-
Wheat prices in the U.S. rose despite a neutral balance USDA
11.12.2019
balance December USDA for wheat was almost unchanged compared to November, but only thanks to growth of production and ending stocks in China, while the forecasts of the harvest and of wheat exports for Argentina and Australia have reduced expectations of traders. Balance for US is not changed, only increased the estimate of exports. In comparison with the previous report, the forecast of wheat production in China increased by 1.59 million tonnes to 133,59 million tonnes, Russia by...
-
The USDA report for corn was bearish using updated data for China
11.12.2019
Analysts expect the December USDA report for corn slowdown in production and exports to the U.S., but experts USDA left them unchanged, what really surprised the market. In addition, they increased the production forecast for China to 6 million tons according to the statistical Bureau of the PRC, which will lead to an increase in world ending stocks to 4.6 million tonnes to 300,56 million tonnes, while traders expected a reduction of 1 million tons of amazing with this growth of production and...
-
The purchase price of wheat in Egypt had risen by 2.25 $/t
11.12.2019
At yesterday's tender, the Egyptian GASC bought 355 thousand tons of French, Romanian, Ukrainian, and Russian wheat protein 12.5% and delivery 5-15 February at an average price of 222,44 $/t FOB or 238,19 $/t CFR, which is 2.25 $/t higher than at the previous auction, when it was purchased 295 thousand tons of Russian wheat at a price 221,9 $/t FOB or 235,94 $/t CFR. We will remind that on tender November 13, was contracted, 465 thousand tons of wheat with delivery 1-15 January at an...
-
Purchase prices for grains in Ukraine on December 11, 2019
11.12.2019
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, $ Mustard seeds 11000 Peas 6250 5250 188 Buckwheat 15500 12500 14000 Green peas 9100 Corn 4429 ↓ 11 3706 3372 ↑ 32...
-
The price of palm oil rose to 700 $/t
10.12.2019
Rapid rise in palm oil, the cost of which perevyshina prices of American futures for soybean oil continues to heat the vegetable oil markets. the Main driver of growth remains strong demand from China, which in November increased compared to November 2018, the import rolinda oils on 70,3% and soy – 53.8%. outbreaks of ASF for the year has reduced the number of pigs in China by 41% and November was the first month when it in comparison with the previous month...
-
Prices for oilseed rape growing because of lower crop forecasts in the EU
10.12.2019
Strategie Grains Experts predict that next year the production of rapeseed in the EU will grow to 18.46 million tonnes in comparison with 13-year low this year – loss of 16.85 million tons. the harvest Forecast for 2020 is still one of the lowest in recent years after planting, when Western Europe suffered greatly from the drought. It corresponds to the original Strategie Grains forecast for November, where the rapeseed crop was estimated lower than 19 million...
-
Wheat prices stabilized in anticipation of the new influencers
10.12.2019
Stock prices for wheat stabilized pending the outcome of the tenders announced by the major importing countries. Before the publication of the December USDA report they did not respond to the lower crop forecast for Australia and report on the quality of wheat in Argentina. In yesterday's forecast experts INTL FCStone estimated the wheat crop in Australia in 2019/20 MG 14.97 million tons, which is 5.6% below the official forecast, released last week. Australia risks losing...
-
Purchase prices for grains in Ukraine on December 10, 2019
10.12.2019
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, $ Wheat mill offals 198 Mustard seeds 11000 Peas 6250 5250 220 188 Buckwheat 15500 12500 14000 Green peas 9100 Corn 4435 ↓...