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ASAP Agri experts, despite the long drought, raised the forecast of soybean production in Ukraine in 2024 to a record 5.7 million tons, so its export will also reach a record level. The correction of the forecast is due to the increase in the area of sowing to the historically maximum 2.63 million hectares, as reported by the State Statistics Service of Ukraine. At the same time, the MSG of the USA estimates the area under soybeans at 2.9 million hectares.   The main issue at the...

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 3600 Mustard seeds 425 Peas 13300 13200 250 270 Rye grade III 5850 Rye grade IV 5700 ...

Global soybean, canola and canola prices continue to fall under pressure from a complex soybean balance sheet and anticipation of increased new crop supplies from the Southern Hemisphere, while large unsold stocks remain in South America.   On Friday, November soybean futures in Chicago fell another 1.2% to the lowest level since autumn 2020 at $351.6/t (-9.5% for the month).   Dry and warm weather has settled in across the Canadian Prairies following recent rains, which...

During the week, wheat futures on world exchanges fell by 1.3-4.5%, despite forecasts of a decrease in the wheat harvest in the Russian Federation and the EU (especially in France).   The SovEkon agency reduced the wheat harvest forecast in the Russian Federation by 1.8 to 82.9 million tons (92.8 million tons last year and 86.7 million tons on average over 5 years) due to a decrease in yield and sowing area. Rosstat estimates the area under wheat at 28.5 million hectares (29.8...

According to the operational data of the Ministry of Agriculture, as of August 15, 28.459 million tons of grain and leguminous crops were threshed in Ukraine from 6.713 million hectares or 61% of the area with an average yield of 4.24 tons/ha.   Currently collected: wheat - 21.68 million tons from 4.85 million hectares (100% of the planned) with a yield of 4.47 tons/ha; barley - 5.48 million tons from 1.4 million hectares (100%) with a yield of 3.92 tons/ha; peas - 458.5...

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 3600 Mustard seeds 485 Peas 13300 13200 250 270 Rye grade III 5850 Rye grade IV 5700 ...

Traders' attention is now focused on the weather in the EU, Ukraine and the Russian Federation, where unfavorable weather for the development of late crops (soybeans, sunflowers, corn and sugar beets) remains, supporting prices on European exchanges. At the same time, the "ideal" weather conditions in the USA increase the pressure on quotations on the American stock exchanges.   The U.S. Midwest and Great Plains saw showers and thunderstorms this week that improved crop...

In the August report, experts of the International Grain Council (IGC) reduced the forecast of world grain production in 2024/25 MR by 6 million tons to 2.315 billion tons (primarily due to the reduction of the harvest in the EU) compared to July estimates, which will exceed by 16 million tons the indicator of 2023/24 MR will become a new record.   The forecast of world grain consumption has been reduced by 3 million tons to 2.321 billion tons, which will exceed the production volume...