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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...

According to dealers' preliminary estimates, after a 30% drop in September, imports of vegetable oils to India rose sharply in October amid heightened holiday demand and the need to replenish stocks.   Thus, import of palm oil increased by 59% to 840,000 tons, and sunflower oil - by 57%, while soybean oil supplies decreased by 10%.   Experts of the SEA Association believe that in FY 2024/25, India will reduce its import of vegetable oils to 15 million tons, as...

On Thursday, November 7, the Land Bank held 9 auctions for the lease of state lands with a total area of 1.1 thousand hectares for the amount of UAH 32.5 million. (+ UAH 5 million VAT). This was reported by the Minister of Agricultural Policy of Ukraine V. Blacksmith.   The price of sublease of land increased by 8.3 times. The top offer was a plot of land in Kirovohrad region with an area of 514.8 hectares, for which 10 participants competed, and the final bid reached UAH 13.2...

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 Peas 13000 13125 7150 Coriander 21500 Corn...

According to the analytical agency Oleoscope, in 2023/24 MY the global production of rapeseed oil grew by 4.4% to 34 million tons, and in 2024/25 MY it may increase by 0.5%. World oil exports increased by 13% to 7.4 million tons in FY 2023/24, and will increase by 6% to 7.8 million tons in FY 2024/25.   In 2023/24 MR, the main producers of rapeseed oil were: EU - more than 10 million tons (production will decrease by 2.3% in the current season) China - 7.7 million tons (in...