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Prices for vegetable oils are increasing against the background of increased export demand
23.09.2024
The 3.8% increase in oil prices for the week caused by the instability in the Middle East led to an increase in the prices of vegetable oils. November palm oil futures on Bursa rose 3.5% for the week to 3,947 ringgit/t or $907/t (+2.5% on the month) amid a pick-up in exports in September after a contraction in August. According to ITS data, for September 1-20, Malaysia increased palm oil exports by 10% to 953.98 thousand tons compared to the same period in...
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Export prices for Ukrainian wheat are increasing, although stock market quotations for the week fell by 4%
23.09.2024
Difficulties with the harvesting of spring wheat in the east of the Russian Federation and the sowing of winter wheat in Ukraine and the southwest of the Russian Federation support the demand for Black Sea wheat, the prices of which remain at $215-225/t FOB, while the prices of French and German wheat exceed $240/ t FOB. In Ukraine, during the week, export purchase prices for food wheat increased by another 100-150 UAH/t to 9400-9500 UAH/t or $203-205/t, and for fodder - by 150-200...
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Soybeans and sunflowers in Ukraine are harvested on half of the areas, and export rates are 57% higher than last year
23.09.2024
According to the Ministry of Agriculture, as of September 19, 31.875 million tons of grain and leguminous crops were harvested in Ukraine from 7.511 million hectares or 68% of the area with an average yield of 4.24 tons/ha. Last year, on September 21, 29.8 million tons of grain and leguminous crops were harvested from 6.841 million hectares or 63% of the area with a yield of 4.36 tons/ha. Harvesting of late grains, which are currently threshed, is also underway: corn –...
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Soy prices in Ukraine continue to rise amid farmers holding back sales
20.09.2024
Global soybean prices remained stable over the past week and have not yet reacted to the lack of rainfall in the main soybean-growing region in Brazil and delays in the planting campaign. Meanwhile, soybean export prices in Ukraine continue to rise due to low supply. As of September 19, 49% or 1.293 million hectares (out of 2.6 million hectares) have been harvested in Ukraine, yielding 2.64 million tons with an average yield of 2.04 t/ha compared to 2.43 t/ha last...
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Purchase prices for grains in Ukraine on September 20, 2024
20.09.2024
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, $ Wheat mill offals 4000 140 Mustard seeds 25000 Peas 13000 12800 7125 Buckwheat 9000 10000 Rye grade IV 6400 7500 ...
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IGC Forecast: Global Market for Grains and Oilseeds 2024/25 FY
20.09.2024
Experts from the International Grains Council (IGC) in their September report left unchanged the forecast for global grain production in the 2024/25 marketing year at 2.315 billion tons (11 million tons more than in 2023/24 MY), as the decline in wheat production will be offset by the increase in the corn harvest. The global grain consumption forecast was raised by 4 million tons to 2.325 billion tons, 9 million tons more than in the 2023/24 MY. However, due to an upward revision...
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Dry conditions in central Brazil, parts of Argentina, as well as eastern Ukraine and western Russia continue to reduce the potential for future crops
20.09.2024
The main focus of analysts remains on the weather conditions in central Brazil, parts of Argentina, as well as in eastern Ukraine and western Russia, where dry conditions persist. This leads to a decrease in soil moisture reserves, hindering the start of soybean, corn, and winter wheat planting. This week, western regions of Ukraine received good rainfall, while the eastern regions of Ukraine and southwestern Russia experienced intense heat and drought. According to the...
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Purchase prices for grains in Ukraine on September 19, 2024
19.09.2024
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, $ Wheat mill offals 4000 140 Mustard seeds 25000 Peas 13000 12800 7125 Buckwheat 9000 10000 Rye grade IV 6400 7500 ...
