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Purchase prices for grains in Ukraine on February 19, 2024
19.02.2024
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 10300 230 Buckwheat 9200 Rye 6000 Green peas 18500 Coriander 500 Corn...
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Wheat quotations on world exchanges fell by 3-6.6% in a week
19.02.2024
World wheat prices continue to fall under the pressure of significant stocks and low export rates from the USA and the EU, as well as forecasts of increased exports of cheap wheat from Ukraine and the Russian Federation. During the week, quotations in Chicago fell by 6.6%, and in Europe - by 3% (-5.5% for the month). Against the backdrop of improved conditions for winter crops and low export rates from the US, traders actively sold wheat futures ahead of the long weekend in the US,...
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Sunflower in Ukraine continues to fall in price against the background of falling prices for meal and oil
19.02.2024
The decrease in world prices for vegetable oils, significant stocks of raw materials at processing plants and almost no export demand lower sunflower prices in Ukraine. Accelerating soybean harvests in Brazil and improving weather in Argentina are putting upward pressure on soybean oil prices, leading to lower prices in neighboring palm and sunflower oil markets. March soybean oil futures on the Chicago Stock Exchange during the week fell 3.5% to $1,004/t (-3% for the month)...
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Purchase prices for grains in Ukraine on February 16, 2024
16.02.2024
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, $ FOB, $ DAF, $ CIF, $ Wheat mill offals 2900 Peas 10000 10300 230 Buckwheat 9200 Rye 6000 Green peas 18500 Coriander ...
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Egyptian GASC bought Romanian and Ukrainian wheat $30/t cheaper than in January
16.02.2024
On February 15, the Egyptian GASC held an international tender for the purchase of wheat, at which the purchase price was $30.5/t lower than at the auction on January 17, primarily due to low prices for Ukrainian wheat. At the previous tender, GASC purchased a large batch of Russian wheat, although Nibulon significantly reduced the price of the offered Ukrainian wheat. And at yesterday's auction, GASC bought 120,000 tons of Ukrainian and 60,000 tons of Romanian...
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Wheat prices continue to fall despite forecasts of a significant reduction in U.S. seeded acreage
16.02.2024
The U.S. Department of Agriculture released this year's first acreage forecast, according to which corn and wheat acreage will decrease in 2024 compared to last year, while soybean acreage will increase because it is more profitable to grow it, even though prices have fallen to multi-year lows. According to the USDA forecast, the area planted under corn in the United States will decrease compared to last year from 94.6 million acres to 91 million acres, although analysts...
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Heavy rains in the US and Brazil and drought in Argentina will be the main drivers of price pressure
16.02.2024
Traders' attention is still focused on South America, where the weather is generally favorable for soybean and corn crops, but drought is returning to Argentina, albeit with cooler temperatures. In the main agrarian regions of the Midwest and the Plains of the USA this week, rain and snow will pass, and temperatures will drop to -8..0 o C, which will contribute to an increase in soil moisture reserves. Next week, temperatures will again exceed the norm, so in some regions in...
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Is money more important than existence, or why did EU countries increase grain imports from the Russian Federation by 10 times?
16.02.2024
While Ukrainian farmers suffer from war, lost land, low prices and logistical problems, the Russian Federation is increasing grain supplies to the EU. In 2023, the import of Russian grain to the EU increased 10 times. So Latifundist.com decided to find out why Europe is increasing purchases from the Russian Federation and putting obstacles to Ukrainian grain. During July-November 2023, the Russian Federation delivered 2.23 million tons of grain and leguminous crops to the EU (968...