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Weather conditions in the main agricultural producing countries contribute to a good harvest
29.03.2024
Traders' attention is focused on the weather in South America, where favorable conditions prevail for obtaining high yields of soybeans and corn. Argentina has resumed harvesting after the rains stopped, while Brazil continues to be rain-deficient According to the grain exchange BAGE, in Argentina, as of March 27, soybeans were threshed on 4.4% of the area, and corn on 5.7%. Dry weather next week will speed up harvesting. In Brazil, soybeans are harvested on 66% of...
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Purchase prices for grains in Ukraine on March 28, 2024
28.03.2024
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 6465 ↑ 44 5152 4555 145 ↑ 1 134 210...
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Oil prices remain at a high level, despite the increase in stocks in the US and supplies from the Russian Federation
28.03.2024
Global oil prices remain high thanks to speculative demand, the ongoing conflict in Gaza and new Ukrainian drone attacks on Russian refineries. According to the CFTC, traders increased their net long position in Brent oil futures and options to a one-year high, despite an increase in US inventories and supplies from the Russian Federation. Oilseeds and vegetable oils are also supported by higher oil prices, although they remain under pressure from seasonal increases in production and...
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Pea prices in Ukraine rose after India canceled the import duty
28.03.2024
The prices of peas in Ukraine have risen significantly over the last month thanks to India's cancellation of the customs duty on its import, analysts of the PUSK cooperative, established under the All-Ukrainian Agrarian Council, reported. If at the beginning of February, the price of yellow peas was UAH 10,000/t, then as of March 25, they reached UAH 13,500/t. The rise in the dollar had a certain impact on prices, but the decisive factor was the abolition of the duty on the...
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The EU proposes to calculate quotas for the import of agricultural products from Ukraine in accordance with pre-war volumes
28.03.2024
The compromise draft of the trade agreement with Ukraine was approved by the EU on March 27. It takes into account the demands of Poland and France and foresees new quotas for the import of agricultural products, which will be calculated from the volumes of 2021, not 2022-2023, as now. Ukraine's losses due to the reduction of imports may reach 331 million euros. After the full-scale invasion of the Russian Federation into Ukraine, the EU canceled quotas and duties on the supply...
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Purchase prices for grains in Ukraine on March 27, 2024
27.03.2024
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 1475 Peas 12000 10000 Buckwheat 10500 Sugar beet pulp gran 5500 Corn 6108 ↓ 305 5148 4446 144 ↑ 1 134 210...
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Purchase prices for corn in Ukraine are actively growing
27.03.2024
Purchase prices for corn in Black Sea ports increased by $8-10/t during the week to $154-156/t or UAH 6,600-6,650/t against the background of active export demand, the rise in the dollar exchange rate on the interbank exchange and restraint of sales by producers. Domestic farmers are not in a hurry to sell, hoping for a further increase in prices, but global quotations remain at a low level in anticipation of Friday's report on stocks and sowing areas in the United...
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In the current season, Algeria imports a record 8.6 million tons of wheat
27.03.2024
According to USDA's FAS forecast, Algeria will import a record 8.6 million tons of wheat in 2023/24 amid a deficit in domestic production and stable consumer demand. In the 2022/23 FY, wheat imports to Algeria amounted to 8.141 million tons, and in the next season it may decrease to 8 million tons thanks to the increase in domestic wheat production from 2.7 to 3 million tons. In the current season, the Russian Federation entered the list of main suppliers of wheat...