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World sugar stocks may decline in early 2025, but for now quotes are falling
23.10.2024
Global sugar supplies will fall to a six-year low in early 2025, trader Czarnikow Group Ltd. predicts, as drought cuts production in Brazil, a major sugar exporter. The extreme drought has worsened the condition of the sugar cane crops, which will delay the start of harvest next year and reduce the volume of cane processing in the last months of the current season. Against the background of a possible reduction in production in Brazil, in particular due to the spread...
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Purchase prices for grains in Ukraine on October 22, 2024
22.10.2024
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, $ Vetch 24000 Wheat mill offals 4850 150 Mustard seeds 25000 Peas 13000 13125 5900 Coriander 21500 Corn...
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Processors are trying to reduce sunflower prices, but they are supported by the rising price of sunflower oil
22.10.2024
Last week, sunflower prices in Ukraine rose to 25,500-26,200 hryvnias/t with delivery to the factory against the background of limited supply and the need for factories to fulfill oil supply contracts. From Monday, processors tried to lower prices to 24,500-25,000 hryvnias/ton following the drop in prices for vegetable oils, caused by an 8% drop in oil prices for the week. But the lower-than-expected harvest is forcing processors to keep prices high, especially when buying large...
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Rising U.S. exports support soybean prices, but favorable weather in Argentina and Brazil adds pressure on quotes
22.10.2024
The complex global soybean balance sheet this season continues to weigh on the market, so improved weather in South America has accelerated the decline in prices. In central Brazil, the rainy season has begun, which has allowed sowing to be accelerated. According to AgRural data, as of October 17, 18% of the planned area was sown with soybeans (30% last year), and only 10 days remained until the end of the optimal sowing period. Rains are also coming in Argentina,...
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Active harvesting of corn in the USA and increasing exports from Brazil are putting pressure on prices in Ukraine
22.10.2024
As of October 20, corn in the USA was harvested on 65% of the area (55% last year and 52% on average for 5 years), which is the best indicator since 2012. The forecasted dry and warm weather for the next 7-10 days will allow harvesting to be completed in record time and with minimal losses. Near-record soybean and corn crops will add to the problem of free space at elevators, where farmers are still storing leftover 2023 corn in anticipation of good prices. The...
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Purchase prices for grains in Ukraine on October 21, 2024
21.10.2024
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, $ Vetch 24000 Wheat mill offals 4850 150 Mustard seeds 25000 Peas 13000 13125 5900 Coriander 21500 Corn...
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Canola prices remain strong in Paris but pressured by falling canola quotes in Canada
21.10.2024
Amid a lack of escalation between Iran and Israel, oil prices fell 8.2% for the week, putting pressure on biofuel and vegetable oil prices, although rapeseed prices remained high in Paris. On Friday at the Paris MATIF, November rape futures rose 1% to €501/t or $544/t (+0.4% for the week, +7.6% for the month), and February - by 1 .2% to €505.75/t (+0.2% for the week, +8% for the month). November canola futures on the Winnipeg exchange traded at CAD 616/t or...
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The Russian Federation is trying to stop the export of products from Ukraine with missile attacks on ports
21.10.2024
On the evening of October 20, explosions rang out in Odesa, resulting in fires, including in the port area. Before that, the Ukrainian Armed Forces warned the Ukrainians about the detected high-speed target in the direction of the Odesa region. We will remind that on October 18, Russian rockets damaged a three-story building and 10 private houses in Odesa. And the day before, from October 6 to 10, as a result of a missile attack on ports, three foreign ships were...