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Oilseed Weekly Market Review July 6th

Published Jul 9, 2020

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Agroanalytic Center published a weekly oilseed market review dated July 6, 2020. Excerpts from the review: PRICE MONITORING. From June 25 to July 2, 2020, the ruble / dollar exchange rate fell by 2.3%. According to departmental monitoring of the Ministry of Agriculture of Russia, average prices for sunflower and sunflower meal decreased by 1.4 and 1.6%, respectively. Prices for rapeseed remained unchanged. Sunflower oil and soybeans rose in price by 0.1 and 0.2%.

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Agroanalytic Center Center published a weekly review of the oilseed market on July 6, 2020. Excerpts from the review: PRICE MONITORING. From June 25 to July 2, 2020, the ruble / dollar exchange rate fell by 2.3%. According to departmental monitoring of the Ministry of Agriculture of Russia, average prices for sunflower and sunflower meal decreased by 1.4 and 1.6%, respectively. Prices for rapeseed remained unchanged. Sunflower oil and soybeans rose in price by 0.1 and 0.2%. At the same time, compared with the figures for the corresponding date last year, the average price of rapeseed increased by 4.7%, soybeans - by 10.9%. The cost of sunflower seeds, sunflower oil and sunflower meal increased by 17.7 respectively; 10.7 and 14.3%. During the week, sunflower fell in price in the Central Federal District (by 0.3%, up to 24,000 rubles / t). At the same time, the Center recorded the most significant increase in the cost of sunflower compared to last year (+ 32.4%) and the level of the ...
Source: Kvedomosti
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