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China plans to harvest a record 700 million tons of grain in 2024
28.10.2024
In 2024, grain production in China may reach a record 700 million tons, which will be 0.7% higher than the harvest of 2023 (695.41 million tons), the country's MSG reports. In recent years, the world's largest grain producer, which is heavily dependent on imports from the US and Brazil, has significantly increased investment in agricultural machinery and seed technology to ensure food security for its 1.4 billion people. For 9 consecutive years, China's...
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Ukraine completes the harvesting of late crops and continues the sowing of winter crops
28.10.2024
According to the Ministry of Agriculture, as of October 24, 45.08 million tons of grain and leguminous crops were threshed in Ukraine from 9.757 million hectares or 88% of the area with an average yield of 4.62 tons/ha. Last year, on October 26, 43.366 million tons of grain and leguminous crops were harvested from 8.85 million hectares or 81% of the area with an average yield of 4.9 tons/ha. So far, late cultures have been collected: corn - 15.415 million tons from 2.69...
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Overview of world grain trade
25.10.2024
Recently, grain markets have been affected not only by extreme weather conditions (from drought to floods), but also by geopolitical factors - the conflict in the Middle East and the war in Ukraine. According to the UN FAO , in September the grain price index increased by 3% compared to August, but was 10.2% lower than in September 2023. After a 3-month decline, world wheat prices rose in September against the background of unfavorable weather in the main exporting countries,...
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Purchase prices for grains in Ukraine on October 25, 2024
25.10.2024
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 24000 Wheat mill offals 5000 150 Mustard seeds 25000 Peas 13000 13125 5900 Coriander 21500 Corn...
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Demand for Ukrainian corn decreases as buyers prefer cheaper American corn
25.10.2024
The sharp rise in prices for Ukrainian corn, caused by the reduction in production, significantly increased the demand for cheap American corn. According to the USDA, export sales of corn from the United States for October 10-17 increased to 3.6 million tons, which was 62% higher than the average of the previous 4 weeks. And in general, in 2024/25 MR, the export of corn reached 17.5 million tons with a forecast of 59 million tons (compared with 13 million tons for the same period...
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Precipitation in South America and the USA, as well as dry weather in Ukraine and the Russian Federation will affect grain markets next week
25.10.2024
Increased rains in central Brazil and Argentina are helping to accelerate soybean and corn plantings, reducing speculative prices, while warm, dry weather in the US is helping to harvest late crops and plant winter wheat ahead of forecast rain. In the east of Ukraine and the south-west of the Russian Federation, dry weather has a negative effect on the sowing of winter crops, but no rain is expected there in the next 10-14 days. According to the data of the...
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Purchase prices for grains in Ukraine on October 24, 2024
24.10.2024
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 24000 Wheat mill offals 5000 150 Mustard seeds 25000 Peas 13000 13125 5900 Coriander 21500 Corn...
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Kazakhstan harvested a record crop of grain, of which it plans to export approximately 12 million tons
24.10.2024
A record 26.5 million tons of grain were threshed in Kazakhstan this year (compared to 17.1 million tons last year), of which 12 million tons of grain and 1 million tons of oil crops can be exported, the country's authorities announced after summarizing the results of harvesting. The MSG of the country attributed the high harvest to favorable weather conditions, the use of high-quality seeds and mineral fertilizers. According to forecasts, Kazakhstan can export...
