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Indonesia is increasing imports of low-quality wheat, and recently contracted 300,000 tons of Black Sea wheat, which will keep prices in Ukraine from falling further.   A severe drought caused by the El Nino phenomenon in the second half of last year delayed the planting of corn and sharply reduced its yield, which reduced the supply of feed grain. Therefore, if in 2023 Indonesia imported 10.87 million tons of wheat, then in 2024 it will increase imports by at least...

Natural gas prices fell to their lowest level since 1995 amid near-record production, large storage inventories and forecasts of reduced demand due to warmer weather. During the month, thanks to increased supply and weak demand, US gas prices fell by 50%.   In December, gas production in 48 US states reached a record 105.5 billion cubic feet per day. And gas reserves as of February 9 exceeded the average 5-year seasonal indicator by 15.9%. Even if individual companies cut back on...

According to the Reuters agency, in 2024 India can harvest a record crop of canola thanks to an increase in the area sown and favorable weather in the main producer states, which will allow to reduce imports of expensive soybean, sunflower and palm oil.   Compared to the previous season, the area planted with rapeseed grew by 5% to 10 million hectares, so its harvest may increase from 11.5 to 11.8-12 million tons, especially since crops are currently in good condition in almost all...

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 10300 230 Buckwheat 9200 Rye 6000 Green peas 18500 Coriander 500 Corn...

According to the AgRural agency, as of February 15, soybeans in Brazil were harvested on 32% of the area, which is 7% higher than last year's 25% for this period. Periodic rains that have been coming for several weeks are delaying the harvest, but they are contributing to the sowing of the second crop of corn, the rates of which also exceed last year's, as predicted by analysts.   Monitoring of the Buenos Aires Grain Exchange showed that in Argentina, during the period of...

The blocking of the border by Polish "farmers" almost stopped the already insignificant supplies of rapeseed from Ukraine to Germany or the Baltic countries. As a result, rapeseed prices in the western regions of Ukraine decreased from 15,300-15,500 UAH/t per FCA farm a few weeks ago to 14,700-15,000 UAH/t, while prices in ports fell to 16,000-16,200 UAH/t or $370/t .   European canola quotes rose 2% during the week amid curbs on supplies from Ukraine, but were pressured by...

Yesterday the USA celebrated Presidents' Day, so the exchanges were closed, while on the European platforms wheat and corn futures continued to fall in price and fell to a 2.5-year low under the pressure of significant stocks in the EU and cheap grain supplies from Ukraine and the Russian Federation.   Experts from the French Agritel believe that the competition between the Black Sea countries and Western Europe has reached its peak, and the increase in wheat stocks in the EU...

Two days in a row, on February 17 and 18, 16 ships left the ports of Great Odesa, which is a record number for the entire period of operation of the Ukrainian maritime corridor, Dumska reports.   Yes, the bulk carriers Mercury J, Amira Miro, Glorious Sea, ABK Legend and the 229-meter Bull left the port of Chornomorsk yesterday.   The dry cargo ships Eirini S, Aileen, ER Nazire, the 229-meter Rose III and the 292-meter giant Johanna took the Southern course to the Bosphorus...