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Buyers are in no hurry to buy wheat at high prices and expect them to decrease due to the reduction in global demand, while speculators are trying to heat up the market.   Wheat futures grew after oil prices in anticipation of OPEC meeting+ and possible production cuts. But Russia and Saudi Arabia not agreed so the meeting was moved from Monday to Thursday. Perhaps agreement was not achieved, and the intention of Saudi Arabia to press Russia on European markets tightened the...

Experts Oil World has lowered the forecast of world production of biodiesel in 2020 by 3.9 million tonnes to 43.5 million tonnes, but it is not excluded to further reduce production in case of continuation of the developed countries of quarantines through Covid -19.   Reduction in demand for automobile fuel reduces the consumption of ethanol and biodiesel that lowers the price of corn, sugar cane, rapeseed and palm oil.   the Main consumer of Ukrainian rapeseed is the...

the deputies Adopted the law on land reform and adopted in first reading the draft law on banking activities increase the chances of Ukraine to receive aid from the IMF, which reduces the panic about a possible default on the background introduced through Covid -19 quarantine.   on the night of March 31 the Verkhovna Rada 259 votes "for" abolished from 1 July 2021г. the moratorium on sale of agricultural land and supported in the first reading the bill # 2571-d on the...

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 3300 ↓ 250 Mustard seeds 12500 Peas 6500 5700 Buckwheat 13000 20000 ...

the Sharp decline in world food prices in March due to reduced demand as a result of the pandemic Covid -19 and falling oil prices.   Index of food prices FAO compared with February decreased by 4.3% to of 172.2 p. the Dynamics of prices at the present time is not determined by the supply and demand for goods, reduction of which impairs the economic Outlook.   Total for the month fell the FAO food price index sugar – just 19.1%. The reason was quarantined catering...

Delivery of grain in Argentine ports is getting better, and ports Up-River, Quequen and Bahia Blanca have been restored acceptance of product. Local authorities allowed the passage of trucks, which was restricted by quarantine regulations in the cities, which led to the rapid increase in world corn prices last week.   the Argentine Government is working with local authorities and trade unions, trying to restore the export to avoid the financial collapse of the...

in Late February, oil prices tumbled after Russia and the OPEC countries failed to agree on production cuts. During March, oil prices gradually declined under pressure of lower demand due to a pandemic virus Covid -19 and the imposition of quarantines by most countries.   Quotes of Brent oil in the last days of March fell to 22.8 $/barrel, April 1, but recovered to $25/barrel. Yesterday during a session at London exchange ICE they have grown by 29.06% to 31.93 $/barrel, while June...

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 3475 Mustard seeds 12500 Peas 6575 5700 ↓ 100 Buckwheat 13000 ↓ 2500 20000 ...