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USDA raised its forecast of oil production by 2.8 million tonnes
14.08.2017
In its August report, the experts, the USDA increased the estimate of world production of oilseeds in 2017/18 MG in comparison with the previous balance of 2.8 million tonnes to 576.7 million tonnes, mainly due to the growth of soybean crop. the Forecast for world soybean production in season 2017/18 increased by 2 million tonnes to 347,36 million tons, which is inferior to the previous season by 4.34 million tons. For the U.S., the forecast of soybean production...
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Prices for vegetable oils are an additional signal to reduce
14.08.2017
India, the world's largest importer of vegetable oil, raised import duty on crude and refined oils to protect local manufacturers from dumping by suppliers from Malaysia and Indonesia. According to government regulation, were raised import duty on crude palm oil to 15% and refined palm oil up to 25%. there was Also increased import duty on crude soybean oil from 12.5% to 17.5%. India spends about $ 10 billion for large-scale purchases of palm oil in...
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Wheat stock exchange reacted to the USDA report drop in prices
14.08.2017
the August USDA report led to a rapid drop in the price of American wheat on Thursday and Friday. Most lost in the price of spring wheat in Minneapolis, which for two days has depreciated by 22 $/t. Experts believe that the losses from drought in the North American Plains are not as significant as previously predicted. the September wheat futures in the United States for two days fell: soft wheat SRW in Chicago by 7.44 $/t to 161,39 $/t, for hard wheat HRW in...
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Purchase prices for grains in Ukraine on August 14, 2017
14.08.2017
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 3200 ↑ 100 3200 Mustard seeds 13000 18500 Peas 6638 ↓ 12 6125 ↓ 125 6225 5800 216 Buckwheat 13000 ...
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The USDA forecast the collapse of prices for corn, soy and wheat
11.08.2017
After the publication of the August report USD futures on corn, soybeans and wheat fell sharply. Traders were expecting a more neutral report no significant changes to balances of production and carryover stocks. the September winter wheat futures in Chicago fell by 3.8% to 4.42 $/bushel, which is the minimum of the last two months. the December spring wheat futures in Minneapolis, which has been a driver of price growth in July declined by 3.4% to 7.20 ½...
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Strategie Grains has increased the forecast production of wheat, barley and maize for the EU
11.08.2017
the Harvesting campaign in the EU demonstrates the variety of yield and grain quality in different regions, - informs the Agency Strategie Grains in a new report. In the countries of South-Eastern Europe received a good performance, but in Germany and other countries that suffered from excessive rainfall, the situation continues to deteriorate. Forecast of production of soft wheat countries increased from July 140,7 million tonnes to 141 million tonnes, which is 4% higher than the...
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Global supply of wheat in the 2017/18 season will reach a record level
11.08.2017
the August balance forecast USDA wheat in 2017/18 MG is purely a "bear" character. And the reasons for such influence are mostly of Russian origin. Market participants did not expect that the forecasts of world production and ending stocks for wheat will be substantially increased. U.S. markets reacted to the report a fall in wheat prices by 3%, which today will come to other platforms. the global production immediately increased by 5.35 million tonnes to 743,18 mln T....
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Purchase prices for grains in Ukraine on August 11, 2017
11.08.2017
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 13000 ↓ 3000 18500 Peas 6767 ↑ 117 6250 6200 216 ↓ 1 200 Buckwheat 13000 ...