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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...
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Difficult weather conditions in the United States and Russia are increasing pressure on wheat prices
10.11.2020
Wheat quotes move versatile under the influence of weather factors and high export demand. Market participants expect that the updated balance, the USDA increased the forecast of production and consumption of wheat and reduced the estimate for ending stocks. In anticipation of a new USDA report, the market for American wheat continued Friday's decline. As of November 8 winter wheat in the United States planted 93% of squares, compared with 91% a year ago and 91% on...
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Purchase prices for grains in Ukraine on November 10, 2020
10.11.2020
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 8000 7931 8500 250 251 Green peas 7500 Coriander 21000...
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The harvest in Australia is placing increasing pressure on world wheat prices
09.11.2020
the Data for the collection of wheat in Australia confirm a good harvest, so farmers have stepped up sales of wheat, trying to oust the black sea wheat on the markets of Asia. This increases pressure on the world's stock exchanges that await updated balance USDA. According to the Agency Profarmer Australia, Australia to 2020/21 MG will increase compared to the previous season, the production of wheat by 84% to 27.9 million tonnes, and exports by 87% to 17 million tons Experts...
