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Purchase prices for grains in Ukraine on July 4, 2024
04.07.2024
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, $ Wheat mill offals 3750 170 Mustard seeds 425 Peas 12967 ↑ 267 10930 255 280 Buckwheat 500 Sugar beet pulp gran ...
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A sharp increase in the forecast of the wheat harvest in the Russian Federation by the SovEkon agency increased the pressure on stock market quotations
04.07.2024
World wheat prices remain under pressure from news about the harvest in the Russian Federation, whose share in world wheat exports last year was 28%. Global quotations rose by 30% based on forecasts of a reduction in the wheat harvest in the Russian Federation in April-May, and a new adjustment of estimates led to a decrease in prices. According to Rusagrotrans analysts, in 2023/24 the Russian Federation exported 55.4 million tons of wheat, and the share of Russian...
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Rapeseed prices in Paris reached €500/t, and in Ukraine approached UAH 22,000/t
04.07.2024
On the stock exchange in Paris, the speculative growth of rapeseed prices continues, which rose by 8.2% during 8 sessions to 500.25 €/t or 540 $/t (+4.4% for the month) on forecasts of a decrease in the harvest in the EU, Ukraine and Australia. Prices support forecasts of an increase in rapeseed imports to the EU in the new season due to a reduction in own harvest and supplies from Ukraine and Australia, high prices for Canadian canola (which has not been exported to the EU...
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Oil prices rose by another 1% amid declining US inventories and stronger fuel demand
04.07.2024
September Brent crude futures on the ICE Futures exchange in London yesterday rose another 1.2% to the highest level since April at 87.3 barrels (13% on the month) on data that US oil and fuel inventories fell to 7, 5 monthly minimum. On Independence Day (July 4), Americans travel a lot, which sharply increases the demand for fuel. According to the weekly EIA report, crude oil stocks in the US fell by 12.16 million barrels (with expectations of a decrease of 1 million barrels),...
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Purchase prices for grains in Ukraine on July 3, 2024
03.07.2024
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, $ Wheat mill offals 3750 170 Mustard seeds 425 Peas 13200 ↑ 100 10930 255 280 Buckwheat 500 Sugar beet pulp gran ...
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Crop reduction in the Russian Federation supports high starting prices for wheat in Ukraine
03.07.2024
Weather conditions that are not too favorable for winter wheat in Ukraine and the Russian Federation will reduce the harvest and export potential for both countries. Therefore, at the beginning of the season, traders keep the purchase prices at a high level, trying to assess the volume and quality of the new crop. Heat at 30-35 o C in Ukraine and the south-west of the Russian Federation will improve the quality of wheat, but reduce its yield. But if the temperatures drop in Ukraine...
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A sharp increase in the price of soybean oil in Chicago supported the prices of other vegetable oils
03.07.2024
August soybean oil futures on the Chicago Stock Exchange rose 6.8% this week to the highest level since April at $1,035/t amid increased use of soybean oil in US biodiesel production and higher oil prices. According to the USDA, in May the volume of soybean processing in the USA increased by 7.9% compared to April to 5.23 million tons. September Brent oil futures on the ICE Futures exchange in London rose by 10% to $86.3/barrel (+2.1% for the week) on the back of...
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In 2023/24, Ukraine increased exports of wheat, rapeseed and oil
03.07.2024
The new marketing season started on July 1, so it's time to take stock of the 2023/24 financial year. In total, in 2023/24, Ukraine exported 69.86 million tons of grain and oil crops, as well as vegetable oils. In comparison with the previous season, exports increased in 2023/24 MR: wheat - by 9% to 18.43 million tons, corn - by 0.2% to 29.41 million tons, rapeseed - by 8.7% to 3.7 million tons, sunflower oil - by 22.8% to 6.54 million tons, sunflower meal - by...