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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 FCA, $ CPT terminal, $ DAF, $ CIF, $ Wheat mill offals3500 ↓ 400Mustard seeds6000Peas13000White kidney beans40000Coriander36000Corn7200 ↓ 32580006800 ↓ 371204Flax25000560Sunflower seeds for planting20000Rape-seed oil1125 ↓...

Soybean quotes in Chicago remain at their highest level since late 2023, thanks to increased purchases from China and rising soybean oil prices following oil prices, as well as prolonged rainfall that is delaying the harvest.   November soybean futures on the Chicago Board of Trade over the past 7 days have decreased by 0.8% to $485/t (+8.2% per month) amid an unexpected increase by USDA experts in the forecast for the US soybean harvest by 0.4 million tons to 123.4 (116) million...

In all major exporting countries, heavy rainfall is occurring or will begin in the coming days, which will be favorable in some regions, but in others, for example in Canada, on the contrary, will greatly delay harvesting, which will significantly affect prices.   Heavy rains have been falling across the Midwest and Plains this week, which will continue for several more days, causing excessive moisture and delaying the soybean and corn harvest, but will also be beneficial for the...

According to the Solvent Extractors Association of India (SEA), in August India increased imports of vegetable oils by 1.5% compared to July to an 11-month high of 1.57 million tonnes, in particular soybean oil – by 26% to a record 628.74 thousand tonnes and palm oil – by 7% to a 6-month high of 782.76 thousand tonnes.   The increase in imports is due to refineries trying to build up sufficient stocks for the festival season from August to November, when demand for edible...

Turkey has submitted to Ukraine and the Russian Federation a draft agreement on the safety of navigation in the Black Sea, in particular on the cessation of attacks on civilian vessels in a 4-5 mile stretch where ships move through international waters after leaving the territorial waters of Ukraine.   This part of the route is the most vulnerable and risky, so Turkey proposes to create a kind of analogue of the "grain corridor", which was organized in 2022 through the...

Ukraine's corn market remains under pressure from the new harvest. Supplies are gradually increasing in the central regions as harvesting progresses, while limited storage capacity is encouraging some producers to market their grain more quickly. At the same time, high transportation costs to ports and other export channels continue to limit procurement prices in inland regions. Corn is currently quoted at around UAH 7,525/t on an EXW basis and UAH 8,000/t delivered to...

Statistics Canada StatCan in its September report lowered the country's canola yield forecast for the 2026/27 MY by 8.3% to 41.8 bushels/acre, and increased the estimate of the sowing area by 8.4% compared to the previous year to a record 23.2 million acres, which will allow the canola harvest to be almost at the level of last year - 22.1 million tons (17.8 million tons in the 2024/25 MY). Recall that USDA experts in their September report left the forecast for canola production in Canada...

The blocking of exports from Black Sea ports has the greatest impact on grain prices in Ukraine, as the cost of deliveries through Danube ports or by car and rail to the port of Constanta has already risen to $100-140/t, so exporters are trying to ship expensive crops (rapeseed, soybeans or sunflowers) first. Such logistics make the export of corn and wheat unprofitable, which continues to reduce domestic purchase prices.   In a September report, USDA experts lowered their forecast...