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Harvesting of late crops continues in Ukraine, and as of November 7, 9.68 million tons of sunflower (from 95% of the area), 5.82 million tons of soybeans (from 96% of the area) and 20.24 million tons of corn (from 83% of the area) have been harvested ).   As of November 4, 2024, 4,296 thousand ha (96% of the planned area) were sown with winter wheat, 543.6 thousand ha (85%) with winter barley, 1,073.5 thousand ha (96%) with rapeseed.   On November 1-6, Ukraine exported...

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 16000 Wheat mill offals 5000 150 Mustard seeds 25000 24500 Peas 13000 13125 7150 935 Coriander 21500 ...

In the November WASDE supply and demand report, USDA experts lowered the forecast for world production of oilseed crops in 2024/25 FY immediately by 5.1 million tons to 682.2 million tons (657.85 million tons in 2023/24 FY), in particular soybeans - by 3.52 million tons (due to the reduction of the harvest in the USA), peanuts - by 0.94 million tons, sunflower - by 0.25 million tons, and rapeseed - by 0.2 million tons.   As a result of the decrease in the estimate of the yield of...

According to the UN FAO, world food prices reached a 1.5-year high in October due to a sharp rise in vegetable oil prices.   Thus, the FAO Food Price Index in October grew by 2% compared to September to 127.4 p, which is 5.5% higher than the October 2023 figure, but 20.5% lower than the record level of March 2022.   The vegetable oil price index rose 7.3% to a 2-year high. All major types of oils rose in price on expectations of a reduction in production.   The...

In November's supply and demand report, USDA experts left little to no change in the global wheat balance sheet, as a sharp increase in the crop forecast for Kazakhstan was offset by production cuts elsewhere, so there was no impact on 2024/25 stocks.   During the month, world wheat quotations fell by 4.6-7.7% against the background of harvesting in Australia and Argentina, as well as a decrease in prices in the EU, in particular due to the fall in the exchange rate of the euro...

In November's supply and demand balance sheet, USDA experts unexpectedly raised their forecasts for world corn production and consumption, and lowered their estimate of world stocks in FY 2024/25.   In FY 2024/25, global corn consumption is expected to exceed production by 10 million tons, while in FY 2023/24, production exceeded consumption by 10 million tons.   Analysts had expected lower yield and production estimates for U.S. corn, but the report's data...

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 16000 Wheat mill offals 5000 150 Mustard seeds 25000 24500 Peas 13000 13125 7150 Coriander 21500 ...

Increased demand for vegetable oils and rising oil prices due to political uncertainty led to higher canola and canola quotes.   Despite the victory of Trump in the elections and the increase in oil reserves in the USA, the January Brent oil futures for the week increased by 3.7% to $75.5/barrel.   February rapeseed futures on the Paris MATIF rose 3.2% in two sessions to a 3-year high of €532.75/t or $575/t (+1.9% for the week, +7% for the month) amid limited supply...