FEED GRAINS
CASH MARKET
|
Trade date Friday, September 19, 2014, compared with Friday, September 12, 2014 |
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|
FEED GRAINS - CASH MARKET (FOB prices excluding VAT) |
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|
Commodity |
Terms of delivery |
Country |
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|
Russia (Southern region), RUR/MT |
Ukraine, UAH/MT |
Kazakhstan, KZT/MT |
Bulgaria, $/MT |
Argentina, $/MT |
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|
average |
weekly change |
average |
previous week |
weekly change |
average |
weekly change |
average |
weekly change |
average |
weekly change |
||
|
Maize, offers |
EXW |
5 600 |
-200 |
1 800 |
1 800 |
0 |
no |
no |
165 |
-10 |
no |
no |
|
Maize, bids |
EXW |
no |
no |
1 700 |
1 700 |
0 |
no |
no |
no |
no |
no |
no |
|
Maize, bids |
CPT |
5 400 |
-100 |
1790-1900 |
1780-1830 |
+10/70 |
no |
no |
no |
no |
no |
no |
|
Maize, offers |
FOB |
$170-173*; $153-156** |
-$10*;-$2/1** |
$168-170 |
$170-175 |
-$2/5 |
no |
no |
185 |
-10 |
164 |
-2 |
|
Maize, bids |
FOB |
no |
no |
$165-168 |
$168-172 |
-$3/4 |
no |
no |
no |
no |
no |
no |
|
Barley, offers |
EXW |
6 100 |
+100 |
2 070 |
2 070 |
0 |
no |
no |
185 |
+5 |
no |
no |
|
Barley, bids |
EXW |
no |
no |
2 060 |
2 060 |
0 |
no |
no |
no |
no |
no |
no |
|
Barley, bids |
CPT |
6 000 |
+200 |
2330-2480 |
2300-2470 |
+30/10 |
no |
no |
no |
no |
no |
no |
|
Feed barley, offers |
FOB |
$208-213*; $170-175** |
0 |
$213-216 |
$213-216 |
0 |
$217 |
0 |
205 |
+10 |
no |
no |
|
Feed barley, bids |
FOB |
no |
no |
$209-214 |
$209-214 |
0 |
no |
no |
no |
no |
no |
no |
|
* Russian deep-sea ports** Russian Azov Sea ports |
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EXCHANGE MARKET
|
Trade date Friday, September 19, 2014, compared with Friday, September 12, 2014. |
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|
FEED GRAINS - EXCHANGE MARKET |
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|
Commodity |
Exchange/month |
Country |
Terms of delivery |
Settle, USD/MT |
Change, % |
|
Maize, yellow |
CBOT, Dec |
USA |
EXW |
130,5 |
-2,1% |
|
Maize |
MATIF, Nov |
France |
FOB |
176,5 |
-2,6% |
|
Maize, hard |
BCA, Sep |
Argentina |
EXW |
110,0 |
-3,5% |
|
Maize |
BCE, Nov |
Hungary |
EXW, Budapest |
150,6 |
0,9% |
TRADE DEALS ON THE FEED GRAINS MARKET
|
Date |
Buyer |
Status* |
Commodity |
Volume, MT |
Delivery time |
Supplier |
Cost, USD/MT, delivery terms |
|
|
16.09.2014 |
Israel |
AT |
maize |
70000 |
|
|
|
|
|
18.09.2014 |
South Korea (Nofi) |
B |
maize |
132000 |
January-February |
|
|
|
|
19.09.2014 |
Tunisia |
B |
barley |
100000 |
November-December |
|
|
|
|
19.09.2014 |
South Korea (KOCOPIA) |
B |
maize |
55000 |
February |
Bunge |
210,42 C&F |
|
|
19.09.2014 |
South Korea (KFA) |
AT |
maize |
120000 |
February |
|
|
|
|
Status*: |
B - bought; S - sold (export tender); TP — tender postponed, AT — announced tender; CТ — cancelled tender. |
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Feed barley
Russia
In the reporting week there were observed stable prices on the feed barley market. At the same time, the price range for the grain in the Black Sea ports still totaled 208-213 USD/t, and in the Azov Sea ports –170-175 USD/t FOB. The market showed some deficit of trading activities, and decline of demand from importers. The CPT prices in the sector of feed barley varied within 6700-6900 RUR/t and 5700-6500 RUR/t in the deep-sea and Azov Sea ports, respectively.
Forecast for the next week: there is expected a low-scale bearish trend for the grain.
Ukraine
Last week the feed barley export market faced the stable price situation. Thus, the offer prices for the grain were declared at the level of 213-216 USD/t FOB. According to traders, importers expected for more profitable prices. Trading activity on the market was quite low. During the week traders reported on conclusion of singular transactions on low-scale grain batches at 200 USD/t FOB.
Forecast for the next week: traders expect for stable price development in the sector of feed barley.
Kazakhstan
Last week there was observed the stable price situation on the Kazakh market of feed barley. The offer prices for the grain varied within the range of 205-223 USD/t FOB-Aktau and 180-190 USD/t DAP-Saryagash. But the prices were estimated as declarative only, due to coming of new crop grains on the market at new prices, and the deficit of active trading processes in the market sector. The offer prices for feed barley on the domestic market formed the level of 22-25`000 KZT/t EXW-elevator.
Forecast for the next week: market operators declared the current situation will continue.
Bulgaria
The prices for Bulgarian new crop feed barley reached 180-185 USD/t EXW. CPT price reached 195-198 USD/t. Meanwhile, the FOB-Black Sea prices totaled 205 USD/t. There was observed the bullish trend.
Maize
Russia
In the reporting week there was observed the bearish trend on the maize export market. Thus, the offer prices for new crop maize in the deep-sea ports reached the level of 170-173 USD/t FOB (down 10 USD/t). In the Azov Sea ports the market operators announced offer prices for new crop feed maize within 153-156 USD/t FOB (down 1-2 USD/t). The prices decreased, due to beginning of the mass harvesting campaign of the grain. In the Azov Sea ports singular export contracts for feed maize were concluded at the prices within 155-156 USD/t FOB.
Forecast for the next week: traders expect for continuation of the bearish trend in the sector of maize.
Ukraine
Last week the prices on the maize export market faced some bearish trend. Thus, the offer prices for new crop maize reached 168-173 USD/t FOB, down 2-4 USD/t compared with the previous week. The bid prices were declared at the level of 165-170 USD/t FOB (down 3 USD/t). During the reporting week importers showed decreasing of its bid prices for Ukrainian feed maize, and the price quotations for main grains on the world market dropped too, due to the forecasts of high production volumes of the grain. In the reporting period the trading activity remained rather low-scale. Representatives of some export-oriented companies reported on interest in the grain from Spain at the price of 177-180 USD/t FOB.
Forecast for the next week: market operators expect that the bearish trend will continue.
Bulgaria
The prices for Bulgarian new crop maize reached 160-165 USD/t EXW. CPT price reached 180 USD/t. Meanwhile, the FOB-Black Sea prices totaled 185 USD/t. There was observed the bearish trend.
