-
In FY 2024/25, India will reduce its dependence on Ukrainian sunflower oil
01.08.2024
In 2024/25, India plans to reduce the import of sunflower oil from Ukraine and increase supplies from other countries, - said Anilkumar Bagani, head of the commodity research department of Sunvin Group India, during an online presentation at the Trend & Hedge Club. According to the company's forecasts, in 2024/25, compared to the previous season, India will reduce the import of sunflower oil from 3.5 to 3.4 million tons, but will increase the import of crude palm oil from...
-
Ukraine can reduce grain exports by 16 million tons in the 2024/25 financial year - UZA believes
01.08.2024
Experts of the Ukrainian Grain Association (UZA) lowered the forecast for the harvest of grain and oil crops in Ukraine in 2024 by another 2.8 million tons to 71.8 million tons, the press service of the association reports. The correction of the forecast is caused by hot and dry weather in July, which negatively affected the yield of late crops. Against the background of a decrease in the harvest forecast, the estimate of the export of grain and oil crops in 2024/25...
-
Purchase prices for grains in Ukraine on July 31, 2024
31.07.2024
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, $ Vetch 30000 Wheat mill offals 3250 165 Mustard seeds 503 Peas 13625 12692 250 263 Buckwheat 8500 Rye ...
-
Falling soybean oil prices are putting pressure on other vegetable oil markets
31.07.2024
Increasing supplies of soybeans, soybean oil and meal from South America and improved US soybean crop forecasts due to favorable weather are putting pressure on global soybean and soybean oil prices. In China, as a result of the active import of soybeans, the prices of soybean meal fell by almost 8% in a month, which reduced the demand for oilseeds. Falling soybean oil prices are putting pressure on other vegetable oil markets. Palm and sunflower oil prices are still flat, while...
-
The decline in soybean meal prices in China increases the pressure on global quotations
31.07.2024
According to SunSirs Commodity Market Analysis System, in July, the average market price of soybean meal in China decreased by 7.69% from 3,302 to 3,048 yuan/t. Soybean import volumes continued to rise in July, while the supply of soybean meal was volatile, increasing pressure on inventories. In addition, forecasts of a good soybean harvest in the US led to a sharp decline in soybean meal prices in the first half of July by 6.12%. Soybean meal prices rose 2% in the middle of the...
-
The European Commission and Strategie Grains have lowered their forecasts for the harvest of wheat, corn, rapeseed and sunflower for the EU
31.07.2024
The European Commission predicts that in 2024/25, as a result of the drought in some regions of Europe, the production of grain crops will decrease by 2% compared to the previous season to 279 million tons, in particular soft wheat - by 1% to 127 million tons (which will correspond to an average of 5 -annual indicator), and corn - by 11% to 60 million tons (2% will exceed the average 5-year indicator). Strategie Grains experts have again lowered their forecasts for the EU rapeseed...
-
Purchase prices for grains in Ukraine on July 30, 2024
30.07.2024
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, $ Vetch 30000 Wheat mill offals 3250 165 Mustard seeds 503 Peas 13625 ↑ 150 12400 250 263 Buckwheat 8500 ...
-
Forecasts of a decrease in the corn harvest contribute to the increase in prices in Ukraine
30.07.2024
According to estimates of the Ministry of Agricultural Policy of Ukraine, the average yield of early crops in the country will decrease by only 5%, while the yield of late crops due to abnormal heat in most regions will decrease by 15%. Temperatures in Ukraine have dropped to normal last week, but precipitation has been patchy, so soil moisture reserves remain low in many regions, causing plants to dry out and soybean and corn crops to deteriorate. During the week,...
