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According to the Ministry of Agriculture, as of September 19, 31.875 million tons of grain and leguminous crops were harvested in Ukraine from 7.511 million hectares or 68% of the area with an average yield of 4.24 tons/ha. Last year, on September 21, 29.8 million tons of grain and leguminous crops were harvested from 6.841 million hectares or 63% of the area with a yield of 4.36 tons/ha.   Harvesting of late grains, which are currently threshed, is also underway: corn –...

Global soybean prices remained stable over the past week and have not yet reacted to the lack of rainfall in the main soybean-growing region in Brazil and delays in the planting campaign. Meanwhile, soybean export prices in Ukraine continue to rise due to low supply.   As of September 19, 49% or 1.293 million hectares (out of 2.6 million hectares) have been harvested in Ukraine, yielding 2.64 million tons with an average yield of 2.04 t/ha compared to 2.43 t/ha last...

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, $ Wheat mill offals 4000 140 Mustard seeds 25000 Peas 13000 12800 7125 Buckwheat 9000 10000 Rye grade IV 6400 7500 ...

Experts from the International Grains Council (IGC) in their September report left unchanged the forecast for global grain production in the 2024/25 marketing year at 2.315 billion tons (11 million tons more than in 2023/24 MY), as the decline in wheat production will be offset by the increase in the corn harvest.   The global grain consumption forecast was raised by 4 million tons to 2.325 billion tons, 9 million tons more than in the 2023/24 MY. However, due to an upward revision...

The main focus of analysts remains on the weather conditions in central Brazil, parts of Argentina, as well as in eastern Ukraine and western Russia, where dry conditions persist. This leads to a decrease in soil moisture reserves, hindering the start of soybean, corn, and winter wheat planting.   This week, western regions of Ukraine received good rainfall, while the eastern regions of Ukraine and southwestern Russia experienced intense heat and drought. According to 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, $ Wheat mill offals 4000 140 Mustard seeds 25000 Peas 13000 12800 7125 Buckwheat 9000 10000 Rye grade IV 6400 7500 ...

Sugar stock prices continued to rise this week on forecasts of dry and hot weather in Brazil's sugar-producing regions.   On the London Stock Exchange, October white sugar #5 futures for the week rose 6.7% to a 5.5-month high of $555/t (+10% for the month), and cane sugar #11 rose 13, 7% to the highest level since September of $21.16/lb or $466/t (+17% for the month).   According to forecasts, dry and hot weather will prevail in the states of São Paulo and Mato...

On September 18, the US Federal Reserve System (which acts as the central bank) cut the key rate by 0.5% for the first time since 2020 (although analysts had expected a decrease of 0.25%), starting "the easing of monetary policy with a larger than usual , reducing borrowing costs." In July 2023, the Fed raised the rate to 5.25-5.5% and kept it high to reduce inflation from a 40-year high (caused by the infusion of funds during the covid period) to the target.   Fed...