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Speculative growth in wheat prices continues for three weeks in a row
07.05.2024
Speculative growth of wheat prices continues on world exchanges, as traders consider the weather not favorable for crops, although weather conditions are quite good in most exporting countries, and only in some areas there is a deficit of precipitation, which is compensated by low temperatures. Better-than-last-year planting rates and rainfall forecasts should reduce the impact of speculative factors, but this is likely to be done by USDA experts, who will release their 2024/25...
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Purchase prices for grains in Ukraine on May 6, 2024
06.05.2024
The weighted average purchase price of grains and oilseeds in Ukraine on CPT terminals, EXW elevators, CPT processors, FCA, CPT dollar, FOB, DAF, CIF Purchase prices in Ukraine CPT terminal, UAH EXW elevators, UAH CPT processor, UAH FCA, UAH CPT terminal, $ FOB, $ DAF, $ CIF, $ Wheat mill offals 3200 Peas 13000 ↑ 1000 12500 ↑ 400 Rye grade IV 4400 Sugar beet pulp gran 155 Green peas 11900 ...
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The high rate of sowing of spring crops in Ukraine will allow to increase the sown area
06.05.2024
According to the Ministry of Agriculture, 3.4073 million hectares of land were planted with grain and leguminous crops on the territory controlled by Ukraine, in particular: barley - 775.7 thousand ha (712.2 thousand ha last year), wheat - 240.7 (236) thousand hectares, peas - 161.1 (128.6) thousand hectares, oats - 159.9 (132.2) thousand hectares, millet - 16.7 (8.4) thousand hectares, buckwheat - 5 (3.05) thousand hectares, corn - 1.9607 (1.059) million...
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World food prices have been rising for two months in a row
06.05.2024
The UN FAO food price index in April increased by 0.3% or 0.3 p to 119.1p compared to March, which is 7.4% or 9.6p lower than in April 2023, the FAO press service reports. After a 7-month decline, the growth of the price index resumed in March and continued in April. The increase in prices for meat and, to a lesser extent, oil was partially offset by a decrease in prices for sugar and dairy products. The average grain price index in April decreased compared to March by...
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Purchase prices for grains in Ukraine on May 3, 2024
03.05.2024
The weighted average purchase price of grains and oilseeds in Ukraine on CPT terminals, EXW elevators, CPT processors, FCA, CPT dollar, FOB, DAF, CIF Purchase prices in Ukraine CPT terminal, UAH EXW elevators, UAH CPT processor, UAH FCA, UAH CPT terminal, $ FOB, $ DAF, $ CIF, $ Wheat mill offals 3200 Peas 12000 12100 Rye grade IV 4400 Sugar beet pulp gran 155 Green peas 11833 ...
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Falling oil and soybean oil prices have not yet affected palm and sunflower oil quotes
03.05.2024
This week's 5.4% drop in crude oil prices and 5.3% drop in Chicago soybean oil prices have so far not affected palm and sunflower oil prices, which are supported by a pick-up in physical demand. June Brent oil futures on London's ICE Futures exchange fell 4.7% to $83.8/barrel for the week, and July soybean oil futures on the Chicago Stock Exchange fell 5.2% to $952/barrel. t. A report from the Malaysian Palm Oil Board was more upbeat than traders had expected,...
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This year, the harvest in the southern regions of Ukraine may begin abnormally early
03.05.2024
This year, harvesting in the southern regions of Ukraine may begin abnormally early - already at the end of May. Yuriy Kormyshkin, the owner of PAEK agricultural holding, told about this on his Facebook page. "In the south of the Mykolaiv region, wheat and barley have already thrown out the ear. This means that under favorable weather conditions, the harvest can begin already at the beginning of June, if there is at least one rain for 20-30 mm of precipitation. If there are no...
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Favorable weather conditions prevail in the main grain exporting countries
03.05.2024
Next week, additional precipitation is expected in the USA, Canada, and Europe, and in Ukraine and the Russian Federation, the weather will be favorable for sowing spring crops, but in Brazil, the drought will continue to intensify. In the Midwest and the Plains of the United States, heavy rains will pass in the next 7-10 days, which, against the background of low temperatures, will promote the development of spring crops, although they will delay sowing...