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Last week, export demand prices for fodder barley in Black Sea ports rose to UAH 8,000-8,100/t or $170-172/t, which corresponds to the price level at the beginning of the season. However, they remain $15-20/t lower than feed wheat and corn prices.   In September, China sharply reduced its purchases of barley to support local producers, which immediately reduced the pace of Ukrainian barley exports.   In FY 2024/25 (as of September 25), Ukraine exported 1.245 million tons...

The Unión de Uniones organization, which protects the interests of Spanish farmers, will hold a rally in the port of Santander on September 25 with the demand to strengthen control over the ever-growing import of products from Ukraine, which leads to a decrease in domestic grain prices. A similar rally was held on September 23 in Madrid near the European Union building.   In 2023, Spain imported 8.4 million tons of Ukrainian grain, and in the first half of 2024 - almost 6.5...

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 20000 Wheat mill offals 4000 145 170 Mustard seeds 24250 Peas 13000 12800 7150 Buckwheat 9000 Rye...

China's central bank on Tuesday announced that it will take measures to lower borrowing costs, inject more liquidity into the economy, and ease mortgage payments for households.   Governor of the People's Bank of China, Pan Gongsheng, stated that the central bank will soon reduce the amount of cash that banks must hold as reserves—the so-called reserve requirement ratio (RRR)—by 0.5%, which will inject about 1 trillion yuan ($141.7 billion) of "long-term...

The active growth of European rapeseed quotations by 3.6% since the beginning of the week is supporting export prices for rapeseed in Ukraine, even though they were already at the highest levels compared to spot purchase prices of European processors.   Export purchase prices for rapeseed in Ukraine have risen by 100-200 UAH/t since the beginning of the week to 23,200-23,400 UAH/t or $490-495/t delivered to Black Sea ports. However, due to a lack of competition, prices are not...

The Ministry of Agriculture of Russia will receive final assessments of the expected grain harvest from the regions by the end of this week to adjust the harvest forecast for 2024.   Due to challenging weather conditions, there is a lag in work progress in the Urals, Siberia, and the Volga region. Because of significant rainfall in September, the grain harvest has been completed on only 50-60% of the areas, and in the Volga, Ural, and Siberian Federal Districts, 8 million hectares of...

As of September 23, Ukrainian farmers have sown 944.5 thousand hectares of winter grain crops, which is 18% of the planned area of 5.188 million hectares. This was reported by the Ministry of Agrarian Policy and Food, citing operational data from the sowing campaign.   For comparison, as of September 25 last year, 1.141 million hectares of winter grains had been sown, which constituted 22.2% of the planned volume.   Specifically, as of September 23 this year, the following...

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 20000 Wheat mill offals 4000 145 Mustard seeds 24250 Peas 13000 12800 7150 Buckwheat 9000 Rye...