News

The completion of soybean harvesting in Brazil and Argentina increased the volume of supply on the world market, which led to a decrease in export demand for Ukrainian soybeans and soybean meal and pulp.   Traders have completed soybean purchase programs at ports, so prices remain at $400-415/t or UAH 18,500-19,000/t for GMO soybeans with delivery to Black Sea ports and $460-465/t for non-GMO soybeans with delivery to Danube ports.   Processors buy soybeans with GMOs at...

Palm oil futures in Malaysia traded flat during the week, despite data on increased production and reduced exports, which will lead to higher inventories and lower oil prices.   July palm oil futures on Bursa yesterday rose 0.6% to 3,892 ringgit/t or $828/t (+2.3% on the week) amid rising soybean and sunflower oil prices, which could lead to to the activation of palm oil exports, especially in view of the reduction of stocks in China and India.   According to the Palm Oil...

In the USA, Canada and Western Europe, favorable rains for crops have passed, but dry weather in the Black Sea countries reduces the potential of the future harvest.   Favorable weather remains in the Midwest and US Plains, and rains forecast for the next few days will slow down planting, but will replenish moisture and improve crop condition. Farmers are actively sowing spring wheat and corn between rains, so they can finish the work next week. Normal temperatures will help crops...

A sharp rise in prices for European wheat over the past month, caused by forecasts of a reduced harvest in the Russian Federation in 2024, led to a slowdown in exports from the EU and an increase in supplies of Russian wheat.   September wheat futures on the Euronex exchange in Paris in May rose by 14.3% to 259.25 €/t or $280.7/t, and in general, since March 1, they have risen in price by 29%.   According to the data of the European Commission (released 3 weeks late),...

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 3200 Peas 9190 Buckwheat 480 Rye grade IV 4400 Sugar beet pulp gran 155 Corn 7644...

During the week, global oil prices fell by 2.6% amid reduced risks of escalation in the Middle East, caused by the death of Iran's president, who was nicknamed "the butcher of Tehran" and was supposed to replace 85-year-old Ayatollah Khamenei. A new president will be elected on June 28, and he will not change the course of the country, but the intensification of the internal struggle of the clans will at least temporarily distract them from the escalation in the world...

Prices for rice, a staple food in many countries, have hit a 15-year high after a period of stability amid adverse weather. Brazil will increase its rice imports after heavy flooding in the south of the country, and Indonesia will continue to buy significant volumes in the future.   India, the world's largest seller of rice, imposed restrictions on rice exports last year, which affected prices. And the drought caused by the El Nino phenomenon will reduce production in the main...

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 3200 Peas 9190 Rye grade IV 4400 Sugar beet pulp gran 155 Corn 7625 ↓ 196 6476 5856 170 188...