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Purchase prices for grains in Ukraine on July 15, 2024
15.07.2024
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 ↑ 10 Mustard seeds 425 Peas 13175 ↑ 108 12475 12500 263 280 Buckwheat ...
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Soybean quotes fall amid upbeat USDA soybean balance sheets for FY 2023/24 and 2024/25
15.07.2024
Oilseeds balance sheets for FY 2024/25 are unchanged in July's USDA WASDE Supply and Demand Report, as lower global sunflower production will be offset by higher canola yields, leaving oilseed prices largely unchanged. USDA experts left the soybean crop forecast in Brazil in 2023/24 at the level of 153 (162) million tons, while the local agency Conab estimates it at 147.3 million tons. For Argentina, the crop forecast was lowered by 0.5 to 49.5 ( 25) million tons based on the...
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USDA experts lowered the forecast of world corn production for 2023/24 MY, but increased it for 2024/25 MY
15.07.2024
In July's supply and demand balance sheet, USDA experts slightly lowered their 2023/24 FY corn production forecast (although for Brazil, estimates remained unchanged and exceeded local analysts' forecasts), which led to a decrease in ending stocks and offset the increase in production in the new season, so there was not much impact on prices For 2023/24 MR, the forecast of world corn production was reduced by 2.65 to 1225.4 million tons, in particular for Argentina –...
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A sharp increase in the forecast of world wheat production collapsed stock market quotations
15.07.2024
After USDA experts reduced the forecast of world wheat production in June by 7.44 million tons, in July the estimate was increased by 5.44 million tons, after which wheat quotations fell by 1.5-3%, losing 5.5-14 for the month. 7%. In addition, the forecast for wheat exports from the Russian Federation in 2023/24 was increased by 1.5 to 55.5 million tons. Compared to the June estimates, the world wheat balance for the 2024/25 MR has undergone the following...
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Purchase prices for grains in Ukraine on July 12, 2024
12.07.2024
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 3250 160 Mustard seeds 425 Peas 13150 ↑ 117 10604 263 280 Buckwheat 500 ...
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India continued to increase imports of palm and sunflower oil in June, but the pace of deliveries is lower than last year
12.07.2024
In June, compared to the previous month, India increased imports of palm oil from 763 to 786 thousand tons and sunflower oil from 410 to 465 thousand tons, while soybean imports decreased from 324 to 275 thousand tons. At the same time, the total volume of palm oil imported in 2023/24 MR (from November to June) decreased compared to the previous season by 4.4% to 5.76 million tons, sunflower oil – by 33% to 2.46 million tons, and soybean oil - by 25% to 1.86 million tons, -...
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The increase in global rapeseed exports by 40% in April-May led to an increase in prices
12.07.2024
According to Oil World, in April - May of this year, the global export of rapeseed and canola increased by 40% to 2.92 million tons compared to the same period in 2023, in particular from Canada - from 1.24 to 1.39 million tons, Australia - from 0.85 to 1.32 million tons and Ukraine - from 29 to 206 thousand tons. At the same time, China increased its import of rapeseed from 0.91 to 1.07 million tons, and EU countries - from 0.23 to 0.87 million tons. In general, in...
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Rural Bank has raised its wheat and canola export forecasts for Australia
12.07.2024
In 2023/24, Australia will export 20 million tons of wheat, 7.6 million tons of barley, and 5.8 million tons of canola, Grain Cental reports. Rural Bank experts believe that the high pace of shipments may complicate the situation in the event of unforeseen events in the second half of 2024. And rising prices and concerns about the Russian harvest allowed sales to intensify. According to experts' forecasts, the export of wheat from the countries of Western Europe...