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The agency Strategie Grains lowered its forecast for the EU rape harvest in 2024 for the third time in a row, now from 17.8 to 17.27 million tons, which would be 14% less than the production in 2023. However, this had almost no effect on rapeseed quotes, which continued to fall under the pressure of falling oil and soybean prices.   The sunflower production forecast was also lowered from 10.49 to 9.65 million tons (9.8 million tons in 2023), while the estimate of the soybean harvest...

In 2024, the land market in Ukraine was actively developing, and in the first half of the year the average price for land plots increased by 19% from 37.1 to 44 thousand UAH/ha. The land in Poltava region and Ivano-Frankivsk region was in the greatest demand, where the average price per hectare reached UAH 52.59 thousand and UAH 101 thousand, respectively. It should be taken into account that the prices indicated in the purchase and sale agreements are lower than the market value, but 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, $ Vetch 30000 Wheat mill offals 3250 165 Mustard seeds 503 Peas 13600 12350 250 263 Buckwheat 8500 Rye ...

High harvesting rates and good wheat yields in the US increase the pressure on stock quotes, especially against the background of higher wheat harvest forecasts for Canada and the Russian Federation.   According to the Wheat Quality Council's crop tour, which ended on July 25, in North Dakota, the average yield of all wheat varieties will reach 3.62 t/ha (3.17 t/ha in 2023), and the average yield of hard red HRS wheat will make a record 3.66 t/ha (3.19 t/ha last...

After a 3,500-kilometer tour of the Canadian prairies, MarketsFarm analysts rated the outlook for the grain harvest as stunning.   "If the harvest is successful, then the country can get a record harvest, because now the condition of spring and, especially, durum wheat crops is much better than last year," experts believe.   According to their estimates, the yield of durum wheat will exceed last year by 18 bushels/acre or 1.2 t/ha and reach 44 bushels/acre or...

Rape futures in Paris continued to fall on Friday under pressure from increased new crop supplies and lower canola prices, not reacting to lower crop forecasts and increased EU imports.   The European Commission reduced the forecast of rapeseed production in the EU in 2024/25 by 0.5 to 18.3 million tons (which will be 6% less than in 2023), and rapeseed processing - by 0.18 to 23.2 million tons , but increased the forecast of rapeseed imports by 0.27 to 5.9 million...

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, $ Vetch 30000 Wheat mill offals 3250 ↑ 250 165 Mustard seeds 503 Peas 13580 ↓ 20 12350 ↑ 1121 250 263 Buckwheat 8500 ...

A sharp fall in August canola futures on the Paris Stock Exchange surprised traders as the canola harvest is not yet complete and rains in France and Germany are delaying the harvest and causing losses and reduced crop quality.   Over the last three sessions, August rapeseed futures in Paris fell by 4.5% to €472.5/t or $513/t (+2.1% for the month), and November - by only 1.6% to €493.5/t or $536/t (+5.3% for the month). This indicates a high level of demand, and the fall in...