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Purchase prices for grains in Ukraine on May 29, 2024
29.05.2024
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 Buckwheat 480 Sugar beet pulp gran 155 Corn 7850 6969 ↑ 438 5988 172 ↑ 1...
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Acceleration of planting in the US and rains in Ukraine increase pressure on corn prices
29.05.2024
Corn prices have been rising recently on the back of a speculative increase in wheat prices, but they have been slightly reduced by the intensification of sowing in the US and harvesting in Argentina, as well as rainfall in Ukraine. According to NASS, 83% of the planned area was sown with corn in the US on May 26 (70% a week ago, 89% last year, 82% on average over 5 years). Thanks to the warm weather with periodic rains, seedlings were obtained on 58% of the areas, which...
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Rising oil prices support the prices of vegetable oils
29.05.2024
The intensification of Israel's military operation in the southern Gaza Strip city of Rafah and a clash between Egyptian and Israeli soldiers at a border post sent oil prices up 2.5% this week, supporting vegetable oil markets. July Brent oil futures on the ICE Futures exchange in London rose by 2.5% to $84.2/barrel in two sessions (+1.7% for the week, -3.6% for the month). An Egyptian soldier was killed in a clash with Israeli troops at a border crossing in the...
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According to the MARS forecast, cereal yields in the EU will exceed average, and in North Africa will decrease due to drought
29.05.2024
In the May report, Mars experts reduced the forecasts of crop yield in the EU compared to April estimates, but it will exceed the average indicators of the last 5 years. Against this background, quotations for wheat, corn and rape on the Euronex exchange decreased somewhat yesterday. Estimates of the yield of winter crops for Spain and Portugal have been increased, but forecasts for Italy, Denmark, Hungary and some Western European countries have been lowered. Long rains in northern Italy,...
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Purchase prices for grains in Ukraine on May 28, 2024
28.05.2024
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 Buckwheat 480 Sugar beet pulp gran 155 Corn 7836 ↑ 69 6531 5988 ↑ 122 170...
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The interbank dollar exchange rate rose to a record 40.3 UAH/$
28.05.2024
Yesterday, the interbank dollar rose by another 0.5% to a record 40.29-40.3 UAH/$ (+1.8% for the week) against the background of the increase in the budget deficit and the government's ideas on covering expenses. On May 28, the NBU set the official exchange rate for the dollar at UAH 40.3/$, and the euro at UAH 43.76/€. After the Russian missile attacks, which destroyed energy facilities and critical infrastructure, the NBU lowered the forecast for the growth...
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Wheat futures on Euronext rose to a 14-month high, supporting prices in Ukraine
28.05.2024
On Monday, the stock exchanges in the USA were closed for the celebration of Memorial Day, while on the stock exchange in Paris, the prices of wheat continued to grow rapidly on the forecasts of a decrease in the harvest in Ukraine, African countries and the Russian Federation. According to the MARS monitoring data of May 27, the drought in western North Africa, especially in Morocco and northwestern areas of Algeria, will lead to a sharp decrease in wheat yields, which will...
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UZA experts lowered the forecasts for the production of grain and oil crops in Ukraine
28.05.2024
Experts of the Ukrainian Grain Association reduced the forecast of production of grain and oil crops in Ukraine by 1.5 million tons to 74.6 million tons compared to previous estimates, which will be inferior to the 82.8 million tons collected in the previous season. The current estimates are calculated based on the analysis of weather conditions for the last 5 years, so a sudden change in the weather in spring or summer may cause the data to be adjusted. The decrease in the harvest...