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MARS warns of significant risks to crops in Romania, Bulgaria, Ukraine and the Russian Federation
18.12.2024
Cereal crops in Europe are generally in good condition as recent rains have revived them after a dry start to autumn. However, cereal crops in the Black Sea countries do not have enough to last until winter, the EU's crop monitoring service ( MARS ) said on Monday. According to MARS , dry weather in Western Europe allowed farmers to complete sowing, albeit with a delay, while in Central and Northern Europe, rains significantly replenished soil moisture reserves, and a slight...
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Dollar hits record high for second day in a row, but National Bank curbs rate jumps
18.12.2024
Yesterday, at 5:00 PM on the interbank foreign exchange market of Ukraine, the dollar was quoted at 41.88/41.93 UAH/$, and the euro at 43.99/44.03 UAH/€. On December 18, the National Bank set the official dollar exchange rate at 41.83 UAH/$, weakening the hryvnia by 9 kopecks compared to the previous indicator. Thus, for the second day in a row, the dollar exchange rate has renewed its historical maximum. The euro exchange rate is set at 43.91 UAH/€, i.e. the hryvnia has lost 10...
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Purchase prices for grains in Ukraine on December 17, 2024
17.12.2024
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 ↑ 250 Mustard seeds 25000 25000 Peas 13500 11325 Rye 9000 Rye grade II 9000 Coriander 21500 ...
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Falling palm oil prices increase pressure on sunflower oil and sunflower prices in Ukraine
17.12.2024
The decline in Malaysian palm oil prices is accelerating, and yesterday February futures on the Bursa exchange fell by 1.2% to 4,758 ringgit/t or $1,070/t (-7.6% for the week) amid reduced demand, especially from India, which has stepped up purchases of cheaper soybean and sunflower oil. According to estimates by surveyors ITS and AMSPEC, Malaysia reduced palm oil exports by 6.7-9.8% to 660-671 thousand tons between December 1 and 15 compared to the same period in...
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Rising prices for Russian and European wheat support purchasing prices in Ukraine
17.12.2024
Rising prices for Russian wheat led to higher quotes for European and Ukrainian wheat, while American grain prices fell by 1-3% in a month amid declining export demand. According to Rusagrotrans, during the week, export demand prices for Russian wheat with 12.5% protein and delivery in January increased by $7/t to a 2-month high of $235/t FOB against the backdrop of active demand from North African countries. During this time, demand prices for French wheat increased...
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China increased grain production to a record 706.5 million tons
17.12.2024
In 2024, China increased grain production compared to the previous year by 1.6% from 695.41 million tons to a record 706.5 million tons, the AgroExpert publication reports. According to the National Bureau of Statistics of the PRC, compared to last year, rice production increased by 0.5% to 207.5 million tons, wheat - by 2.6% to 140.1 million tons, corn - by 2.1% to a record 294.92 million tons for this crop. At the same time, soybean production decreased by 0.9% to 20.65 million...
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Purchase prices for grains in Ukraine on December 16, 2024
16.12.2024
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 5500 Mustard seeds 25000 25000 Peas 13500 11325 Rye 9000 Rye grade II 9000 Coriander 21500 ...
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Rapeseed futures in Paris rose to their highest level since late 2022
16.12.2024
Speculative demand for rapeseed in the EU is supported by restrained sales by local farmers, reduced supplies of Ukrainian rapeseed and slow canola supplies from Canada and Australia. But the situation may change soon, as canola prices in Canada remain under pressure from falling US soybean oil quotes and the new US Administration's intentions to impose tariffs on Canadian goods. Amid market uncertainty, February rapeseed futures in Paris fell by 10% from a record level of...