In the new season in the grain market there will be risks associated with the collapse of global economies
The new season will be collected 2.23 billion tons of grain
The international Grains Council updated absolute record of production and ending stocks of wheat in the world – the forecast may
In its may report, the international Grains Council (IGC) raised its forecast for global wheat production in the season 2020/21 to record levels. The Agency said Grain Online.
Some of the major players do not sell wheat of the new harvest, expecting the spot will be slightly higher
According to operational data of the agricultural administrative bodies of constituent entities of the Russian Federation, as of 8 April 2020 in the whole country of 18.3 million hectares are fed up 13 million hectares or 71% of the sowing areas of winter crops (in 2019 8.8 million hectares).
Pandemic coronavirus infection can lead to higher prices for some food products, according to a report by the International center for cooperation at new York University (NYU CIC).
As expected, the situation on the international grain markets remain on a balanced and sufficient level, despite concerns about the impact of the pandemic COVID-19.
Export prices for Ukrainian milling wheat on FOB basis from the end of January fell $17 to 202-207 $/ton.
This happens despite the growing competition from France, Romania and Ukraine
Grain exports from Russia in March could increase and will amount to 2.8-2.9 million tons against 2.6 million tonnes in March 2019, experts predict the analytical center of JSC "Rusagrotrans".
However, weather risks persist throughout the entire growing season and harvesting of agricultural products
The winter wheat variety tsefey breeding EkoNiva included in the State register of selection achievements, admitted to use.
The March contracts in Paris and Chicago continues to fall in fear due to the spread of the coronavirus
EU countries since the start of the 2019/20 season on January 19, exported 24,808 million tons of whole grain.
Export quotations have reached the maximum level of the season-2019/20
At the last tender on 8 January by the Egyptian state Agency GASC bought 300 TMT of wheat for Jan shipment 18-29. Including were procured for 120 thousand tons of Romanian, Russian wheat and 60 TMT of Ukrainian.
According to the Federal center for grain quality, the grain in the current season (July 1 to December 10, 2019) Russia exported 506 thousand tons of soybeans, which is 61% higher than the same period of the 2018/19 season.
Russia: sales of wheat by farmers has fallen, stocks have become relatively larger. Data as of 01 Dec
In November 2019. agricultural organizations of the Russian Federation, according to Rosstat, implemented 3,775 million tons of wheat. This is 34.5% less than in October and 9.7% less than in November 2018. The Agency said Grain Online.
The demand for Russian wheat on foreign markets persists, so don't worry about the price drop
Stocks of grains in agricultural organizations increased, while processors became less