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High harvesting rates and good wheat yields in the US increase the pressure on stock quotes, especially against the background of higher wheat harvest forecasts for Canada and the Russian Federation.   According to the Wheat Quality Council's crop tour, which ended on July 25, in North Dakota, the average yield of all wheat varieties will reach 3.62 t/ha (3.17 t/ha in 2023), and the average yield of hard red HRS wheat will make a record 3.66 t/ha (3.19 t/ha last...

After a 3,500-kilometer tour of the Canadian prairies, MarketsFarm analysts rated the outlook for the grain harvest as stunning.   "If the harvest is successful, then the country can get a record harvest, because now the condition of spring and, especially, durum wheat crops is much better than last year," experts believe.   According to their estimates, the yield of durum wheat will exceed last year by 18 bushels/acre or 1.2 t/ha and reach 44 bushels/acre or...

Rape futures in Paris continued to fall on Friday under pressure from increased new crop supplies and lower canola prices, not reacting to lower crop forecasts and increased EU imports.   The European Commission reduced the forecast of rapeseed production in the EU in 2024/25 by 0.5 to 18.3 million tons (which will be 6% less than in 2023), and rapeseed processing - by 0.18 to 23.2 million tons , but increased the forecast of rapeseed imports by 0.27 to 5.9 million...

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 30000 Wheat mill offals 3250 ↑ 250 165 Mustard seeds 503 Peas 13580 ↓ 20 12350 ↑ 1121 250 263 Buckwheat 8500 ...

A sharp fall in August canola futures on the Paris Stock Exchange surprised traders as the canola harvest is not yet complete and rains in France and Germany are delaying the harvest and causing losses and reduced crop quality.   Over the last three sessions, August rapeseed futures in Paris fell by 4.5% to €472.5/t or $513/t (+2.1% for the month), and November - by only 1.6% to €493.5/t or $536/t (+5.3% for the month). This indicates a high level of demand, and the fall in...

Weather conditions in the US and in Europe are generally favorable for the formation of a crop, which restrains the growth of stock market quotations. At the same time, dry weather in the southeast of Ukraine and the southwest of the Russian Federation reduces the yield potential of soybeans, sunflowers, and corn.   The Midwest and U.S. Plains received heavy rain this week, which is good for spring wheat, soybeans and corn. Temperatures will be above average next week, with more...

Prices for urea (the main nitrogen group fertilizer) have started to fall after several weeks of growth. From the end of April to the middle of June, they increased by 26% to $313/t and continued to rise slowly. But during July 11-18, quotations on FOB Baltic fell by 2% to $323/t against the background of reduced demand and significant reserves in some countries, as well as following gas prices.   According to the MMI agency, the urea market remains stable, but in some countries...

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 30000 Wheat mill offals 3000 165 Mustard seeds 503 Peas 13580 ↓ 20 11229 250 263 Buckwheat 8500 ...