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IGC experts have raised forecasts for world production of wheat and corn in 2024/25 MR
19.07.2024
In the report of the International Grains Council (IGC), released on July 18, forecasts of world wheat and corn production for 2024/25 were raised. Thus, compared to June estimates, the forecast for grain production, including wheat and feed grain, was increased by 8 million tons to a record 2.321 billion tons, which will exceed the previous season's figure by 1%. This was made possible by improved prospects for wheat harvests in North America, Pakistan and Kazakhstan, as well...
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In Ukrainian ports, panamax freight rates have decreased, and handysize and koster rates have increased
19.07.2024
According to the company Spike Brokers, during the week the freight rates of panamax vessels in Ukrainian ports decreased by $2/t, and those of handysizes and lighters increased by $1/t, while barge freight rates remained unchanged. As of July 17, rates for transportation by river transport were: Izmail - Constanta (Romania) (1-3 thousand tons) - 12 €/t; Izmail - Ruse/Silistra (Bulgaria) (1-3 thousand tons) - 19 €/t; Ishmael - Israel (5-7 thousand tons) -...
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Purchase prices for grains in Ukraine on July 18, 2024
18.07.2024
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 30000 Wheat mill offals 3000 170 Mustard seeds 425 Peas 13175 ↑ 108 10880 12500 263 280 Rye 4750 ...
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Exchange prices for corn have not yet reacted to the decrease in the harvest forecast in Ukraine
18.07.2024
Strong heat and lack of rain have a negative impact on corn crops, which are in the critical phase of flowering and crop formation, so market participants are lowering production forecasts. Analysts of the PUSK agricultural cooperative at the All-Ukrainian Agrarian Council allow a repeat of the situation in 2020, when the sunflower and corn harvests decreased by 35% due to the drought. Yesterday, the long-awaited rains passed in the northern regions of Ukraine, which...
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The farmers' association sharply lowered the harvest forecasts for Germany
18.07.2024
Against the background of prolonged adverse weather conditions, the Association of Farmer Cooperatives in Germany has significantly lowered its forecast for the 2024 harvest, Reuters reports. In some regions, the harvest has started very early, but incessant rains are delaying work and reducing harvest potential, while dry and sunny weather is needed to produce good quality grain. According to the association's forecast, in 2024 the harvest of the main crops will...
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During the year, Ukraine exported more than 57 million tons of cargo via the sea corridor
18.07.2024
During almost a year of operation of the Ukrainian Maritime Corridor, 57.55 million tons of Ukrainian products were exported to 46 countries of the world by 2,059 vessels, including 39 million tons of agricultural goods. Yu Lytvyn, the head of SE "Seaports Administration of Ukraine", told about this on his Facebook page. "The joint efforts of the Armed Forces, business and international partners made it possible to ensure stable and predictable export of products, to...
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Purchase prices for grains in Ukraine on July 17, 2024
17.07.2024
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 30000 Wheat mill offals 3000 170 Mustard seeds 425 Peas 13175 ↑ 108 10880 12500 263 280 Buckwheat ...
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Rapeseed prices in Ukraine remain at a high level, supported by forecasts of a decrease in soybean and sunflower harvests
17.07.2024
Over the past week, stock market quotations for rapeseed, soybeans and soybean oil fell sharply, which led to a drop in purchase prices for rapeseed in Ukraine, although demand for it remains quite high. August rapeseed futures on the Paris Stock Exchange remain under pressure from lower oil and soybean oil prices and are trading at €467.25/t or $509.5/t, in line with last month's level, although they have risen over the period and fell by 10%. December...