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Favorable weather in Australia has allowed to raise wheat and barley crop forecasts
03.09.2024
The official agency ABARES, thanks to good rainfall in the main growing regions, raised the forecast for the wheat harvest in Australia in 2024/25 MR by 2.7 million tons to 31.8 million tons, which will exceed the 26 million tons harvested last year and the 10-year average by 22% . The wheat export forecast has been lowered to 20.9 million tons, which will be 7% less than the 2023/24 FY, but 10% higher than the 10-year average. In the August USDA report, the wheat harvest forecast...
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Quotations for rapeseed in Paris reacted very sluggishly to another decrease in the forecast of the harvest in the EU
03.09.2024
Yesterday, the Strategie Grains agency again lowered the forecasts for the production of agricultural crops in the EU, which supported stock market quotations. Rape prices on the stock exchange in Paris, after falling the week before last to the lowest values in the season, gradually recovered to the level of prices at the beginning of August. Traders almost did not react to the significant decrease in the forecasts of the rape harvest in the EU and Ukraine and the worsening...
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The agricultural land market in Ukraine grew by more than 30% in 2024
03.09.2024
In July 2024, the volume of the agricultural land market in Ukraine grew by 10.2% compared to June in terms of the number of concluded agreements and by 4.3% in terms of the area of land in circulation, KSE Agrocentr analysts report. The area of land in circulation in July was 30.4% higher than the monthly average of 2023, and land prices reached a record level after a slight drop in May-June. The average purchase price per hectare of land in July was UAH 46,000, which...
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Purchase prices for grains in Ukraine on September 2, 2024
02.09.2024
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 330 Wheat mill offals 3800 Mustard seeds 25000 Peas 13000 13125 250 265 Buckwheat 320 Rye grade IV...
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Wheat quotations for the week rose significantly on forecasts of a decline in the harvest in the EU and the Russian Federation
02.09.2024
Wheat prices on world exchanges, after falling on Monday to record low levels during the following sessions, rose by 3.9-6.3% on forecasts of a decrease in the harvest in the EU and the Russian Federation, but are still 1.3-7% inferior to the level of prices at the end of July . The European Commission lowered the forecast for the soft wheat harvest in the EU in 2024/25 from 120.8 to 116.1 million tons (125 million tons in 2023/24). The export forecast was reduced from 32 to 26...
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Corn harvesting in Ukraine began a week earlier than in the previous season
02.09.2024
According to the Ministry of Agriculture, as of August 29, 28.712 million tons of grain and leguminous crops were harvested in Ukraine from 6.802 million hectares or 62% of the area with an average yield of 4.22 tons/ha. In the Cherkasy and Poltava regions, 29.7 thousand tons of corn were collected from the first 6.6 thousand hectares with a yield of 4.5 tons/ha. Also collected on the specified date: sunflower – 419.4 thousand t from 256.5 thousand ha or 5% of the area...
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Drought in Ukraine, Brazil and part of the Russian Federation can significantly reduce the cultivated area
02.09.2024
Traders' attention is focused on the weather in Ukraine and the south-west of the Russian Federation, where dry and hot weather prevents the sowing of winter rapeseed and wheat. In addition, increasing heat in central Brazil will not allow soybean sowing to start on time. In the Black Sea countries last week, dry and hot weather continued to reduce the potential of soybean, corn and sunflower crops, which have already begun to be harvested. Minor thunderstorms occurred in some...
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Purchase prices for grains in Ukraine on August 30, 2024
30.08.2024
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 330 Wheat mill offals 3800 Mustard seeds 25000 Peas 13000 13125 250 265 Buckwheat 10500 320 Rye...