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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 ...
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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...
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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...
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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...
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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 ...
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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,...
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Export prices for fodder barley in Ukraine continue to rise
30.07.2024
According to IA "APK-Inform", since the beginning of last week in the ports of Ukraine there has been an increase in prices for fodder barley, caused by the limited supply of grain of the new crop, high demand from importers and restraint of sales by producers. In addition, prices are supported by the adjacent wheat market. During the specified period, the purchase prices for fodder barley increased: in the ports of greater Odesa - by $5-7/t to $162-172/t SRT, in...
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Chicago soybean prices fall to lowest since 2020 amid favorable US weather
30.07.2024
The weather favors the formation of a good soybean crop in the US, which, against the background of low soybean export rates due to high competition from sellers from South America, collapsed the quotation to the lowest level since the end of 2020. According to Crop Progress from NASS, 44% of U.S. soybeans are already pods, which is 4% above the 5-year average. The number of soybeans in good or excellent condition fell 1% to 67% for the week, but is higher than last year's...
