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Soybean prices in Brazil fell sharply at the beginning of January amid increased new crop supplies and reduced export demand, particularly from China.   China is reducing its soybean purchases in anticipation of further price declines in South America, amid rising soybean inventories and lower pork prices.   According to CNGOIC (China National Grain and Oil Information Center), soybean stocks in China increased by 8% for the week and amounted to 7 million tons as of...

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 2500 Peas 9750 Rye 5000 Corn 6367 ↑ 22 4811 4588 ↑ 181 860 ↓ 87 145 ↓ 2 203 Flax 15000 ...

This week, global importers actively held tenders for the purchase of wheat, which supported stock market quotations and purchase prices in Ukraine.   On January 17, the Egyptian GASC held the second international tender of this year, where it purchased 300,000 tons of Russian and 60,000 tons of French wheat with delivery on March 15-30 and payment 270 days after the opening of the letter of credit at an average price of $285.48/t C&F, which corresponds to the price level of...

Traders continue to monitor weather conditions in South America, which mainly favor the development of soybean and corn crops. However, the heat forecast in Argentina in the coming weeks could lower production forecasts, as is currently happening in Brazil.   In Argentina, heavy rains in recent weeks have replenished soil moisture and improved the condition of soybean and corn crops. But dry weather and heat at 28-32 o C in the next two weeks will negatively affect the...

On January 18, the Egyptian state operator GASC held an international tender for the purchase of vegetable oils with delivery in March and payment 180 or 270 days after the opening of the letter of credit.   The number and prices of sunflower oil bids submitted to the tender corresponded to the level of the tender on December 27. 12 lots were offered at $950-1,000 (950-990)/t C&F with 180-day payment and $993-1,206 (1,040-1,300)/t C&F with 270-day...

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 2500 ↑ 100 Peas 9500 9500 Rye 5000 Corn 6367 ↓ 3 4811 ↑ 18 4388 789 ↓ 258 145 ↓ 2 203 Flax ...

After the publication of the January USDA report, traders in Ukraine sharply reduced their purchase prices for corn, citing a reduction in export sales. In response, farmers switched to selling soybeans and sunflowers, the prices of which remain at a high level.   Since Monday, the purchase prices for corn for delivery to Black Sea ports have decreased from $156-160/t or UAH 6,550-6,650/t to $146-153/t or UAH 6,000-6,250/t, although the prices of fodder wheat, whose offers have...

On January 17, the Egyptian GASC held the second international tender for the purchase of wheat in 2024, where it purchased a large batch of Russian wheat at the same price as at the auction on January 9, despite a significant decrease in the price of the offer of Ukrainian wheat from Nibulon.   The following proposals were submitted to the tender: 10 (15 at previous auctions) batches of Russian wheat at a price of $260 (265)/t FOB with payment in 180 days and $265 (270)/t FOB...