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Purchase prices for grains in Ukraine on August 12, 2024
12.08.2024
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 3600 Mustard seeds 485 Peas 13300 13300 ↓ 208 250 270 Buckwheat 10500 Rye grade III 5850 ...
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Algeria purchased 630,000 tons of Black Sea wheat at the tender
12.08.2024
The Algerian state agency OAIC bought about 630,000 tons of flour wheat at a tender last week at a price of $250.5-252/t C&F, Reuters reports with reference to traders from the EU. According to the terms of the tender, shipments of wheat from the main supply regions, including Europe, will take place in October, and from South America or Australia - in September. Algeria does not disclose the details of the tender, so the final data on volumes and prices may...
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Ukraine harvested 21 million tons and exported 2.2 million tons of grain
12.08.2024
According to the Ministry of Agriculture, as of August 8, 27.322 million tons of grain and leguminous crops were harvested in Ukraine from 6.521 million hectares or 59% of the area with an average yield of 4.19 tons/ha. Collected by culture: wheat - 20.94 million tons from 4.73 million hectares (97% of the plan) with a yield of 4.42 tons/year, barley - 5.2 million tons from 1.37 million hectares (98%) with a yield of 3.81 tons/ha, peas - 457.7 thousand tons from 207.6...
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Analysts believe that the European Commission has not sufficiently reduced the forecasts of the rape harvest in the EU
12.08.2024
The European Commission has significantly lowered its forecasts for the EU rape crop, but some market participants believe that estimates should be even lower, especially for Germany. Rapeseed harvesting in the EU is underway, and in some regions already completed, with yield data confirming pre-harvest estimates. Unfavorable weather conditions during the growing season and the activity of pests in the larger territory of the EU had a negative effect on the formation of the...
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Purchase prices for grains in Ukraine on August 9, 2024
09.08.2024
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 3600 Mustard seeds 485 Peas 13300 13492 ↑ 195 250 270 Buckwheat 10500 ↑ 1000 Rye grade III 5850 ...
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Analysts reduce forecasts of the corn harvest in the EU and Ukraine, which leads to an increase in purchase prices
09.08.2024
Dry weather in the Black Sea region reduces the potential for corn harvest this season, so analysts are adjusting production forecasts for the EU and Ukraine. The European Commission reduced the forecast of the corn harvest in the EU in 2024/25 MR by 11% to 60 million tons (which will exceed the 5-year average by 2%), in particular for Romania – by 1.1 to 9.5 million tons (-10% in comparison with 2023/24 MY), Bulgaria – by 0.4 to 2.6 (+8%) million tons. The...
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Indonesia plans to increase the biofuel mandate to B50
09.08.2024
Indonesia is conducting tests to increase the proportion of biofuel produced from palm oil from 35% to 50%, which worries local exporters. Indonesia, which is the world's largest producer of palm oil, has the world's highest mandate for biofuel blend - B35. The outgoing government of President Joko Widodo plans to increase the mandate to B40 next year. The next president, Prabowo Subianto, promises to increase the mandate to B50, which will reduce oil...
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Favorable weather persists in the USA and Canada, while the Black Sea region suffers from a lack of precipitation
09.08.2024
The U.S. Corn Belt continues to have good corn and soybean planting weather with occasional rain and normal temperatures. Winter wheat is almost harvested. Dry weather next week will speed up the harvesting of spring wheat, and the weekend cyclone will bring favorable rains for crops. Ahead of the August USDA report, experts are raising soybean and corn yield estimates thanks to favorable weather conditions. On the Canadian Prairies, after July's heat and drought,...
