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
Ukrainian corn market started 2017/18 MY with the minimum export rates for seven recent seasons – APK-Inform
In September-October of 2017/18 MY, Ukraine processed and exported record soybean volumes – APK-Inform
Middle East increased imports of Ukrainian wheat by 46% in the season-2017/18 – APK-Inform
December 13, 16:10
Ukraine: cancellation of the VAT refund in the oilseed exports to cause some reduction of the planted areas – expert
December 13, 15:40
Ambar Trading Gmbh – a sponsor of Middle East Grain Congress
December 13, 11:00
Ukraine exported over 18 mln tonnes of grains – State Fiscal Service
December 13, 10:00
International demand for Ukrainian organic products showed an upward trend – UAC
December 12, 15:20