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Prices for black sea wheat has increased by 10-15 $/t after the exchanges in the United States and the EU
27.03.2020
Panic buying products in countries where imposed quarantine, and rumors of a possible restriction of exports led to a sharp increase in demand for wheat. After the speculative growth of quotations at stock exchanges of the USA and the EU, prices for black sea wheat, which remains the cheapest in the world also increased. But experts believe that soon the demand for wheat will decline, as the population has acquired stocks of products, and most of the establishments is not working....
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IGC expects a record grain harvest in 2020/21 MG
27.03.2020
IGC Experts predict that in 2020/21 MG the world grain production will increase compared to the previous season by 2% to a record of 2.22 billion tons, But the forecast remains the same until the situation with the pandemic Covid-19 does not become clearer. quarantine Due to logistical constraints may prevent the timely delivery of seeds, fertilizers, and carrying out of spring field works. Now, however, the IGC suggests that the sowing campaign goes according to...
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Purchase prices for grains in Ukraine on March 27, 2020
27.03.2020
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 10500 2900 Wheat mill offals 3325 ↑ 425 Mustard seeds 12500 Peas 6575 5950 6438 Buckwheat 15500 ↑ 2500 16000...
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FAO believes that the epidemic Covid-19 may destroy the global system of food
26.03.2020
the spread of the virus Covid-19 and the strengthening of measures to combat it in the next few months will significantly increase the burden on the global system of food - according to the UN FAO. a New disease has become a global problem that threatens not only lives, but livelihoods. It also changes the demand and supply of food. The imposition of quarantines, border closures and establishments of trade and services, reduce the availability of quality and diverse products,...
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Speculators warmed up wheat prices to 2-month high
26.03.2020
After a slight fall yesterday on the eve of world wheat prices resumed growth and may futures reached a 2-month high. following the adoption by the Senate of the package to support the economy at $ 2 trillion, the stock markets were up 10-12%. Against this background, speculators in the commodity markets continued purchasing in anticipation of further price increases. Markets maintains high export demand and introduced in some countries restrict food exports. Iraq that...
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Selected U.S. Senate $ 2 trillion supported only stock markets
26.03.2020
Two days in the U.S. Senate, Democrats and Republicans agreed on a package of assistance to the economy and population of the country after quarantine and stoppage of businesses to prevent the spread of Covid-19. This gave a positive signal to equity markets, and within two sessions the major stock market indices rose by 10-16. 5%, in particular the Dow Jones 16.5% to 21200 p., S&P 500 by 12.5% to 248,54 p., the Nasdaq Composite by 10% to 7384 n, which allowed us to return to...
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Purchase prices for grains in Ukraine on March 26, 2020
26.03.2020
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 10500 2900 Wheat mill offals 2900 Mustard seeds 12500 Peas 6650 5950 6438 Buckwheat 13000 16000 Rye...
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The price of palm oil rose 3% after the introduction of the quarantine
25.03.2020
Yesterday, the Malaysian government imposed a quarantine and announced the suspension until March 31, production on the plantations in the main provinces producing palm oil Tawau, Lahad datu, Cabatangan and Sabah to prevent the spread Covid-19. Futures on palm oil exchange in Malaysia grew by 2.8% to Ringgits 2353/t or 531,39 $/t, even though announced in three weeks quarantine in India which is the largest buyer of palm oil, which will lead to a drop in demand. Global...
