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Wheat prices in Ukraine are falling under the pressure of falling world quotations
22.08.2024
Yesterday, wheat quotations on world exchanges fell sharply against the background of a decrease in demand due to the end of harvesting, as well as an increase in the harvest forecast for the Russian Federation, which negatively affected export prices for Ukrainian wheat. September futures for wheat decreased: by 2.6% to $191/t – for soft winter SRW wheat in Chicago (-1.9% since the beginning of the week), by 1.9% to $197/t - for hard winter HRW wheat in Kansas City...
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Wheat, barley and canola yields in the UK are below the 5-year average
22.08.2024
Prolonged rain and pests are having a negative impact on wheat, winter barley and canola yields in the UK, causing problems for local farmers. The winter barley harvest is almost complete, and yields vary greatly by region, averaging just 6.3 t/ha, down 11% from the 5-year figure. In the Eastern region, the productivity exceeded the average 5-year indicator by 22%, in the South-Eastern region it corresponded to it, and in all other regions it was lower. The worst yield was recorded...
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Purchase prices for grains in Ukraine on August 21, 2024
21.08.2024
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, $ Wheat mill offals 3700 Peas 13300 13200 250 270 Rye grade III 5850 Rye grade IV 5700 Coriander 21500 ...
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Vegetable oil prices remain at record lows amid falling demand and significant supply
21.08.2024
A large harvest of soybeans, oilseed rape and palm oil and the beginning of sunflower harvesting have significantly increased the supply of vegetable oils on the world market, which allows importers to choose the cheapest offers. In addition, falling oil prices reduce demand for biodiesel, which also puts pressure on prices. Soybean oil prices fell the most, which affected neighboring vegetable oil markets. On the Chicago Stock Exchange, December soybean oil futures for the month...
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Oil prices fell another 4.2% on lower demand from China and hopes of a truce between Israel and Hamas
21.08.2024
The US administration is making every effort to reach a truce between Israel and Hamas before the presidential election, as this will boost the approval ratings of Democrats and reduce oil prices, which remain high due to possible escalation in the Middle East. On Monday, US Secretary of State Anthony Blinken met with Israeli Prime Minister Netanyahu, who confirmed that Israel accepts the US proposal for a cease-fire in Gaza and calls on Hamas to do the same. Hamas is...
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The Government of Ukraine approved the Procedure for determining minimum export prices for agricultural products
21.08.2024
On August 20, the Cabinet of Ministers of Ukraine, in accordance with part four of Article 19-2 of the Law of Ukraine "On Foreign Economic Activity", approved the Procedure for approving the minimum allowable export prices for certain types of goods, including agricultural products. Taras Melnychuk, the representative of the government in the Verkhovna Rada, announced this in his Telegram channel. It is assumed that the Ministry of Agrarian Policy will determine the level...
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Purchase prices for grains in Ukraine on August 20, 2024
20.08.2024
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, $ Wheat mill offals 3700 Mustard seeds 425 Peas 13300 13200 250 270 Rye grade III 5850 Rye grade IV 5700 ...
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Sunflower prices in Ukraine remain stable, despite forecasts of reduced production
20.08.2024
Dry and hot weather in Ukraine will accelerate the start of sunflower harvesting in the southeastern and central regions, but two waves of abnormal heat have significantly impaired the harvest potential. The first threshings in the south and east of the country show a low yield and oil content of sunflower, so there were fears that crop losses would reach 25-30% of the forecast, but processors have not yet reacted to this by raising prices. New harvest sunflowers are...
