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Prolonged rains worsen the prospects of the wheat harvest in France, as they delay the harvest of the grain and promote the development of diseases. According to estimates of the French Association of Wheat and Grain Producers (AGPB), this year farmers will be able to harvest only 26 million tons of wheat, which will be 10 million tons less than the average annual figure (36 million tons).   In view of the poor harvest, farmers are looking to get a high price for grain, but the...

Experts of Oil World (Germany) reduced the forecast of rapeseed production in the EU in 2024 to 17.6 million tons (20 million tons in 2023), as long rains in France and Germany negatively affect crops. And the European Commission predicts a decrease in production to 18.38 million tons. Therefore, Australian analysts expect an increase in the demand for canola from the EU in the current season.   At the same time, Oil World warns of a possible reduction in supplies of sunflower and...

StoneX experts raised the forecast for wheat production in Australia in 2024/25 MR from 25 to 30 million tons after favorable rains for crops passed over most of the country, Reuters reports.   It will be recalled that the USDA in July estimated the wheat harvest in the country at 26 million tons.   At the same time, in some areas of Victoria, as well as South and Western Australia, soil moisture in the root zone remains very low, which negatively affects crops. In May and...

In July, Ukraine increased its export of agricultural products by 1.5% compared to the previous month to 5.4 million tons.   Thus, compared to June, exports have changed: grain crops - decreased by 5% to 3.7 million tons, of which 42% - corn, 42% - wheat, 16% - barley, of oil crops - grew 2.4 times to 514 thousand tons, of which 54% - rapeseed, 44% - soybeans, 1% - sunflower, vegetable oils - remained unchanged at 479.5 thousand tons, of which 92% - sunflower oil, 6% -...

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 12950 ↓ 675 12842 250 263 Buckwheat 8500 ...

During the week, export demand prices for wheat in Ukraine decreased against the background of falling quotes on US stock exchanges and strengthening of the hryvnia exchange rate on the interbank exchange by 1% to UAH 41/$. Prices are also pressured by a decrease in demand from importing countries, which have harvested good harvests this year, as well as an increase in the supply of cheap wheat from the Russian Federation on the world market.   During the week, the prices of food...

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...

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...