News

During the week, wheat futures on world exchanges fell by 1.3-4.5%, despite forecasts of a decrease in the wheat harvest in the Russian Federation and the EU (especially in France).   The SovEkon agency reduced the wheat harvest forecast in the Russian Federation by 1.8 to 82.9 million tons (92.8 million tons last year and 86.7 million tons on average over 5 years) due to a decrease in yield and sowing area. Rosstat estimates the area under wheat at 28.5 million hectares (29.8...

According to the operational data of the Ministry of Agriculture, as of August 15, 28.459 million tons of grain and leguminous crops were threshed in Ukraine from 6.713 million hectares or 61% of the area with an average yield of 4.24 tons/ha.   Currently collected: wheat - 21.68 million tons from 4.85 million hectares (100% of the planned) with a yield of 4.47 tons/ha; barley - 5.48 million tons from 1.4 million hectares (100%) with a yield of 3.92 tons/ha; peas - 458.5...

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 3600 Mustard seeds 485 Peas 13300 13200 250 270 Rye grade III 5850 Rye grade IV 5700 ...

Traders' attention is now focused on the weather in the EU, Ukraine and the Russian Federation, where unfavorable weather for the development of late crops (soybeans, sunflowers, corn and sugar beets) remains, supporting prices on European exchanges. At the same time, the "ideal" weather conditions in the USA increase the pressure on quotations on the American stock exchanges.   The U.S. Midwest and Great Plains saw showers and thunderstorms this week that improved crop...

In the August report, experts of the International Grain Council (IGC) reduced the forecast of world grain production in 2024/25 MR by 6 million tons to 2.315 billion tons (primarily due to the reduction of the harvest in the EU) compared to July estimates, which will exceed by 16 million tons the indicator of 2023/24 MR will become a new record.   The forecast of world grain consumption has been reduced by 3 million tons to 2.321 billion tons, which will exceed the production volume...

According to SEA estimates, India increased vegetable oil imports in July compared to the corresponding period of 2023 by 8% to a record 1.89 million tons, reports Oil World. Thus, compared to July 2023, palm oil imports increased from 1.02 to 1.12 million tons, of which 630,000 tons were supplied from Indonesia, 300,000 tons from Malaysia, and 120,000 tons from Thailand.   The import of sunflower oil grew by 14% to 367,000 tons, of which 190,000 tons were delivered from 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 3600 Mustard seeds 485 Peas 13300 13200 ↑ 200 250 270 Rye grade III 5850 Rye grade IV 5700 ...

In its August report, the Brazilian agency Conab left the forecast for the soybean harvest in the country in 2023/24 at the level of 147.38 million tons, which would be 4.7% less than in 2022/23. At the same time, the USDA in August left the forecast for soybean production in Brazil in 2023/24 at the level of 153 million tons, and in 2024/25 at the level of 169 million tons.   Conab's soybean export forecast in FY 2023/24 remained at 92.4 million tons, while USDA raised it by 2...