 ↑ 2500 Peas 6400 5925 6300 ↑ 350 195 Buckwheat ...
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Stock prices for major crops grow in spite of the postponement of talks between the US and China
17.08.2020
Last week, the markets of agricultural crops in the United States expected the two events, which could significantly change price trends: the August USDA report and the next round of trade negotiations between the US and China. In this bearish report of increased production forecasts for soybeans and corn markets responded by raising their quotes and information on the prolongation of the negotiations with China. video conference on trade agreement between the US and...
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Speculative growth of market prices for wheat will be short-lived
17.08.2020
Last week stock prices for wheat remained in positive territory despite the pressure of such fundamental factors as the significant forecast of the world crop and ending stocks and low export demand. Traders conducted technical procurement and covered short positions, taking profit made on the eve of the release of the USDA report rates. Weather conditions in Australia, Canada, USA and Eastern Russia contribute to the development of crops of spring wheat, which increases pressure...
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Precipitation in the United States and Australia and drought in Russia and Ukraine are the main factors influencing grain markets
17.08.2020
In the Midwest USA last week were strong showers and thunderstorms that provided the crops of soybeans and corn with moisture in anticipation of weeks of dry and hot weather. In Ukraine and southern Russia, the drought continues with high temperatures, which reduces the potential yield of sunflower and corn. In the East of Russia and in Australia the rains, which will contribute to the development of wheat crops. Last week in the main regions of the "corn belt" of the USA...
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Purchase prices for grains in Ukraine on August 17, 2020
17.08.2020
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 14000 Wheat mill offals 3900 3400 Mustard seeds 13000 11500 Peas 6383 5900 5950 ↑ 33 195 Buckwheat 19000 Rye ...
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Egyptian GASC yesterday bought 415 thousand tons of Russian wheat
14.08.2020
Egyptian State operator GASC on Tuesday conducted the tender, where gained only 115 thousand tons of cheap Russian wheat, because the other sellers have agreed to lower the price. So yesterday GASC held a new tender, where he purchased 415 thousand tons of Russian wheat at a price of 1-2 $/tonne higher than on Tuesday. bid Prices of Ukrainian wheat, presents at yesterday's tender, grew by 1,856 and 7.8 $/t, Russian – 1-9,65 $/t In the end, GASC has purchased...
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The price of vegetable oil has increased in spite of "bearish" USDA report
14.08.2020
Yesterday the price of vegetable oil increased, despite the fact that experts in a new report, the USDA increased the forecast of world production of vegetable oils by 1 million tonnes to 209,88 million tonnes, nearly 4 million tons higher than the figure recorded the previous season. at the same time the forecast of world consumption of vegetable oils increased by 0.9 million tonnes to 206,95 million tonnes (200,97 million tonnes in 2019/20 MG), so the estimate for ending stocks...