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Purchase prices for grains in Ukraine on January 29, 2024
29.01.2024
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...
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Argentina received permission to export wheat to China for the first time
29.01.2024
Argentina's Ministry of Agriculture, Livestock and Fisheries on Friday announced the completion of the first phase of creating conditions for future wheat exports to China. "The General Administration of Customs of the People's Republic of China (GACC) has included Argentine wheat exporting companies in the online system of quarantine registration of enterprises authorized to import plants, animals and products made from them to China," the ministry's press...
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A decrease in the supply of corn in Ukraine led to an increase in demand prices
29.01.2024
During the week, corn prices for delivery to Black Sea ports were $148-153/t, but hryvnia prices rose by UAH 50-100/t to UAH 6,100-6,250/t against the backdrop of the dollar's rise. Producers continue to hold back sales and finish harvesting. According to the Ministry of Agriculture, as of January 25, 58.724 million tons of grain and leguminous crops were harvested in Ukraine from 97% of the area or 10.576 million hectares with a yield of 5.55 tons/ha. At the same time, 28.48...
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World barley prices remain under pressure from a significant feed grain supply
29.01.2024
Despite the decrease in the world harvest of barley, prices for it remain low due to weak demand and a record world harvest of corn and other grains. According to the IGC, in 2023/24 the global grain harvest will reach a record 2.3 billion tons, which will exceed the previous season by 2%, primarily due to the recovery of corn production. In the January report, USDA experts reduced the forecast of world barley production in 2023/24 MY by 0.7 million tons to almost the...
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Prospects for soybean and corn crops in Argentina are improving
26.01.2024
Experts of the Buenos Aires Grain Exchange increased the forecast of soybean production in Argentina in 2023/24 MR to 52.5 million tons and corn - to 56.5 million tons. The adjustment of the estimate is due to the sufficient amount of precipitation in the current season, however, the intensity of rains will be important for the further development of soybean crops. According to the data of the crop tour conducted by the stock exchange experts, as of January 25, corn...
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Purchase prices for grains in Ukraine on January 26, 2024
26.01.2024
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 2433 Peas 9750 10300 230 Rye 5000 Corn 6329 ↑ 24 4748 4585 152 144 ↓ 3 207 ↑ 2 Flax 20400 15000 ...
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Oil prices rose by another 3% against the background of reduced stocks in the US and damage to a terminal in the Russian Federation
26.01.2024
After a speculative increase in oil prices on January 22 by 2%, the market expected a correction, but data on a significant reduction in oil reserves in the United States and a new attack by Ukrainian drones on a Russian oil refinery terminal led to an increase in quotations by another 3%. Severe frosts in the US last week reduced production and increased oil consumption, leading to a significant reduction in inventories. During January 13-19, US oil production decreased by 7.5% to...
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Favorable rainfall in the US, Brazil and Australia and heat in Argentina will affect agricultural markets next week
26.01.2024
Traders continue to monitor the weather in South America, which is generally conducive to a good harvest, although the heat forecast in Argentina next week is a cause for concern. In the USA, severe frosts were replaced by a wave of warm air, which brought additional precipitation to all agricultural regions. The Midwest has seen rain this week and will continue into the weekend. Next week, temperatures will exceed normal, which will reduce the thickness of the snow...