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Prices for soybeans dropped despite the decline in production forecasts and reserves
13.07.2020
Analysts had expected the July balance USDA soybean with a slight increase in forecast production in the world, and particularly in the US, will be neutral for the market. However, after the publication of the report, prices for soybeans fell by 2.3%, despite the pessimistic figures balance sheet. Experts USDA increased compared to the June report from the global initial stocks of soybeans in 2020/21 MG, 0.48 million tonnes to owns 99.67 million tonnes, in particular in the United...
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The reduction of forecasts of world production and wheat stocks supports prices
13.07.2020
Despite a slight decline in projections for global production and stocks of wheat in the July balance USDA, they remain a record, which leads to a gradual increase in stock prices. the Forecast of world wheat production in 2020/21 MG in comparison with the June balance was reduced from 773,4 to 769,3 million tonnes, which is almost the answer may rating and 4.5 million tonnes higher than the figure recorded 2019/20 Mr. For U.S. production forecast was reduced by 1.46...
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The statement of trump on China collapse of corn prices
13.07.2020
on Friday, the market was expecting the release of the July WASDE balance where there should be a reduced assessment of corn production in the United States and ending inventory that have not had a significant impact on prices. However, after trump statements that the second phase of the trade agreement with China may not be, the quotations fell by 4.5%, and even data about the largest in 25 years the daily sale of corn in China by volume of 1.38 million tonnes have been unable to support...
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Purchase prices for grains in Ukraine on July 13, 2020
13.07.2020
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, $ Wheat mill offals 3400 Mustard seeds 12300 11000 Peas 6167 5592 ↓ 30 5100 195 195 Buckwheat 18500 Green peas 10000...
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The demand for palm oil in India will resume no earlier than 2021
10.07.2020
Demand for palm oil in India will not resume before the 1st quarter of 2021, and prices will remain low during the current year, reports AgriCensus citing performance analyst Dorab Mistry at the webinar, which was conducted by the Indian Association of producers of vegetable oil SEA. the revival of the procurement that was observed in may and June, will soon be completed as it was due to the restocking that due to quarantine restrictions using Covid-19 fell to record...
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Dry and hot weather in the U.S. Midwest could reduce the corn yield
10.07.2020
This week in the corn belt of the USA was dominated by dry weather with temperatures of 32-34 oC, which can adversely affect corn yield, which is in the flowering stage. Critical period in the growing season of maize is from 10 days before flowering and 20 days after flowering, which is crucial for yield formation. Lack of moisture at this time may reduce the yield potential. In the next 7-10 days, dry and hot weather will continue in the East, Middle West, while in the Western...
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Wheat prices are rising in anticipation of the release of the updated USDA report
10.07.2020
the Market now expects the updated balance of the USDA, which can reduce harvest forecasts of wheat for the USA, EU and Russia. a Sharp change in the prospects of the world wheat crop was the main driver of trading in the United States. After France, Russia and Ukraine about a possible decrease in yield, in addition, a significant, said Argentina. Due to the reduction in sowing areas of wheat, 400 thousand hectares to 6.6 million hectares experts of the Grain exchange Rosario...
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Purchase prices for grains in Ukraine on July 10, 2020
10.07.2020
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, $ Wheat mill offals 3400 Mustard seeds 12300 11000 Peas 6225 5592 ↓ 30 4600 ↓ 1725 195 195 Buckwheat 18500 Green peas ...
