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Purchase prices for grains in Ukraine on March 20, 2024
20.03.2024
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, $ FOB, $ DAF, $ CIF, $ Wheat mill offals 2150 Peas 11500 11600 10000 Buckwheat 9750 Rye 6000 Sugar beet pulp gran 5500 ...
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Argentina has started harvesting and Brazil has finished planting corn
20.03.2024
According to the Buenos Aires Grain Exchange, as of March 13, 1.99 million tons of corn were threshed in Argentina from 229,000 hectares or 3% of the planned area (2% last week, 7% on average over 5 years) with a yield of 8.71 tons /Ha. During the week, as a result of heavy rains, the number of corn crops in good or excellent condition decreased from 29% to 25%, in satisfactory condition it remained at 58%, and in poor or very poor condition it increased from 13% to...
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The Malaysian Palm Oil Board expects prices to fall in April under pressure from reduced demand
20.03.2024
The Malaysian Palm Oil Board (PMOB) forecasts that crude palm oil (CPO) prices will return to the range of RM3,800-4,000/t in April 2024 (from the current RM4,250/t) under pressure from active soybean oil supplies from South America and gradual seasonal recovery of palm oil production in Malaysia. The premium for palm oil compared to other vegetable oils has outpaced soybean and sunflower oil prices on the European market since February. According to MROS, palm oil currently trades...
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Analysts expect the USDA to raise estimates of US corn acreage
20.03.2024
The market expects USDA experts to revise the U.S. planted acreage forecast, especially in case of warm weather in the coming weeks, Agrisencus reports. According to preliminary forecasts released on February 15, in 2024 in the US, the area under corn will decrease by 3.8% compared to last year to 91 million acres, under wheat - by 5.3% to 47 million acres, while under soybeans will increase by 4.7% to 87.5 million acres. USDA will release updated acreage projections...
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Purchase prices for grains in Ukraine on March 19, 2024
19.03.2024
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, $ FOB, $ DAF, $ CIF, $ Wheat mill offals 2150 Peas 11500 11600 10000 Buckwheat 9750 Rye 6000 Sugar beet pulp gran 5500 ...
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World wheat prices remain under supply pressure, although they continue to rise in Ukraine
19.03.2024
In Ukraine, the purchase prices for food wheat with delivery to the Black Sea ports due to a shortage of offers increased during the week by $5-8/t to $165-170/t or UAH 7,200-7,400/t. Prices for fodder wheat, against the background of a significant supply, remained at the level of $145-148/t, but prices in hryvnia increased by 100-200 UAH/t to 6250-6350 UAH/t thanks to the increase in the dollar exchange rate by 1.5%. Export of wheat from Ukraine for March 1-18 amounted to 1.13...
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The interbank exchange rate of the dollar reached a record 39 UAH/$
19.03.2024
On March 18, the National Bank of Ukraine increased the dollar rate against the hryvnia by 17.46 kopecks to 38.9744 UAH/$, and the euro by 20.18 kopecks to 42.447 UAH/€, which are historical highs. On the interbank exchange, the dollar rose in price yesterday by 19 kopecks to UAH 38.98-39.00/$ (buying/selling), and on the cash market - by 40 kopecks to UAH 39.15/$. At the same time, the NBU considers the currency deficit on the interbank exchange insignificant and continues...
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Poland stated that the information about the "overflow" of ports with Ukrainian grain is false
19.03.2024
The other day, information spread in the public space of Poland that the country's ports are overflowing with Ukrainian grain in transit, as a result of which local farmers cannot sell their products. But the Polish analyst Myroslav Marciniak told why this information is false. According to him, after the active transshipment of grain at the beginning of the season in July-December, Polish ports were already loaded by only 60% in January-February, and 534 and 566 thousand tons...