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Overview of world grain trade
25.10.2024
Recently, grain markets have been affected not only by extreme weather conditions (from drought to floods), but also by geopolitical factors - the conflict in the Middle East and the war in Ukraine. According to the UN FAO , in September the grain price index increased by 3% compared to August, but was 10.2% lower than in September 2023. After a 3-month decline, world wheat prices rose in September against the background of unfavorable weather in the main exporting countries,...
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Purchase prices for grains in Ukraine on October 25, 2024
25.10.2024
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 24000 Wheat mill offals 5000 150 Mustard seeds 25000 Peas 13000 13125 5900 Coriander 21500 Corn...
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Demand for Ukrainian corn decreases as buyers prefer cheaper American corn
25.10.2024
The sharp rise in prices for Ukrainian corn, caused by the reduction in production, significantly increased the demand for cheap American corn. According to the USDA, export sales of corn from the United States for October 10-17 increased to 3.6 million tons, which was 62% higher than the average of the previous 4 weeks. And in general, in 2024/25 MR, the export of corn reached 17.5 million tons with a forecast of 59 million tons (compared with 13 million tons for the same period...
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Precipitation in South America and the USA, as well as dry weather in Ukraine and the Russian Federation will affect grain markets next week
25.10.2024
Increased rains in central Brazil and Argentina are helping to accelerate soybean and corn plantings, reducing speculative prices, while warm, dry weather in the US is helping to harvest late crops and plant winter wheat ahead of forecast rain. In the east of Ukraine and the south-west of the Russian Federation, dry weather has a negative effect on the sowing of winter crops, but no rain is expected there in the next 10-14 days. According to the data of the...
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Purchase prices for grains in Ukraine on October 24, 2024
24.10.2024
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 24000 Wheat mill offals 5000 150 Mustard seeds 25000 Peas 13000 13125 5900 Coriander 21500 Corn...
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Kazakhstan harvested a record crop of grain, of which it plans to export approximately 12 million tons
24.10.2024
A record 26.5 million tons of grain were threshed in Kazakhstan this year (compared to 17.1 million tons last year), of which 12 million tons of grain and 1 million tons of oil crops can be exported, the country's authorities announced after summarizing the results of harvesting. The MSG of the country attributed the high harvest to favorable weather conditions, the use of high-quality seeds and mineral fertilizers. According to forecasts, Kazakhstan can export...
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The rise in palm oil prices to a 27-month high is supporting the prices of other vegetable oils
24.10.2024
Forecasts of a cut in production caused palm oil prices to rise to a 2-year high, supporting sunflower and soybean oil prices. December palm oil futures on Bursa Malaysia rose another 2.2% yesterday to a 27-month high of 4,486 ringgit/t or $1,032/t (+5.4% from the start of the week) on forecasts of a cut in production in Malaysia and Indonesia, the expected increase in exports in October - November, and the increase in domestic consumption in Indonesia, where from January 1, 2025,...
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The Cabinet of Ministers of Ukraine has changed the procedure for determining critical enterprises
24.10.2024
By a resolution adopted on October 22, the Cabinet of Ministers of Ukraine changed the procedure for checking enterprises for compliance with critically important criteria. Now, the body that has recognized the enterprise, institution or organization as critical can, if necessary, conduct a check of compliance with the criteria, based on the results of which make a decision on compliance or non-compliance with critical status. Currently, the effect of certain...
