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Strong demand supports the price of corn
22.01.2018
on Friday in Chicago March corn futures rose 0.5% to 139.4 $/t, for the third time in the last half of the year exceeded the average 50 day price level. the Main driver of growth rates was the results of weekly export sales, which reached the second largest in the 2017/18 season increased to 1.89 million tons. the volume of corn exports from the U.S. last week fell by 25.9% to 659,71 thousand tons, which is 28.9% lower than in the corresponding week of last...
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The price of soybean meal is increasing due to the reduction in exports from Argentina
22.01.2018
the European feed market is concerned about the instability of supplies of soybean meal from Argentina, especially against possible crop losses due to adverse weather conditions, which had a direct impact on prices. Experts exchange Buenos Aires assess the condition of 37.3% of the crop as good to excellent, whereas a year ago the figure was 52.6 per cent. Last shipments of the Argentine meal in the EU is scheduled on 20 and 31 January, after which it will break in the...
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Purchase prices for grains in Ukraine on January 22, 2018
22.01.2018
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, $ Vetch 100 Wheat mill offals 3100 Peas 6500 6038 ↑ 13 Buckwheat 9150 7500 Rye 3442 3200 Rye grade II ...
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The price of wheat in Europe is falling under pressure from the strong Euro and poor export
19.01.2018
After rising slightly on Wednesday, French wheat yesterday has again started to become cheaper. A two-day growth of wheat futures in Chicago succeeded in limiting the intensity of the fall. the Pessimism of traders due to further strengthening of the Euro and the deterioration of forecasts of exports of European grain. the Agency Strategie Grains has once again lowered its assessment of exports of European wheat in 2017/18 MG. Relative to the December forecast, the...
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India plans to again increase the import duty on vegetable oils
19.01.2018
To support their own products the Indian government is planning the third time in recent months to raise the import duty on palm oil and olein, sunflower and cottonseed oil. it is Expected that this decision on the eve of parliamentary elections in the country, will increase the goodwill of the electorate, particularly farmers, to the current government. in Recent times, India has raised the import duty on palm and soy oil to 30-40% in November 2017. After that, the...
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IGC has greatly increased the estimate of world ending stocks for wheat and corn
19.01.2018
Experts CIG increased in comparison with November forecast estimate of world corn ending stocks in the 2017/18 season with 206 to 322 million tons. Most of all, the adjustment for China. Forecast final residues of wheat in the world increased in comparison with November by 5 million tons to 254 million tonnes, 13 million tonnes will exceed the level of the 2016/17 season. Production estimate increased by 8 million tonnes to 757 million tonnes, 2 million tonnes higher than the...
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Purchase prices for grains in Ukraine on January 19, 2018
19.01.2018
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, $ Wheat mill offals 3100 3700 Peas 6500 6025 ↑ 200 Buckwheat 9150 ↑ 150 7500 Rye 3442 ↑ 4 Rye grade II 3392 ↑ 4 126 ...
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Prices for sunflower and soybeans are rising because of the devaluation of the hryvnia
18.01.2018
UAH purchase prices for grains and oilseeds in Ukraine continue to rise gradually due to the devaluation of the national currency, which rate on the interbank market yesterday fell to 28.7 UAH/$. Soya at all bases of supply has risen by 150-200 UAH/t, sunflower – 100-150 UAH/t the Exchange rates at the port remained at 364-365 $/MT for soybeans with GMOs and 385-400 $/t for soybeans non-GMO. Global soybean market is under pressure of increasing forecasts of...