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India cuts palm oil imports by 33% to 6-month low in September
15.10.2024
According to the Indian Solvent Producers Association (SEA), in September against the backdrop of high prices, India reduced imports of vegetable oils by more than 30% to 1.1 million tons compared to August, in particular palm oil by more than 33% to a 6-month low of 527,314 thousand tons, sunflower - by 46.2% to a 10-month low of 152,803 thousand tons, and soybean - by 15.4% to 384,382 thousand tons. SEA experts attribute the reduction in palm oil imports to significant own...
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Export prices for food wheat in Ukraine reached UAH 10,000/t
15.10.2024
Purchase prices for wheat in Ukraine have risen sharply against the background of active exports and limited supply, and are not yet affected by the decline in world quotations. During the week, export purchase prices increased by another $5-6/t to $210-215/t or UAH 9,700-10,000/t for food and to $200-205/t or UAH 9,400-9,550/t for feed wheat with delivery to the Black Sea ports. In 2024/25, Ukraine exported 6.9 million tons of wheat (3.9 million tons in the same...
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Purchase prices for grains in Ukraine on October 14, 2024
14.10.2024
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 25000 22500 Wheat mill offals 4700 150 ↓ 10 Mustard seeds 25000 Peas 13000 13125 5900 Rye grade IV 6400 ...
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Strategie Grains experts have raised the forecast for the corn harvest in the EU in 2024/25 MR
14.10.2024
Analysts of Strategie Grains increased the forecast of the corn harvest in the EU in 2024/25 MR by 0.2 to 58.1 million tons compared to previous estimates, which will still be inferior to last year's 62.9 million tons. While Romania's harvest is expected to be lower than usual due to a prolonged drought, heavy rains in France (which made the wheat harvest the worst in 40 years) have boosted the development of maize crops, although they have delayed the...
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USDA experts raise sunflower production forecast and lower 2024/25 soybean and canola crop estimates
13.10.2024
In the October WASDE supply and demand report, USDA experts left the forecast for world production of oilseeds in FY 2024/25 at 687.32 million tons (657.56 million tons in FY 2023/24), although the forecast for sunflower production was increased by 0.14 million t, and rape and soybeans decreased by 0.12 and 0.28 million tons, respectively. Sunflower production estimates are increased for Argentina and Moldova due to increased acreage, while soybean production forecasts are lowered...
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Corn prices fell, despite lower forecasts for world production and stocks and a higher consumption estimate in the USDA report
13.10.2024
In October's supply and demand balance sheet, USDA experts again lowered their 2024/25 FY 2024/25 global corn production and inventory forecasts and raised their estimate of consumption, which will significantly exceed production. December corn futures on the Chicago Mercantile Exchange fell 0.7% to $163.7/t (+2.8% from the September report) on the report, as traders reacted to a cut in the import forecast for China, ignoring a slight adjustment to production estimates for the...
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A reduction in the forecast for world wheat production and consumption, and an increase in the estimate of stocks in the USDA report lowered the quotation
13.10.2024
In October's supply and demand report, USDA experts lowered their forecasts for world wheat production and consumption in 2024/25 and raised their estimates of opening and ending stocks, sending quotes down 1%, although they rose 2.8-3% overall for the month. .5%. In comparison with the September estimates, the new wheat balance for 2024/25 MR underwent the following changes: The estimate of initial reserves was increased by 0.93 to 266.18 million tons (271.04...
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Purchase prices for grains in Ukraine on October 11, 2024
11.10.2024
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 25000 22500 Wheat mill offals 4250 160 Mustard seeds 25000 Peas 13000 13125 5900 Rye grade IV 6400 ...