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Purchase prices for grains in Ukraine on November 1, 2024
01.11.2024
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 5000 150 Mustard seeds 25000 Peas 13000 13125 7150 ↑ 1250 Coriander 21500 Corn 9222 ↓ 3 8308 8650...
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Rainfall in Argentina and Brazil improves outlook for soybean and corn crops
01.11.2024
Increased rainfall in South America is boosting soybean and corn planting and improving crop conditions, adding pressure to quotes. Next week, rains will pass in the winter wheat growing regions of the USA, which will improve the condition of the crops. At the same time, the drought in Ukraine and the south-west of the Russian Federation is reducing forecasts of the future harvest. In central Brazil, the rainy season is underway, and the rains are helping to accelerate planting and...
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In November, Ukrzaliznytsia will reduce rates for the use of rolling stock, but grain trucks will become more expensive
01.11.2024
In November, the fee rates for the use of most types of rolling stock of Ukrzaliznytsia on the 1520 mm track will decrease, but the cost of grain trucks will increase, - reports with reference to sources in the company. Yes, compared to October, the usage fee rate (excluding VAT) will decrease: semi-wagons - by 150 UAH to 1300 UAH/day, round-rollers - from UAH 200 to UAH 600/day, cement trucks - by UAH 150 to UAH 1,350/day, mineral carriers - from UAH 200 to UAH...
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Indonesia is expanding oil palm plantations to meet demand for biofuels
01.11.2024
Indonesia's Ministry of Agriculture announces plans to increase the area of oil palm cultivation to increase the production of palm oil, which will be used to produce biofuel for B50. Expanding the area is a faster solution than replanting, which can take up to three years. Palm oil consumption in the country has increased since the introduction of the B35 biodiesel mandate. By January 2025, the country's authorities plan to increase the share of biodiesel in...
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Purchase prices for grains in Ukraine on October 31, 2024
31.10.2024
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 5000 150 Mustard seeds 25000 Peas 13000 13125 5900 Coriander 21500 Corn 9225 8308 ↓ 13 8650 7765 ...
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February rapeseed futures on the Paris exchange rose to a 3-year high
31.10.2024
Despite the drop in oil and soybean prices by 5-8% for the month, quotes for rapeseed continue to rise on forecasts of a reduced harvest and curbing sales by farmers in the EU. Yesterday at Paris MATIF, February rapeseed futures rose 1.1% to the highest level since November 2022 at €520.75/t or $565/t (+1.5% for the week, +8.5% for the month ) due to uncertainty with canola supplies in the second half of the season due to a reduced crop in Australia, curbed sales by EU farmers...
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Export demand for corn in Ukraine remains high, although world prices are under pressure from offers of cheap American corn
31.10.2024
Prices for corn in Ukraine slightly increased against the backdrop of reduced supply, but further growth will be limited by low corn quotes in the US. In Ukraine, export demand prices for corn in the Black Sea ports this week increased by 50-100 hryvnias/t to 9200-9350 hryvnias/t or $195-198/t against the background of the devaluation of the hryvnia and the increase in feed wheat prices to 9600-9700 hryvnias/ton In October, Ukraine significantly increased the export of...
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Palm oil continues to rise in price, which supports soybean and sunflower oil prices
31.10.2024
Despite a sharp decline in oil prices, palm oil continues to rise on forecasts of production cuts in Malaysia and Indonesia. December palm oil futures on Bursa Malaysia rose 7.6% last week and fell 1.6% on Monday (against a 6% drop in oil prices), but in the following two sessions rose again by 3.7% to a 3-year high of RM4,695/t or $1,073/t (+8.9% in two weeks). Prices support expectations of a recovery in demand from China following the government's announced...