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Purchase prices for grains in Ukraine on December 28, 2023
28.12.2023
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 2500 ↑ 1100 Peas 8750 305 Rye 4500 Corn 6007 4971 4488 ↑ 17 155 ↓ 1 140 201 ↑ 16 Soybeen cake ...
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The Egyptian GASC bought 35 thousand tons of sunflower oil at a tender, 2.8% cheaper than in November
28.12.2023
On December 27, the state-owned Egyptian operator GASC held a tender for the purchase of 30,000 tons of soybean and 10,000 tons of sunflower oil with delivery on February 14-29 and/or March 1-15 with payment on presentation or a 270-day letter of credit. The number of bids for the supply of sunflower oil increased compared to the November 2 auction from 8 to 12, and the price decreased from $963-1000 to $950-990/t C&F with immediate payment and $1040-1300/t C&F with...
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Rental rates for railway transportation in Ukraine have stabilized
28.12.2023
Freight rates for rail transportation have stabilized, and on the most efficient routes have even decreased somewhat due to an increase in the number of wagons used by carriers, Spike Brokers reports. Currently, the cost of rail transportation is: Kharkiv region — Danube ports — $50-60/t; Lviv region — border with Poland — $25-32/t; Lviv region — border with Hungary — $26-34/t; Lviv region — Odesa — $39-44/t; Rivne...
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Brazil is wrapping up soybean planting and has already begun harvesting, adding pressure on quotes
28.12.2023
According to the agency Conab, as of December 24, 45.3 million hectares or 96.8% of the planned area were sown with soybeans in Brazil, which is almost in line with last year's pace, although the area sown increased by 2.5%. It will be recalled that the drought in the central-western regions caused by the El Niño phenomenon and excessive rainfall in the south of the country delayed sowing and in some places forced farmers to replant part of their crops. In...
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Purchase prices for grains in Ukraine on December 27, 2023
27.12.2023
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 1400 Peas 8750 Rye 4500 Corn 6000 4936 4471 ↑ 4 155 140 189 ↑ 4 Flax 14400 540 ...
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Lower soybean and sunflower oil prices are putting pressure on palm oil prices
27.12.2023
Increasing supplies of sunflower oil from Ukraine and the Russian Federation and soybean oil from Brazil and Argentina to the global market are increasing the pressure on palm oil prices, which have remained stable against the background of high oil prices. The export of sunflower oil from Ukraine in November grew by 32% compared to October to 538,000 tons, and in total in 2023/24 MR reached 1.3 million tons, while last year during this period 1.44 million tons were...
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Exchange prices for wheat rose after the introduction of export quotas in the Russian Federation
27.12.2023
The authorities of the Russian Federation established a quota of 24 million tons from February 15 to June 30, 2024 for the export of wheat, corn and barley to countries that are not part of the Eurasian Economic Union, while in 2022/23 MR the quota amount was 25.5 million t together for all cultures. This led to a speculative growth of wheat quotations on the US stock exchanges by 2.1-3.2%, which was also facilitated by the intensification of exports. March futures...
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Drought and limited exports will reduce global stocks of major agricultural products in 2024
27.12.2023
High food prices have forced world farmers to increase production of grain and oil crops in recent years, but in 2024 their supplies may decrease against the backdrop of adverse weather caused by the El Niño phenomenon and export restrictions on biofuels, Reuters reports. After several years of growth, world wheat, soybean and corn prices eased in 2023 on the back of increased Black Sea shipping and anticipation of a global recession, but will remain dependent on supply and...