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Polish farmers end the blockade of the Medica checkpoint
08.01.2024
Minister of Agriculture of Poland Czeslaw Siekerski and farmers - representatives of the association "Oszukana wieś", who have been blocking the "Medyka" PE since November 23, signed an agreement that will allow the specified crossing point to be unblocked for the period necessary for "the introduction of the necessary legal and regulatory changes". However, Polish carriers continue to block other border crossings, where more than 2,000 trucks are currently...
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Purchase prices for grains in Ukraine on January 5, 2024
05.01.2024
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 2750 Peas 9500 Rye 4500 Sugar beet pulp gran 4000 Corn 6225 ↑ 125 4991 4654 156 ↓ 1 142 ...
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Corn became the main (by volume) export position of Ukraine in 2023
05.01.2024
In 2023, compared to the previous year, Ukraine reduced product exports by 18.7% to $35.8 billion, which is one of the lowest indicators of the last decade, First Deputy Prime Minister - Minister of Economy Yuliya Svyridenko reported on her page in Facebook. The export of the main (by volume) commodity item – corn, grew by 5% to 26.2 million tons, but its revenue decreased by 16.8%. The average price of Ukrainian corn was $188/ton, while the world average price was $227/ton....
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Wheat prices rebounded after falling, despite an improvement in the U.S. crop
05.01.2024
US wheat prices are gradually recovering after falling 3-4% in late December, even as US crop conditions improve. According to the US MSG, as of December 31, the number of crops in good or excellent condition increased compared to the end of November in Kansas from 36% to 43% (19% last year), Oklahoma - from 53% to 67% (38%), Texas - from 46% to 49%, South Dakota - from 52% to 54% (16% last year), but it decreased in North Dakota from 71% to 50% (48% last year). March...
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Storms in the US and good weather in Argentina will affect the markets in the coming days
05.01.2024
Approaching storms with severe cold in the US, showers in central Brazil and good weather in Argentina will affect the markets in the coming days. A front will bring rain and snow to the Midwest in the coming days. Next week, the weather will worsen, heavy snowfalls and blizzards will begin, and the air temperature will drop sharply, especially in the west of the region. In the Central and Southern Plains, precipitation has passed in the past few days, and from Monday the front...
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Purchase prices for grains in Ukraine on January 4, 2024
04.01.2024
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 2750 Peas 9500 Rye 4500 Sugar beet pulp gran 4000 Corn 6100 4991 4654 ↑ 71 156 142 201 ...
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Soybean prices did not react to another cut in Brazil's crop forecast
04.01.2024
As a result of the prolonged drought in the states of Mato Grosso and Paraná, which are the main agricultural regions, StoneX experts sharply reduced the forecast for the soybean harvest in Brazil in 2023/24 from 161.9 to 152.8 million tons, which would be 3.2% less than the record 157.7 million tons collected in 2022/23 MR. As a result of the reduction in production, the forecast for the export of soybeans from the country was reduced from 103 to 95 million tons. Rains were...
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Ukraine continues to increase the rate of sunflower oil export
04.01.2024
In December 2023, the export of sunflower oil from Ukraine increased by 25% compared to November to 672,000 tons, which became the largest monthly indicator since January 2022 and the second largest December export volume of this oil in the entire history of Independence. About 25% of the exported oil was purchased by Romania, and 12% by Turkey. In general, in September - December 2023, Ukraine exported 2 million tons of sunflower oil, which is 4% higher than last year's...