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Heat Wave in the USA and Improved Weather Conditions in the Black Sea Region are Key Factors Affecting Markets in the Coming Weeks
21.06.2024
Traders are currently focusing on the weather conditions in Russia, where the situation for spring crops is improving, as well as in the southeastern United States, which is experiencing a heatwave but is expected to see new thunderstorms and rain next week. Throughout this week, daily rains and thunderstorms have continued in the northwestern part of the Midwest and the Central and Southern Plains of the United States, which has been very beneficial for crop development. However,...
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Ukraine and the European Commission Extend "Transport Visa-Free Regime" Until 2025
21.06.2024
Ukraine and the European Commission have agreed to extend the "transport visa-free regime" for one year, with the possibility of automatic extension until the end of 2025. This was reported by RBC-Ukraine, citing Ukrainian Prime Minister Denys Shmyhal on Telegram and the press service of the Ministry of Restoration. The agreement was signed today in Brussels with the bilateral participation of representatives from Ukraine and the EU. As a result, freight transportation...
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Purchase prices for grains in Ukraine on June 20, 2024
20.06.2024
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 3850 Mustard seeds 111 Peas 12250 Buckwheat 500 Sugar beet pulp gran 155 Corn 8057 ...
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Export Demand for Corn in Ukraine Has Dropped Sharply
20.06.2024
The robust export demand for Ukrainian corn in April and May facilitated the export of about 7 million tons of corn over the past two months. As of June 19, Ukraine has exported 28.19 million tons of corn since the beginning of the 2023/24 marketing year (compared to 28.18 million tons on this date last year) with a USDA forecast of 26 million tons. Purchase prices for corn have continued to decline over the past week (due to the closure of export programs by major traders) to...
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Ukraine to Introduce Mechanism for Minimum Export Prices on Grain, Oilseeds, and Sunflower Oil
20.06.2024
The Ministry of Agrarian Policy of Ukraine plans to implement a mechanism for minimum export prices on various agricultural products, including grain, oilseeds, and sunflower oil. During an online meeting of the Trend&Hedge Club on June 19, a representative from the ministry, Mykhailo Sokolov, explained how the minimum price will be calculated and its potential impact on the market. According to Sokolov, the calculation of the minimum price will be based on official customs...
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Purchase Prices for Barley Higher Than Last Year at the Start of the Season But May Decrease
20.06.2024
The reduction in barley production forecasts in major exporting countries has slightly increased demand for barley in Ukraine. However, there is currently no hope for a significant boost in barley exports in the new season. Purchase prices for feed barley with delivery to Black Sea ports have not received strong support from the speculative price increases for feed wheat and corn, which rose to $200 and $185 per ton respectively in May. However, barley prices have increased from...
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Purchase prices for grains in Ukraine on June 19, 2024
19.06.2024
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, $ DAF, $ CIF, $ Wheat mill offals 3850 Peas 12250 Buckwheat 500 Sugar beet pulp gran 155 Corn 8057 ↑ 19 6981 6238 173 150 164 ↓ 4 Flax ...
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Strategie Grains Lowers Wheat Harvest Forecast for the EU as Harvest Begins
19.06.2024
In its June forecast, Strategie Grains lowered the 2024/25 marketing year soft wheat harvest estimate for the European Union by 1.7 million tons to 121.8 million tons, marking a four-year low due to lower yields at the start of the harvest. The wheat and barley harvest began this month in southern Europe, and so far, yield indicators have been mixed, reports Strategie Grains. The forecast for the EU soft wheat harvest is 3.6% lower than last year’s volume and will be the...
