News

Soybean and corn futures on the Chicago Stock Exchange fell to 3-year lows yesterday as funds sold off, while a strengthening dollar to a 3-month high is reducing the competitiveness of US products and could negatively affect US agricultural exports.   Competition in the world soybean and grain markets is intensifying against the backdrop of significant volumes of offers, so the US MSG may increase the forecast of ending stocks.   Analysts expect that the soybean acreage...

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 18000 Coriander ...

RMI Analytics said in a new report that malting barley harvested will be enough to meet the needs of beer and whiskey producers, even with a reduced crop in 2023, as demand for beer will also decrease significantly compared to 2022. And demand for feed barley will decrease due to increased offers of cheap corn.   World production of barley in 2023/24 MR decreased compared to the previous season by almost 10 million tons, and ending stocks - by only 2.2% due to reduced...

Palm oil production in Malaysia and Indonesia looks set to reach record levels this year, although experts previously thought it could decline as a result of the El Niño phenomenon.   In both countries, the main palm growing regions received a lot of rain, which will keep yields at a stable level. Although El Niño, which started in mid-2023, usually brings dry weather to the region and reduces palm yields, especially in southern Indonesia.   The probability...

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 13650 230 Buckwheat 9200 Coriander 500 Corn 6162 4972 4368 147 171 ↓ 6 138 ...

Polish farmers reported that during the 30-day general strike of farmers from February 20, all checkpoints on the border with Ukraine will be blocked and protests will be held on the ground. The organizer of the protest actions is the "Solidarity" trade union, which opposes the uncontrolled arrival of agricultural products from Ukraine after the opening of borders by the European Union.   Farmers believe that the lack of appropriate regulation of goods reduces the...

After a week's drop, the export prices of demand for wheat in Ukraine in hryvnia slightly increased thanks to the rapid growth of the dollar exchange rate on the interbank exchange in two days by 1.3% from 37.66 to 38.15 hryvnias/$.   This week, purchase prices for fodder wheat in Black Sea ports remained at $150-154/t, but hryvnia prices rose by UAH 50-100/t to UAH 6,300-6,400/t amid limited supply from producers.   At the same time, the number of offers of food wheat...

Yesterday, the Egyptian GASC held an international tender for the purchase of corn, which happens very rarely. Two consignments of Ukrainian corn were purchased on it at a fairly high, for today, price of $185/t FOB.   The following proposals were submitted to the tender: 3 batches of Ukrainian corn at a price of $192-209/t FOB Chornomorsk with payment in 180 days or $196-212/t FOB with payment in 270 days, 1 batch of Ukrainian corn at a price of $235-240/ton C&F, 3...