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Favorable weather and completion of corn planting in South America accelerates export sales and increases pressure on world prices
26.12.2024
The abundant rainfall of the rainy season in Brazil is favoring the sowing and development of soybean and corn crops. According to the Conab agency, despite the delay in sowing in September due to the lack of rainfall, the condition of the crops is better than in previous seasons. In the main agricultural states of Mato Grosso, Mato Grosso do Sul, Paraná and Goiás, the vegetation index exceeded the maximum indicators of previous years. Corn is developing in favorable conditions...
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Palm oil prices rise amid dwindling inventories
25.12.2024
Palm oil futures on the Malaysian exchange rose on data showing declining inventories in Indonesia and India and on speculative buying by traders after a sharp drop in prices over the previous two weeks. According to analysts, crude palm oil quotes have crossed the lower support line in the uptrend and the base line of the double top price pattern, signaling a transition to bearish momentum. March palm oil futures on the Bursa exchange in Malaysia rose by 13 ringgit/t...
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Purchase prices for grains in Ukraine on December 25, 2024
25.12.2024
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, $ DAF, $ CIF, $ Wheat mill offals 5750 Mustard seeds 25000 25000 Peas 13500 11325 Rye 9000 Rye grade II 9000 Coriander 21500 ...
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European biofuel market will be driven by volatility in vegetable oil markets
25.12.2024
The European biodiesel market is expected to grow in 2025, driven by demand-stimulating mandates, but faces challenges with feedstock availability and high biofuel prices. Read more in the S&P Global Platts report. Change in UCO trade flows Trump's imposition of tariffs on imports of goods from China (in particular, vegetable oils) could shift trade flows towards the EU. According to S&P Global Commodity Insights, in the first 10 months of 2024, UCO imports from...
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Five charts that define agricultural markets in 2024
25.12.2024
Here is an analysis of the situation in global agricultural markets in 2025 from Reuters analyst Karen Brown. Funds In 2024, the US corn yield exceeded last year's record by 3%, but by August 2025, domestic supplies will decrease compared to last year, although according to previous forecasts they were supposed to grow by 17%. Low prices throughout the year have supported corn demand, forcing SWOT speculators to move from record bearish bets in July to bullish...
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Purchase prices for grains in Ukraine on December 24, 2024
24.12.2024
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, $ DAF, $ CIF, $ Wheat mill offals 5750 Mustard seeds 25000 25000 Peas 13500 11325 Rye 9000 Rye grade II 9000 Coriander 21500 ...
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At the end of 2024, US wheat futures are trading 23-27% lower than last year
24.12.2024
Last week, US wheat futures fell another 1-1.5% and are now trading 23-27% lower than last year, on the back of a good harvest in the US this year and favorable weather conditions for winter crops for the 2025 harvest. Meanwhile, European wheat prices have barely changed over the year due to a sharp reduction in EU production this season. March wheat futures rose yesterday: by 1.4% to $198.6/t - for soft winter SRW wheat in Chicago (-1.7% per week, -26% per year), by 1.1%...
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The dollar exchange rate on the interbank market reached a record 42 UAH
24.12.2024
Yesterday, the dollar exchange rate on the interbank foreign exchange market of Ukraine rose to a record 42.03/42.05 UAH/$, which is 12% higher than at the beginning of the year. On December 24, the National Bank increased the official exchange rate by 0.1149 UAH/$, to 41.991 UAH/$. In December, the exchange rate growth accelerated amid increased demand for foreign currency and a reduction in foreign exchange earnings due to a decrease in agricultural exports caused by the...