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In May, the FAO Food Price Index increased: the decline in sugar and vegetable oil prices did not offset the rise in cereal and dairy prices
10.06.2024
The FAO Food Price Index (FFPI) reached 120.4 points in May 2024, up 0.9% from April. The rise in cereal and dairy prices offset the decline in sugar and vegetable oil prices, while meat prices remained almost unchanged. Despite the third consecutive month of growth, the FFPI is still 3.4% lower than in May last year and 24.9% below its peak in March 2022. The average FAO Cereal Price Index in May was 118.7 points, 6.3% higher than in April but 8.2% lower than in May 2023. World...
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Purchase prices for grains in Ukraine on June 7, 2024
07.06.2024
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 Peas 12250 Rye grade IV 5500 Sugar beet pulp gran 155 Corn 7969 7065 ↑ 100 6319 179 ↑...
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Sunflower prices in Ukraine have reached 21,000 UAH per ton with delivery to the plant
07.06.2024
The sharp rise in export prices for sunflower oil and meal has led to an increase in purchase prices for sunflower in Ukraine by 25% over the month to a three-year record of 21,000 UAH per ton with delivery to the plant. Additionally, the rise in prices was facilitated by the fall of the hryvnia exchange rate to a record 40.5 UAH per dollar. During the week, purchase prices for sunflower increased by another 500-1000 UAH/t to 20,300-21,000 UAH/t (including VAT) or 440-460 $/t amid...
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Excessive rainfall in Europe and a lack of rainfall in the Black Sea regions remain the main weather factors affecting prices
07.06.2024
Traders' main focus remains on the weather in Russia, where dry weather persists in the southwest, reducing the potential wheat yield and causing a sharp increase in prices over the past two months. Hot and dry conditions continue to reduce the potential yields of winter wheat, corn, and sunflower in the Black Sea region, especially in the south of Russia and the southeast of Ukraine. During the week, a rain front moved from Romania to the northwestern regions of Ukraine,...
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Ukrainian farmers have completed the spring sowing campaign and started harvesting the 2024 crop
07.06.2024
According to the Ministry of Agrarian Policy, almost 13 million hectares of spring crops have been sown. In particular, 7.2 million hectares of oilseeds and almost 5.6 million hectares of cereals and legumes were sown, which as of June 9, 2023, amounted to 6.2 million hectares: corn — 3,928 thousand hectares (100.4% of the forecasted area) compared to 4.02 million hectares last year, barley — 783 thousand hectares (95.7%) compared to 810 a year ago, wheat...
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Purchase prices for grains in Ukraine on June 6, 2024
06.06.2024
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 3600 Peas 12250 Rye grade IV 5500 Sugar beet pulp gran 155 Corn 7969 ↓ 12 6965 ↓ 4 6269 176...
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Wheat prices in Ukraine reached the highest level during the war and stopped growth
06.06.2024
Export purchase prices in the Black Sea ports of Ukraine reached the highest level since pre-war times of $215-220/t or UAH 9,700-10,000/t for food wheat and $200-203/t or UAH 9,100-9,300/t for fodder wheat with delivery to the port , after which the growth was stopped. They are supported by high prices for European wheat and the results of the tender in Egypt, where GASC purchased Ukrainian wheat with a protein content of 12.5% and delivery on July 5-15 at a price of $268.8/t FOB...
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May in Ukraine has become one of the driest in the last 30 years
06.06.2024
May 2024 became one of the driest months in Ukraine in the last 30 years, and in Cherkasy Oblast - in the last 100 years, the Ukrhydrometeorological Center reported in its decadal report. During the last 5 days of May, rains fell only in some areas of the southern regions of Ukraine, but they almost did not change the situation with a shortage of soil moisture. Due to the lack of precipitation in the entire territory of the country in the third decade of May, agrometeorological...