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Corn prices supported the intention of China to buy a large batch
14.03.2019
Yesterday, corn futures in Chicago rose 0.9% to 144,56 $/t on the news about the intentions of Chinese state-owned company Sinograin to buy 1-3 million tonnes of U.S. corn delivery from the West coast USA in may-July. Probably, this purchase provided for by the terms of the trade agreement between the US and China, which will be concluded before the end of March. Purchase of corn in the U.S. at current prices will mean that China will pay 10-15 $/t more than in Ukrainian...
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The EU approved the gradual ban on the use of palm oil
14.03.2019
the European Commission has banned the use of palm oil in the production of biofuels from 2030. The corresponding decision announced March 13 at the official site. the Main reason for this decision was the desire to stop tropical deforestation to accommodate palm plantations in Indonesia and Malaysia are the main producers of palm oil. According to the decision, the use of palm oil as raw materials for biofuel production will gradually decrease from 2023, and 2030 from...
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New forecasts and speculators launched the price of wheat down
14.03.2019
After rising on Tuesday by more than 5% wheat futures on Wednesday lost 1.5-2% against the forecast of reduction of the acreage under wheat in the United States. the Agency Allendale estimated the acreage of wheat in the United States in 47,414 million acres, whereas in yesterday's report of the IEG Vantage predict their level of 46.72 million acres. On this news speculators intensified selling, locking in profits after the previous growth. Analysts will...
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Purchase prices for grains in Ukraine on March 14, 2019
14.03.2019
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, $ Peas 7000 6400 220 Buckwheat 7300 Rye 3802 5800 140 Rye grade II 3719 6000 Rye grade III 3671 Coriander...
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Prices for soybeans rise on the forecasts of yield reduction
13.03.2019
After the 6-day fall of soybean futures in Chicago rose by 1.1% amid forecasts of lower production in Brazil and the reduction of acreage in the United States. a new report by the Agency IEG Vantage (Informa) estimate the acreage of soybeans in the US in 2019 was reduced by 550 thousand acres to 85,494 million acres, compared to 89.2 million acres last year. the Brazilian Agency CONAB has lowered the forecast of soybean production in the country in 2018/19 MG by 1.88...
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Increased production lowers prices on sunflower
13.03.2019
According to the March report USDA, world sunflower seed production in the current season will grow by 8% to of 51.46 million tons. compared To 2017/18 MG in the major producing countries harvest will increase as follows: Russia – 22% to 12.71 million tons, EU – 2% to 9.9 million tonnes. in Ukraine by 10% to 15 MT, sunflower oil Production will grow by 6% to 19.45 million tonnes, in particular: Russia – 15% to 4.75 million tons, EU...
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Concern about the fate of the new crop of wheat in the United States supported prices
13.03.2019
After a sharp drop in stock prices on the wheat to a 13-month low, traders expect some adjustment. But the growth of quotations in Chicago 5.7% Kansas 5.3% in a single session pretty surprised. The reasons for the rising prices was the deterioration of the condition of winter crops in Texas. According to the U.S. Department of agriculture, in comparison with the previous week the number of crops of winter wheat in good or excellent condition increased in Oklahoma by 3% to...
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Purchase prices for grains in Ukraine on March 13, 2019
13.03.2019
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, $ Peas 7000 ↓ 150 6400 220 Buckwheat 7300 Rye 3802 5800 140 Rye grade II 3719 6000 Rye grade III 3671 ...
