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Export rail transportation of grain grew by 40% in November
07.12.2023
In November of this year, Ukrzaliznytsia increased the volume of freight transportation by 4% compared to October to 14 million tons, which was 33.8% higher than in November 2022 and became a record value since the beginning of the full-scale invasion of the Russian Federation, the company's press service reported. "Positive dynamics have been going on for several months, which made it possible to reach a record number of shipments since the beginning of the full-scale...
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Against the background of increased offers, the growth of corn prices in Ukraine has stopped
07.12.2023
Against the background of active growth of corn prices in Ukraine, farmers significantly increased sales, as a result of which queues formed in ports, and traders limited purchases, and even slightly lowered demand prices. Purchase prices decreased by $1-3/t to $150/t or UAH 6,000-6,050/t with delivery to Black Sea ports and $156-162/t or UAH 6,200-6,300/t with delivery to Danube ports. Trucks stand in the ports in queues for 2-4 days, so traders stopped raising prices. At the same...
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Purchase prices for sunflower in Ukraine are falling in line with oil prices
07.12.2023
After a sharp drop in sunflower prices last week, farmers stopped selling sunflowers, which exacerbated the shortage of offers on the Ukrainian market. Demand prices for sunflower fell from UAH 14,500-15,000/t to UAH 13,500-13,800/t with delivery to the plant under the pressure of a drop in oil prices, and in the last 10 days by 6-10%, which led to a decrease in vegetable oil prices, in particular sunflower, by 4-5%. During the week, quotations for soybean oil in Chicago and for...
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Purchase prices for grains in Ukraine on December 6, 2023
06.12.2023
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 800 Peas 8000 215 Rye grade II 4500 Corn 5771 4688 ↑ 6 3935 ↓ 35 158 ↑ 5 135 181 ↑ 4 Wheat flour, ...
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Better weather in Brazil helps complete soybean planting
06.12.2023
Rainfall in central Brazil is still below normal, but there have been scattered rains over the past two weeks that have helped complete planting and develop soybean and corn crops. Excess rains continue in the southern states, but their intensity will decrease by the end of the week, which will allow planting to be completed. According to the AgRural agency, as of November 30, 85% of the planned area was sown with soybeans in Brazil, compared to 91% last year. Heavy...
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Vegetable oil prices continue to fall following oil quotes
06.12.2023
A sharp drop in oil prices and improving weather conditions in South America added pressure on vegetable oil prices, which fell during the week. February Brent oil futures on the London ICE Futures exchange fell 10.3% since December 1 to the lowest level since July at $77.2/barrel (-5.5% for the week, 9.6% for the month) on against the backdrop of a decline in global demand. January WTI oil futures on electronic trading of the New York Stock Exchange NYMEX fell by...
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At the tender, Egypt purchased 170,000 tons of wheat at a price $2.5 per ton lower than at the previous tender
06.12.2023
The first tender was held on September 27, 2023, and in it Egypt purchased 170 thousand tons of wheat of Romanian and Bulgarian origin. The second tender was held on December 5, 2023, and in it Egypt purchased 170 thousand tons of wheat from Russia and Ukraine. The average price per ton in the second tender was $275.17 C&F, which is $2.45 lower than in the previous tender. At the second tender, wheat was purchased in three lots: Two consignments of Russian...
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StatCan experts have raised estimates for wheat and canola production this season
06.12.2023
According to a November report from Statistics Canada (StatCan), Canadian farmers harvested better-than-expected wheat and canola crops thanks to late summer rains that helped crops recover from drought. Thus, the total wheat harvest amounted to 32 million tons, which is the second lowest indicator in the last 6 years, but exceeds the September forecast of 29.8 million tons, and also exceeds last year's indicator by 6.9%. A 12.1% decrease in productivity due to dry weather in...