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Unexpectedly upbeat data on canola in the USDA's August report sent canola and canola prices lower, especially amid a sharp drop in soybean quotes.   USDA experts increased the forecast of global rapeseed production in 2024/25 MR by 0.9 to 88.8 (88.75) million tons, primarily for the Russian Federation - by 0.8 to 5.1 million tons, but did not lower the harvest estimate for the EU and Ukraine, as analysts expected.   In Ukraine, on August 8, 99% of the area harvested...

During the week, the main US stock indexes rose and almost recovered from last Monday's fall of 5-5.5%. The S&P 500 index closed yesterday at 5,440p, just 4% below July's record high and 24% higher than last year's level. The Dow Jones Industrials closed at 40,000, down 5% from a record high and up 14% from last year. The Nasdaq 100 index closed at 17,200 (-7.5%, +24%). Quotations are supported by positive reports from companies and data on the improvement of the US economy. 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 13000 250 270 Rye grade III 5850 Rye grade IV 5700 5500 ...

On the Black Sea market, no significant increase in the cost of grain transportation from Ukraine has yet been observed. Cargo/tonnage imbalance persists in all market segments, allowing charterers to dictate terms. The demand for Panamaxes and lighters remains stable, while the demand for handysizes and barges has decreased, so their owners will be forced to lower rates again, UZA reports with reference to ASAP.   Thus, freight rates for panamax transportation of corn and wheat from...

In the August FAS USDA report, the forecast for the world production of vegetable oils in FY 2024/25 was reduced by 0.95 to 227.1 million tons (223.92 million tons in FY 2023/24; 223.88 million tons in FY 2022/23 and 218 .33 million tons in 2021/22 MR), in particular sunflower - by 0.91 to 20.58 (22.19) million tons and palm oil - by 0.36 to 79.83 (79.03) million tons, which partially will be compensated by an increase in the production of rapeseed oil by 0.26 to 34.19 (34.18) million tons and...

According to IA "APK-Inform", in July the volumes of sunflower processing in Ukraine under the pressure of seasonal factors (reduction of raw material stocks and transition of a number of enterprises to rapeseed processing) decreased by 10% compared to June to 1 million tons, which became one of the best indicators for this month and exceeded previous forecasts.   During the 11 months of the 2023/24 FY in Ukraine, the maximum 14.4 million tons of sunflower were processed in...

USDA's August supply and demand WASDE report raised the 2024/25 MY global oilseeds production forecast sharply by 4.45 million tonnes to 690.54 million tonnes (a 5% increase from 2023/24 MY) as global sunflower production declined by 2.27 million tons is compensated by an increase in soybean harvest by 6.88 million tons and rapeseed by 0.9 million tons.   Compared to the July estimates, the new soybean balance for the 2024/25 FY has undergone the following...

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 13000 ↓ 167 250 270 Rye grade III 5850 Rye grade IV 5700 5500 ...