News

A new wave of dry and hot weather has arrived in Ukraine, which will intensify the drying of soybean, corn and sunflower crops and further reduce their yield potential, especially in the central and eastern regions. After the abnormal heat in the western and northern regions, there were precipitations that reduced the stress on the plants, but in the center and southeast of the country there were no significant rains, so the plants lost their lower leaves and stopped developing.   In...

According to the forecast of the German Raiffeisen Farmers Association (DRV), grain production in the country in 2024 will decrease by 8% compared to last year to 39.1 million tons, which will be the worst indicator since 2018. Therefore, considering the grain consumption at the level of 40 million tons, the need for imports will increase.   According to the Association's estimates, wheat production in 2024 will decrease by 12.8% compared to last year to 18.76 million tons...

ASAP Agri experts, despite the long drought, raised the forecast of soybean production in Ukraine in 2024 to a record 5.7 million tons, so its export will also reach a record level. The correction of the forecast is due to the increase in the area of sowing to the historically maximum 2.63 million hectares, as reported by the State Statistics Service of Ukraine. At the same time, the MSG of the USA estimates the area under soybeans at 2.9 million hectares.   The main issue at 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, $ Wheat mill offals 3600 Mustard seeds 425 Peas 13300 13200 250 270 Rye grade III 5850 Rye grade IV 5700 ...

Global soybean, canola and canola prices continue to fall under pressure from a complex soybean balance sheet and anticipation of increased new crop supplies from the Southern Hemisphere, while large unsold stocks remain in South America.   On Friday, November soybean futures in Chicago fell another 1.2% to the lowest level since autumn 2020 at $351.6/t (-9.5% for the month).   Dry and warm weather has settled in across the Canadian Prairies following recent rains, which...

During the week, wheat futures on world exchanges fell by 1.3-4.5%, despite forecasts of a decrease in the wheat harvest in the Russian Federation and the EU (especially in France).   The SovEkon agency reduced the wheat harvest forecast in the Russian Federation by 1.8 to 82.9 million tons (92.8 million tons last year and 86.7 million tons on average over 5 years) due to a decrease in yield and sowing area. Rosstat estimates the area under wheat at 28.5 million hectares (29.8...

According to the operational data of the Ministry of Agriculture, as of August 15, 28.459 million tons of grain and leguminous crops were threshed in Ukraine from 6.713 million hectares or 61% of the area with an average yield of 4.24 tons/ha.   Currently collected: wheat - 21.68 million tons from 4.85 million hectares (100% of the planned) with a yield of 4.47 tons/ha; barley - 5.48 million tons from 1.4 million hectares (100%) with a yield of 3.92 tons/ha; peas - 458.5...

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 3600 Mustard seeds 485 Peas 13300 13200 250 270 Rye grade III 5850 Rye grade IV 5700 ...