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Prices for soybean oil surged to a 7-month high due to heat in the United States
27.08.2020
This week on the Chicago stock exchange CBOT continues the speculative growth of prices for soybeans and oil, caused by forecasts of hot weather without precipitation in the United States and strong demand from China. While the market ignores fundamental factors: the increase in global soybean production and a reduction in global demand as a result of the pandemic Covid-19. in the Coming days in the Midwest USA will be 28-32 degrees with very little rain, especially in the States...
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The lower crop forecasts and the heat in the USA has led to a sharp increase in maize prices
27.08.2020
After the "bearish" USDA report increased the forecast of the corn crop in the world, and especially in the US, the August heat made adjustments in the evaluation of production, which led to a sharp speculative rise in the price of corn. According to the weekly monitoring by the USDA, due to the heat that prevails in the United States, the amount of corn in good or excellent condition for the week decreased by 5% to 64%, whereas a year ago the figure was...
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Purchase prices for grains in Ukraine on August 27, 2020
27.08.2020
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 9313 Wheat mill offals 200 3400 Mustard seeds 13000 11040 Peas 6400 5975 ↓ 42 6000 195 Buckwheat 19500 ↑ 500 ...
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Experts Oil World raised its forecast of world soybean production in 2020/21 MG
26.08.2020
Experts Oil World report in August increased compared to July estimates, the forecast of world soybean production in 2020/21 MG with 365,5 to 369.9 million tonnes, which significantly exceeds to 341.1 million tonnes 2019/20 season. the Outlook Revision reflects expectations of high soybean crop in South America, where in October, during the active development of the soybean crop was dominated by favorable weather, which allowed to increase appreciation of the soybean production for...
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Wheat prices are rising amid strong demand and with the support of the corn market
26.08.2020
Yesterday amid increased demand from importers and the growth of neighbouring markets of soybeans and corn, wheat prices on the US exchanges played a fall Monday. Traders also suffer from a dry and cold weather in Argentina, where wheat planted only 6.5 out of a planned 7 million hectares, compared with 6.8 million MT in 2019, and a lack of rainfall of the crop is in poor condition. Yesterday, the Egyptian GASC bought at the tender 530 thousand tons of Russian wheat...
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Egypt purchased in the tender of 530 thousand tons of Russian wheat
26.08.2020
Yesterday, the Egyptian GASC bought at the tender 530 thousand tons of Russian wheat protein 12.5%, and the supply of 11-20 and 21-31 October at an average price of 213,11 $/t FOB or 227,98 $/t CFR, which 6.39 $/t FOB and for 5.35 $/t CFR exceeds the purchase price of the previous trading session. Egyptian tenders have become one of the main indicators of prices for black sea wheat, which this year is almost no competition on the market is the world's largest importer of wheat,...
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Purchase prices for grains in Ukraine on August 26, 2020
26.08.2020
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 9313 Wheat mill offals 3400 Mustard seeds 13000 11040 Peas 6400 6017 6000 195 Buckwheat 19000 Green...
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Prices for soybeans the new crop exceed last year over a possible reduction of the crop
25.08.2020
as you progress harvesting soybeans in the Northern hemisphere, prices remain high due to strong demand from China and dry weather, which reduces the yield potential in the U.S., and almost half in Ukraine. amid 30-33 degree heat and almost lack of rain in recent weeks in the U.S. prices for soybeans increased to 336 USD/t, whereas a year ago they accounted for 318 $/t According to the weekly monitoring by the USDA, the number of soybeans in good or excellent condition...
