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Brazil plans to increase arable land by 60% without cutting down trees
28.11.2023
Brazilian authorities have developed a plan to increase available agricultural land by 60% without cutting down trees, the Nieuwe Oogst portal reports. The country's Ministry of Agriculture has identified 40 million hectares of land that can be prepared for cultivation and cultivation of agricultural crops - for example, soybeans or corn. The government plans to invest 110 billion euros in these works over the next 10 years. Brazilian President Luiz Inácio...
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Purchase prices for grains in Ukraine on November 27, 2023
27.11.2023
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, $ FOB, $ DAF, $ CIF, $ Wheat mill offals 900 Peas 8250 195 Buckwheat 9000 Rye grade II 4500 Corn 5656 ↑ 43 4356 3092 150 135 194...
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Soybean oil prices fall 4% amid possible reduction in demand from the biodiesel industry
27.11.2023
The Chicago Stock Exchange was closed for Thanksgiving on Friday, so no one expected a price jump, but December soybean oil futures unexpectedly fell 4% to $1,134/t (-1% for the week, -1 .5% for the month), losing the growth of the previous week. The reason for the collapse of quotations was the decision of the US Fifth Circuit Court of Appeals in favor of the Ergon, Calumet Shreveport and Placid oil refineries, which challenged the ERA decision. The court allowed small refiners...
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The final grain yield in Ukraine will be higher than last year
27.11.2023
According to the Ministry of Agriculture, as of November 23, 55.053 million tons of grain were threshed in Ukraine from 10.237 million hectares or 94% of the area with a yield of 5.38 tons/ha, while last year on this date from 9.2 million hectares or 82% of the area was harvested 40.1 million tons of grain with a yield of 4.37 tons/ha. And the total gross harvest of grain and oil crops in Ukraine reached 75.763 million tons. Yes, on the specified date: wheat - 22.4 million...
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Freight rates for panamax transportation of corn from Odesa to China increased by $12-13/t
27.11.2023
During the week, freight rates for the transportation of grain from the river ports of the Danube and by handsizes from the deep-water ports of Odessa continued to fall, while the cost of transportation by panamax increased, Atria Brokers reports. As of November 23, rates for the transportation of corn by coasters of 6,000 tons from the ports of Reni and Izmail have decreased: in the direction of the eastern coast of Greece by $3-4/t — to $32-35/t, Spain — by...
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Purchase prices for grains in Ukraine on November 24, 2023
24.11.2023
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, $ FOB, $ DAF, $ CIF, $ Wheat mill offals 900 Peas 8500 195 Buckwheat 9000 Corn 5663 ↓ 12 4356 ↑ 41 3077 148 135 194 ↑ 6 rapeseed cake ...
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Already the second Ukrainian driver died at the border blocked by Polish carriers
24.11.2023
Since November 6, Polish carriers have been blocking the largest checkpoints on the border with Ukraine, as a result of which 20-long queues of cars have formed at the crossings "Yagodin-Dorogusk", "Krakowec-Korchova", "Rava-Ruska-Grebene" and "Shegyny - Medica". 30 km. Cars with humanitarian goods and fuel are also standing in line, although the protesters promised to let them pass without hindrance, but the Polish authorities do not react...
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Rainfall in Brazil and Argentina improves prospects for soybean and corn crops
24.11.2023
Rainfall intensity increased in central Brazil this week, with additional rains in Argentina easing concerns about the fate of the future soybean crop. Throughout the week, central Brazil has experienced the typical rainfall of this time of year, when the country's rainy season continues. Their number is still insufficient to cover the soil moisture deficit and significantly improve the condition of the crops. Next week is expected to reduce precipitation and increase...