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The USDA increased the forecast of corn production
13.05.2019
Friday's report USDA the production and consumption of oilseeds and grain crops in the United States was so bearish that the price of corn has fallen by 4% to 137,4 $/t In the may report forecast world corn production in 2018/19 Mr increased by 12 million tonnes to 1,119 billion tons for that carryover stocks will grow by 12 million tonnes to 325,94 million tons. the Forecast of the corn crop in Argentina increased by 2 million tonnes to 49 million tonnes, Brazil-4...
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Purchase prices for grains in Ukraine on May 13, 2019
13.05.2019
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, $ Wheat mill offals 3000 Mustard seeds 15000 Peas 6700 6200 195 Buckwheat 7000 Rye grade II 8000 6700 ...
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The U.S. raised the import duty on Chinese goods
10.05.2019
the decree of the President of the United States an increase from 105 to 25% import duties on Chinese goods worth 200 billion $ came into effect on may 10. President, trump announced this decision on may 5 and explained his very slow progress the next round of trade negotiations between the US and China, which took place may 9-10. In turn, the Ministry of Commerce of China said that "the Chinese government is very disappointed with such step by the U.S....
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The corn futures in Chicago fell by 4.5%
10.05.2019
the corn Futures in Chicago fell for the second day in a row amid increasing tensions with China and the release new balance USDA. Today at 12:00 in the United States introduced a 25% duty on Chinese goods worth $ 200 billion, because yesterday the talks between the delegations of China and the United States had no results. because of this, prices for soybeans fell by 2.7% to 298,6 $/ton, corn – 4.5% of 139.2 to $/t prices pressure reduction of corn...
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Tender in Egypt supported prices for sunflower oil
10.05.2019
Egyptian operator GASC has purchased the tender from the company Glencore 30 thousand tons of sunflower oil for delivery in August at a price of 706 $/t CFR in the $7/t exceeds the purchase price APR. the price of sunflower oil in Egypt for the first time since the end of last year crossed 700 $/t CFR against reduction proposals from the Ukrainian side. Also, GASC has purchased 18.5 thousand tons soybean oil local production for delivery in July at a price 672,63 $/t...
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Purchase prices for grains in Ukraine on May 10, 2019
10.05.2019
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, $ Wheat mill offals 3000 ↓ 400 Peas 6700 6200 6200 195 Buckwheat 7000 Rye 3817 6000 Rye grade II 4190 6700 ...
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Trade balance for 4 months has deteriorated to $ 2 billion
08.05.2019
the Volume of foreign trade of Ukraine during the first 4 months of 2019 increased in comparison with the corresponding period in 2018 at 7% 32,387 billion $ 34,749 $ billion, - informs the DFS. Exports of goods increased by 6% to 16,362 $ billion, imports – by 8% - up to 18,386 $ billion and a negative foreign trade balance increased to 2,024 billion dollars. the Largest share in exports are agricultural products and foodstuffs – 7,055 $ billion or 43.1%...
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Political tensions between the US, Canada and China holds in the uncertain markets of oil
08.05.2019
China enforces the prohibition of imports of soybeans from the United States and canola oil from Canada, as a lever of influence in the political and trade disputes. as a Result of suspension of soybean imports from U.S. prices for the year fell by 20-25% and continue to decline amid uncertainty over future relations between the US and China. American farmers were planning for 7-8% reduction in acreage under soybean, but may even have to increase the delay of sowing of spring wheat...