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Prices for fall canola under pressure from the strengthening of the Euro and on expectations of output growth
27.07.2020
September futures on the MATIF rapeseed on Friday continued to fall and dropped by 2.25 €/t to 377,5 €/t, losing a week of 6.5 €/t, but the dollar price due to the strengthening of the Euro 1,165 to $/€ remained at the level of last week 440 $/T. the Main driver of growth was the increase in the forecast of the world rapeseed production. the experts of the IGC in the July report increased compared with the June estimate, the forecast of the world rapeseed...
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Wheat prices are rising, despite the increase in volumes of offers
27.07.2020
the price of wheat on global markets on Friday rose sharply after the publication of a new forecast by the IGC, even in spite of the improvement of yields in France and in Russia, with the progress of cleaning. Good weather has helped to promote the wheat harvest in major exporting countries, source of more and more reports of good quality and grain yield. French farmers as of July 20, threshed 71% of the area under wheat compared to 55% at the same date last year. In the Northern regions...
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The powerful national Bank intervention stabilized the exchange rate of the hryvnia
27.07.2020
Last week the national Bank had to spend almost 350 $ million to stabilize on a psychological level 28 UAH/$ exchange rate of the dollar, which started to grow last week when the regulator did not make any intervention. during the 20-24 July, the NBU sold on the interbank market 347,8 million dollars to stop the appreciation of the currency caused by speculative factors and individual statements of politicians about necessity of devaluation of the hryvnia to stimulate economic...
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Purchase prices for grains in Ukraine on July 27, 2020
27.07.2020
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 3300 Mustard seeds 12500 11000 Peas 6250 5417 6000 192 ↑ 7 200 Buckwheat 19000 ...
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IGC forecasts a record level of soybean production in the world in 2020/21 MG
24.07.2020
the international Grains Council (IGC ) in its July forecast again increased the forecast of the world soybean crop in season 2020/2021 1 million t ( in comparison with the June forecast) to 365 million tonnes, which is 7.7% higher than last season and may be a record soybean production in the world. Active export of soybeans from Brazil to China in season 2019/20 Mr increased the forecast of world trade in soybeans last season at 3 million tonnes to 158 million tonnes, 4% more...
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Wheat prices fall despite a forecast reduction in global wheat production
24.07.2020
In the July report, the international Grains Council (IGC) has reduced the forecast of world wheat production in 2020/21 MG of 6 million tons, but the forecast of world wheat supply in the world will remain at 1.5% and ending stocks is 4.3% higher compared to last season. the Response of wheat markets, the decrease in production was restrained as traders expected a more significant decline in forecast production in the US, the EU and Russia. After a 2-day largely speculative growth...
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Despite the decline in the forecast of world grain production in 2020/21 MG will be at a record level
24.07.2020
Yesterday, the international grains Council (IGC) released its forecast of world grain production in marketing year 2020/21, which reduced the production forecast at 13 million tons, due to lower production of maize and wheat in USA and wheat in the EU and Russia and maintaining the forecast of world consumption is unchanged compared to last month. The forecast of world ending stocks was reduced by 10 million tons to 625 million tons, which would still be 6 million tonnes to exceed ending...
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Purchase prices for grains in Ukraine on July 24, 2020
24.07.2020
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 3300 Mustard seeds 12500 11000 Peas 6250 5417 5975 190 ↑ 5 200 ↑ 2 Buckwheat 19000 ...
