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According to IA "APK-Inform", in July the volumes of sunflower processing in Ukraine under the pressure of seasonal factors (reduction of raw material stocks and transition of a number of enterprises to rapeseed processing) decreased by 10% compared to June to 1 million tons, which became one of the best indicators for this month and exceeded previous forecasts.   During the 11 months of the 2023/24 FY in Ukraine, the maximum 14.4 million tons of sunflower were processed in...

USDA's August supply and demand WASDE report raised the 2024/25 MY global oilseeds production forecast sharply by 4.45 million tonnes to 690.54 million tonnes (a 5% increase from 2023/24 MY) as global sunflower production declined by 2.27 million tons is compensated by an increase in soybean harvest by 6.88 million tons and rapeseed by 0.9 million tons.   Compared to the July estimates, the new soybean balance for the 2024/25 FY has undergone the following...

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 13000 ↓ 167 250 270 Rye grade III 5850 Rye grade IV 5700 5500 ...

In August's supply and demand balance sheet, USDA experts cut their 2024/25 corn production, consumption and inventory forecasts by more than analysts expected, sending quotes higher after a prolonged decline.   The corn balance for FY 2023/24 was also adjusted: The global production forecast was reduced by 1.65 to 1,223.8 million tons, in particular for Argentina – by 2 to 50 (36) million tons, while the estimate for Ukraine was increased by 1.5 to 325 million tons...

On August 12, the Egyptian GASC held its largest tender for the purchase of wheat, where it wanted to purchase 3.8 million tons for delivery from October 2024 to April 2025. But in the end it bought only 280 thousand tons of wheat, since the prices of offers for October deliveries were 23- $60/t higher than for September delivery at the July 16 tender, despite the drop in world prices to the lowest level since 2020/21 MR. The increase in prices is due to the change in terms of payment from...

In August's supply and demand report, USDA experts raised their forecast for world wheat   consumption by more than their production  forecast, lowering their estimate of ending stocks. But stock prices fell 0.4-1.2%, and were not supported even by a reduction in the forecast for production and stocks of wheat in the US, although analysts had expected a rise in production estimates thanks to a good harvest.   Compared to the July estimates, the new wheat...

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 ...

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...