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The reduction in harvest in Germany may significantly affect European prices
16.07.2018
No rain in Germany this season, was the reason that expected the worst since 2011, the grain yield of 41.1 million tons. This forecast was made by analysts of the German company DRV. As noted, for many farmers in areas of drought the situation is threatened by the economic crisis, the more that last year did not bring a good harvest, according to DRV. In fact, threshed volumes may be even lower than last year grain crop at 45.5 million tons and below long-term average of almost 48...
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Wheat prices continued to rise under forecasts of production decline
16.07.2018
In the wheat markets, prices continue to rise under the influence of the data on the decline in the harvest forecast in the July USDA report . on Friday, the Ministry of agriculture of Russia lowered its forecast for wheat production in Russia to 64.4 million tonnes, 2.6 million tonnes less than the updated forecast by the USDA . Data on productivity of wheat in Germany and France show a decline in total harvest. But since the question remains open, traders continued...
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Prices for soybeans in Chicago dropped to a new low
16.07.2018
on Friday, soybean futures in Chicago updated at least 10 years and dropped to 306,9$/t under pressure from bearish report from the USDA, which was released Thursday. Experts in the July report increased the forecast of production by 4.24 million tons to 359,49 million tonnes and more have reduced the volume of trade soybeans in 2018/19МГ 5 million tons to 157,3 million tons. the Increase in production is projected in the United States, Brazil and Argentina, and...
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Purchase prices for grains in Ukraine on July 16, 2018
16.07.2018
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, $ CIF, $ Wheat mill offals 4400 Mustard seeds 10000 18000 Peas 5675 ↑ 125 5567 186 Rye 3507 3200 Rye grade II 3464 ...
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USDA again reduces forecast for global wheat production in 2018/19МГ
13.07.2018
the Department of agriculture (USDA) in its July report significantly, by 8.43 million tons to 736,26 million tons, has lowered the forecast of world production of wheat in the season 2018/19. This was 3% less than in the past, record-breaking season and the third figure of production in history. Production growth in the US compared to the forecast of June (almost 1.5 million tons) will be offset by reduced collection in Australia at 2 million tons, the EU is 4.4 million tonnes in China, 1...
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Wheat prices are rising again under the lower forecast production in the EU
13.07.2018
European analysis Agency Strategie Grains on Thursday lowered its forecast for soft wheat production in the EU with 139,9 million tons, according to the June settlement to 132.4 million tonnes. The new figure is almost 7% below the harvest in 2017. Strategie Grains also confirmed its forecast for soft wheat production in France, which was made in the beginning of the month – 33.2 million tons, 4.6 million tons less than forecast in June. the Forecast for Germany...
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USDA predicts decrease in carryover and increased consumption of maize in the new season
13.07.2018
Traders were expecting a bearish USDA report, with the substantial increase of corn production in the United States due to the increase in acreage and yield. But experts at the USDA surprised the market by leaving unchanged the forecast of corn yield in the USA, and also reduced the forecast opening balances due to the growth of exports in the current season, and the growth of domestic consumption for ethanol in the new season. This has led to growth of quotations on corn by 2.8% to...
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Purchase prices for grains in Ukraine on July 13, 2018
13.07.2018
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, $ CIF, $ Wheat mill offals 4400 Mustard seeds 10000 18000 Peas 5675 ↑ 125 5567 ↑ 17 186 Rye 3507 Rye grade II 3464 ...