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Export demand prices for corn in Ukraine continue to rise
10.12.2024
Demand for Ukrainian corn has gradually eased in recent months as world prices have fallen, but limited supply from Ukrainian farmers is forcing traders to raise prices to fulfill contracts. In 2024/25 MR (as of December 9), Ukraine exported 7.68 million tons of corn, which is only 4.5% ahead of last year's corresponding figure (7.35 million tons), although at the beginning of the season the export rates significantly exceeded last year's. The decrease in demand from the EU...
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The Ministry of Agrarian Policy approved the minimum export prices for December
10.12.2024
An order has appeared on the website of the Ministry of Agricultural Policy of Ukraine, which approves the minimum prices for agricultural products subject to the export support regime. The document establishes for December the minimum prices for goods of certain UKTZED categories (0409 00 00 00, 0802 31 00 00, 0802 32 00 00, 1001, 1002, 1003, 1004, 1005, 1201, 1205, 1206 00, 1507, 1512, 1514, 2306). The table shows the minimum allowable export prices in US dollars per...
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Recovery of rapeseed prices supports sunflower prices in Ukraine
10.12.2024
Stronger EU biodiesel demand and a quick recovery in rapeseed prices in Paris after a 10% collapse supported EU sunflower oil and Ukrainian sunflower oil prices. February rapeseed futures on the Paris MATIF yesterday rose 1.3% to €532.75/t or $562.5/t (-0.7% on the month) amid curbed sales by farmers. January canola futures on the Winnipeg exchange rose 6.9% in 3 sessions to CAD 619/t or $437/t (-7.9% on the month), although they remain under pressure from low...
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South American countries and the EU have completed work on a trade agreement, but not all EU members agree with it
10.12.2024
The European Union and the bloc of South American countries MERCOSUR, which includes Argentina, Brazil, Paraguay and Uruguay, have completed work on a free trade agreement. Now 27 EU member states have to agree to it. The agreement will be the largest for the EU both in terms of the population of the partners and in terms of the amount of tariff reduction, which will amount to 4 billion euros per year with a phased abolition over several years. This is the largest agreement for...
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Purchase prices for grains in Ukraine on December 9, 2024
09.12.2024
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, $ Vetch 10000 Wheat mill offals 5350 Mustard seeds 25000 25167 Peas 13000 11200 378 Buckwheat 11500 290 ...
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The fall of the Assad regime in Syria will soon lead to lower oil prices
09.12.2024
The rapid fall of the Assad regime in Syria, whose family has been in power for 54 years, as well as plans for a peaceful transition of power to a new government will normalize the situation in the country and contribute to the increase of oil supplies from the region, as the new state will need funds for its formation. At a forum in Qatar, the head of the National Coalition of Syrian Revolutionary and Opposition Forces, Hadi Al-Bahra, said that after the overthrow of the Assad...
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The Egyptian authorities have confirmed that Mostakbal Misr will handle public procurement of grain instead of GASC
09.12.2024
Egypt's Ministry of Supply has confirmed Mostakbal Misr's authority to import key types of food, Reuters reports with reference to a letter sent to the Ministry of Agriculture of the Russian Federation. “The Mostakbal Misr Agency will receive all the legal powers previously held by the GASC. The procurement structure will also change - and direct agreements with suppliers will be concluded along with tenders. The Ministry of Supply guarantees that Mostakbal Misr has...
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Argentina can increase soybean production to 53-53.5 million tons and corn to 50-51 million tons
09.12.2024
Rains in Argentina's agrarian areas have improved soil moisture before sowing soybeans and corn, the Rosario Grain Exchange reports. Argentina is one of the world's largest exporters of soybeans and grains. Sowing of corn and soybeans is now starting in the country. After a dry winter, the country experienced almost daily rains in the spring, which reached the southern regions over the weekend and improved the conditions for sowing. According to the forecast of...