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Purchase prices for grains in Ukraine on May 8, 2024
08.05.2024
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 12500 Rye grade IV 4400 Sugar beet pulp gran 155 Green peas 11900 ...
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Ukrainian processors raise the purchase prices for sunflower
08.05.2024
After the increase in export prices for sunflower oil and meal, domestic processors stepped up purchases of sunflower, which led to an increase in purchase prices, especially given the restraint of sales by producers. During the week, sunflower purchase prices increased by UAH 300-500/t to UAH 16,700-17,000/t (including VAT) with delivery to the plant, which is the highest level since March 2023. Processors pay a premium for large batches in order to accumulate volumes of raw...
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Vegetable oil prices remain under pressure from increased supply of soybean oil
08.05.2024
Vegetable oil prices have rebounded after falling last week, although they remain under pressure from a seasonal build-up in soybean and palm oil supplies, as well as a drop in oil prices. Despite oil prices falling 3.2% for the week, soybean oil in Chicago and palm oil in Malaysia rose between 2.2% and 3.2%, recovering from losses at the end of last week. July soybean oil futures in Chicago rose 3.2% this week to $980/t (-9% for the month) on news of a loss of 1-2...
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Rape and canola prices rose by 4-8% for the week amid a possible reduction in the harvest in the EU
08.05.2024
Despite large inventories, a 3.2% drop in oil prices and a slowdown in global exports, rapeseed and canola prices rose 4-8% during the week amid frost in northern Poland and Germany that could damage crops. Oil prices continued to fall after a speculative rally triggered by the escalation of the conflict between Israel and Iran, with July Brent crude futures for the week down 3.2% to $83.2/barrel. August rapeseed futures on the Paris MATIF exchange rose by 4% to...
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Purchase prices for grains in Ukraine on May 7, 2024
07.05.2024
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 12500 Rye grade IV 4400 Sugar beet pulp gran 155 Green peas 11900 ...
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India increased palm oil imports to a 3-month high in April
07.05.2024
In April, compared to March, India increased palm oil imports by 41% to a 3-month high of 682,000 tons, Reuters reports. The reason for this was the decrease in palm oil prices, which increased its competitiveness among other oils. Thus, crude palm oil (CPO) for delivery in June is offered at a price of $920/t CIF, soybean oil at a price of $920/t and sunflower oil at $945/t, although a month ago the price of CPO was $50/t higher At the same time, the import of...
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Soybean prices have risen sharply as a result of flooding in southern Brazil
07.05.2024
Floods in southern Brazil have led to a significant speculative increase in soybean prices, although even in the case of a loss of 1-2 million tons of soybeans, the total harvest in the country will decrease by a maximum of 1%. Long rains in the state of Rio Grande do Sul delay harvesting and lead to floods, as a result of which the soybean harvest may decrease by 1-2 million tons to 19-20 million tons. - May 2 - by 10%), while in general, 95% of soybean crops were threshed in the...
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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...