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Purchase prices for grains in Ukraine on July 2, 2024
02.07.2024
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 3850 170 Mustard seeds 425 Peas 13200 ↑ 100 10893 255 280 Buckwheat 500 Sugar beet pulp gran ...
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A 2.1% increase in rapeseed futures in Paris will support prices in Ukraine
02.07.2024
Against the background of unfavorable weather conditions, the Strategie Grains agency lowered its forecasts for the harvest of oil crops in the EU in 2024, in particular, rapeseed - from 17.94 to 17.8 million tons, soybeans - from 3.04 to 2.99 million tons, sunflower - from 10 .72 to 10.49 million tons. In northwestern Europe, rains are continuing, delaying rapeseed harvesting, but processors still have sufficient stocks of the old crop. Vegetable oil prices are rising amid a...
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Accelerating corn harvests in Argentina and Brazil are putting pressure on quotes
02.07.2024
Corn prices in Chicago remain under pressure from increased acreage and heavy U.S. inventories, while the acceleration of harvest in South America will keep quotes from rising in the near term. According to the Buenos Aires Grain Exchange, 54.9% of corn has been harvested in Argentina, the average yield is 6.93 t/ha, and grain moisture has decreased to optimal values. The AgRural agency reports that in Brazil, against the backdrop of dry and hot weather, corn of the...
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Prices for soybean meal in Argentina fell below the Chicago exchange for the first time in two years
02.07.2024
Export prices for soybean meal in Argentina fell below Chicago-based meal futures for the first time in two years amid weak demand and arrivals of the new soybean crop. According to S&P Global Commodity Insights, Argentina is wrapping up its soybean harvest, with the FY2023/24 soybean crop expected to reach 50.5 million tonnes, nearly double the previous season's crop, which was hit by adverse weather conditions. Soybean processing will also increase by 40% to 40.5 million...
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Purchase prices for grains in Ukraine on July 1, 2024
01.07.2024
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 3850 170 Mustard seeds 425 Peas 13200 ↑ 100 10893 255 280 Buckwheat 500 Sugar beet pulp gran ...
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In May, the prices of agricultural land in Ukraine became the highest in the history of the land market - KSE
01.07.2024
According to the data of the Kyiv School of Economics (KSE), in May the prices of buying and selling agricultural land in Ukraine rose sharply and reached the maximum values for the entire time of the existence of the land market. Thus, the average cost of a hectare of land amounted to UAH 45,000, which was 8.2% higher than in April and 5.6% higher than in March of the current year. At the same time, the price of a hectare of land designated "for commercial agricultural...
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The decrease in the forecast of wheat sowing area in the USA did not prevent the quotation from falling
01.07.2024
Data from the USDA's quarterly reports on planted area and stocks of old crops in the US again diverged from analysts' estimates. US farmers, despite large stocks and low prices for corn, still increased the area under corn, reducing the area under wheat, which surprised traders. NASS USDA experts lowered their estimate of the U.S. wheat planting area by 0.258 million acres to 47.24 million acres (49.6 million acres in 2023 and 45.8 million acres in 2022) from their March...
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USDA raised corn acreage forecasts and cut soybeans and wheat, but stocks are well above last year's
01.07.2024
USDA's quarterly U.S. seeded area and old-crop stocks reports, released on the last Friday of June, usually come as a surprise to traders. This year, analysts' estimates again fell short of USDA's projections, especially for acreage. Despite high inventories and low prices, U.S. farmers increased corn acreage and decreased soybean and wheat acreage, although the market expected more acreage under high-margin crops. NASS USDA estimates that 91.475 million...