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Purchase prices for grains in Ukraine on January 25, 2024
25.01.2024
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 6321 ↑ 16 4748 4575 152 145 ↓ 2 207 ↑ 2 Flax 20400 15000 ...
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The IGC predicts a reduction in global canola acreage in FY2024/25
25.01.2024
Experts of the International Grains Council IGC predict that in the 2024/25 season, the area planted with rapeseed in the world will decrease compared to the previous season, especially in Ukraine. A significant volume of rapeseed offers last year led to a decrease in prices and quotations on the futures market. As a result, the global rapeseed area will decrease to 42.4 million hectares in 2024/25, which will still exceed the long-term average. According to the...
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Farmers in Ukraine sharply reduced corn sales amid low purchase prices
25.01.2024
A significant increase in the global corn production forecast in the USDA's January report sent stock prices down to a 3-year low, which increased the pressure on purchase prices in Ukraine. During the week, prices for corn delivered to Black Sea ports remained at $148-153/t or UAH 6,000-6,200/t, but the volume of offers from producers decreased significantly. The export of grain from Ukraine for January 1-25 exceeded the similar indicator of 2023 by 22%, but the...
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Export of grain from Ukraine in January exceeded last year's corresponding figure
25.01.2024
According to the State Customs Service, in 2023/24 FY as of January 24, Ukraine exported 22.147 million tons of cereals and legumes, which is 16% less than the 25.741 million tons exported during the same period last year. From January 1 to January 25, 3.682 million tons of grain were exported, while for January 1-25, 2023 - only 2.996 million tons. Compared to the previous season, grain exports decreased: wheat - from 9.281 to 8.72 million tons, barley - from 1.788 to...
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Purchase prices for grains in Ukraine on January 24, 2024
24.01.2024
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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The European Commission plans to continue the liberal trade regime of agricultural products with Ukraine
24.01.2024
Yesterday in Brussels, at a press conference after the meeting of the EU Council of Ministers on Agriculture and Fisheries, Belgian Deputy Prime Minister David Clarinval announced that soon the European Commission will submit proposals for extending the regime of liberalization of trade in agricultural products with Ukraine. "The European Commission will soon submit a proposal for the continuation of trade liberalization measures with Ukraine, as the EU countries show...
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Rainfall in Australia and India is improving wheat crop prospects, adding to price pressure
24.01.2024
Global wheat prices remain low under pressure from weak demand and increased supply from exporters, while improving weather conditions in Australia and India add pressure on quotations. Frosts in the US did not affect prices because they were short-lived and crops were covered by a significant layer of snow. March futures for wheat yesterday had the following dynamics: remained at $219.2/t - for soft winter SRW wheat in Chicago (0% for the week), increased by...
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The tense situation in the Red Sea will force India to increase oil supplies from South America
24.01.2024
India, the world's main importer of sunflower oil, gets most of it from the Black Sea region via the Red Sea. But because of Hussite attacks, shipowners are diverting ships from Europe to Asia, bypassing Africa, which increases shipping time and cost. Argentinian sunflower oil prices are now lower than Black Sea sunflower oil, so India may switch to buying oil from South America. Sunflower oil prices in India surpassed soybean oil prices for the first time in a...