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Purchase prices for grains in Ukraine on July 19, 2024
19.07.2024
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, $ Vetch 30000 Wheat mill offals 3000 ↑ 970 168 Mustard seeds 503 Peas 13175 ↑ 108 11129 ↑ 249 12500 263 280 Buckwheat ...
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Abnormal heat in the Black Sea region and forecasts of heat in Canada remain the main factors supporting prices
19.07.2024
The cyclone, moving from the north to the south of Europe, brought rains to Romania, Bulgaria and Moldova, as well as to the north and the center of Ukraine, which reduced temperatures from 38-40 o C to 28-35 o C and stressed soybean and corn crops and sunflower. But in places where there has been no rain, the corn continues to dry and farmers harvest it for silage because the cob has not formed. In the east of Ukraine and the south-west of the Russian Federation, dry and hot...
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The Egyptian GASC purchased sunflower oil at a tender at a lower price than in June
19.07.2024
On July 18, the Egyptian GASC held international and local tenders for the purchase of 40,000 tons of vegetable oils, including 30,000 tons of soybean oil and 10,000 tons of sunflower oil with delivery from September 1-30, 2024 and immediate payment. Compared to the previous tender (June 13), the number of submitted offers for the supply of sunflower oil decreased from 17 to 10, and the offer prices fell from $1085-1163 to $1054-1163/t C&F. At the same time, Russian sellers...
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IGC experts have raised forecasts for world production of wheat and corn in 2024/25 MR
19.07.2024
In the report of the International Grains Council (IGC), released on July 18, forecasts of world wheat and corn production for 2024/25 were raised. Thus, compared to June estimates, the forecast for grain production, including wheat and feed grain, was increased by 8 million tons to a record 2.321 billion tons, which will exceed the previous season's figure by 1%. This was made possible by improved prospects for wheat harvests in North America, Pakistan and Kazakhstan, as well...
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In Ukrainian ports, panamax freight rates have decreased, and handysize and koster rates have increased
19.07.2024
According to the company Spike Brokers, during the week the freight rates of panamax vessels in Ukrainian ports decreased by $2/t, and those of handysizes and lighters increased by $1/t, while barge freight rates remained unchanged. As of July 17, rates for transportation by river transport were: Izmail - Constanta (Romania) (1-3 thousand tons) - 12 €/t; Izmail - Ruse/Silistra (Bulgaria) (1-3 thousand tons) - 19 €/t; Ishmael - Israel (5-7 thousand tons) -...
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Purchase prices for grains in Ukraine on July 18, 2024
18.07.2024
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, $ Vetch 30000 Wheat mill offals 3000 170 Mustard seeds 425 Peas 13175 ↑ 108 10880 12500 263 280 Rye 4750 ...
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Exchange prices for corn have not yet reacted to the decrease in the harvest forecast in Ukraine
18.07.2024
Strong heat and lack of rain have a negative impact on corn crops, which are in the critical phase of flowering and crop formation, so market participants are lowering production forecasts. Analysts of the PUSK agricultural cooperative at the All-Ukrainian Agrarian Council allow a repeat of the situation in 2020, when the sunflower and corn harvests decreased by 35% due to the drought. Yesterday, the long-awaited rains passed in the northern regions of Ukraine, which...
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The farmers' association sharply lowered the harvest forecasts for Germany
18.07.2024
Against the background of prolonged adverse weather conditions, the Association of Farmer Cooperatives in Germany has significantly lowered its forecast for the 2024 harvest, Reuters reports. In some regions, the harvest has started very early, but incessant rains are delaying work and reducing harvest potential, while dry and sunny weather is needed to produce good quality grain. According to the association's forecast, in 2024 the harvest of the main crops will...