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At the regular meeting of the European Council, which will be held on March 21-22 in Brussels, the issues concerning Ukraine will first of all be considered: the amount of military aid, the start of negotiations on joining the EU, the extension of the free trade agreement with the EU, and the use of revenues from frozen Russian assets for aid to Ukraine, as well as ways to unblock the transit of products through Poland.   According to Politico, an interim agreement to extend trade...

In the March report, the experts of MSF of Canada (AAFC) increased the forecast of wheat production in the country in 2024/25 MR by 0.7 to 34.6 million tons (32 million tons in 2023/24 MR), domestic consumption by 0.2 to 9.3 (8.6) million tons, exports - up to 24.6 (23.5) million tons, and final stocks - up to 4.4 (3.6) million tons. In particular, the forecast for durum wheat production increased by 0.3 to 5.7 (4) million tons, exports – by 0.1 to 4.5 (3.2) million tons, final stocks...

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, $ DAF, $ CIF, $ Wheat mill offals 2150 Peas 11500 10000 Buckwheat 9750 Rye 6000 Sugar beet pulp gran 5500 Coriander 1000 ...

Despite significant global supply and stocks of oilseeds, including rapeseed, prices continue to gradually recover from February's decline amid rising oil and palm oil prices, as well as forecasts of a decline in European rapeseed production.   According to the forecast of the Coceral agency, EU countries and Great Britain will harvest 20.2 million tons of rapeseed in 2024, which is 1.1 million tons less than the 2023 harvest.   May Brent crude futures rose to a...

On March 20, the state-owned Egyptian operator GASC held an international tender for the purchase of flour wheat with delivery on May 5-15, at which prices almost did not decrease, and the volume of purchases turned out to be insignificant.   It will be recalled that on March 7, GASC canceled the tender, although the prices of the proposals submitted for it were significantly lower than at previous tenders. At yesterday's tender, the prices of deferred payment offers fell...

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 2150 Peas 11500 11600 10000 Buckwheat 9750 Rye 6000 Sugar beet pulp gran 5500 ...

According to the Buenos Aires Grain Exchange, as of March 13, 1.99 million tons of corn were threshed in Argentina from 229,000 hectares or 3% of the planned area (2% last week, 7% on average over 5 years) with a yield of 8.71 tons /Ha.   During the week, as a result of heavy rains, the number of corn crops in good or excellent condition decreased from 29% to 25%, in satisfactory condition it remained at 58%, and in poor or very poor condition it increased from 13% to...

The Malaysian Palm Oil Board (PMOB) forecasts that crude palm oil (CPO) prices will return to the range of RM3,800-4,000/t in April 2024 (from the current RM4,250/t) under pressure from active soybean oil supplies from South America and gradual seasonal recovery of palm oil production in Malaysia.   The premium for palm oil compared to other vegetable oils has outpaced soybean and sunflower oil prices on the European market since February. According to MROS, palm oil currently trades...