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Forecasts of a cut in production caused palm oil prices to rise to a 2-year high, supporting sunflower and soybean oil prices.   December palm oil futures on Bursa Malaysia rose another 2.2% yesterday to a 27-month high of 4,486 ringgit/t or $1,032/t (+5.4% from the start of the week) on forecasts of a cut in production in Malaysia and Indonesia, the expected increase in exports in October - November, and the increase in domestic consumption in Indonesia, where from January 1, 2025,...

By a resolution adopted on October 22, the Cabinet of Ministers of Ukraine changed the procedure for checking enterprises for compliance with critically important criteria.   Now, the body that has recognized the enterprise, institution or organization as critical can, if necessary, conduct a check of compliance with the criteria, based on the results of which make a decision on compliance or non-compliance with critical status.   Currently, the effect of certain...

Since November 1, the SENT system has been introduced for cargo transportation on the territory of Poland, which provides for mandatory registration for carriers from third countries, which means for Ukrainian ones as well. The State Service of Ukraine for Transport Safety (Ukrtransbezpeka) reported this on its Facebook page.   Starting from November 1, in the new system, it is necessary to register transportation under one-time permits, under ECMT transportation permits, as well as...

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 4850 150 Mustard seeds 25000 Peas 13000 13125 5900 Coriander 21500 Corn...

According to the Rabobank forecast, despite unfavorable weather conditions in some major grain-growing regions, the harvest of winter crops in Australia in 2024/25 MR will grow compared to the previous season by 1% or 0.5 million tons to 47.1 million tons, which is 13 % will be inferior to the 5-year average.   So, compared to the previous season, in 2024 MR the harvest will change: wheat - will grow by 6% or 1.6 million tons to 27.6 million tons (8% less than the 5-year...

Palm oil futures in Malaysia surged to a multi-month high amid a two-day 4% rise in oil prices, higher oil exports from Malaysia and Indonesia's decision to introduce a B50 mandate on biofuels.   Indonesia confirmed its intention to increase the biofuel blend to 40% (B40) in January and is preparing to ramp up palm oil production to eventually introduce a 50% (B50) blend.   December Brent crude futures rose 4% to $76/barrel this week (-2% for the week, +4% for the...

Global sugar supplies will fall to a six-year low in early 2025, trader Czarnikow Group Ltd. predicts, as drought cuts production in Brazil, a major sugar exporter.   The extreme drought has worsened the condition of the sugar cane crops, which will delay the start of harvest next year and reduce the volume of cane processing in the last months of the current season.   Against the background of a possible reduction in production in Brazil, in particular due to the spread...

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 4850 150 Mustard seeds 25000 Peas 13000 13125 5900 Coriander 21500 Corn...