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According to international agencies, in 2024/25, sunflower production in the Balkans and the Black Sea region will decrease compared to the previous season by 5.86 million tons, from 38.86 to 33 million tons, which does not meet even pessimistic expectations.   It is expected that the countries of the region will harvest the following amount of sunflower: Turkey - 1.3 million tons, Bulgaria - 1.45 million tons, Romania – 1.8 million tons, Ukraine - 12.5 million...

According to the resolution of the Government of Ukraine No. 1261 dated 29.10.2024, from December 1, minimum export prices for certain types of agricultural products will be introduced in Ukraine and the export support regime will begin to operate, therefore the need for verification of exporters of agricultural products from Ukraine and the need to obtain export licenses for enterprises will be abolished. that did not pass such verification. This was reported by the press service of the...

For the fourth month in a row, OPEC has lowered its forecasts for the growth of oil demand for 2024, which indicates a slowdown in the development of major consumer economies, in particular China, India and some African countries, Bloomberg reports.   According to OPEC's new forecast, in 2024 world oil demand will grow by 2% or by 1.8 million barrels/day, which is 107,000 barrels/day less than previously forecast.   Since July, OPEC has lowered forecasts for the growth...

Increased rainfall and improved soybean planting conditions in Brazil are expected to add pressure on global quotes, which were unable to support even a sharp decline in the U.S. soybean crop forecast. The increase in soybean supplies from South America to the EU and Pakistan's permission to import soybeans with GMOs collapsed the demand for soybeans in Ukraine.   According to Conab data, in Brazil on November 10, 66% of the planned area was sown with soybeans (57.3% last year),...

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 13000 ↓ 3000 Wheat mill offals 5000 160 Mustard seeds 25000 25000 Peas 13000 13125 7150 935 Coriander 21500 ...

Rising prices for palm oil support quotes for soybean and sunflower oil, which leads to higher purchase prices for sunflower in Ukraine.   In two weeks of speculative growth, Malaysian palm oil futures rose 15% to $1,179/t and Chicago soybean oil rose 14.3% to $1,060/t, while the average sunflower price, according to Trading Economics oil with delivery to customers increased by 5.5% to $1,350/t (+12% for the month).   In Ukraine, the prices of sunflower oil in the Black...

Unfavorable weather conditions in the EU during the growing season led to the fact that the yield of sunflowers became the lowest in the last 12 years.   According to the forecast of the European Commission, despite an increase in the area of sunflower sowing in the EU by 4% compared to 2023 to 4.9 million hectares, a decrease in yield by 20% to 1.67 t/ha will lead to a reduction in production by 17% to 8.1 million tons , which will be the smallest harvest since...

Palm oil stocks in Malaysia fell by 6.32% in October from 2.01 to 1.885 million tonnes amid a 1.3% decline in production to 1.79 million tonnes, according to the Malaysian Palm Oil Board (PMOB) report released yesterday. and increasing exports by 10.9% from 1.56 to 1.73 million tons.   The market did not expect such a reduction in stocks, so palm oil quotes rose despite the fall in the prices of oil and related vegetable oils.   December palm oil futures on Bursa Malaysia...