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India continued to increase imports of palm and sunflower oil in June, but the pace of deliveries is lower than last year
12.07.2024
In June, compared to the previous month, India increased imports of palm oil from 763 to 786 thousand tons and sunflower oil from 410 to 465 thousand tons, while soybean imports decreased from 324 to 275 thousand tons. At the same time, the total volume of palm oil imported in 2023/24 MR (from November to June) decreased compared to the previous season by 4.4% to 5.76 million tons, sunflower oil – by 33% to 2.46 million tons, and soybean oil - by 25% to 1.86 million tons, -...
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The increase in global rapeseed exports by 40% in April-May led to an increase in prices
12.07.2024
According to Oil World, in April - May of this year, the global export of rapeseed and canola increased by 40% to 2.92 million tons compared to the same period in 2023, in particular from Canada - from 1.24 to 1.39 million tons, Australia - from 0.85 to 1.32 million tons and Ukraine - from 29 to 206 thousand tons. At the same time, China increased its import of rapeseed from 0.91 to 1.07 million tons, and EU countries - from 0.23 to 0.87 million tons. In general, in...
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Rural Bank has raised its wheat and canola export forecasts for Australia
12.07.2024
In 2023/24, Australia will export 20 million tons of wheat, 7.6 million tons of barley, and 5.8 million tons of canola, Grain Cental reports. Rural Bank experts believe that the high pace of shipments may complicate the situation in the event of unforeseen events in the second half of 2024. And rising prices and concerns about the Russian harvest allowed sales to intensify. According to experts' forecasts, the export of wheat from the countries of Western Europe...
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Strong heat in Ukraine and the Russian Federation will negatively affect the development of crops and support prices
12.07.2024
Next week, heat over 35 o C will prevail in Ukraine and the south-west of the Russian Federation, which will negatively affect the development of crops. During the next 8 days, temperatures in Ukraine will reach 35-42 o C, it will be especially hot in the south and east. The eastern wind will be moderate, but storm gusts up to 15-20 m/s are possible in the Crimea and the Azov region. Significant precipitation is not expected, but minor rains are possible in Volyn. A powerful...
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Purchase prices for grains in Ukraine on July 11, 2024
11.07.2024
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 3750 160 Mustard seeds 425 Peas 13000 ↑ 150 10604 263 280 Buckwheat 500 ...
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In 2023/24, EU countries significantly reduced imports of rapeseed, sunflower and corn
11.07.2024
The European Commission published the final data on the import and export of products in the 2023/24 FY, according to which the EU countries significantly reduced the import of rapeseed, sunflower and corn, but increased the import of sunflower oil. According to ATREA BROKERS, compared to the previous season, imports to the EU in 2023/24 MR: sunflower - decreased by 65% from 2.2 million tons to 767 thousand tons (of which 423 thousand tons were delivered from Moldova, 226...
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In 2023/24, Ukraine exported 57.5 million tons of grain and oil crops
11.07.2024
In the FY 2023/24, which ended on June 30, Ukraine exported 57.5 million tons of grain and oil crops. The total harvest, according to UZA estimates, amounted to 82.8 million tons, and transitional reserves are estimated at 7 million tons. The main event for Ukrainian exports in 2023 was the opening of the Ukrainian Humanitarian Corridor, which made it possible to export products from the deep-sea ports of Odesa by sea. The second most important factor was the introduction, in...
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According to the forecast of the Ministry of Agriculture, the yield of winter wheat and barley will be 5-7% lower than last year
11.07.2024
"Thanks to the warm weather, the harvest in Ukraine began 2 weeks earlier than usual, and so far farmers have already collected more than 4 million tons of winter wheat, barley, rapeseed and peas," said Acting Director Minister of Agricultural Policy T. Vysotskyi. Despite constant shelling from the Russian side, harvesting is very intensive, which allows us to hope for a good harvest at the level of 56 million tons. More than 10% of the total gross harvest...