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The General Authority for Food Security of Saudi Arabia (GFSA) last week held a tender to purchase 655 thousand tons of durum wheat of any origin with a protein of 12.5%, in which it purchased about 794 thousand tons at a significantly higher price than in January.   According to traders, wheat will be supplied mainly from the Russian Federation and Romania, although the tender offered wheat from the EU countries, the Black Sea region, North and South America, and...

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 FCA, $ CPT terminal, $ FOB, $ DAF, $ CIF, $ Wheat mill offals6000 ↓ 250Mustard seeds35000Peas11300200Coriander32000Corn1029688018500 ↓ 203212220202 ↑ 1239Soybean hulls granulated150Flax30000Soybean meal18700 ↑...

Hot and dry weather that set in last week in the central part of the United States led to a sharp speculative increase in wheat prices on US exchanges. But very heavy precipitation is forecast this week, which will contribute to the development of winter crops and spring wheat sowing in the United States.   Several fronts in the first half of March will bring heavy rainfall to the Midwest and the Central and Southern Plains of the United States, which will allow moisture to...

Last week, speculative price increases continued on US stock exchanges, driven by hot and dry weather in the main wheat-growing regions of the US, and on Friday prices rose another 2.2-3.9% in anticipation of US strikes on Iran.   Overall, quotes rose by 4-11.9% during the month amid speculative demand growth, but prices will quickly decline after the end of the Iranian strikes, especially amid forecasts of improved weather in the US.   On Friday, March wheat futures...

On the morning of February 28, Israel, followed by the United States, began striking Iran using about 200 aircraft. Over a 12-hour period, nearly 900 missiles and drones were fired, destroying the remnants of air defenses and attacking command posts, killing Iran's Supreme Leader Ali Khamenei and top IRGC and army leaders.   In response to Khamenei's death, Iran's Islamic Revolutionary Guard Corps vowed "the most brutal offensive operation in history" against...

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 FCA, $ CPT terminal, $ FOB, $ DAF, $ CIF, $ Wheat mill offals6000 ↓ 250Mustard seeds35000Peas11300200Coriander32000Corn1015887898500 ↓ 203212220200239Soybean hulls granulated150Flax30000Soybean...

According to Reuters, the Turkish Grain Agency TMO held an international tender for the purchase of feed corn on February 26, at which it purchased, as planned, 350 thousand tons of grain.   It is worth noting that the bulk of the contracted volume (300 thousand tons) is already within the country and purchased on an EXW basis from bonded warehouses, and only 50 thousand tons are purchased on a CFR basis, i.e. will be imported into the country.   In the CFR segment, two...

The rental rate for grain wagons owned by the Transport Logistics Center branch of Ukrzaliznytsia JSC will be increased to 2,100 UAH/day (excluding VAT) from March 1, while in February it was 2,000 UAH/day, according to the UZ website. The rental rate for tankers for transporting food products will also increase from 1,250 UAH/day to 1,400 UAH/day. At the same time, starting March 1, rental rates will decrease (compared to the cost in February): wagons for transporting flour of...