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The robust export demand for Ukrainian corn in April and May facilitated the export of about 7 million tons of corn over the past two months. As of June 19, Ukraine has exported 28.19 million tons of corn since the beginning of the 2023/24 marketing year (compared to 28.18 million tons on this date last year) with a USDA forecast of 26 million tons.   Purchase prices for corn have continued to decline over the past week (due to the closure of export programs by major traders) to...

The Ministry of Agrarian Policy of Ukraine plans to implement a mechanism for minimum export prices on various agricultural products, including grain, oilseeds, and sunflower oil. During an online meeting of the Trend&Hedge Club on June 19, a representative from the ministry, Mykhailo Sokolov, explained how the minimum price will be calculated and its potential impact on the market.   According to Sokolov, the calculation of the minimum price will be based on official customs...

The reduction in barley production forecasts in major exporting countries has slightly increased demand for barley in Ukraine. However, there is currently no hope for a significant boost in barley exports in the new season.   Purchase prices for feed barley with delivery to Black Sea ports have not received strong support from the speculative price increases for feed wheat and corn, which rose to $200 and $185 per ton respectively in May. However, barley prices have increased from...

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, $ DAF, $ CIF, $ Wheat mill offals 3850 Peas 12250 Buckwheat 500 Sugar beet pulp gran 155 Corn 8057 ↑ 19 6981 6238 173 150 164 ↓ 4 Flax ...

In its June forecast, Strategie Grains lowered the 2024/25 marketing year soft wheat harvest estimate for the European Union by 1.7 million tons to 121.8 million tons, marking a four-year low due to lower yields at the start of the harvest. The wheat and barley harvest began this month in southern Europe, and so far, yield indicators have been mixed, reports Strategie Grains.   The forecast for the EU soft wheat harvest is 3.6% lower than last year’s volume and will be the...

According to data from the European Commission, from the beginning of the 2023/24 marketing year until June 11, EU countries exported only 42.6 million tons of grain, which is 4% less compared to the same period of the previous season. Imports amounted to 31.5 million tons of grain, which is 19% less than in the same period last season, due to a sharp reduction in corn imports.   During this period, EU soft wheat exports totaled 28.76 million tons, which is 5% less than last year....

On June 18, President Volodymyr Zelensky signed laws No. 10168-2 and No. 10169-2 aimed at combating "black" grain and the non-return of foreign exchange earnings, as reported on the parliament's website.   Law No. 10168-2 entails the abolition of the export security regime for foreign economic operations involving the export of goods and the introduction of restrictions on such operations: - Offsetting counterclaims. - Using resident accounts opened abroad to...

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, $ DAF, $ CIF, $ Wheat mill offals 3850 Peas 12250 Buckwheat 500 Sugar beet pulp gran 155 Corn 8050 6981 6238 174 150 ↓ 6 179 ↓ 2 Flax ...