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The increasing probability of an open war between Iran and Israel with the involvement of other countries in the conflict led to a sharp increase in wheat exchange prices.   Yesterday, December futures rose: by 2.6% to $220/t - for soft winter SRW wheat in Chicago, by 2.5% to $219.8/t - for hard winter HRW wheat in Kansas City, by 2.1% to $233.2/t - for hard spring HRS-wheat in Minneapolis, by 2.4% to €227.5/t or $251.6/t - for wheat on the Paris...

After Israel destroyed the leaders of Hamas and Hezbollah and began an operation in Lebanon to clear the border zone of terrorists, Iran attacked Israel with hundreds of ballistic missiles.   But Israeli Prime Minister Benjamin Netanyahu said that "the country's best air defenses in the world repelled the attack, and Iran will soon pay for its actions."   The Wall Street Journal reports that Israel has warned Iran of direct strikes on nuclear or oil...

Egypt plans to change its food subsidy system and switch to direct subsidies instead of subsidized supplies, as this will be more efficient, according to economists.   For several decades, the country's authorities provided a significant part of the population with bread instead of other products at subsidized prices, and previous attempts to reform this program led to protests.   In 2023, Egypt imported 11 million tons of wheat, half of which was purchased by the...

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 21750 Wheat mill offals 4000 155 170 Mustard seeds 25000 Peas 13000 13125 ↑ 325 7150 Rye grade IV 6400 ...

The other day, scattered precipitation occurred in Brazil, which did not reach the central regions of the country. This week, a new front could bring the first rains and a slight drop in temperatures to the state of Mato Grosso.   According to the AgRural agency, on September 26 soybeans in Brazil were sown on 2% of the planned area (5% last year). Thanks to the rains in the second half of September, 13% of the area has already been sown with soybeans in the main producing state of...

As a result of unfavorable weather in Eastern Europe, the Strategie Grains agency reduced the forecast for the sunflower harvest in the EU in 2024 by 0.4 million tons to 8.9 million tons, which will be 10% less than the 9.8 million tons harvested in 2023. Harvest data confirm poor sunflower yields, which in Romania and Bulgaria will be the lowest in the last 15 years, and in Hungary will be 5% below the 5-year average. In France, slow plant development will delay harvest and make it vulnerable...

Last week, wheat quotations on world exchanges grew by only 0.4-1% against the background of the absence of significant supporting factors.   Forecasts of precipitation and a decrease in temperatures in the Black Sea region reduced fears of the loss of winter wheat crops in Ukraine and the Russian Federation.   In the US, wheat stocks as of September 1 amounted to 54 million tons, which was 5.9 million tons higher than the corresponding figure last year, but turned out to...

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 22000 Wheat mill offals 4000 155 170 Mustard seeds 25000 ↑ 750 Peas 13000 12800 7150 Buckwheat 9000 ...