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New USDA report surprised the market soy
13.09.2017
on Tuesday, after the release of a new USDA report, in which the yield of soybean increased to 49.9 bushels/acre or a 3.35 t/ha, prices for soybeans and corn fell substantially. However, at the end of the trading session they have played almost half of the drop. Traders do not believe the increase in soybean crop, as according to other analytical agencies the size of soybean pods less than last year, and only 61% of the crop is in good or excellent condition, whereas last year this figure...
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Double impact USDA in the price of corn
13.09.2017
the September report, USDA immediately twice hit the price of U.S. corn. First, the average corn yield once again increased by 0.4 bushels/acre to 169.9 bushels/acre (10,65 t/ha) with the expectations of traders in 168,2 bushels/acre. Accordingly, the evaluation of the grain harvest in the U.S. increased by 800 thousand tons to 360.3 million tons. Second, the forecast of consumption of U.S. corn was reduced by 1.27 million tons because of reduced production and exports of...
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The USDA increased its forecast of wheat production and reduced the rating balances
13.09.2017
In a new report, the USDA increased the forecast of world wheat production by 1.7 million tonnes to 744,85 million tons. Most of the forecast gross yield increased to Russia, where, thanks to favorable weather conditions, the wheat harvest will reach a record 81 million tons, 3.5 million tons will exceed the August estimate. At the same time in Australia, production fell by 1 mln t in the EU – 700 thousand tons. The initial transition inventory was reduced by 2.7 million...
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Purchase prices for grains in Ukraine on September 13, 2017
13.09.2017
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, $ CIF, $ Wheat mill offals 3100 3200 Mustard seeds 10000 20000 Peas 6450 7500 7125 Buckwheat 11000 11800 Rye 4300 ...
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Prices for soybeans and sunflower continues to grow
12.09.2017
oilseed market prices for vegetable oil remained at a high level, while the raw materials for them are relatively inexpensive. Traders expect falling prices for oil, therefore, did not raise procurement prices for soybeans and sunflower, and canola only thanks to active demand in August showed significant growth. However, after reduction by the European Commission import duties on Argentine biodiesel during the week rapeseed in the EU fell from 370 to 361 €/t or 432 $/t In...
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Egypt again blocked the acceptance of consignments of wheat
12.09.2017
the Quarantine service of the Egyptian port of Safaga refused to accept the party 59 thousand MT of wheat of French origin, on suspicion of contamination with poppy seeds. Until a final clarification of quality indicators traders stopped shipments of wheat to Egypt. Recently, for the same reason, was denied admission to Romanian wheat. Through that December futures milling wheat on MATIF fell by 0.5 €/t to 159 €/t (190,17 $/t). In agroproduction Ministry of...
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The Finance Ministry plans to simplify the farmers of registration of tax invoices
12.09.2017
recently, the trend of increasing cases of suspension of tax invoices in enterprises of the agricultural sector has forced the Finance Ministry to change the registration process that will avoid such difficulties. It is planned to provide taxpayers with the resolution on submission of documents (routing) to complete the transaction, then they will be considered within 10 working days. If the documents to be deposited of the DFS, further tax invoices or adjustment operation will not be...
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Purchase prices for grains in Ukraine on September 12, 2017
12.09.2017
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, $ CIF, $ Wheat mill offals 3100 3200 Mustard seeds 10000 20000 Peas 6450 7500 7125 Buckwheat 11000 11800 Rye 4300 ...