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Last week, palm oil futures in Malaysia rose in anticipation of a report on production, exports and inventories, due on March 10.   Yesterday, May palm oil futures on Bursa Malaysia rose another 1% to RM4,131/t or $883/t (+4.9% for the week), the highest since July 24, 2023.   According to the Malaysian Palm Oil Council (PMOC), in February, palm oil production in the country decreased by 10.18% compared to January to a 10-month low of 1.26 million tons, exports by 24.75%...

In the March report, USDA experts increased the forecast of world rapeseed production in 2023/24 MR by 0.7 to 88.1 (88.82) million tons, in particular for Ukraine - by 0.1 to 4.4 million tons, Russia - by 0 ,1 to 4.2 million tons, India - by 0.5 to 12.5 million tons. The forecast for the export of rapeseed from the Russian Federation was increased by 0.1 to 0.7 million tons, but it is unlikely to be fulfilled due to the export ban.   The authorities of the Russian Federation have...

Yesterday, the Ministry of Infrastructure of Ukraine reported that Polish farmers blocking the border with Ukraine, without any explanation, started to detain passenger buses going to and from Ukraine.   Thus, the hostages of the protest have now become bus passengers, who are usually women with children, pensioners, people with disabilities, military personnel returning from or going to training exercises.   Ukraine called on the Polish authorities to intervene in a...

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 Peas 12500 10750 11600 10000 Buckwheat 9750 Rye 6000 Sugar beet pulp gran 5500 ...

In a March report, USDA experts cut forecasts for global soybean production, consumption and stocks, but by less than analysts had expected. However, a significant increase in the export forecast led to a rapid increase in quotations.   Thus, May soybean futures on the Chicago Stock Exchange rose by 1.5% to $438.5/t (-0.8% compared to the data after the February report).   Compared to the February estimates, the new soybean balance for the 2023/24 FY has undergone the...

In a March report, USDA experts lowered corn production forecasts for Ukraine, Mexico and South Africa and raised those for Argentina, adding pressure to quotations. The weather in Brazil favors the planting and development of second-crop corn crops, so the forecast has been left unchanged for now.   According to the report, March corn futures on the Chicago exchange rose by 0.4% to $173.1/t (+1.5% compared to the data after the February report), and on the Paris exchange - by 0 .7%...

In a March report, USDA experts again raised their forecasts for global wheat production, consumption and exports in FY 2023/24, lowering their estimate of ending stocks. Stock market quotations reacted to this by increasing by 0.8-2.4%, although during the month they fell by 2-9%.   In the current season, world wheat consumption is expected to grow by 8.15 million tons compared to the previous season to 799 million tons, which will exceed production by 12.3 million tons (they were...

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 2400 ↓ 350 Peas 12500 10750 10000 Buckwheat 9750 Rye 6000 Sugar beet pulp gran 5500 Green peas ...