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Hurricanes in the US and lack of rainfall in eastern Ukraine and Brazil will affect grain markets in the near future
09.10.2024
Just two weeks after Hurricane Helena hit the southeastern states of the United States , including Florida, killing more than 200 people, meteorologists warned of the approach of a powerful hurricane Milton to Florida, which could cause destruction and catastrophic consequences The Midwest and Central and Southern Plains will experience dry and warm weather this week, which will accelerate soybean and corn harvest and reduce crop losses. Over the weekend, the hurricane will bring...
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Exchange quotations for soybeans continue to fall, which puts pressure on purchase prices in Ukraine
09.10.2024
Increased rainfall in Brazil boosts soybean planting and eases speculative pressure on quotes, which fell 4% for the week. According to the Conab agency, as of October 6 in Brazil, 5.1% of the planned area was sown with soybeans (10.1% last year), while in the state of Mato Grosso - only 2.1% (14% last year), which is the worst indicator since 2015 /16 MR. There is still no significant precipitation in the central regions of the country, but the front will bring rains and lower...
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Purchase prices for sunflower in Ukraine reached UAH 25,000/t, but further growth will limit the fall in prices for petroleum and soybean oil
09.10.2024
Purchase prices for sunflower in Ukraine continue to rise rapidly against the backdrop of a reduced harvest and a lack of offers from farmers. At the same time, the prices of sunflower oil and meal are also increasing, but not as fast as for sunflower. As of October 4, domestic farmers from 3.9 million hectares or 78% of the area collected 8 million tons of sunflower with a yield of 2.05 tons/ha, which is inferior to last year. The total harvest may amount to 11 million tons (15.5...
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Purchase prices for grains in Ukraine on October 8, 2024
08.10.2024
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 22167 Wheat mill offals 4000 160 Mustard seeds 24500 Peas 13000 13125 5900 Rye grade IV 6400 ...
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Export prices for wheat in Ukraine are growing in line with world quotations
08.10.2024
Last week, there was a speculative increase in wheat prices by 5.8-7.3% on world exchanges, caused by the aggravation of the situation in the Middle East and dry weather in the east of Ukraine and the south-west of the Russian Federation. But at the end of the week, traders began to take profits and the quotations decreased, so the weekly growth was 1.4-3.6%. Yesterday, December futures rose: by 0.5% to $217.7/t – for soft winter SRW wheat in Chicago (+1.4% for the...
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the Russian Federation attacked the port in Odesa with ballistic missiles and again hit a civilian vessel
08.10.2024
In the evening of October 7, the Russian Federation attacked Odesa with ballistic missiles and hit the civilian ship "OPTIMA" flying the flag of Palau, as a result of which one person died and several others were injured. This was announced by the head of Odesa OVA O. Kiper in his Telegram channel. He said that a 60-year-old Ukrainian, an employee of a private cargo handling company, was killed as a result of shelling of the Odesa port infrastructure and hitting a...
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Oil prices for the week rose by 13% on expectations of a war in the Middle East
08.10.2024
Yesterday, the stock market continued to see a speculative rise in oil prices, caused by expectations of Israel's response to a missile attack by Iran. Israel has threatened to strike Iran's oil facilities, and Iran has said it will destroy other countries' oil terminals in response, leading to a war in the Middle East. November Brent crude oil futures yesterday rose by 3.8% to a 3-month high of $81/barrel (+12.8% for the week), and US WTI crude oil rose by 3.6% to...
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Purchase prices for grains in Ukraine on October 7, 2024
07.10.2024
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 21500 Wheat mill offals 4000 160 Mustard seeds 24500 Peas 13000 13125 5900 Rye grade IV 6400 ...