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The oversupply of wheat in the world allows importers to lower the price
18.05.2017
Despite the decline in global wheat production to 2017/18 MG to 737,8 million tons, the volume of proposals remains very high, and carryover stocks will exceed that record this season. Oversupply allows importers to reduce prices, to revise the requirements for quality of grain and to adjust the volume of purchases. Egyptian State operator GASC has increased by 0.5% the rate of protein content in wheat, which plans to buy in the tender. Under the new rules, the content...
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Purchase prices for grains in Ukraine on May 18, 2017
18.05.2017
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 Peas 6700 6567 Buckwheat 14750 Corn 4747 ↓ 18 4450 ↑ 14 4367 ↓ 8 4400 155 146 Flax 9700 9000 ...
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In the 2017/18 season, world stocks of barley will be the lowest for 30 years
17.05.2017
According to experts, the USDA, in 2017/18 MG world stocks of barley reached its lowest in 30 years and will be only 17.5 million tonnes, which is 29% lower than the projected figure for the current season. According to analysts, the attractiveness of this crop to farmers is reduced, which leads to a reduction in the acreage of grain and a corresponding decline in gross collection. In season 2017/18 world acreage under barley will be reduced by 960 thousand hectares to 47.2 million...
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Sowing 2017: the pace of work is inferior to last year
17.05.2017
As of may 16, domestic farmers sowed grains and legumes on 90% of the planned sowing areas, which is 6,526 million hectares, whereas at the same date last year the figure stood at 6,692 million hectares - agriculture Ministry reports. Early grains planted 98% of the forecast of 2.31 million hectares, in particular: barley – 95% or 1,561 million hectares oats – 95% or 197 thousand hectares, wheat – 96% or 171 thousand hectares peas –...
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China will reduce the import of grain in the new season
17.05.2017
Despite the expected decrease in the gross harvest of corn in China in 2017 by 4% to 211,5 million tons, CNGOIC experts in the may forecast, warn of possible reduction of imports of grain by 25% to 1.5 million tonnes because, although regular auctions for the sale of state stocks, they still remain quite significant. the Import of wheat will decline by 13%, although the harvest will match the previous year's level (129.2 million tons). the Import of barley will...
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Purchase prices for grains in Ukraine on May 17, 2017
17.05.2017
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 Peas 6700 6567 Buckwheat 14750 Corn 4763 ↓ 42 4436 ↓ 12 4367 ↓ 8 4400 ↑ 40 155 146 Flax 9700 ...
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Prices for sunflower oil are rising, despite the lack of factors of support
16.05.2017
After the formal withdrawal of Turkey's trade restrictions to products of the Russian export prices for sunflower oil increased by 5-15 $/t to 710 $/t FOB. The price increase observed for the first time since December of 2016. For the first 7 months of the current season, Russia exported 1.3 million tons of sunflower oil, which was a record figure for the specified period and 1.3 times higher than exports for September 2015 – March 2016, when it was sold 0.96 million...
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In the US and the EU wheat prices continue to decline
16.05.2017
the Decline that began on Friday on the U.S. wheat exchanges continued into Monday. Market participants pay more attention to the significant volume of global supply. the Pace of sowing of spring wheat exceeded the expectations of experts. As of may 14 planted 78% of the planned areas, while the same period last year was 87% and the average for five years – 73%. the Condition of the winter wheat crop continues to deteriorate. During the week the share of crops...