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Strategie Grains the third time reduces the forecasts of grain production in the EU
14.07.2017
the Agency Strategie Grains for the third time lowered the forecast of wheat production in the EU. In comparison with the last report of the crop estimate was reduced by 900 tonnes to 140,7 million tonnes, which still exceeds that of 2016 at 5 million tonnes. Until then, the forecast of wheat production was reduced by 1.1 million tonnes in may and June. the Gross yield of all wheat (including solids) will be 3.3 million tons more than last year, and will be 149,3 million...
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The USDA report collapse of corn prices
14.07.2017
After the release of the "bearish" USDA report corn prices fell by 4% to 146,45 $/t. Precipitation is held in the corn belt of the United States, also pressured prices. compared To the June balance sheet in the July report, the experts, the USDA increased the forecast of world corn production to 2017/18 MG per 5 million tonnes to 1,036 billion tons, which is inferior to the previous season at 32 million tonnes, US production of maize increased from 357,3 to 362,09 million...
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Wheat in Chicago is rapidly becoming cheaper
14.07.2017
the July USDA report did not meet expectations of market participants and made a "bearish" pressure on the exchange, so on Thursday falling of quotations has proceeded. Increased pressure on prices, the fall of neighbouring markets of corn and soybeans. the Weekly export sales were at the low end of expert's expectations. Sales fell spring wheat, to assess the production of which is now the lowest in many years, and quotes for a month already...
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Purchase prices for grains in Ukraine on July 14, 2017
14.07.2017
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 2550 3200 Peas 6483 ↑ 283 6050 218 Buckwheat 7150 Rye 3713 3550 Corn 4663 ↓ 120 4329 4350 153...
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The USDA increased its forecast of soybean production
13.07.2017
Despite expectations of market participants, in a new report, USDA did not change the predicted yield of soybeans and corn in the United States. however, USDA admitted that "in the key producing countries of corn and soybeans in June, rainfall was below normal, but was within tolerance". Assessment of the global soybean production increased from 344,67 to 345,09 mln t, and ending balances from 92.22 to 93.33 million tonnes, 1.4 million tonnes exceeds the...
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Wheat prices remain under pressure news from USA
13.07.2017
the USDA in the July report have reduced compared to the previous balance estimate of the wheat crop in the United States by 1.79 million tonnes to 47,89 million tonnes, mainly through the reduction in the production of spring wheat. the Number of crops of spring wheat in good or excellent condition during the week declined by 2% to 35%, while in 2016 . these were 70%. Collection of winter wheat during the week has progressed by 14% to 67% of the plan, whereas the...
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The increase in forecast rapeseed production puts pressure on prices
13.07.2017
According to the updated balance of Oil World, world production of rapeseed in 2017/18 MG will increase by 0.9 million tons to 64.2 million tonnes. the Largest producers will remain the EU and Canada, for which a production forecast is increased from 20.44 to 21.21 million tonnes and from 19.25 to 19.8 million tons, respectively. Before the canola crop in Canada is estimated at 20 million tons, but even of 19.8 million tonnes-a record breaking figure for the...
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Purchase prices for grains in Ukraine on July 13, 2017
13.07.2017
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 2550 3200 Peas 4373 ↓ 1827 6050 Buckwheat 7150 Rye 3713 3550 Corn 4730 ↓ 58 4329 4350 157...