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Prices for oilseed rape growing because of lower crop forecasts in Ukraine and the EU
19.05.2020
the Dry conditions, which reduce the yield potential of canola in most areas of the EU, and in Ukraine led to a partial loss of crops, leaving uncertain the prospects for future harvest. The decrease in forecast rapeseed production in the EU in yesterday's European Commission report led to the rise in the cost of the August futures for rape in Paris on 4 t to 374 €/t or a $408/t the Experts in the may WASDE report increased the forecast of the world rapeseed production by...
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The wheat exchanges started the week with drop in prices
19.05.2020
Precipitation in the United States and the black sea countries that have already passed and will soon continue, lower exchange prices for wheat, despite forecasts to the lack of precipitation in Europe in the next week and a reduction of the estimated yield of wheat. after 2 weeks in the US begin to harvest and precipitation in major growing regions of wheat increase the yield potential. According to the USDA, as of may 17 in good or excellent condition was 52% winter wheat, which...
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Purchase prices for grains in Ukraine on May 19, 2020
19.05.2020
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 3550 Mustard seeds 12500 21500 Peas 7150 ↓ 100 6867 210 Buckwheat 20000 Rye grade II 6800 ...
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Rates of sowing of spring crops is substantially higher than last year
18.05.2020
Weather conditions in the spring of this year in the EU, Ukraine, Russia and Kazakhstan contribute to the planting and obtaining a good germination of spring crops. According to FranceAgriMer, France as of may 11, the number of planted corn acreage per week increased from 77% to 90%, whereas last year the figure was 85%. However, the amount of wheat in good or excellent condition for the week decreased from 57% to 51%, whereas a year ago the figure was 80%. Also the number of crops...
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Export demand for soybeans in Ukraine is declining due to high supply prices
18.05.2020
In the beginning of the season lower than world prices for Ukrainian soybeans has intensified its exports due to low demand from processors. In the 4th quarter 2019 exporters bought soybeans at the port at 330-350 $/t, and the processors at the plant – in 8200-9200 UAH/t (equivalent 328-368 $/t). Since the beginning of the 2019/20 MG up to January next year, Ukraine exported record for this period, 2.1 million tons of soybeans, while in January delivery fell to 330 thousand...
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The rising oil price supports the price of vegetable oil
18.05.2020
Oil prices on Friday continued rapid growth, against the background of zeroing Malaysia export duties on palm oil and containing manufacturers sales of soybean and sunflower led to higher prices for vegetable oils. Brent crude on London's ICE Futures on Friday rose by 6.4% or $2/barrel to 31.57 $/barrel, while June futures on American WTI on the stock exchange in new York rose 10% or of 2.94 $/barrel to the highest since March 17, the level of 30.7...
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Purchase prices for grains in Ukraine on May 18, 2020
18.05.2020
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 3550 Mustard seeds 12500 21500 Peas 7100 6867 210 Buckwheat 20000 Rye grade II 6800 ...
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The rapid growth of oil quotations was not able to support prices for vegetable oils
15.05.2020
Speculative growth of oil prices by 10% did not support the vegetable oil markets, which suffer from a lack of demand, while even minor China's purchase of soybean oil in the United States have raised prices by 1%. Yesterday, oil prices rose against the background of the following news: the OPEC cut forecast for oil demand this year at 9 million barrels/day to 91.1 million barrels/day. the experts of the International Energy Agency predicts decline in oil demand this...
