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Egypt's GASC held an international and local tender for the purchase of vegetable oils on September 10, where it purchased a large batch of sunflower oil, albeit at a higher price than in August, but refused to purchase imported soybean oil due to the high price. Currently, soybean oil in Chicago is traded much cheaper than palm and sunflower oil, but buyers did not lower prices at the tender.   As with the previous tender on August 7, yesterday's auction saw 14 sunflower oil...

Yesterday, oil prices fell another 3.6% to a 16-month low, having already lost 11.3% of their price in September on expectations of a reduction in global energy demand and news of a slight increase in imports from China.   Morgan Stanley also lowered (for the second time in two weeks) its forecast for Brent oil prices in the 4th quarter from $80 to $75/barrel, which increased the pressure on quotes.   News from China was mixed for energy demand and crude oil prices. On 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 3800 Mustard seeds 25000 Peas 13000 13125 250 Buckwheat 330 Rye grade IV 5900 ...

Statistics Canada (StatCan) yesterday released its 2023/24 end-of-year stocks report, according to which, as of early August, the country's canola stocks reached a 4-year high of 3.1 million tonnes, a 67% increase from the previous season. However, the market reacted to this quite unexpectedly, and the quotations rose by 2.5%.   A new season began in Canada on August 1, but canola harvest rates remain quite low. Thus, as of September 3, in the province of Saskatchewan, canola has...

Experts of APC-Inform have reduced the forecast of sunflower production in Ukraine to 14.2 million tons, which will be 6% less than last year's figure due to the low yield.   As of September 6, 1.39 million tons of sunflower were threshed from 780.8 thousand ha or 16% of the area in Ukraine with a yield of 1.78 t/ha, while last year at the start of harvesting, the yield was 1.86 t/ha.   The agency ProZerno reduced the forecast of the sunflower harvest in the Russian...

Wheat quotations on world exchanges continue to recover after the August drop to multi-year lows, and for the week they rose by another 0.5-3.1%, ignoring forecasts of a decrease in the wheat harvest in the Russian Federation, as well as high rates of wheat exports from the Russian Federation and the USA.   According to the MSG of the USA, during the week ending on September 5, the export of wheat from the country amounted to 587 thousand tons, and in general in the season it reached...

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 3800 Mustard seeds 25000 Peas 13000 13125 250 Rye grade IV 5900 Coriander 21500 Corn...

According to the operational data of the Ministry of Agriculture, on September 5, 29.309 million tons of grain and leguminous crops were harvested in Ukraine from 6.957 million hectares or 63% of the area with an average yield of 4.19 tons/ha (4.38 tons/ha last year).   In particular, domestic farmers threshed: wheat - 21.859 million tons from 4.9 million hectares (100% of the area) with a yield of 4.54 tons/ha (4.72 tons/ha last year), barley - 5.481 million tons from 1.41...