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The prospects for the new crop put pressure on wheat prices
05.04.2019
the Increase in export sales to record levels has not led to higher prices for wheat in Chicago, which testified to the increasing pressure on the market of good prospects for new crop. According to the report of USDA, export sales of US wheat over the week grew by 48% to 704,7 million tonnes, far exceeding expert expectations and is approaching the record for the current season. the May wheat futures in Chicago fell as investors began to take profits after two days of...
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Rates of sowing of spring crops in Ukraine and Russia twice last year
05.04.2019
Due to early spring low temperatures and rainfall, the sowing campaign in Ukraine and Russia more actively last year, which gives hope for obtaining a good harvest. According to the Ministry of agrarian policy, on April 4, in Ukraine grain and legumes planted 1.7 million hectares or 75% of the planned, in particular: peas – 247 thsd ha (73%), wheat – 118 thousand hectares (71%), oats – 112 thousand hectares (57%). barley – 1.2 mln ha (77% of...
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Purchase prices for grains in Ukraine on April 5, 2019
05.04.2019
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 2800 Peas 7000 6400 6400 Buckwheat 7000 Rye 6500 ↑ 2678 5425 Rye grade II 3700 ↓ 17 ...
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Prices for rapeseed remain in limbo because of the relationship of Canada and China
04.04.2019
China to continue the political pressure on Canada after the arrest of Finance Director of Huawei Meng Wanzhou, already canceled a permit for the import of canola to a third canadian company. Canada exporting to China 40% of the canola, it will be difficult to compensate for the loss of this market. China also will not be able to replace the canadian canola because rapeseed crop in the EU will decrease due to the reduction in acreage, and in Australia for a long period of drought....
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Algerian tender led to a speculative increase in the price of wheat
04.04.2019
the Algerian grain Agency OAIC has purchased the tender 180 thousand tons of milling wheat optional origin for may 16-31 shipping price 235-236,5 $/t C&F, which by 3 $/t higher than at the previous auction on March 13, where it was purchased 450 thousand tons of milling wheat. the results of the tender have supported wheat prices in Paris, as part of the purchased wheat is of French origin. Additional factors support the lack of proposals from manufacturers and logistic...
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The pace of grain exports in Ukraine exceed the last year's, in Russia - behind
04.04.2019
In the 2018/19 season Ukraine exported about 38.3 million tonnes of grain, compared with 31 million tonnes in the corresponding period of the previous season. According to estimates by the agriculture Ministry, to the end of the season will be exported 49 million tonnes of grain, compared to 39.4 million tonnes in 2017/18 MG. in Particular, as of April 3, exported: wheat – 13.5 mln tons. corn – 20.8 million tons, flour Exports in comparison with...
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Purchase prices for grains in Ukraine on April 4, 2019
04.04.2019
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 2800 Peas 7000 6400 6400 Buckwheat 7000 Rye 3822 5450 Rye grade II 3717 6500 Rye grade...
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Experts increased the forecasts of soybean production and corn for Brazil
03.04.2019
a Record early harvest of soybeans in Brazil has not yet been possible to determine the final estimates of production, as after a drought in December and January the crop forecasts of the initial 120-125 million tons fell to 112-115 million tons. In March, the experts, the USDA estimated soybean production in Brazil of 116.5 million tonnes, but analysts Conab – reach 115.3 million tonnes, and next week, both the official Agency will update its estimates. Yet own...