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According to IGC experts, in 2023 the global production of biodiesel, including hydrotreated vegetable oil (HVO), increased by 11% compared to 2022 to 71.5 million tons. This was facilitated by the increase in production in North and South America and in Asia. It is expected that in 2024, world production will grow by another 7% and reach a record 76.3 million tons.   In recent years, the USA, Brazil and Indonesia have significantly increased biodiesel production. If 10 years ago...

The mass harvesting of rapeseed in Ukraine has not yet started, but traders who have contracted significant volumes of rapeseed are actively raising purchase prices at the ports in order to accumulate the maximum lots, as the decrease in the harvest in the new season will significantly increase competition with processors.   During the week, export purchase prices for rapeseed in the Black Sea ports increased by $15-20/t to $430-450/t or UAH 19,000-20,400/t, which corresponds to the...

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 142 Mustard seeds 111 Peas 13100 12150 280 Buckwheat 500 Sugar beet pulp gran 155 ...

Active wheat harvesting in the USA and data on good winter wheat yields in the Black Sea countries, where harvesting has also begun, increase the pressure on quotations.   Rains in Australia, Argentina, Ukraine and the Russian Federation improved prospects for the wheat harvest, as a result of which stock exchange wheat quotes fell to a 2-month low, which offset the speculative price increase caused by forecasts of a reduced harvest in the Russian Federation. Yesterday, exchange...

In the June report, the experts of the MARS agency reduced the yield forecasts of almost all agricultural crops for the EU, although they still remain at the level of the average 5-year indicators.   Yield estimates have been reduced due to excessive rainfall in the Benelux countries, western Germany, northeastern France and northern Italy, which has adversely affected plant development.   In Bulgaria, the harvest prospects are good, as the amount of precipitation was...

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 142 Mustard seeds 111 Peas 12367 280 Buckwheat 500 Sugar beet pulp gran 155 Corn...

As the rapeseed harvest begins in Europe and the expectation of increased availability of new crop rapeseed oil grows, the demand from European biodiesel producers, who actively bought soybean and sunflower oils from Ukraine in May, has started to decline, leading to a reduction in prices.   Over the past week, the asking prices for soybean and sunflower oils from Ukraine decreased by $20-30 per ton to $900-920 per ton with delivery to Poland and Bulgaria, which is also linked to the...

According to operational data from the State Customs Service, as of June 21, from the beginning of the 2023/24 marketing year (MY), Ukraine has exported 49.54 million tons of grains and legumes, of which 2.608 million tons were shipped in June, reported the press service of the Ministry of Agrarian Policy of Ukraine.   It is noted that as of June 26 last year, the total shipment volume was 48.424 million tons, of which 3.087 million tons were shipped in June.   In terms of...