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: in 2014/15 MY domestic consumption of grains to fall - APK-Inform
Syngenta is the exclusive sponsor of the conference "Fat-and-Oil Industry – 2014”
In 2015 Ukraine to lose 50-60 mln USD due to the ban on imports of plant growing products to Russia – I.Shvaika
As of October 23, Ukraine harvested over 52.7 mln tonnes of grains - Ministry of Agrarian Policy
Market of high-oleic sunflower seed in Russia and Ukraine – new study of APK-Inform
Ukraine: Ministry of Agrarian Policy forecasts overachievement of the plan for winter wheat planting