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Another decline forecast for the rapeseed crop in the EU was supported quotes
30.06.2020
amid the recovery in oil prices and a forecast reduction of rapeseed production in EU rapeseed futures on Euronext started the week growth. August futures rose 1.25 €/t to 375,5 €/t or 422,2 $/t after the rise in price of canadian canola by 0.6% to 473,5 CAD/t or 346,3 $/t through drought conditions in some regions of Canada and a decrease in acreage by 0.8% to 20.8 million acres. After the collapse at the beginning of last week, oil prices continued to recover from the...
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Growing demand from importers in the near future will intensify world trade in wheat
30.06.2020
the World's stock exchanges started the week with a slight growth in the price of wheat on expectations of increased demand from importers after the price cuts, and in anticipation of the publication of the final data on sown areas and reserves in the United States. the Algerian Agency OAS announced a tender to buy at least 50 tons of soft milling wheat for delivery in September. the Ministry of trade of Jordan announced an international tender for the purchase of...
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Purchase prices for grains in Ukraine on June 30, 2020
30.06.2020
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, $ Vetch 9000 Wheat mill offals 4150 3600 Mustard seeds 12000 10823 Peas 6433 6850 6438 Buckwheat 15000 ...
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Reduced production forecasts for the EU support prices for wheat
29.06.2020
the European Commission has once again lowered its forecasts for soft wheat production for EU-27 in 2020 compared to the may estimates the crop reduced by 4.3 million tons up to 117.2 million tons, 13.7 million tons lower than in 2019 Estimation of sowing areas and yield forecasts are also reduced. export Forecast of soft wheat in 2020/21 MG reduced by 1.5 million tons to 25 million tons compared to 34 million tonnes in 2019/20 Mr. it is Expected that the production of...
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The prospects of a good harvest in the US, the EU and Ukraine lowers corn prices
26.06.2020
Yesterday futures on the stock exchange in the U.S. decreased by 2.2% to 126,45 $/MT for the September contracts and to 129,12 $/tonne for December due to the increase in production forecasts due to improved weather conditions. The market is not even supported by the recovery in oil prices and increased ethanol production. the experts of the IGC in the June forecast increased the estimate of global corn production in 2020/21 MG for 3 million tonnes to 1,172 billion...
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Weather contributes to the formation of a good harvest in the new season
26.06.2020
Weather conditions that prevailed in major producing countries of grains, contribute to the development of crops, which increases pressure on the prices of the new harvest. Ukraine and Russia next week, precipitation will decline, which will accelerate the collection, and in the U.S. and Europe, periodic rains will favor development of corn and oilseeds. On the Southern plains of the United States in the next 5-7 days will be dominated by dry and hot weather, which...
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Purchase prices for grains in Ukraine on June 26, 2020
26.06.2020
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, $ Vetch 9000 Wheat mill offals 4150 3600 Mustard seeds 12000 10823 ↑ 18 Peas 6433 ↑ 533 6850 6438 182 Buckwheat 16600 Green...
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The fall in oil prices by 6% lowers the price of vegetable oil and canola
25.06.2020
Yesterday, August futures for Brent oil fell by 6% to $40/barrel and WTI crude oil - by 5.8% to 37.8 $/barrel after the publication of the US Department of energy data on the increase in domestic oil reserves of up to 540 million barrels, which again reached a record figure. For the first time in 11 weeks, oil production in the U.S. grew by 500 thousand barrels to 11 million barrels a week. the Increase in oil reserves shows that the US economy is recovering more slowly than...
