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In the July report, the MARS agency lowered yield forecasts for almost all agricultural crops in the EU
24.07.2024
In the July report, the experts of the MARS agency lowered the yield forecasts for most agricultural crops in the EU, and only slightly raised the estimate for wheat. According to experts, as a result of dry and hot weather in South-Eastern Europe, the yield of late crops this year will be inferior to the average 5-year indicators. Thus, in comparison with the June estimates, the yield forecasts have been reduced: corn - from 7.55 to 7.24 t/ha, which...
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The Ukrhydrometeorological Center evaluated the consequences of the July heat for late crops
24.07.2024
In the second decade of July, the agro-meteorological conditions were unfavorable for the formation of the harvest of late and vegetable crops and vegetables, - reported the Ukrhydrometeorological center. In the period from July 1 to 20, in the southern and central regions, there were 7 to 16 days when the temperature exceeded 35 o C. There was no precipitation in most areas, only in the north and west of the country there were uneven rains. Such weather led to the spread of...
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Purchase prices for grains in Ukraine on July 23, 2024
23.07.2024
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 3000 165 Mustard seeds 503 Peas 13500 ↓ 20 11129 ↑ 229 263 Buckwheat 8500 ...
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Export prices for rapeseed in Ukraine are increasing in line with stock market quotations
23.07.2024
Purchase prices for rapeseed in Ukraine increased during the week by UAH 1,000-1,300/t to UAH 23,000-23,500/t or $485-500/t with delivery to Black Sea ports against the backdrop of reduced sales by producers and low yields, which may reduce exports to new season The demand prices for rapeseed deliveries to the EU in July-August also increased by €10/t to €465-470/t, but offers for deliveries by motor vehicles are insignificant, thanks to the high prices in the Black Sea...
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After falling to a 4-month low, wheat prices rose slightly
23.07.2024
Acceleration of wheat harvesting in the USA, EU, Ukraine, and the Russian Federation provides new data on the quality and yield of wheat of the new crop. Against this background, wheat quotes during the week rose by 2.9-7.2% after falling to a 4-month low on data from the July USDA report, where the forecast for world wheat production was significantly increased. In Ukraine, the export prices of the demand for food wheat are increasing on the data of worse than expected quality....
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The IGC has improved its forecast for world flour trade in FY2024/25
23.07.2024
Experts of the International Grains Council (IGC) increased the forecast of world trade in flour (in wheat equivalent) in 2024/25 MR by 1.6 million tons to 16.1 million tons, which will be inferior to last year's 16.8 million tons, which became the best indicator of the last 6 years, - reports the Union of Grain Exporters of the Russian Federation. Despite the stable world demand for flour, trade volumes will decrease due to a decrease in imports by Middle Eastern countries, in...
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China's soybean glut fueled by buoyant imports from Brazil lowers domestic meal and oil prices
23.07.2024
China, the world's largest importer of soybeans, continues to increase its purchases, which has already led to a surplus in the domestic market and a drop in soybean meal and oil prices. Therefore, the import of soybeans may decrease significantly in the coming months, which will negatively affect exports from the USA. According to the General Administration of Customs (GACC), in June, compared to May, the PRC increased soybean imports from Brazil by 2.2% to 9.72 million tons,...
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Purchase prices for grains in Ukraine on July 22, 2024
22.07.2024
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 3000 165 Mustard seeds 503 Peas 13175 ↑ 108 10900 ↓ 229 263 Buckwheat 8500 ...
