Basis for Ukrainian maize is at the historically high level – expert
During two recent months the price of Ukrainian maize reached the record high level compared with the nearest futures for the US grain, declared Boris Prikhodko, Managing partner of the project Trade Advisor, on February 19.
According to him, the increasing number of maize offers on the world market may cause weakening of the basis and its fall by 10-15 USD/t, i.e. "if the Chicago Mercantile Exchange continues making price adjustments, and the May futures reach 460 cents per bushel, it is not the fact that the price for Ukrainian maize will move with the same intensity, as the prices on CBOT”.
You should be authorized to post comment
Ukraine increased the exports of malting barley
Ukraine: Chernomorsk port to construct a grain terminal – Ministry of Infrastructure
Ukraine: in 2016, capital investments in the agriculture to increase – expert
Ukraine: in January-October, Nika-Tera transshipped over 1.6 mln tonnes of grains
December 7, 17:10
European market is one of the top-priority ones for Ukrainian products – V.Lapa
December 7, 11:30
Ukraine: agro-industrial complex provided more than half of the growth of capital investments in the economy – expert
December 7, 10:30