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Malaysia to continue reducing palm oil production in December, says MPOV
16.12.2024
Experts from the Malaysian Palm Oil Board (MPOB) predict that Malaysia's palm oil production will decline for the fourth consecutive month in December as heavy rains delayed the palm harvest, OleoScope reports. Peninsular Malaysia, especially its northeast coast, and southern Thailand have been hit hard by torrential rains and floods that have destroyed homes and roads, damaged thousands of acres of rice crops and killed dozens of people. In the last five days of November,...
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Land prices will continue to rise in Ukraine in 2025
16.12.2024
In 2025, land prices in Ukraine will continue to rise, especially in the central regions, due to the limited number of suitable plots and increasing rental costs. In the coming years, the cost of land may increase by 20%, because since the opening of the land market in 2021, a hectare of land in Ukraine has already risen in price from UAH 39,000 to UAH 46,000. The increase in land prices will be facilitated by the limited number of land plots against the background of mining or...
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Purchase prices for grains in Ukraine on December 13, 2024
13.12.2024
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, $ FOB, $ DAF, $ CIF, $ Wheat mill offals 5500 Mustard seeds 25000 25000 Peas 13250 11200 378 Buckwheat 290 Rye 9000 Rye grade...
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Sugar exports from Ukraine are limited by a ban on supplies to the EU
13.12.2024
The harvest of sugar beets is nearing completion in Ukraine, with 12.1 million tons harvested from 253.4 thousand hectares or 98% of the area, with an average yield of 47.7 tons/hectare. Sugar refineries accepted 9 million tons of sugar beets for processing, from which they obtained 1.165 million tons of sugar, which practically corresponds to last year's figures. In 2024, Ukraine is expected to export the largest volume of sugar since 2000 - over 700 thousand...
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Favorable weather for the upcoming soybean and corn harvest continues in Brazil and Argentina
13.12.2024
For the third consecutive month, favorable weather conditions for soybean and corn harvests have persisted in Brazil and Argentina, and rainfall forecast for the coming weeks will further improve harvest prospects. In Brazil , heavy rainfall has resumed, especially in the central states. Next week, a cyclone from Argentina will bring rain to the southern states. This weather is conducive to flowering, soybean filling and the development of first-crop corn crops. The soybean harvest...
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India increased vegetable oil imports by 40% in November, especially soybean and sunflower oil
13.12.2024
After palm oil became the most expensive on the market, India sharply increased purchases of much cheaper soybean and sunflower oil. According to the SEA Association, in November 2024 (the first month of the 2024/25 season), vegetable oil imports increased by 12% compared to October from 1.459 million tons to a record 1.628 million tons, which is 40% higher than the figure for November 2023 (1.161 million tons). Thus, imports of RBD palm olein increased compared to November last...
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Purchase prices for grains in Ukraine on December 12, 2024
12.12.2024
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, $ FOB, $ DAF, $ CIF, $ Wheat mill offals 5500 Mustard seeds 25000 25000 Peas 13250 11200 378 Buckwheat 290 Rye 9000 Rye grade...
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Sunflower prices in Ukraine rose amid supply shortages, but pressure on them increased as production forecast increased in USDA report
12.12.2024
During the week in Ukraine, prices for sunflower with 50% oil content increased by 200-300 UAH/t to 25,800-26,300 UAH/t with delivery to the factory against the backdrop of producers restraining sales, but processors began to buy sunflower only for the sold volumes of oil, the demand prices for which dropped sharply. In the December report, USDA experts unexpectedly for traders increased the forecast for global sunflower production in 2024/25 MY by 0.07 to 50.512 (56.03) million...