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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...
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The growth of corn prices in Ukraine has stopped against the background of a drop in world quotations
06.06.2024
The completion of planting in the US and the improvement in the condition of corn crops in the US and Ukraine increased the pressure on global quotations. This halted price growth in Ukraine, which continues to be supported by a gradual increase in feed wheat export prices. According to NASS data, as of June 2 in the US, 91% of the planned area was planted with corn (95% last year, 89% on average over 5 years), and 75% of crops are in good or excellent condition (64% last...
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Purchase prices for grains in Ukraine on June 5, 2024
05.06.2024
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 7857 6969 6269 ↑ 98 175 190...
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India's increase in sunflower oil imports by 74% in May led to an increase in prices in Ukraine
05.06.2024
In May, compared to April, India increased the import of edible oils by 15% to 1.5 million tons, in particular, palm oil - by 12.4% to a 4-month maximum of 769,000 tons thanks to a decrease in its prices, and sunflower oil - by 74% to 408 thousand tons, as several vessels were already unloaded in May as a result of port congestion in April. At the same time, the import of soybean oil decreased by 16.5% to 322,000 tons. According to dealers, the price of imported crude palm oil...