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Wheat quotations on world exchanges fell by 2.3-4.2%
04.03.2024
Against the background of the transition from March to May contracts, traders actively closed short and opened long positions in wheat, which led to a decrease in prices on Friday by 2.3-4.2%, and in general for the week - by 0.3-7. 2%, with European wheat falling in price the most. March wheat futures on Euronext fell by €6.25/t on Friday to the lowest level since August 2020 at €184.5/t. May futures also fell: by 3.4% to $204.9/t - for soft winter SRW...
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Wheat futures on Euronext fell to the lowest level since August 2020
04.03.2024
On Friday, March wheat futures on Euronext fell by €6.25/t to the lowest level since August 2020 at €184.5/t, Agricensus reports. If at the beginning of the invasion of the Russian Federation in Ukraine, wheat prices, against the background of uncertainty with further supplies to the world market, reached 400 €/t, now they have decreased by more than 50%. Until August 2020, wheat futures did not exceed €200/t and usually traded in the range of...
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In February, Ukraine increased the export of agricultural products by 3.4% to 8 million tons
01.03.2024
In February 2024, Ukraine increased exports of agricultural products by 3.4% compared to January to 8 million tons, but not all products physically crossed the border during the specified period, and part of the transport is in the queue for departure. In terms of crops, the export volume changed as follows: grain crops - increased by 9% to 5.8 million tons (of which corn 53%, wheat - 44%, barley - 4%), oilseed crops – decreased by 22% to 599.3 thousand tons (of which...
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Purchase prices for grains in Ukraine on March 1, 2024
01.03.2024
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, $ DAF, $ CIF, $ Wheat mill offals 2750 Peas 10500 10000 17000 Buckwheat 9850 ↑ 217 Rye 6000 Sugar beet pulp gran 5500 Green peas ...
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Only in the 3rd year of the war, the Polish authorities began to talk about limiting the export of agricultural products from the Russian Federation
01.03.2024
Polish Prime Minister D. Tusk announced a possible ban on the import of agricultural products from the Russian Federation and Belarus, which leads to market distortions. Latvia has already banned the import of grain from the Russian Federation and demands that the EU apply similar sanctions. Following it, Poland may also introduce an embargo on supplies from the Russian Federation. The Ukrainian authorities have long explained that the cause of the collapse of world grain prices...
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Favorable weather in South America and Europe continues to improve crop prospects
01.03.2024
Planting of spring crops has begun in Europe and the US amid rising temperatures, while heavy rains in South America are replenishing moisture reserves and improving soybean and corn crop potential. A warm winter in Europe, in particular in Ukraine , with heavy precipitation allowed to accumulate significant reserves of soil moisture, which contributes to the development of winter crops and the sowing of spring crops. This week temperatures reached 5-12 o C, but next...
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EU sunflower oil prices fell to 3-year lows as soybean oil prices fell
01.03.2024
Against the background of active supplies of sunflower oil to the EU, its prices in European ports fell to a 3-year low, but this did not lead to increased demand. At the same time, the prices of rapeseed oil became higher than those of sunflower oil for the first time, due to the high demand for biofuel, - reports Agricensus. The blockade of Black Sea ports in Ukraine, tension in the Red Sea and difficulties in the operation of alternative routes led to the fact that large volumes...
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Purchase prices for grains in Ukraine on February 29, 2024
29.02.2024
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, $ DAF, $ CIF, $ Wheat mill offals 2750 Peas 10250 10000 17000 Buckwheat 9200 Rye 6000 Sugar beet pulp gran 5500 Green peas 19500 ...