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Forecasts of a decrease in the production of wheat and rapeseed in the EU in 2024/25 MR support quotations
30.11.2023
Against the background of the delay in sowing and unfavorable weather conditions in the west and south of Europe, Refinitiv Commodities Research experts have reduced the forecast for the production of soft wheat in the EU in 2024/25 MR by 0.7 million tons to 127.3 million tons (127 .7 million tons in the previous season), and the forecast of rapeseed production was left at the level of 18.6 (19.5 last year) million tons. Heavy rains and floods, especially in France, have slowed the...
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Purchase prices for grains in Ukraine on November 29, 2023
29.11.2023
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, $ DAF, $ CIF, $ Wheat mill offals 800 Peas 8250 195 Buckwheat 9000 Rye grade II 4500 Corn 5700 ↑ 29 4499 ↑ 17 3229 151 135 185 ↓ 3...
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The intentions of the Russian authorities to ban the export of grain will lead to an increase in world prices
29.11.2023
The authorities of the Russian Federation have spoken about a possible ban on grain exports if their reserves in the country decrease to a critical level of 10 million tons, which will allow domestic needs to be met within 1.5 months. But experts believe that reducing stocks to such a low level is unlikely, so they are surprised by the Russian government's intentions to introduce a ban on grain exports, reports Forbes. Director General of the Institute of Agricultural Market...
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The All-Ukrainian Agrarian Council demands that permission to increase the maximum area of agricultural land purchase be postponed
29.11.2023
The All-Ukrainian Agrarian Council (VAR) public union initiated the "Protect the Ukrainian Village" petition, which, on behalf of thousands of domestic agricultural producers, demands to postpone for two years after the end of the war the permission to increase the maximum area of agricultural land allowed for sale in one hand from 100 to 10,000 hectares The head of the VAR, Andriy Dykun, registered a petition on the website of the President of Ukraine on November 3, and...
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World corn prices are falling, but in Ukraine they continue to rise
29.11.2023
Against the background of increased shipments from all Black Sea terminals and unhindered entry of ships to ports, the purchase prices for corn in Ukraine continue to rise, but still remain the lowest on the world market. However, further price growth will limit the decline in global quotations. During the week, demand prices for corn rose by $5/t to $148-152/t or UAH 5,850-6,000/t with delivery to Black Sea ports and $156-160/t or UAH 6,100-6,200/t with delivery to ports Danube...
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Purchase prices for grains in Ukraine on November 28, 2023
28.11.2023
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, $ DAF, $ CIF, $ Wheat mill offals 800 Peas 8250 195 Buckwheat 9000 Rye grade II 4500 Corn 5671 ↑ 58 4482 ↑ 126 3146 151 ↑ 1 135 194 ↑ 6...
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Wheat prices continue to fall amid improving US crop conditions
28.11.2023
Last week, wheat quotations on world exchanges fell by 3.1-6% after a decrease of 2-4.4% in the previous week. Prices are under pressure from improved crop conditions and snow in major US winter wheat growing regions. Yesterday, December wheat futures fell: by 2.8% to $196.3/t - for soft winter SRW wheat in Chicago (-3.1% for the week), by 2% to $216.8/t - for HRW hard winter wheat in Kansas City (-4.8%). by 1.8% to $251.5/t - for hard spring HRS-wheat in Minneapolis...
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A delay in planting and lower soybean harvest forecasts in Brazil are supporting quotes
28.11.2023
According to the AgRural agency, as of November 23, 74% of the planned area was sown with soybeans in Brazil, which is the lowest figure in the last 8 years and significantly inferior to last year's 87%. Planting is delaying excessive rainfall in the southern state of Rio Grande do Sul, while in the central state of Mato Grosso, where 98% of the area is already planted, crop forecasts have again been lowered due to a lack of moisture. The AgRural agency lowered its...