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The representative of the USDA in Canada predicts an increase in grain production in 2024/25 MY
26.04.2024
According to estimates of the foreign agricultural department of the USDA, in 2024/25, Canada will increase the production of grain (wheat, durum, barley, corn and oats) by 4.9% to 61.4 million tons, in particular, wheat - by 1.7 million tons. t to 33.67 million tons, while Canada's MSG estimates the future wheat harvest at 34.59 million tons. "Dry weather may force farmers to increase the area under wheat because it is more drought-resistant. At the same time, in most...
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Purchase prices for grains in Ukraine on April 26, 2024
26.04.2024
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, $ FOB, $ DAF, $ CIF, $ Wheat mill offals 3000 Peas 12000 12100 Rye grade II 4400 Sugar beet pulp gran 155 Green peas 13250 ...
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Export prices for corn in Ukraine are increasing against the background of a decrease in the cost of freight
26.04.2024
Corn export prices in Ukraine continue to rise amid lower sea freight costs, forcing processors to raise purchase prices to build up raw material stocks. Last week, freight rates for the transportation of grain from the ports of Odessa and the Danube decreased by $3-5/t, the most - in the direction of China and Spain. Rates for panamax transportation from Odesa ports to China fell by $4/t to $54-56/t, and for fodder wheat transportation to Vietnam - by $4/t to $52-54/t, while a...
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Heavy rains in the US, Europe, Ukraine and Argentina, as well as a drought in Brazil will affect markets throughout the week
26.04.2024
Traders' attention is currently focused on Argentina, where harvest delays caused by heavy rains could lead to crop losses, as well as weather in Brazil, which has been hit by a heat wave. More than 200 mm of rain fell in Argentina in April, which improved the condition of late soybean and corn crops and replenished moisture reserves ahead of winter wheat planting. However, rains delay harvesting and lead to the development of diseases, which can reduce the final...
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Purchase prices for grains in Ukraine on April 25, 2024
25.04.2024
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, $ FOB, $ DAF, $ CIF, $ Wheat mill offals 3000 Peas 12000 12100 Rye grade II 4400 Sugar beet pulp gran 155 Green peas 15000 ...
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Stable oil prices support quotations for vegetable oils
25.04.2024
Oil prices fell last week on easing tensions in the Middle East, but rose this week amid data on the U.S. economy, declining U.S. crude inventories and stronger demand for vegetable oils used in biodiesel production. According to S&P Global, business activity in the US fell to a 4-month low in April, which led to a decline in the dollar. Usually, in such periods, investors look for alternative assets, so the demand for oil increases. June Brent oil futures on the...
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Rape prices in Ukraine fall as stocks run out and traders switch to the new crop
25.04.2024
Purchase prices for rapeseed in Ukraine at the end of FY 2023/24 have started to fall against the background of low demand, as only a few traders are buying up the trial lots due to be shipped in April-May. At the same time, traders are actively contracting rapeseed of the new crop with delivery to Black Sea ports. Currently, Black Sea ports are offering $380/t or UAH 17,000/t for rapeseed, and despite the rapid appreciation of the dollar, traders refuse to raise...
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Ukraine compensates farmers for 25% of the cost of agricultural machinery of certain domestic manufacturers
25.04.2024
First Deputy Prime Minister of Ukraine - Minister of Economy Yuliya Svyridenko by her order approved the updated List of domestic machinery and equipment for the agro-industrial complex, upon purchase of which from 44 specified domestic producers, farmers will receive 25% compensation of the cost of purchased machinery, - reports the press service of the Ministry of Economy . Currently, the List includes 2,289 nomenclature items, including tractors for agriculture and forestry,...