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Traders continue to monitor wheat harvest forecasts in major importing countries to assess possible import volumes.   In FY 2024/25, Pakistan will harvest a record 28.8 million tons of wheat, which will exceed the 2023/24 FY harvest by 2%, according to FAS USDA experts, thanks to the increase in sowing areas, effective use of fertilizers and certified seeds, and improved irrigation. Pakistan's population is growing the fastest in the world, so the consumption of wheat and its...

Traders' attention shifts from the weather in South America to the countries of the Northern Hemisphere, where the sowing of spring crops begins. In the USA and Europe, there have been abundant precipitations, while in Ukraine and the south-west of the Russian Federation there is a moisture deficit, although the weather is generally favorable for sowing.   The Midwest and the Central and Southern Plains of the United States experienced heavy rain this week and will continue...

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 2400 ↑ 758 Peas 12500 12500 10000 Sugar beet pulp gran 5500 Corn 6641 ↑ 10 5539 4276 149 ↑ 1 133 197...

The rapid increase in purchase prices for corn in Ukraine during the month by 13-14.5% from 5,900-6,100 to 6,750-6,900 hryvnias/ton led to a decrease in offers from farmers who, in anticipation of further price increases, sold corn only to replenish working capital. The increase in prices was partly related to the devaluation of the hryvnia, as dollar prices in the Black Sea ports rose by 8-11% to $154-157/ton.   On world stock exchanges, quotations rose on forecasts of a significant...

Speculative increase in global oil prices by more than 4% during the week was caused by new attacks by Ukrainian drones on Russian refineries, an Israeli strike on a building on the territory of the Iranian consulate in Syria, which killed two Iranian generals and five IRGC officers who controlled Iranian proxies in Lebanon and Syria. After that, the IRGC warned Israel to prepare a response in the form of "death strikes".   During the week, quotations for palm oil rose by...

Crude palm oil (CPO) prices rose to a 17-month high amid rising oil prices, leading to increased sunflower oil imports by India and exports from Ukraine in March.   India increased sunflower oil imports in March by 51% from February to 448,000 tonnes, the second-highest on record, while palm oil imports fell 3.3% to a 10-month low of 481,000 tonnes.   In March, Ukraine exported 608,000 tons of sunflower oil, which corresponds to the level of January and February, but is...

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 1642 Peas 12500 10000 Sugar beet pulp gran 5500 Corn 6653 ↑ 71 5539 ↑ 124 4756 ↑ 56 148 ↓ 1 132 ↓ 2 197 ↑ 1 Flax ...

June Brent crude oil futures rose 4% for the week to a 5.5-month high of $89/barrel amid Ukrainian drone attacks on an oil refinery in Tatarstan and an Israeli strike on an Iranian general in Syria. Such news leads to a speculative rise in oil prices, which supports quotations for vegetable oils used in the production of biodiesel.   The agency Strategie Grains lowered its forecast for rapeseed production in the EU in 2024 from 18.3 to 18.1 million tons, which would be 10% less than...