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Rains in Brazil increase pressure on global soybean prices, which lowers export prices and demand in Ukraine. However, processors are gradually raising purchase prices and increasing soybean processing plans amid a shrinking sunflower crop.   During the week, export purchase prices for soybeans with GMOs decreased in Black Sea ports by 300-500 UAH/t to 17,700-18,000 UAH/t or $380-385/t, while processors increased prices by 300-500 UAH/t to 18,000 - UAH 18,500/t with delivery to the...

On October 15, the State Agency of Egypt GASC held an international tender for the purchase of 30,000 tons of soybean oil and 10,000 tons of sunflower oil for delivery on January 1-15, 2025. The tender was financed by the International Islamic Trade Finance Corporation.   Compared to the September tender, the prices of the offers rose sharply due to the increase in the price of sunflower oil in Ukraine and the Russian Federation against the background of the reduction of the...

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 25000 22500 Wheat mill offals 4700 150 Mustard seeds 25000 Peas 13000 13125 5900 Rye grade IV 6400 ...

In the October report, USDA experts left the forecast for the world production of vegetable oils in FY 2024/25 at the level of 227.12 million tons (222.42 million tons in FY 2023/24, 216.8 million tons in FY 2022/23 and 208.62 million t in 2021/22 MR), as a slight reduction in palm oil production is compensated by an increase in sunflower and rapeseed oil production.   However, as a result of the balance adjustment for the 2023/24 MY, palm oil stocks were reduced by 1.5 million tons,...

According to the Indian Solvent Producers Association (SEA), in September against the backdrop of high prices, India reduced imports of vegetable oils by more than 30% to 1.1 million tons compared to August, in particular palm oil by more than 33% to a 6-month low of 527,314 thousand tons, sunflower - by 46.2% to a 10-month low of 152,803 thousand tons, and soybean - by 15.4% to 384,382 thousand tons.   SEA experts attribute the reduction in palm oil imports to significant own...

Purchase prices for wheat in Ukraine have risen sharply against the background of active exports and limited supply, and are not yet affected by the decline in world quotations.   During the week, export purchase prices increased by another $5-6/t to $210-215/t or UAH 9,700-10,000/t for food and to $200-205/t or UAH 9,400-9,550/t for feed wheat with delivery to the Black Sea ports.   In 2024/25, Ukraine exported 6.9 million tons of wheat (3.9 million tons in the same...

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 25000 22500 Wheat mill offals 4700 150 ↓ 10 Mustard seeds 25000 Peas 13000 13125 5900 Rye grade IV 6400 ...

Analysts of Strategie Grains increased the forecast of the corn harvest in the EU in 2024/25 MR by 0.2 to 58.1 million tons compared to previous estimates, which will still be inferior to last year's 62.9 million tons.   While Romania's harvest is expected to be lower than usual due to a prolonged drought, heavy rains in France (which made the wheat harvest the worst in 40 years) have boosted the development of maize crops, although they have delayed the...