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Wheat prices increased due to potential export restrictions from Ukraine
03.08.2018
Yesterday, the Deputy Minister of agriculture of Ukraine announced on the social network about the intention to sign in the near future with traders annual Memorandum on the restriction of exports of wheat. Within hours after the appearance of this information the wheat prices in Chicago rose by 4.7%, however, after verifying returned to the initial level, updating the maximum price in July 2015. the September wheat futures in the U.S.: 2.02 $/t to 209,16 $/t for...
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Purchase prices for grains in Ukraine on August 3, 2018
03.08.2018
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, $ Vetch 6000 Mustard seeds 15000 18250 Peas 5967 ↑ 42 5532 ↓ 44 4200 189 ↓ 1 Rye 3507 Rye grade II 3464 Rye grade III ...
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Prices for rapeseed continue to rise
02.08.2018
According to the Association of German farmers (DBV), for the "catastrophic impact of the drought, the harvest of rapeseed in Germany in comparison with last year will decline by 24% to 3.3 million tons. For the compensation of damages, the Association asks for 1 billion euros of financial assistance ($1.2 billion), but the government first decided to wait for a report about the harvest the Ministry of agriculture, which will be released in late August. On this...
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The decrease of the production forecast for Germany has raised prices to a new high
02.08.2018
Yesterday the Association of German farmers (DBV) reduced the forecast of grain production in 2018 by 20% to 36 million tons due to the extreme heat, which in may was the strongest since 1881. The production of wheat in Germany, which is the second after France grain producer in the EU, will be reduced by 25% to 18 million tons. influenced by the new forecast of the September futures milling wheat in Paris rose by 5 €/t to 207,25 €/t or 241,73 $/t and has updated the...
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The devaluation of the hryvnia compounded by the growth of grain prices
02.08.2018
Currency purchase prices for grain in Ukraine growing in the world. However, due to the devaluation of the national currency hryvnia prices increased further by 2-3%. Experts expect stabilization of the hryvnia in summer at the level of 26.5 UAH/$ by increasing foreign exchange earnings from farmers and a gradual fall since the beginning of autumn, due to rising demand from importers and the need for Ukraine to pay foreign debts. However, the dollar began to rise now...
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Purchase prices for grains in Ukraine on August 2, 2018
02.08.2018
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, $ Vetch 6000 Mustard seeds 10000 18000 Peas 5900 ↑ 100 5532 ↓ 44 4200 189 Rye 3507 Rye grade II 3464 Rye grade III ...
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Wheat prices grow due to forecasts of reduced production
01.08.2018
Following the predictions of the world's leading Agency Strategie Grains, the IGC, the European service MARS on the reduction of wheat production, the Russian hydrometeorological center reported a decrease compared with last year wheat harvest in Russia by 15-20 %. According to Reuters, Sweden will be able to collect no more than 1.7-1.9 million tonnes of wheat, 40% will yield a harvest of 2017. Using the abundant precipitation in July Bulgaria's wheat harvest...
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Deficit of foreign trade balance of Ukraine continues to grow
01.08.2018
the Deficit of foreign trade balance of Ukraine during the first half of 2018 reached 3.8 billion dollars, up 23.7% over the same period last year. in Particular, the surplus of external trade in services increased by 1.6 times to 471 million $, while the goods trade deficit increased by 26.8% to 4.3 billion $. According to Gostamsluzhby, the foreign trade deficit of Ukraine for 2017 of $ 2.6 billion $ Ukraine vs 541,6 million $ in 2016. While the Central...