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The drop in corn prices has stopped in anticipation of the USDA report
27.06.2018
the September corn futures in Chicago were resumed to $142/ton after a sharp drop last week. heavy rainfall in the corn belt of the United States improve the condition of crops, which puts pressure on prices. Now in good and excellent condition are 77% of crops compared with 67% on this date last year. Active export and large volume processing for ethanol will reduce the bridging residues. Traders expect the USDA report with data on crop acreage and reserves....
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Egypt purchased in the tender Russian wheat
27.06.2018
At yesterday's tender, the Egyptian GASC bought 120 thousand MT of soft Russian milling wheat for delivery 11-20 August. Russian wheat was offered at a price 202-207 $/t, and the Romanian – 204-208 $/t FOB. In the end, GASC bought Russian wheat at 201,95 $/MT FOB with freight rate of 15.55 $/t, which corresponds to 217,5 $/t C&F destination port. On FOB basis, the price was $2/t lower than at the previous auction, but delivery was less than 0.6 $/t According to...
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Purchase prices for grains in Ukraine on June 27, 2018
27.06.2018
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, $ CIF, $ Wheat mill offals 4400 Peas 5775 ↑ 25 5563 Buckwheat 8000 Rye 3507 Rye grade II 3464 Rye grade III ...
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Preliminary wheat yield in the black sea was better than expected
26.06.2018
Traders are concerned about the future fate of wheat crop due to dry weather in April and may that reigned in the South and East of Ukraine and in the regions of winter wheat production in Russia, although significant reserves of soil moisture and good crop condition after the winter have reduced the negative impact of the adverse conditions. the First data harvesting wheat in the South of Ukraine, which suffered most from the drought, are showing normal yield, although below...
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Political news put pressure on the price of soybeans
26.06.2018
President trump expressed intentions for further restrictions on the presence of China in the U.S. market, and announced a possible ban on Chinese investment in American technology companies. Companies in which the share of Chinese investment is greater than 25% will limit the opportunity to invest in a technology company, USA. After this announcement, the July soybean futures fell another 2.5% to 328 $/t Favorable weather conditions in the regions of soybean production, poor...
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Exchange wheat prices are falling because of the escalating trade wars
26.06.2018
Improved weather and increased tensions in trade war the United States with other countries continue to put pressure on the prices of American agricultural products. President trump has announced its intention to introduce a duty on European cars that are imported into the United States that will lead to the imposition of duties on American goods. the Lack of progress in negotiations with China about the cancellation or postponement of duties on U.S. corn, soy and sorghum from...
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Purchase prices for grains in Ukraine on June 26, 2018
26.06.2018
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, $ CIF, $ Wheat mill offals 4400 Peas 5775 ↓ 125 5563 Buckwheat 8000 Rye 3507 Rye grade II 3464 Rye grade III...
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The rising cost of transportation has paralyzed the purchase of soybeans and corn in Brazil
25.06.2018
the Brazilian Government had increased the minimum cost of transportation after the strike carriers that may have blocked the main ports. In recent years the costs of domestic transportation of grain increased sharply because of government-imposed minimum rates for trucking. the Increase in transportation costs led to the suspension of purchases by traders from local producers of corn and soybeans, which are the main export commodities of the country. Brazil has...