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Purchase prices for grains in Ukraine on May 31, 2024
31.05.2024
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 3200 Peas 12250 Sugar beet pulp gran 155 Corn 7857 ↑ 7 6969 6114 174 190 158 205 ↑ 2 Flax 17000 ...
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Wheat prices were supported by positive news on the market
31.05.2024
The wheat market continues to receive news that contributes to a further increase in stock prices, so traders are actively buying wheat futures. Rusagrotrans experts reduced the forecast of wheat production in the Russian Federation in 2024/25 MR from 92-96 to 77.4 million tons, while other analysts estimate it at 81-83 million tons. At the same time, the wheat export forecast was reduced by 6 million tons to 43 million tons. India's government could lift a 40%...
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Rains in the USA and Western Europe and drought in the south-west of the Russian Federation will affect grain markets next week
31.05.2024
Traders' attention is currently focused on the weather in the south-west of the Russian Federation, which will remain dry and hot for several more weeks, while winter wheat crops are experiencing a severe lack of precipitation. World wheat prices rose by 20-30% in 2 months based on forecasts of a decline in the wheat harvest in the Russian Federation. Since Tuesday, rains have come to Ukraine and the south-west of the Russian Federation, but in the northern regions there was...
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Since June 1, the European Union has increased the duty on grain imports from the Russian Federation and Belarus
31.05.2024
On May 30, the Council of the EU adopted a resolution to increase the customs duty on the import of grain and oil crops, their processing products, as well as granulated pulp and dried peas from the Russian Federation and Belarus to a level that will actually stop their supply. Currently, import duties on these goods are absent or very low. The resolution, which will enter into force on June 1, will also deprive the specified goods of access to EU tariff quotas, but will not affect...
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Purchase prices for grains in Ukraine on May 30, 2024
30.05.2024
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 3200 Peas 12250 Sugar beet pulp gran 155 Corn 7850 6969 6034 172 190 156 205 ↑ 2 Soybean hulls...
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Agrarian associations are discussing with the Ministry of Agrarian Policy the terms of the Memorandum on grain export
30.05.2024
The head of Boroshnomela State Council of Ukraine, R. Rybchynskyi, told the Agro Ukraine Summit that specialized associations and the Ministry of Agricultural Policy plan to return to the practice of signing the Memorandum on grain export, which has not been used in recent years, and are currently discussing the terms of the document. We will remind that recently Acting Minister of Agricultural Policy T. Vysotskyi reported at the "Bread Industry 2024" conference that the...
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Soybean prices fall as South American harvest ends and U.S. planting accelerates
30.05.2024
According to the Conab agency, as of May 26, soybeans in Brazil have been harvested for 98.1% of 45.7 million hectares, and the harvest forecast remains at the level of 147-152 million tons. The Buenos Aires Grain Exchange reports that as of May 22, soybeans in Argentina have been harvested on 78% of the area, and the harvest forecast has been raised to 50.5 million tons, which is slightly higher than the USDA's May estimate. The USDA Crop Tour showed that as of...
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Low canola planting rates in Canada support canola prices in the EU
30.05.2024
Cold and wet weather in Canada is delaying canola planting, supporting canola and canola exchange prices, although rainfall in Australia is improving prospects for the upcoming canola crop. As of May 20, Saskatchewan had 56% of its planned acreage planted with canola, and Alberta had 58% of its acreage planted, compared to 68% and 62% planted at this time last year, respectively. Cyclones will bring another wave of rain to the Canadian prairies next week, replenishing...