КУРС ЦБ $ USD 92,5919 EUR 100,2704
00:00:00  00.00.0000
Москва 0 , 0м/с
World market of grain crops: trends of the week
The nearest wheat futures last week fell by 8.27 USD to 144,03 USD. The decline in futures has continued on to 12.12.17. Reaching 12 Dec marks in 142,29 USD futures strengthened slightly to 13.12.17 the nearest future was 144,13 USD
Подписаться на новости

Conjuncture of the world market of grain and leguminous crops: the cash and futures markets 04.12.17 for 08.12.17 G.

The nearest wheat futures last week fell by 8.27 USD to 144,03 USD. The decline in futures has continued on to 12.12.17. Reaching 12 Dec marks in 142,29 USD futures strengthened slightly to 13.12.17 the nearest future was 144,13 USD. Export sales of the week amounted to 321,434 kt (while waiting for the market 250-450 thousand tons). The expectation of significant crop this season continues to weigh on the market. Additionally, all week the market is weak from speculative sales and the strengthening of the dollar (which again weakens the competitiveness of U.S. exporters in the global market). Problems with the implementation of wheat grown by U.S. farmers have become almost familiar, but the increase in the predicted values of exports (an Agency ICAR) to 1.3 million t of additional excited traders. The December report brought additional pressure on wheat. The forecast of ending stocks of wheat in the world was once again increased, which can not put pressure on the futures.

In the forecast balance sheet for wheat in December was the increased production of wheat immediately to 3,231 million tonnes 751,975 million tonnes to 755,206 million tons of the biggest adjustment of wheat production affected the countries of the EU (+1.0 million tonnes 151,489 million tonnes to 152,500 MT), Canada (+3.0 million tons to 27.0 million tons to 30.0 million tons). After the publication of the forecast estimates of the wheat crop in the world (+3,231 million tons) increase in exports to 1.6 million tonnes, the market naturally began to decline. Wheat is experiencing considerable pressure from excessive supply and lack of strong demand. Improving forecasts once again demonstrated that the wheat market will have a long time to feel the pressure.

For the U.S. forecast production and consumption of wheat were not so serious. The decline has affected exports (0.5 million tons) from 26.5 million tonnes to 26.0 million tonnes.

The market for wheat. At the end of the week to 08.12.17 the nearest wheat futures declined 2.5 USD to 190,09 USD. European grain still depends on the behavior of the exchange Chicago, but further limited to the intensification of export from Russia.

 

The corn market for the reporting week declined by 1.87 USD to 133,85 USD. Export sales for last week totaled 876,394 thousand tons were within market expectations.



Translated by service "Yandex.Translation"
Источники: Agro2b
Wednesday, 27 March 2024
Tuesday, 26 March 2024
Friday, 22 March 2024
Thursday, 21 March 2024
Wednesday, 20 March 2024
Tuesday, 19 March 2024
Monday, 18 March 2024
Thursday, 14 March 2024
Wednesday, 13 March 2024
Tuesday, 12 March 2024
Monday, 11 March 2024
Thursday, 07 March 2024
Wednesday, 06 March 2024
All news