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Strategie Grains has increased the forecast of oilseeds production in the EU in 2017
31.10.2017
In its October report, analysts Strategie Grains lowered relative to the September forecast evaluation of rapeseed production EU-28 in 2017/18 MG of 21.89 to 21.86 million tons, which is 7.5% higher than the previous season. The forecast acreage of rapeseed increased from 6.73 to 6.74 million hectares, which is 3.4% over last year, and yields increased by 4.2% to 3.25 t/ha. Assessment of production of sunflower increased from 8.75 to 8.96 million tons, an increase of 6.7% over last...
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Purchase prices for grains in Ukraine on October 31, 2017
31.10.2017
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 3000 3700 Peas 7700 ↓ 1300 270 Buckwheat 10250 ↓ 150 Rye 3442 123 Rye grade II 3388 Rye grade III ...
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The agriculture Ministry estimates the grain harvest in 2017/18 MG 62 million tons
30.10.2017
At the meeting on the progress of the harvesting campaign, Deputy Minister agroprodmach M. Martynyuk announced that the Ministry estimates the harvest of grain and leguminous crops in the 2017/18 season at 62 million tons. Clarification of the forecast after data harvesting corn. As of 25.10.2017 with 2.5 million ha (accounting for 55% of planted corn acreage) produced 11.7 million tons of grain with a yield of 47.4 t/ha, whereas last year it was 58.3 kg/ha Decrease in yield...
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A stronger dollar weighs on wheat prices
30.10.2017
on Friday, the third day in a row, U.S. wheat market closed higher after a drop in prices. the Strengthening of the dollar to a three-month high deteriorates and so is not too high competitiveness of US wheat. Additional pressure on prices had increase to a record level forecast of world ending wheat stocks in its October report, the IGC. December futures U.S. wheat fell: at 1.10 $/t to 156,25 $/t for hard wheat HRW in Kansas city, 1.29 $/t to 226,70...
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Prices for palm and soy oil are growing
30.10.2017
the Seasonal increase in September palm oil production in Malaysia and Indonesia led to the fall of the October palm oil quotations, in 646-650 $/t FOB Malaysia. However, due to the increased demand from China and India, the Malaysian export of oil in October grew by 8.6%. On the background of rise in price of oil, which has crossed the psychological level of $60/barrel, this caused the increase in the cost of the November futures of palm oil by 16 $/t to 665 USD/MT FOB...
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Purchase prices for grains in Ukraine on October 30, 2017
30.10.2017
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 3000 3700 Peas 9000 270 Buckwheat 10400 Rye 3442 123 Rye grade II 3388 Rye grade III 3329 ...
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The price of wheat in Chicago to accelerate the fall of the
27.10.2017
on Thursday at the wheat exchange in Chicago accelerated the fall in prices, which began the day before. Investors rely on the condition of crops and the level of export sales of U.S. wheat. Precipitation replenished the soil moisture reserves in the major areas of the American Plains. the Amount of weekly export sales came close to the lower level of expert expectations, which confirms the demand for winter wheat. December futures U.S. wheat fell: 1.93...
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USA plan to raise the import duty on biofuels
27.10.2017
the U.S. Government is again planning to raise import duties on Argentine biodiesel from existing 64,17% to 70%, and on Indonesian – to 50,71%. It is expected that official information about this will be published on 3 January 2018. the Ministry of Commerce the increase in import duties explain the need to protect American producers of biofuels as the price of imported products are currently considerably below the level of prices in the domestic U.S....