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The IGC predicts an increase in world pea production in FY2023/24
27.02.2024
IGC experts predict that the world production of dry peas in 2023/24 MR will reach 13.9 million tons, which will exceed the previous season by 0.5%, primarily due to an increase in the harvest in the Russian Federation by 400 thousand tons to 4 million tons. This means that the Russian Federation will remain the world's largest producer of dry peas. Second place will be taken by Canada, which will harvest 2.6 million tons of peas, which is 23.8% or 800 thousand tons less than...
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The resumption of purchases by China halted the fall in corn prices in Ukraine
27.02.2024
Against the backdrop of a decrease in world corn prices due to improved weather conditions in Argentina and Brazil, purchase prices in Ukraine during the past week fell to $135-140/t with delivery to Black Sea ports. However, the resumption of purchases by buyers from China, where the New Year celebration ended, led to an increase in demand and an increase in prices to $140-145/t. In addition, traders faced with reduced supplies amid falling prices were forced to pay extra for fast...
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EU Commissioner for Agriculture Janusz Wojciechowski incites the protests of Polish farmers who spread the blockade to the borders with Germany and Slovakia
27.02.2024
Hysteria is intensifying in Poland over the losses of local farmers caused by Ukrainian grain, and no one is paying attention to the reasons for the drop in world prices. Even the EU Commissioner for Agriculture, Janusz Wojciechowski, declares that Ukraine has caused losses to the EU's agrarian complex of 19 billion euros, thus fueling protests in the country. Yesterday, Polish farmers blocked the border with Germany at the Swiecko point on the A2 highway for half a day....
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Purchase prices for grains in Ukraine on February 26, 2024
26.02.2024
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 9200 17000 Buckwheat 9200 Rye 6000 Sugar beet pulp gran 5500 Green peas 19500 ...
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Wheat quotations for the week increased by 1.4-2.3% against the background of a decrease in crop forecasts in the EU
26.02.2024
Wheat prices on global exchanges remain under pressure from low demand and large inventories, but active purchases of futures by funds last week and a reduction in EU crop forecasts supported prices, which had previously fallen by 5-6%. The experts of Refinitiv Commodities Research reduced the forecast of soft wheat production in the EU in 2024/25 MR by 1.3 to 123.2 million tons (125.8 million tons last year) and durum wheat – by 0.2 to 7.5 million tons (7.5 million tons last...
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Favorable weather in Brazil, Argentina and the US is adding pressure to soybean and corn prices
26.02.2024
Over the weekend, the Midwest and the US Plains received favorable precipitation. During the next few days, a strong storm will bring cold weather, thunderstorms and snow, but at the end of the week the air will warm up to 15-20 o C, which will allow the sowing of early grains to begin. In central Brazil, heavy rains last week delayed soybean harvesting, but they benefited second-crop corn plantings, which are nearing completion. At the beginning of the week, the rains will...
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Polish strikers have already damaged 4 trains with Ukrainian grain, but the Polish authorities do not react to this
26.02.2024
On the night of February 25, more than 200 tons of Ukrainian corn, which was transiting to the port of Gdansk for export to third countries, was dumped at the Kotomiezh station from 8 semi-cars. This was the fourth case of vandalism on Poland's railways in recent weeks. The Minister of Community Development, Territories and Infrastructure of Ukraine O. Kubrakov called the situation "the fourth case of impunity and irresponsibility", stressing that Ukraine fulfills its...
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Purchase prices for grains in Ukraine on February 23, 2024
23.02.2024
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 2900 Peas 10000 9200 ↓ 550 17000 Buckwheat 9200 Rye 6000 Sugar beet pulp gran 5500 Green peas ...