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Despite abnormal heat in Ukraine and southeastern Europe, which may reduce the yield of spring wheat, wheat prices fell on data from the USDA report and forecasts of an increase in production forecasts in the Russian Federation by local agencies.   The IKAR company increased the forecast of the wheat harvest in the Russian Federation by 1.2 to 83.2 million tons, although MSG left its forecast at the level of 86 million tons compared to 92 million tons last year.   Wheat...

Last week, the interbank exchange rate of the dollar rose to UAH 41/$, so experts expected it to decrease somewhat this week. However, yesterday the dollar continued to appreciate and reached a record 41.14-41.19 UAH/$.   On July 16, the National Bank set the official exchange rate of the dollar at UAH 41.0107/$, and the euro at UAH 44.7263/€.   The driver of growth is the strengthening of problems in the country's economy, caused by a shortage of electricity...

In 2023/24 MR, the export of rapeseed oil from Ukraine reached a record 422,000 tons, reports the Ukroliyaprom association.   Ukraine supplies rapeseed oil to the markets of the EU, China, Singapore, Malaysia and other countries. At the same time, the export of rapeseed meal is increasing.   We will remind that the position of the association is the need to create conditions for increasing the processing of soybeans and rape within the country and the export of products...

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 ↑ 10 Mustard seeds 425 Peas 13175 ↑ 108 12475 12500 263 280 Buckwheat ...

Oilseeds balance sheets for FY 2024/25 are unchanged in July's USDA WASDE Supply and Demand Report, as lower global sunflower production will be offset by higher canola yields, leaving oilseed prices largely unchanged.   USDA experts left the soybean crop forecast in Brazil in 2023/24 at the level of 153 (162) million tons, while the local agency Conab estimates it at 147.3 million tons. For Argentina, the crop forecast was lowered by 0.5 to 49.5 ( 25) million tons based on the...

In July's supply and demand balance sheet, USDA experts slightly lowered their 2023/24 FY corn production forecast (although for Brazil, estimates remained unchanged and exceeded local analysts' forecasts), which led to a decrease in ending stocks and offset the increase in production in the new season, so there was not much impact on prices   For 2023/24 MR, the forecast of world corn production was reduced by 2.65 to 1225.4 million tons, in particular for Argentina –...

After USDA experts reduced the forecast of world wheat production in June by 7.44 million tons, in July the estimate was increased by 5.44 million tons, after which wheat quotations fell by 1.5-3%, losing 5.5-14 for the month. 7%. In addition, the forecast for wheat exports from the Russian Federation in 2023/24 was increased by 1.5 to 55.5 million tons.   Compared to the June estimates, the world wheat balance for the 2024/25 MR has undergone 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 30000 Wheat mill offals 3250 160 Mustard seeds 425 Peas 13150 ↑ 117 10604 263 280 Buckwheat 500 ...