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Trump UPS the ante in the trade war with China
03.08.2018
Bloomberg, citing its own sources reported that the administration trump plans to introduce a 25% import duty on goods and services with China in the amount of $ 200 billion, as it considers that insufficient previous intentions trump to impose 10% duty on the extra extended the list of goods and services. the Minister of Commerce of the U.S. V. Ross reported that, in the opinion of the President, the time has come to increase pressure on China, because instead of having to change...
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The main importers yesterday bought the wheat at a high price
03.08.2018
Yesterday it became known the results of tenders for purchase of wheat, which were held by major importing countries. Egyptian state operator GASC bought 180 TMT of Russian and 60 TMT of Romanian wheat for September delivery at a price 253,3 $/t CFR, which is 7.5% higher than the price last week. the Ministry of trade of Iraq has purchased from Cargill 50 thousand tonnes of Australian hard wheat at a price of 335 $/t СРУF, whereas in the beginning of July bought in...
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Wheat prices increased due to potential export restrictions from Ukraine
03.08.2018
Yesterday, the Deputy Minister of agriculture of Ukraine announced on the social network about the intention to sign in the near future with traders annual Memorandum on the restriction of exports of wheat. Within hours after the appearance of this information the wheat prices in Chicago rose by 4.7%, however, after verifying returned to the initial level, updating the maximum price in July 2015. the September wheat futures in the U.S.: 2.02 $/t to 209,16 $/t for...
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Purchase prices for grains in Ukraine on August 3, 2018
03.08.2018
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, $ Vetch 6000 Mustard seeds 15000 18250 Peas 5967 ↑ 42 5532 ↓ 44 4200 189 ↓ 1 Rye 3507 Rye grade II 3464 Rye grade III ...
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Prices for rapeseed continue to rise
02.08.2018
According to the Association of German farmers (DBV), for the "catastrophic impact of the drought, the harvest of rapeseed in Germany in comparison with last year will decline by 24% to 3.3 million tons. For the compensation of damages, the Association asks for 1 billion euros of financial assistance ($1.2 billion), but the government first decided to wait for a report about the harvest the Ministry of agriculture, which will be released in late August. On this...
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The decrease of the production forecast for Germany has raised prices to a new high
02.08.2018
Yesterday the Association of German farmers (DBV) reduced the forecast of grain production in 2018 by 20% to 36 million tons due to the extreme heat, which in may was the strongest since 1881. The production of wheat in Germany, which is the second after France grain producer in the EU, will be reduced by 25% to 18 million tons. influenced by the new forecast of the September futures milling wheat in Paris rose by 5 €/t to 207,25 €/t or 241,73 $/t and has updated the...
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The devaluation of the hryvnia compounded by the growth of grain prices
02.08.2018
Currency purchase prices for grain in Ukraine growing in the world. However, due to the devaluation of the national currency hryvnia prices increased further by 2-3%. Experts expect stabilization of the hryvnia in summer at the level of 26.5 UAH/$ by increasing foreign exchange earnings from farmers and a gradual fall since the beginning of autumn, due to rising demand from importers and the need for Ukraine to pay foreign debts. However, the dollar began to rise now...
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Purchase prices for grains in Ukraine on August 2, 2018
02.08.2018
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, $ Vetch 6000 Mustard seeds 10000 18000 Peas 5900 ↑ 100 5532 ↓ 44 4200 189 Rye 3507 Rye grade II 3464 Rye grade III ...