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The price of soybeans remains high despite an increase in supply on the world market
25.03.2020
soybean Market is influenced by diverse factors, so soybean futures in Chicago have a high volatility. In the beginning of the month they 335 $/t down to the level of $300/t, and in the past three sessions, recovered to 328 $/t the Main factor of pressure remains virus Covid-19, which first, reduced demand from China, and now is suspended ports of South America, where soy exported. After the epidemic is over China will resume the operation of enterprises, making in...
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Will China continue to buy Ukrainian corn this year?
25.03.2020
news of the sale last week of a large consignment of corn from the US to China sparked concern about the possible reduction of demand for Ukrainian corn, which in recent years has almost replaced the American market of China. Last week, USDA has recorded the sale of 756 thousand tons of corn to China, while rumors circulated about the sale of 1.2 million tonnes under the signed the first trade agreement under which China pledged to almost double its import of agricultural products...
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Purchase prices for grains in Ukraine on March 25, 2020
25.03.2020
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 6700 5950 6438 Buckwheat 13000 16000 Rye...
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The purchase price for barley in Saudi Arabia fell to 23 $/t
24.03.2020
Saudi Arabia is the world's largest importer of feed barley, so it tenders the main price indicators for the world market. Due to heavy rainfall in the past and this year, the country reduced import of barley. estimated SAGO, in 219/20 MG will be imported 6.6 million tonnes of barley, and USDA experts expect that in 2020/21 MG imports fell to 6 million tons. the tender On 20 March, the state Agency acquired the largest SAGO with Nov 2018 batch of feed barley...
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Panic buying of the products caused a rapid rise in wheat prices
24.03.2020
the introduction of quarantine to combat Covid-19 in various countries of the world, people react in a panic of purchasing products, creating an artificial demand for cereals and pasta. Restriction of movement between countries complicates the logistics and may cause supply shortages. However, a significant world wheat stocks and lower global demand amid prospects of a good harvest in the new season is not of concern regarding food security in the near future. From...
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Prices on sunflowers growing in the vegetable oil markets
24.03.2020
After the sudden collapse of the last two weeks the price of vegetable oil is gradually beginning to grow with the support of positive news: the lifting of the quarantine in China and the revival of economic activity of the country and constraints of port operations through the quarantine has been imposed in Argentina and Brazil, which are major world exporters. In Ukraine, purchasing prices for sunflower received strong support from the growth of prices for sunflower oil and the...
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Purchase prices for grains in Ukraine on March 24, 2020
24.03.2020
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 2900 Wheat mill offals 2900 Mustard seeds 12000 Peas 6625 5950 6438 Buckwheat 13000 16000 Rye...
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FAO believes that the new pandemic could lead to global food inflation
23.03.2020
Quarantines and panic buying of products can trigger global food inflation, despite the availability of sufficient stocks of grains and oilseeds in major exporting countries - according to UN FAO. Panic on the part of large importers, for example, millers or government, can provoke a crisis. Behavior change in food purchasing can lead to disruptions in the global supply chain. in Recent weeks, all countries of the world, from Singapore to the US, the observed queue in...
