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Planting acceleration and rains in Brazil are increasing pressure on soybean crops
29.10.2024
Increased rainfall in central Brazil is boosting soybean planting, which has almost caught up with last year's pace, adding to pressure on stock prices. According to AgRural data, as of October 24, 36% of the planned area was sown with soybeans in Brazil (20% a week ago, 40% last year), and warm weather with periodic rains predicted for the next 7-10 days will speed up work. November soybean futures on the Chicago Stock Exchange rose 1.8% early last week, but then...
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Purchase prices for grains in Ukraine on October 28, 2024
28.10.2024
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, $ DAF, $ CIF, $ Wheat mill offals 5000 Mustard seeds 25000 Peas 13000 13125 5900 Coriander 21500 Corn 9215 8294 8500 7797 ↓ 50 197 190 ↑ 1...
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Oil prices fall 4.5% after Israeli strike on Iran, which will increase pressure on vegetable oil prices
28.10.2024
After Israel's massive attack on Iran's military facilities, oil prices fell sharply, as the bombing did not affect nuclear facilities and oil infrastructure. In another 4 hours, the Russian Federation warned Iran about the attack, but it is known that the Israeli authorities, through intermediaries, informed Iran about which objects would be attacked in order to get people out of there. The Iranian authorities, through intermediaries, conveyed to Israel that they would not respond to...
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China plans to harvest a record 700 million tons of grain in 2024
28.10.2024
In 2024, grain production in China may reach a record 700 million tons, which will be 0.7% higher than the harvest of 2023 (695.41 million tons), the country's MSG reports. In recent years, the world's largest grain producer, which is heavily dependent on imports from the US and Brazil, has significantly increased investment in agricultural machinery and seed technology to ensure food security for its 1.4 billion people. For 9 consecutive years, China's...
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Ukraine completes the harvesting of late crops and continues the sowing of winter crops
28.10.2024
According to the Ministry of Agriculture, as of October 24, 45.08 million tons of grain and leguminous crops were threshed in Ukraine from 9.757 million hectares or 88% of the area with an average yield of 4.62 tons/ha. Last year, on October 26, 43.366 million tons of grain and leguminous crops were harvested from 8.85 million hectares or 81% of the area with an average yield of 4.9 tons/ha. So far, late cultures have been collected: corn - 15.415 million tons from 2.69...
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Overview of world grain trade
25.10.2024
Recently, grain markets have been affected not only by extreme weather conditions (from drought to floods), but also by geopolitical factors - the conflict in the Middle East and the war in Ukraine. According to the UN FAO , in September the grain price index increased by 3% compared to August, but was 10.2% lower than in September 2023. After a 3-month decline, world wheat prices rose in September against the background of unfavorable weather in the main exporting countries,...
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Purchase prices for grains in Ukraine on October 25, 2024
25.10.2024
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 24000 Wheat mill offals 5000 150 Mustard seeds 25000 Peas 13000 13125 5900 Coriander 21500 Corn...
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Demand for Ukrainian corn decreases as buyers prefer cheaper American corn
25.10.2024
The sharp rise in prices for Ukrainian corn, caused by the reduction in production, significantly increased the demand for cheap American corn. According to the USDA, export sales of corn from the United States for October 10-17 increased to 3.6 million tons, which was 62% higher than the average of the previous 4 weeks. And in general, in 2024/25 MR, the export of corn reached 17.5 million tons with a forecast of 59 million tons (compared with 13 million tons for the same period...