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Purchase prices for grains in Ukraine on January 31, 2024
31.01.2024
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 2650 Peas 9500 10300 230 Rye 5000 Corn 6303 ↑ 3 4930 ↓ 21 4442 ↓ 66 148 ↓ 1 170 144 ↓ 2 201 ↓ 4 Flax...
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U.S. wheat prices rise 2% after long decline
31.01.2024
Global wheat prices have been depressed for a long time under pressure from weak demand and favorable weather for winter wheat crops in the Northern Hemisphere, as well as rainfall in India and Australia. But yesterday, the stock market saw a speculative rise in quotations, as traders do not expect further price declines, especially given the heat in Argentina. According to the US MSG, the number of winter wheat crops in good or excellent condition increased compared to the end of...
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Heat and drought in Argentina are increasingly worrying traders
31.01.2024
Very dry weather in Argentina at the end of January is increasingly worrying traders as it could negatively affect soybean production. In Brazil, during January 21-27, the trend of precipitation distribution changed: in the south, it was less than usual, and in the north of the state of Mato Grosso, it was more. According to WeatherTrends360, the last week of January in Rio Grande do Sul was the coldest and fifth driest in the last 30 years. But thanks to the decrease in...
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The Agrarian Committee of the Verkhovna Rada approved the draft law on simplifying the change in the purpose of agricultural land
31.01.2024
The Agrarian Committee of the Verkhovna Rada of Ukraine supported for consideration in the second reading the draft law No. 9627 on simplifying the procedures for changing the purpose of land from agricultural to industrial. According to the authors, the simplification of procedures will allow to reduce the time for changing the purpose of land from the moment of submitting an application to its approval from 1-3 years to 1.5 months, which will become relevant in the period of...
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Soybean prices fell below the psychological level of $12/bushel and hit a 2-year low
30.01.2024
Active soybean harvesting in Brazil and forecasts of favorable rainfall in South America are improving the outlook for the soybean and corn harvests, putting pressure on stock prices. Soybean prices in Chicago fell to a 2-year low yesterday on forecasts of rain in the main agricultural regions of Brazil and Argentina. According to the SAFRAS&Mercado agency, as of January 26, soybeans were harvested on 9% of the area in Brazil (4% last year), and first-harvest corn...
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Purchase prices for grains in Ukraine on January 30, 2024
30.01.2024
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 2650 ↑ 117 Peas 9500 ↓ 250 10300 230 Rye 5000 Corn 6344 ↑ 27 4960 4573 ↓ 12 149 144 ↓ 2 207 ↑ 2...
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Palm oil quotes fell amid a 3% fall in soybean oil prices
30.01.2024
Accelerating soybean harvest in Brazil and increased soybean production forecasts in Argentina are adding pressure to soybean and oil quotes. The increase in oil prices during the week by 5% did not support quotations of vegetable oils, as against the background of increased supply, demand remains very weak. March soybean oil futures on the Chicago Stock Exchange yesterday fell by 3% to $1,003/t (-6% for the month, -32% for the year). March palm oil...
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Entrepreneurs will be excluded from the list of verified enterprises for 6 months due to violation of the rules for exporting agricultural products to the EU
30.01.2024
In the event that the government of Ukraine receives information from Bulgaria, Romania, Slovakia, Hungary or Poland that Ukrainian agricultural products registered for transit through the territory of these countries have remained in one of them, the exporting enterprise may be excluded from the list of verified agribusiness entities, - said Minister of Agricultural Policy of Ukraine M. Solskyi during an online meeting with his Bulgarian colleague Kyryl Vatev. The relevant...