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World wheat prices are recovering after falling, but in Ukraine they continue to fall
07.08.2024
Purchase prices for wheat in Ukraine continue to fall against the background of reduced export demand and increased competition from the Russian Federation and other Black Sea countries, although world quotations, after falling to a 3-year low, are gradually recovering, and during the week they increased by 1.4-3.4% on forecasts of a decrease in harvest in the EU. In Ukraine, on August 2, 19.441 million tons of wheat were harvested from 4.466 million hectares with a yield of 4.35...
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Purchase prices for grains in Ukraine on August 6, 2024
06.08.2024
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 3550 Mustard seeds 488 Peas 13300 13297 250 270 Buckwheat 9500 Rye grade IV 5300 5500 ...
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Palm oil futures in Malaysia fell more than 3% yesterday
06.08.2024
October palm oil futures on Bursa Malaysia fell another 3.29% to a 6-month low of 3,788 ringgit/t, or $857.01/t yesterday, after last week's decline of 0.63%, amid a strengthening exchange rate ringgit and falling crude oil prices. The decline was exacerbated by yesterday's collapse of global stock markets, which negatively affected commodity prices. Traders believe that lower crude oil prices, caused by a possible recession in the US, could reduce demand for palm oil,...
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Speculative drop in rapeseed prices in Paris reached 4%
06.08.2024
Friday's 3.7% drop in oil prices and a "black Monday" in global stock markets led to speculative declines in canola quotes on the Paris stock exchange, despite steady US canola and soybean prices. November rapeseed futures on the Paris exchange fell 4% yesterday to the lowest level since the end of April at €458.75/t or $497/t (-13.4% on the month), although they reached a record 514 a month ago. 5 €/t against the background of the deterioration of the...
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Revaluation of the assets of AI-related companies collapsed the global stock market by $6.4 trillion
06.08.2024
The slowdown in the development of the US economy and the overvalued assets of AI-related companies led to the collapse of global stock exchanges. On Friday, stock indices in the US fell by 1.5-2.4%, although the economic data were not too negative. But Asian stocks started Monday with a sharp drop that shocked traders. So, the Nikkei index in Tokyo fell by 12.4%, and the Kospi index in Seoul - by 9%, so immediately after the opening of the stock exchange in New York, the Nasdaq...
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Purchase prices for grains in Ukraine on August 5, 2024
05.08.2024
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 3550 Mustard seeds 488 Peas 13300 13297 ↑ 133 250 263 Buckwheat 9500 Rye grade IV 5300 ...
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Active export of rapeseed from Ukraine supports purchase prices at a high level
05.08.2024
Global quotations for rapeseed fell slightly last week, but in Ukraine, purchase prices remained at a high level thanks to active exports and purchases by traders. Friday's drop in oil prices by 3.7% has not yet affected the rapeseed market, but the pressure on quotations will intensify in the coming days. During the week, rapeseed purchase prices in Ukraine rose to UAH 22,700-23,000/t, or $475-485/t delivered to Black Sea ports, as farmers almost stopped selling after the...
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World food prices fell again in July - FAO
05.08.2024
In July, the average Food Price Index of the UN FAO decreased to 120.8 p, which is 3.1% lower than the July 2023 indicator and 24.7% lower than the peak level of March 2022, when it reached 160.3 p, - reported FAO press office. Increases in the price indices for oil, meat products and sugar were offset by a decrease in the grain price index, while the dairy product price index was almost unchanged. Thus, the average value of the Grain Price Index decreased (for the second month in...
