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Purchase prices for grains in Ukraine on June 29, 2021
29.06.2021
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 10000 Wheat mill offals 6350 5450 Mustard seeds 12000 Peas 8200 8950 240 Rye grade IV 4850 Corn...
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IGC experts raised their forecast for global corn production in my 2021/22 to a record 1.201 billion tons
25.06.2021
Higher production forecasts due to favorable weather in the Northern Hemisphere continue to lower corn prices on stock exchanges and physical markets. In a new report, IGC experts raised their forecast for global corn production in 2021/22 MG by 9 million tons to a record 1.201 billion tons, which is 70 million tons higher than in 2020/21 MG. However, due to an increase in the consumption forecast by 2 million tons to 1.201 billion tons, the estimate of Final reserves was increased...
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Drought in the Northern Plains and precipitation in the U.S. corn belt remain the main factors influencing prices
25.06.2021
In the regions where spring wheat is grown in the United States and corn of the Second Harvest in Brazil, dry weather continues, while in Ukraine, Russia and the US corn belt, favorable precipitation improves the prospects for the future harvest. In Brazil, the regions where safrigna corn is grown remain dry and hot weather. Due to late sowing, the harvesting rate is 5% lower than last year, and the yield decreases as the crop is harvested. According to Soybean&Corn Advisor, as...
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Raising wheat production forecasts in Ukraine and Russia increases pressure on prices
25.06.2021
More and more analysts are raising their forecasts for wheat production in Ukraine and Russia due to favorable weather conditions, which increases pressure on the prices of both Black Sea, European and American wheat. SovEcon experts raised the forecast of wheat production for Russia by 2.2 million tons to 84.6 million tons and for Ukraine – by 300 thousand tons to 29.2 million tons. although some analysts believe that Ukraine will be able to harvest more than 30 million tons...
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Purchase prices for grains in Ukraine on June 25, 2021
25.06.2021
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 10000 Wheat mill offals 6350 ↓ 50 5450 Mustard seeds 12000 Peas 8200 9000 252 Sugar beet pulp gran 9500 ...
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Ukrainian farmers will have the right to priority purchase of cultivated land
24.06.2021
The government of Ukraine at a meeting on June 23 adopted amendments to the procedure for maintaining the State Register of real property rights, which will ensure the correct sale procedure and correct registration of the entered information. This was reported by the press service of the government with reference to the Prime Minister of Ukraine D. Shmyhal. When the land market starts working, farmers will have the right to purchase priority land plots on which they have worked...
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Dry and hot weather warms up wheat prices in the US
24.06.2021
Forecasts of favorable weather with heavy rains in the US corn belt increase pressure on soybean and corn prices, while in spring wheat growing areas on the American plains, precipitation shortages and heat at 30-35 °C will further worsen the condition of crops. Winter wheat harvesting in the United States is accelerating, and according to farmers, the yield is still above average, although the protein content is significantly lower than average. The expected heat...
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Rapeseed prices in Europe rose by 2.6% on forecasts of growth in demand from the biofuel industry
24.06.2021
Yesterday on the Euronext exchange, August rapeseed futures almost recouped the fall of the last two weeks and rose by 2.6% or 13 €/ton to 507.5 €/ton or 605 € /ton on the news of Germany's adoption of a law obliging to increase the reduction of greenhouse gas emissions in 2022 from 6% to 7%, and in 2030 to 25%. Therefore, the demand for rapeseed oil for biodiesel production will increase dramatically, especially given the commitment to reduce the use of palm oil. Following...
