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In December and January, traders' attention will be focused on the weather in South America, where the weather conditions are favorable for sowing and obtaining seedlings, which increases the pressure on global quotations.   Heavy rains in almost the entire territory of Brazil allowed farmers to complete the sowing of soybeans at the optimal time. Additional rain will continue to improve crop conditions in the coming days, but heavy downpours could lead to flooding in southern...

On the evening of November 27, Mostakbal Misr Agency announced the purchase under direct contracts of wheat with shipment in January and vegetable oils with delivery in February-March. Offers based on CIF delivery with payment deferred for 270 days are accepted until November 28. The tender conditions, except for the basis of delivery, comply with GASC requirements.   Representatives of Mostakbal Misr, which Reuters calls the sustainability agency, were present at GASC's latest...

President Trump has promised to impose additional tariffs of 10% on goods from China and 25% on goods from Canada and Mexico, while previously he proposed raising tariffs to 60% on Chinese goods and 10-20% on all others. If this happens, the average tariff in the US will reach almost 17.7%, which will be the highest since 1934. Economists believe it will increase inflation, worsen relations with China and change global supply chains.   Consequences of Trump's first term During...

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 13000 Wheat mill offals 5350 165 Mustard seeds 25000 24875 Peas 13000 11200 330 Buckwheat 8250 270 ...

Global stock markets continue to experience a catastrophic fall in canola and canola prices, driven by lower soybean oil prices and the new US administration's plans to impose tariffs on canola and oil from Canada.   Significant speculative overbought in futures was met with a sharp sell-off of contracts caused by the possible introduction of a duty.   January canola futures on the Winnipeg exchange yesterday fell another 2.6% to CAD565/t or $403/t (-14.3% since...

The companies ADM (Archer Daniels Midland), Bunge, Cargill and Louis Dreyfus collectively control 50-60% of the international trade in wheat, corn and soybeans, reports Agrarheute with reference to the research data of the Committee on Agriculture of the EU Parliament.   The authors of the study believe that this creates risks for farmers and consumers, so they ask the EU to intervene in the situation. In their opinion, these companies may abuse their market position and detailed...

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 13000 Wheat mill offals 5350 165 Mustard seeds 25000 24875 Peas 13000 11200 ↑ 4050 330 Buckwheat 8250 ...

According to the EIA, the export of fuel ethanol from the USA for the first 8 months of the current year increased by 34.92% compared to the corresponding period of 2023 to a record 29.59 million barrels, S&P Global Platts reports.   Low prices for American ethanol against the background of stable global demand contributed to the increase of its supplies from the United States to Great Britain, India and Colombia. Exports were also boosted by a reduction in ethanol supplies from...