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Brazil is wrapping up its soybean harvest, putting pressure on quotes
02.04.2024
Rains in major soybean-growing regions are delaying soybean harvests, but are helping the development of second-crop corn crops, putting pressure on quotes. According to AgRural data, soybeans were harvested on 74% of the area in Brazil as of March 28 (76% last year), although the pace of harvesting has recently been ahead of last year. Corn of the first harvest was collected on 43% of the area, and corn of the second harvest was sown on 96.8% of the area. Brazilian...
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Purchase prices for grains in Ukraine on April 1, 2024
01.04.2024
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, $ DAF, $ CIF, $ Wheat mill offals 1642 ↑ 67 Peas 11750 10000 Sugar beet pulp gran 5500 Corn 6555 ↑ 20 5415 4700 ↑ 69 148 133 ↓ 1 202 Flax 17000 ...
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More products were exported through the Ukrainian sea corridor in 7 months than in a year of the "grain initiative"
01.04.2024
In 7 months, 33.8 million tons of goods were exported through the Ukrainian Sea Corridor, which is much more than during the year of the "grain initiative", - said the Minister of Community Development, Territories and Infrastructure of Ukraine O. Kubrakov. The corridor was opened in August 2023, and within the first month, single ships passed through it, mostly those that remained blocked in Ukrainian ports since the beginning of the full-scale invasion of the Russian...
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USDA experts downgraded the corn planting area forecast supported the futures
01.04.2024
In a new quarterly report, USDA experts cut forecasts for U.S. winter wheat and corn planted acreage in 2024 more than analysts expected, leading to a sharp rise in quotes for those crops. At the same time, the forecast of soybean sowing area meets analysts' expectations. If in February the USDA estimated the area of corn sowing in the USA at 91 million acres, then in March - already at 90.036 million acres, while the forecast of analysts is 91.776 million acres. It will be...
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The growth of sunflower prices in Ukraine has stopped
01.04.2024
The purchase prices of sunflower in Ukraine last week stopped growth at the level of UAH 15,500-16,500/t (including VAT) with delivery to the factory against the background of the accumulation of significant stocks of raw materials at processors and a drop in demand prices for sunflower oil by $5/t to 775-785 $/t with delivery to the port due to increased competition with sellers from the Russian Federation, who are ready to significantly lower the price in order to increase sales, as happened...
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Purchase prices for grains in Ukraine on March 29, 2024
29.03.2024
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, $ DAF, $ CIF, $ Wheat mill offals 1575 Peas 12500 10000 Buckwheat 10500 Sugar beet pulp gran 5500 Corn 6535 ↑ 55 5388 ↑ 236 4607 148 ↑ 2...
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Ukraine and Poland were never able to agree on unblocking the borders
29.03.2024
On March 27-28, the government delegations of Ukraine and Poland held negotiations on unblocking the borders for the import and transit of Ukrainian agricultural products, which were attended by the Minister of Agricultural Policy M. Solskyi and his deputy M. Dmytrasevich, the Deputy Minister of Economy T. Kachka from the Ukrainian side and the Minister of Agriculture Czeslaw Sekersky, his deputy Michal Kolodzejczak from the Polish side, as well as representatives of Ukrainian and Polish...
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Egyptian GASC bought sunflower oil at a tender for $10/t more than in February
29.03.2024
Egypt's GASC held an international tender on March 28 for the purchase of vegetable oils with delivery in May and payment 180 or 270 days after the opening of the letter of credit. As in previous auctions, 9 applications for the supply of sunflower oil were submitted to the tender. But if at the tender on February 22 the offer prices were $957-985/t C&F with payment in 180 days and $974-1010/t C&F with payment in 270 days, then yesterday oil was offered at $941-1050/t...